INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h +0.059%

Price spread now: Lighter against Deribit+0.077%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$220.220% of the position

Long on Deribit Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.182%+$18 on $10k

Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.077%, 7d avg +0.051%

Together, before fees+0.036%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Lighter is 0.026% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit INTC_USDC-PERPETUAL	123.11	0	get 0.0000% / 1h	22m 40s	$21K	$107K	10x
Short	Lighter INTC	123.20	0.0320	get 0.0040% / 1h	22m 40s	$1.5M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee LighterbpOrdersPrice spread, now +0.077%Rate

Funding earned: $67.2
Price spread: +0.077% → +0.051%: $2.61
Slippage, 4 orders: −$15.04
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: $47.76
Costs to cover: 0.220%
Break-even: 2.0 days

Slippage from Deribit: live order book, 36 min ago; Lighter: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit live order book, 36 min ago	5.69 bp	9.2 bp −$9	11.0 bp −$110	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	1.18 bp	1.6 bp −$2	4.7 bp −$47	30.9 bp −$3,094	doesn't fit

INTC on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado INTC-PERP	−0.0068%	1h	123.10	−0.006%	$172K	$282K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	123.14	+0.024%	$307K	$522K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.25	+0.114%	$13.1M	$28.5M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.21	+0.081%	$8.6M	$30.2M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	123.29	+0.146%	$25.5M	$32.1M	50x	as long as short
Deribit INTC_USDC-PERPETUALlong	0.0000%	1h	123.11	long leg	$21K	$107K	10x
Phemex INTCUSDT	0.0000%	8h	123.22	+0.089%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	123.23	+0.097%	$670K	$2.9M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.438%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	123.11	0.000%	$93K	$307K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps INTCUSD	+0.0043%	1h	123.11	0.000%	$2K	$52K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	123.14	+0.024%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.17	+0.052%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.05	−0.049%	$1.3M	$2.2M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0053%	8h	123.24	+0.106%	$18.8M	$67.5M	25x	as long as short
QFEX INTC-USD	+0.0060%	1h	123.20	+0.073%	$1.6M	$12.3M	10x	as long as short
GRVT INTC_USDT_Perp	+0.0062%	8h	123.16	+0.041%	$923K	$1.4M	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.10	−0.008%	$48K	$261K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.15	+0.032%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0106%	8h	123.22	+0.092%	—	—	5x	as long as short
Polymarket Perps INTC-USD	+0.0117%	1h	123.19	+0.065%	$212K	$481K	10x	as long as short
Aevo INTC-PERP	+0.0120%	1h	123.20	+0.076%	$50K	—	10x	as long as short
Variational Omni INTC	+0.0121%	8h	123.09	−0.014%	$2.1M	$2.5M	—	as long as short
Coinbase International INTC-PERP-INTX	+0.0144%	1h	123.13	+0.016%	$262K	$858K	10x	as long as short
Extended INTC_24_5-USD	+0.0160%	1h	123.23	+0.096%	$345K	$1.8M	10x	as long as short
Binance INTCUSDT	+0.0160%	8h	123.25	+0.114%	$72.8M	$399.9M	25x	as long as short
KuCoin INTCUSDTM	+0.0189%	8h	123.15	+0.032%	$1.1M	$104K	20x	as long as short
BloFin INTC-USDT	+0.0280%	8h	123.23	+0.097%	$929K	$306K	25x	as long as short
tradeXYZ xyz:INTC	+0.0318%	1h	123.24	+0.106%	$147.3M	$69.0M	10x	as long as short
Lighter INTCshort	+0.0320%	1h	123.20	+0.077%	$1.5M	$2.1M	10x
Phoenix INTC	+0.0324%	1h	123.10	−0.008%	$47K	$265K	10x	as long as short
RISEx INTC/USDC	+0.0415%	1h	123.27	+0.129%	$348K	$369K	10x	as long as short
edgeX INTCUSDC	+0.0859%	4h	123.10	−0.006%	$87K	$293K	10x	as long as short