Funding you earn now, next payment 03:00 UTC−0.0187%/8h= −20.5% APRnext payment −$0.23 per $10,000 · paid last 24h −0.033%
Price spread now: Ondo Perps against Deribit−0.179%7-day average −0.082% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.179%, 7d avg −0.082%
=Together, before fees+0.036%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.097% cheaper against Deribit than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.082%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.042% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit INTC_USDC-PERPETUAL | 123.20 | 0.0237 | pay 0.0030% / 1h | 11m 10s | $21K | $107K | 10x |
| Short | Ondo Perps INTC-USD.P | 122.98 | 0.0050 | get 0.0006% / 1h | 11m 10s | $1.3M | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$39.24
- Price spread: −0.179% → −0.082%
- −$9.7
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$60.94
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 52 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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, 52 min ago | 4.89 bp | 8.4 bp −$8 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0089% | 1h | 123.08 | −0.098% | $172K | $284K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 123.14 | −0.052% | $307K | $522K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 123.27 | +0.057% | $13.2M | $28.3M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 123.22 | +0.016% | $8.6M | $30.3M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 123.26 | +0.049% | $25.5M | $32.0M | 50x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 123.29 | +0.073% | $1.7M | $50K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 123.30 | +0.081% | $653K | $2.8M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −1.510% | $213 | $22K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0040% | 1h | 123.04 | −0.127% | $2K | $52K | 10x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 123.07 | −0.106% | $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 | |
|---|---|---|---|---|---|---|---|---|
| OKX INTC-USDT-SWAP | +0.0045% | 8h | 123.29 | +0.073% | $18.7M | $67.5M | 25x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 123.15 | −0.041% | — | $1.5M | 25x | as long as short |
| GRVT INTC_USDT_Perp | +0.0046% | 8h | 123.15 | −0.042% | $922K | $1.4M | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 123.21 | +0.005% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.Pshort | +0.0050% | 1h | 122.98 | −0.179% | $1.3M | $2.2M | 10x | |
| QFEX INTC-USD | +0.0057% | 1h | 123.17 | −0.024% | $1.6M | $12.5M | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 123.14 | −0.049% | $45K | $260K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 123.23 | +0.024% | $4K | $3K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0114% | 8h | 123.14 | −0.052% | — | — | 5x | as long as short |
| Variational Omni INTC | +0.0117% | 8h | 123.12 | −0.068% | $2.2M | $2.5M | — | as long as short |
| Aevo INTC-PERP | +0.0120% | 1h | 123.26 | +0.047% | $50K | — | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0152% | 1h | 122.57 | −0.511% | $258K | $923K | 10x | as long as short |
| Binance INTCUSDT | +0.0156% | 8h | 123.31 | +0.086% | $72.8M | $399.3M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0160% | 1h | 123.24 | +0.033% | $341K | $1.8M | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0171% | 1h | 123.16 | −0.032% | $212K | $484K | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0179% | 8h | 123.10 | −0.081% | $1.1M | $104K | 20x | as long as short |
| Deribit INTC_USDC-PERPETUALlong | +0.0237% | 1h | 123.20 | long leg | $21K | $107K | 10x | |
| Phoenix INTC | +0.0261% | 1h | 123.12 | −0.065% | $47K | $265K | 10x | as long as short |
| RISEx INTC/USDC | +0.0264% | 1h | 123.21 | +0.010% | $348K | $382K | 10x | as long as short |
| BloFin INTC-USDT | +0.0276% | 8h | 123.24 | +0.032% | $927K | $305K | 25x | as long as short |
| tradeXYZ xyz:INTC | +0.0305% | 1h | 123.22 | +0.016% | $147.3M | $68.4M | 10x | as long as short |
| Lighter INTC | +0.0360% | 1h | 123.31 | +0.092% | $1.5M | $2.0M | 10x | as long as short |
| edgeX INTCUSDC | +0.0604% | 4h | 123.14 | −0.049% | $87K | $291K | 10x | as long as short |
Deribit INTC_USDC-PERPETUAL
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
Phemex INTCUSDT
Lighter RH INTC
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
OKX INTC-USDT-SWAP
GRVT INTC_USDT_Perp
SoDEX INTC-USD
ApeX Omni INTCUSDT
Paradex INTC-USD-PERP
Variational Omni INTC
Coinbase International INTC-PERP-INTX
Binance INTCUSDT
Extended INTC_24_5-USD
Polymarket Perps INTC-USD
KuCoin INTCUSDTM
Phoenix INTC
RISEx INTC/USDC
BloFin INTC-USDT
tradeXYZ xyz:INTC
Lighter INTC
edgeX INTCUSDC