INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0261%/8h= +28.6% APRnext payment +$0.33 per $10,000 · paid last 24h +0.037%

Price spread now: Phoenix against Deribit+0.024%7-day average +0.009% · 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−$41as in the Price arb table

costs, in and out, $10k−$430.426% of the position

Long on Deribit Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.150%+$15 on $10k

Price spread, last 4 days (all we have)−0.264%−$26 · spread now +0.024%, 7d avg +0.009%

Together, before fees−0.114%−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit INTC_USDC-PERPETUAL	122.92	0	get 0.0000% / 1h	32m 23s	$21K	$107K	10x
Short	Phoenix INTC	122.95	0.0261	get 0.0033% / 1h	32m 23s	$47K	$265K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.024%Rate

Funding earned: $54.88
Price spread: +0.024% → +0.009%: $1.53
Slippage, 4 orders: −$28.55
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $13.85
Costs to cover: 0.426%
Break-even: 5.2 days

Slippage from Deribit: live order book, 31 min ago; Phoenix: live order book, 28 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, 31 min ago	4.89 bp	8.4 bp −$8	9.9 bp −$99	doesn't fit	doesn't fit
Sell Phoenix live order book, 28 min ago	3.27 bp	11.7 bp −$12	25.2 bp −$252	doesn't fit	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	−0.0115%	1h	123.00	+0.061%	$172K	$285K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	123.01	+0.070%	$306K	$524K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.05	+0.106%	$13.3M	$28.3M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.05	+0.106%	$8.6M	$30.2M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	123.12	+0.163%	$25.5M	$32.1M	50x	as long as short
Deribit INTC_USDC-PERPETUALlong	0.0000%	1h	122.92	long leg	$21K	$107K	10x
Phemex INTCUSDT	0.0000%	8h	122.99	+0.057%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	123.08	+0.130%	$651K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.285%	$213	$22K	12x	as long as short
GRVT INTC_USDT_Perp	+0.0034%	8h	122.94	+0.016%	$921K	$1.4M	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	+0.0034%	8h	123.07	+0.122%	$18.6M	$67.5M	25x	as long as short
Arcus INTC-USD	+0.0040%	1h	122.94	+0.016%	$93K	$308K	10x	as long as short
Aftermath Perps INTCUSD	+0.0041%	1h	122.94	+0.015%	$2K	$52K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	123.02	+0.081%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	122.99	+0.057%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	122.89	−0.024%	$1.3M	$2.2M	10x	as long as short
QFEX INTC-USD	+0.0057%	1h	123.08	+0.130%	$1.6M	$12.7M	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.00	+0.065%	$45K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	122.98	+0.049%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0106%	8h	123.04	+0.100%	—	—	5x	as long as short
Variational Omni INTC	+0.0114%	8h	123.02	+0.078%	$2.1M	$2.5M	—	as long as short
Aevo INTC-PERP	+0.0120%	1h	122.99	+0.058%	$50K	—	10x	as long as short
Extended INTC_24_5-USD	+0.0152%	1h	123.04	+0.102%	$341K	$1.8M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0152%	1h	122.57	−0.285%	$258K	$924K	10x	as long as short
Binance INTCUSDT	+0.0153%	8h	123.07	+0.122%	$72.5M	$399.8M	25x	as long as short
Polymarket Perps INTC-USD	+0.0156%	1h	123.07	+0.122%	$212K	$482K	10x	as long as short
KuCoin INTCUSDTM	+0.0175%	8h	123.01	+0.073%	$1.1M	$104K	20x	as long as short
Phoenix INTCshort	+0.0261%	1h	122.95	+0.024%	$47K	$265K	10x
RISEx INTC/USDC	+0.0264%	1h	123.11	+0.158%	$347K	$381K	10x	as long as short
BloFin INTC-USDT	+0.0274%	8h	123.03	+0.089%	$922K	$305K	25x	as long as short
tradeXYZ xyz:INTC	+0.0286%	1h	123.03	+0.089%	$147.0M	$68.4M	10x	as long as short
Lighter INTC	+0.0352%	1h	123.10	+0.145%	$1.5M	$2.0M	10x	as long as short
edgeX INTCUSDC	+0.0994%	4h	122.93	+0.010%	$87K	$292K	10x	as long as short