INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0438%/8h= −48.0% APRnext payment −$0.55 per $10,000 · paid last 24h −0.020%

Price spread now: Polymarket Perps against Deribit+0.024%7-day average +0.020% · 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−$37as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on Deribit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.049%+$5 on $10k

Price spread, last 3 days (all we have)−0.050%−$5 · spread now +0.024%, 7d avg +0.020%

Together, before fees0.000%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.049% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.55 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	123.38	0.0561	pay 0.0070% / 1h	46m 52s	$21K	$178K	10x
Short	Polymarket Perps INTC-USD	123.41	0.0123	get 0.0015% / 1h	46m 52s	$213K	$449K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket 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 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 Polymarket PerpsbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$92.02
Price spread: +0.024% → +0.020%: $0.41
Slippage, 4 orders: −$22.65
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$129.27
Costs to cover: 0.377%
Break-even: never at this rate

Slippage from Deribit: live order book, 32 min ago; Polymarket Perps: live order book, 30 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, 32 min ago	0.41 bp	14.4 bp −$14	17.7 bp −$177	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 30 min ago	2.03 bp	6.2 bp −$6	6.8 bp −$68	8.9 bp −$892	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
Aster INTCUSDT	0.0000%	8h	123.54	+0.130%	$308K	$506K	20x	as long as short
OKX INTC-USDT-SWAP	0.0000%	8h	123.58	+0.162%	$18.7M	$69.4M	25x	as long as short
Gate INTC_USDT	0.0000%	8h	123.44	+0.049%	$9.1M	$32.2M	75x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.54	+0.130%	$1.7M	$51K	10x	as long as short
GRVT INTC_USDT_Perp	+0.0022%	8h	123.61	+0.187%	$926K	$1.4M	10x	as long as short
Bybit INTCUSDT	+0.0025%	8h	123.57	+0.154%	$13.4M	$28.9M	50x	as long as short
Lighter RH INTC	+0.0032%	1h	123.52	+0.113%	$599K	$3.0M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0032%	1h	123.29	−0.073%	$263K	$1.2M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.653%	$213	$23K	12x	as long as short
Aftermath Perps INTCUSD	+0.0044%	1h	123.41	+0.025%	$2K	$53K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest INTC-USD-PERP	+0.0046%	1h	123.48	+0.081%	—	$1.5M	25x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.46	+0.065%	$1.3M	$2.3M	10x	as long as short
SoDEX INTC-USD	+0.0052%	1h	123.50	+0.096%	$28K	$4K	10x	as long as short
QFEX INTC-USD	+0.0055%	1h	123.44	+0.049%	$1.9M	$15.2M	10x	as long as short
Variational Omni INTC	+0.0064%	8h	123.66	+0.227%	$2.2M	$2.5M	—	as long as short
Paradex INTC-USD-PERP	+0.0096%	8h	123.39	+0.010%	—	—	5x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.73	+0.284%	$46K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.40	+0.016%	$4K	$3K	10x	as long as short
Extended INTC_24_5-USD	+0.0112%	1h	123.52	+0.110%	$352K	$1.1M	10x	as long as short
Aevo INTC-PERP	+0.0112%	1h	123.40	+0.014%	$50K	—	10x	as long as short
Nado INTC-PERP	+0.0113%	1h	123.32	−0.046%	$170K	$238K	10x	as long as short
Binance INTCUSDT	+0.0116%	8h	123.56	+0.144%	$72.2M	$409.7M	25x	as long as short
Polymarket Perps INTC-USDshort	+0.0123%	1h	123.41	+0.024%	$213K	$449K	10x
KuCoin INTCUSDTM	+0.0205%	8h	123.43	+0.041%	$1.2M	$57K	20x	as long as short
BloFin INTC-USDT	+0.0236%	8h	123.54	+0.130%	$867K	$325K	25x	as long as short
Bitget INTCUSDT	+0.0245%	8h	123.59	+0.170%	$25.5M	$34.1M	50x	as long as short
tradeXYZ xyz:INTC	+0.0296%	1h	123.54	+0.130%	$146.6M	$79.3M	10x	as long as short
Phoenix INTC	+0.0325%	1h	123.57	+0.154%	$47K	$256K	10x	as long as short
Lighter INTC	+0.0416%	1h	123.57	+0.153%	$1.5M	$1.9M	10x	as long as short
RISEx INTC/USDC	+0.0433%	1h	123.51	+0.109%	$342K	$378K	10x	as long as short
Deribit INTC_USDC-PERPETUALlong	+0.0561%	1h	123.38	long leg	$21K	$178K	10x
Arcus INTC-USD	+0.0567%	1h	123.42	+0.032%	$108K	$298K	10x	as long as short
edgeX INTCUSDC	+0.0785%	4h	123.60	+0.175%	$88K	$289K	10x	as long as short