Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0753%/8h= −82.4% APRpaid last 24h −0.100%

Price spread now: Bybit against edgeX−0.023%91s7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$420.422% of the position

Long on edgeX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.930%−$93 on $10k

Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.023%, 7d avg +0.004%

Together, before fees−0.791%+ Points / potential airdropedgeX: Active · farm board−$79 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Bybit is 0.027% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.004%). Swap the legs. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX INTCUSDC	120.56	0.0753	pay 0.0376% / 4h	3h 13m	$86K	$297K	10x
Short	Bybit INTCUSDT	120.53	0	get 0.0000% / 8h	7h 13m	$12.9M	$28.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against edgeX. 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 edgeXbpFee BybitbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$158.1
Price spread: −0.023% → +0.004%: −$2.73
Slippage, 4 orders: −$22.18
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$203.02
Costs to cover: 0.422%
Break-even: never at this rate

Slippage from edgeX: live order book, 19 min ago; Bybit: live order book, 5 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 edgeX live order book, 19 min ago	5.84 bp	11.0 bp −$11	20.9 bp −$209	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	0.83 bp	9.9 bp −$10	20.5 bp −$205	339.5 bp −$33.9K	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	120.71	+0.125%	$429K	$676K	20x	as long as short
Bybit INTCUSDTshort	0.0000%	8h	120.53	−0.023%	$12.9M	$28.4M	50x
Gate INTC_USDT	0.0000%	8h	120.61	+0.043%	$7.9M	$31.3M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	120.62	+0.052%	$25.3M	$30.7M	50x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.60	+0.035%	$1.7M	$49K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0001%	8h	120.54	−0.015%	$18.0M	$67.8M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	120.63	+0.060%	$665K	$2.8M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0032%	1h	120.41	−0.122%	$254K	$889K	10x	as long as short
Variational Omni INTC	+0.0033%	8h	120.67	+0.091%	$1.8M	$2.7M	—	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.649%	$213	$16K	12x	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	+0.0039%	1h	120.37	−0.152%	$2K	$55K	10x	as long as short
Arcus INTC-USD	+0.0040%	1h	120.64	+0.068%	$88K	$289K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.74	+0.151%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	120.68	+0.102%	$216K	$512K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.58	+0.019%	$1.2M	$2.6M	10x	as long as short
QFEX INTC-USD	+0.0056%	1h	120.67	+0.093%	$1.2M	$9.8M	10x	as long as short
Extended INTC_24_5-USD	+0.0072%	1h	120.52	−0.033%	$334K	$1.9M	10x	as long as short
Binance INTCUSDT	+0.0074%	8h	120.55	−0.006%	$69.1M	$398.9M	25x	as long as short
Nado INTC-PERP	+0.0078%	1h	120.54	−0.012%	$155K	$297K	10x	as long as short
Aevo INTC-PERP	+0.0096%	1h	120.62	+0.049%	$49K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.61	+0.043%	$47K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.64	+0.068%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0117%	8h	120.65	+0.073%	—	—	5x	as long as short
Lighter INTC	+0.0144%	1h	120.64	+0.068%	$1.4M	$1.8M	10x	as long as short
KuCoin INTCUSDTM	+0.0151%	8h	120.54	−0.015%	$1.1M	$175K	20x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0165%	1h	120.61	+0.043%	$20K	$105K	10x	as long as short
BloFin INTC-USDT	+0.0193%	8h	120.59	+0.027%	$897K	$333K	25x	as long as short
SoDEX INTC-USD	+0.0249%	1h	120.61	+0.048%	$27K	$4K	10x	as long as short
tradeXYZ xyz:INTC	+0.0263%	1h	120.57	+0.010%	$145.3M	$57.6M	10x	as long as short
Phoenix INTC	+0.0264%	1h	120.55	−0.006%	$47K	$236K	10x	as long as short
GRVT INTC_USDT_Perp	+0.0277%	8h	120.55	−0.006%	$903K	$1.4M	10x	as long as short
RISEx INTC/USDC	+0.0362%	1h	120.63	+0.063%	$316K	$310K	10x	as long as short
edgeX INTCUSDClong	+0.0753%	4h	120.56	long leg	$86K	$297K	10x