Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h −0.085%

Price spread now: Deribit against edgeX−0.154%75s7-day average −0.034% · you buy dearer than you sell

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

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

costs, in and out, $10k−$410.409% of the position

Long on edgeX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.610%−$61 on $10k

Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.154%, 7d avg −0.034%

Together, before fees−0.447%+ Points / potential airdropedgeX: Active · farm board−$45 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Deribit is 0.120% cheaper against edgeX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.034%). Swap the legs. The two prices were read 75 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	120.23	0.0340	pay 0.0170% / 4h	1h 31m	$85K	$295K	10x
Short	Deribit INTC_USDC-PERPETUAL	120.04	0	get 0.0000% / 1h	31m 40s	$20K	$108K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.154%Rate

Funding earned: −$71.36
Price spread: −0.154% → −0.034%: −$11.97
Slippage, 4 orders: −$24.89
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$124.22
Costs to cover: 0.409%
Break-even: never at this rate

Slippage from edgeX: live order book, 11 min ago; Deribit: live order book, 12 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, 11 min ago	5.82 bp	11.1 bp −$11	21.2 bp −$212	doesn't fit	doesn't fit
Sell Deribit live order book, 12 min ago	3.75 bp	11.4 bp −$11	13.7 bp −$137	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
Bitget INTCUSDT	−0.1010%	8h	120.39	+0.137%	$25.2M	$32.2M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	120.22	−0.002%	$423K	$668K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	120.14	−0.071%	$12.8M	$28.5M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	120.20	−0.021%	$8.0M	$30.8M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	120.27	+0.036%	$901K	$1.4M	10x	as long as short
Deribit INTC_USDC-PERPETUALshort	0.0000%	1h	120.04	−0.154%	$20K	$108K	10x
Phemex INTCUSDT	0.0000%	8h	120.16	−0.054%	$1.7M	$50K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0020%	8h	120.22	−0.005%	$18.0M	$67.2M	25x	as long as short
Variational Omni INTC	+0.0027%	8h	120.09	−0.109%	$2.1M	$2.5M	—	as long as short
Aftermath Perps INTCUSD	+0.0031%	1h	120.15	−0.062%	$2K	$55K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH INTC	+0.0032%	1h	120.18	−0.038%	$668K	$2.9M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.927%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	120.12	−0.088%	$91K	$307K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.00	−0.188%	—	$1.5M	25x	as long as short
QFEX INTC-USD	+0.0047%	1h	120.16	−0.054%	$1.3M	$10.1M	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	120.14	−0.067%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.11	−0.096%	$1.2M	$2.4M	10x	as long as short
Polymarket Perps INTC-USD	+0.0056%	1h	120.12	−0.088%	$215K	$520K	10x	as long as short
Binance INTCUSDT	+0.0062%	8h	120.18	−0.036%	$69.1M	$397.6M	25x	as long as short
Extended INTC_24_5-USD	+0.0064%	1h	120.16	−0.054%	$332K	$961K	10x	as long as short
Paradex INTC-USD-PERP	+0.0082%	8h	120.14	−0.071%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0096%	1h	120.12	−0.087%	$48K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.30	+0.062%	$47K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.11	−0.096%	$4K	$3K	10x	as long as short
Lighter INTC	+0.0104%	1h	120.19	−0.028%	$1.4M	$1.9M	10x	as long as short
KuCoin INTCUSDTM	+0.0104%	8h	120.23	+0.004%	$1.1M	$105K	20x	as long as short
Coinbase International INTC-PERP-INTX	+0.0128%	1h	120.15	−0.063%	$240K	$837K	10x	as long as short
Nado INTC-PERP	+0.0136%	1h	120.11	−0.093%	$157K	$287K	10x	as long as short
BloFin INTC-USDT	+0.0184%	8h	120.22	−0.005%	$894K	$308K	25x	as long as short
tradeXYZ xyz:INTC	+0.0191%	1h	120.16	−0.054%	$143.5M	$63.2M	10x	as long as short
Phoenix INTC	+0.0199%	1h	120.13	−0.079%	$46K	$239K	10x	as long as short
RISEx INTC/USDC	+0.0239%	1h	120.23	+0.002%	$315K	$320K	10x	as long as short
edgeX INTCUSDClong	+0.0340%	4h	120.23	long leg	$85K	$295K	10x