Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0755%/8h= −82.7% APRpaid last 24h −0.110%

Price spread now: Phemex against edgeX+0.044%78s7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$226as 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−$1161.164% of the position

Long on edgeX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−1.098%−$110 on $10k

Price spread, last 4 days (all we have)+0.237%+$24 · spread now +0.044%, 7d avg +0.012%

Together, before fees−0.861%+ Points / potential airdropedgeX: Active · farm board−$86 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.032% dearer against edgeX than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of +0.012%): +$3 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 3 hours. The two prices were read 78 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	121.14	0.0755	pay 0.0377% / 4h	2h 58m	$86K	$297K	10x
Short	Phemex INTCUSDT	121.19	0	get 0.0000% / 8h	6h 58m	$1.7M	$49K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$158.52
Price spread: +0.044% → +0.012%: $3.17
Slippage, 4 orders: −$95.37
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$271.73
Costs to cover: 1.164%
Break-even: never at this rate

Slippage from edgeX: live order book, 35 min ago; Phemex: 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, 35 min ago	5.84 bp	11.0 bp −$11	20.9 bp −$209	doesn't fit	doesn't fit
Sell Phemex live order book, 5 min ago	4.96 bp	48.6 bp −$49	doesn't fit	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
Aster INTCUSDT	0.0000%	8h	121.29	+0.126%	$432K	$674K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	121.17	+0.027%	$12.9M	$28.5M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	121.24	+0.085%	$8.0M	$30.8M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	121.28	+0.118%	$25.3M	$30.7M	50x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	121.19	+0.044%	$20K	$105K	10x	as long as short
Phemex INTCUSDTshort	0.0000%	8h	121.19	+0.044%	$1.7M	$49K	10x
OKX INTC-USDT-SWAP	+0.0006%	8h	121.22	+0.068%	$18.1M	$68.1M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	121.24	+0.085%	$662K	$2.6M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.167%	$213	$16K	12x	as long as short
Aftermath Perps INTCUSD	+0.0038%	1h	121.04	−0.078%	$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
Vest INTC-USD-PERP	+0.0046%	1h	121.38	+0.200%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	121.26	+0.101%	$217K	$512K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	121.04	−0.080%	$1.2M	$2.6M	10x	as long as short
Variational Omni INTC	+0.0053%	8h	121.06	−0.066%	$1.8M	$2.7M	—	as long as short
Coinbase International INTC-PERP-INTX	+0.0056%	1h	120.89	−0.204%	$256K	$893K	10x	as long as short
QFEX INTC-USD	+0.0063%	1h	121.22	+0.068%	$1.2M	$9.7M	10x	as long as short
SoDEX INTC-USD	+0.0077%	1h	121.24	+0.085%	$27K	$4K	10x	as long as short
Binance INTCUSDT	+0.0095%	8h	121.21	+0.060%	$69.6M	$399.5M	25x	as long as short
Extended INTC_24_5-USD	+0.0096%	1h	121.18	+0.033%	$336K	$1.9M	10x	as long as short
Nado INTC-PERP	+0.0098%	1h	121.17	+0.026%	$156K	$297K	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	121.00	−0.113%	$47K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	121.23	+0.077%	$4K	$3K	10x	as long as short
Aevo INTC-PERP	+0.0104%	1h	121.25	+0.091%	$49K	—	10x	as long as short
tradeXYZ xyz:INTC	+0.0111%	1h	121.17	+0.027%	$146.0M	$57.1M	10x	as long as short
Paradex INTC-USD-PERP	+0.0114%	8h	121.22	+0.072%	—	—	5x	as long as short
Arcus INTC-USD	+0.0131%	1h	121.23	+0.077%	$88K	$286K	10x	as long as short
KuCoin INTCUSDTM	+0.0161%	8h	121.23	+0.077%	$1.1M	$193K	20x	as long as short
BloFin INTC-USDT	+0.0214%	8h	121.19	+0.044%	$896K	$336K	25x	as long as short
Lighter INTC	+0.0224%	1h	121.28	+0.117%	$1.4M	$1.6M	10x	as long as short
Phoenix INTC	+0.0264%	1h	121.07	−0.056%	$47K	$201K	10x	as long as short
GRVT INTC_USDT_Perp	+0.0278%	8h	121.16	+0.021%	$907K	$1.4M	10x	as long as short
RISEx INTC/USDC	+0.0394%	1h	121.26	+0.105%	$318K	$295K	10x	as long as short
edgeX INTCUSDClong	+0.0755%	4h	121.14	long leg	$86K	$297K	10x