Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.004%

Price spread now: ApeX Omni against GRVT+0.074%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$940.937% of the position

Long on GRVT Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.224%+$22 on $10k

Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.074%, 7d avg −0.014%

Together, before fees+0.075%+ Points / potential airdropGRVT: Active · farm board+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.089% dearer against GRVT than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT INTC_USDT_Perp	121.27	0	get 0.0000% / 8h	2h 50m	$909K	$1.5M	10x
Short	ApeX Omni INTCUSDT	121.36	0.0100	get 0.0013% / 1h	50m 45s	$47K	$259K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against GRVT. 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 GRVTbpFee ApeX OmnibpOrdersPrice spread, now +0.074%Rate

Funding earned: $21
Price spread: +0.074% → −0.014%: $8.86
Slippage, 4 orders: −$74.69
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$63.83
Costs to cover: 0.937%
Break-even: 28.3 days

Slippage from GRVT: live order book, 2 min ago; ApeX Omni: live order book, 61 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 GRVT live order book, 2 min ago	1.24 bp	12.0 bp −$12	15.8 bp −$158	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 61 min ago	30.94 bp	35.9 bp −$36	74.7 bp −$747	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	−0.0724%	8h	121.32	+0.041%	$25.1M	$32.0M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	121.27	0.000%	$300K	$541K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	121.25	−0.016%	$12.9M	$28.8M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	121.24	−0.025%	$8.5M	$30.1M	75x	as long as short
GRVT INTC_USDT_Perplong	0.0000%	8h	121.27	long leg	$909K	$1.5M	10x
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	121.16	−0.091%	$20K	$107K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	121.23	−0.033%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	121.25	−0.016%	$661K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.058%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	121.14	−0.107%	$92K	$307K	10x	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	+0.0042%	1h	121.08	−0.159%	$2K	$54K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	121.24	−0.025%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	121.26	−0.008%	$208K	$496K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	121.14	−0.107%	$1.2M	$2.3M	10x	as long as short
QFEX INTC-USD	+0.0052%	1h	121.20	−0.058%	$1.4M	$11.3M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0055%	8h	121.22	−0.041%	$18.2M	$68.1M	25x	as long as short
edgeX INTCUSDC	+0.0072%	4h	121.22	−0.045%	$86K	$294K	10x	as long as short
Variational Omni INTC	+0.0074%	8h	121.24	−0.022%	$2.1M	$2.5M	—	as long as short
Nado INTC-PERP	+0.0096%	1h	121.20	−0.055%	$160K	$289K	10x	as long as short
Paradex INTC-USD-PERP	+0.0099%	8h	121.23	−0.032%	—	—	5x	as long as short
ApeX Omni INTCUSDTshort	+0.0100%	1h	121.36	+0.074%	$47K	$259K	50x
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	121.22	−0.041%	$4K	$3K	10x	as long as short
Binance INTCUSDT	+0.0109%	8h	121.24	−0.021%	$70.8M	$400.9M	25x	as long as short
Extended INTC_24_5-USD	+0.0112%	1h	121.19	−0.069%	$336K	$1.9M	10x	as long as short
Aevo INTC-PERP	+0.0112%	1h	121.27	+0.001%	$49K	—	10x	as long as short
KuCoin INTCUSDTM	+0.0140%	8h	121.19	−0.066%	$1.1M	$107K	20x	as long as short
Lighter INTC	+0.0184%	1h	121.26	−0.005%	$1.4M	$2.0M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0184%	1h	120.38	−0.734%	$250K	$857K	10x	as long as short
RISEx INTC/USDC	+0.0215%	1h	121.30	+0.021%	$317K	$358K	10x	as long as short
BloFin INTC-USDT	+0.0231%	8h	121.27	0.000%	$905K	$307K	25x	as long as short
tradeXYZ xyz:INTC	+0.0231%	1h	121.23	−0.033%	$145.1M	$65.8M	10x	as long as short
SoDEX INTC-USD	+0.0264%	1h	121.24	−0.025%	$27K	$4K	10x	as long as short
Phoenix INTC	+0.0265%	1h	121.25	−0.016%	$47K	$240K	10x	as long as short