Funding you earn now, next payment 02:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: Phemex against Injective+1.146%65s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Phemex is 1.146% dearer against Injective than usual: you sell high and buy low (spread +1.146% now, against zero (this spread has no 7-day history yet)): +$115 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months. Mind the row above: over the last 7 days funding on this pair paid +0.067%, so the current rate has only just turned against you. The two prices were read 65 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 | Injective INTC/USDC PERP | 121.34 | 0.0033 | pay 0.0004% / 1h | 3m 36s | $213 | $22K | 12x |
| Short | Phemex INTCUSDT | 122.73 | 0 | get 0.0000% / 8h | 6h 03m | $1.7M | $50K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7
- Price spread: +1.146% → 0.000%
- $114.55
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $95.53
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Phemex: live order book, 5 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 5 min ago | 2.44 bp | 44.0 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
INTC on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado INTC-PERP | −0.0029% | 1h | 122.62 | +1.054% | $172K | $282K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 122.75 | +1.166% | $306K | $524K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 122.68 | +1.104% | $13.3M | $28.3M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 122.67 | +1.096% | $8.4M | $30.4M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 122.76 | +1.170% | $25.4M | $32.2M | 50x | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 122.72 | +1.137% | $920K | $1.4M | 10x | as long as short |
| Phemex INTCUSDTshort | 0.0000% | 8h | 122.73 | +1.146% | $1.7M | $50K | 10x | |
| OKX INTC-USDT-SWAP | +0.0022% | 8h | 122.67 | +1.096% | $18.5M | $67.0M | 25x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 122.71 | +1.129% | $628K | $2.8M | 10x | as long as short |
| Injective INTC/USDC PERPlong | +0.0033% | 1h | 121.34 | long leg | $213 | $22K | 12x |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps INTCUSD | +0.0040% | 1h | 122.68 | +1.108% | $2K | $52K | 10x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 122.65 | +1.080% | $93K | $308K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 122.60 | +1.038% | — | $1.5M | 25x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 122.70 | +1.125% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 122.68 | +1.104% | $1.3M | $2.2M | 10x | as long as short |
| QFEX INTC-USD | +0.0055% | 1h | 122.66 | +1.088% | $1.6M | $12.9M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0064% | 1h | 122.71 | +1.129% | $259K | $1.0M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | +0.0076% | 1h | 122.63 | +1.063% | $21K | $107K | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 122.71 | +1.129% | $45K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 122.69 | +1.113% | $4K | $3K | 10x | as long as short |
| Variational Omni INTC | +0.0102% | 8h | 122.80 | +1.206% | $2.1M | $2.5M | — | as long as short |
| Paradex INTC-USD-PERP | +0.0106% | 8h | 122.67 | +1.097% | — | — | 5x | as long as short |
| Polymarket Perps INTC-USD | +0.0113% | 1h | 122.72 | +1.137% | $211K | $479K | 10x | as long as short |
| Aevo INTC-PERP | +0.0120% | 1h | 122.70 | +1.119% | $49K | — | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0144% | 1h | 122.67 | +1.097% | $338K | $1.8M | 10x | as long as short |
| Binance INTCUSDT | +0.0145% | 8h | 122.67 | +1.098% | $72.3M | $401.0M | 25x | as long as short |
| Phoenix INTC | +0.0194% | 1h | 122.71 | +1.129% | $47K | $245K | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0220% | 8h | 122.64 | +1.071% | $1.2M | $89K | 20x | as long as short |
| edgeX INTCUSDC | +0.0245% | 4h | 122.71 | +1.128% | $87K | $291K | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0252% | 1h | 122.67 | +1.096% | $146.3M | $69.1M | 10x | as long as short |
| Lighter INTC | +0.0352% | 1h | 122.73 | +1.145% | $1.5M | $2.0M | 10x | as long as short |
| RISEx INTC/USDC | +0.0423% | 1h | 122.70 | +1.122% | $346K | $383K | 10x | as long as short |
Injective INTC/USDC PERP
Phemex INTCUSDT
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
GRVT INTC_USDT_Perp
OKX INTC-USDT-SWAP
Lighter RH INTC
Aftermath Perps INTCUSD
SoDEX INTC-USD
Coinbase International INTC-PERP-INTX
Deribit INTC_USDC-PERPETUAL
ApeX Omni INTCUSDT
Variational Omni INTC
Paradex INTC-USD-PERP
Polymarket Perps INTC-USD
Extended INTC_24_5-USD
Binance INTCUSDT
Phoenix INTC
KuCoin INTCUSDTM
edgeX INTCUSDC
tradeXYZ xyz:INTC
Lighter INTC
RISEx INTC/USDC