Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0306%/8h= +33.5% APRpaid last 24h +0.039%

Price spread now: edgeX against Lighter+0.182%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs+$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$6as in the Price arb table

costs, in and out, $10k−$260.261% of the position

Long on Lighter Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.607%+$61 on $10k

Price spread, last 3 days (all we have)−0.197%−$20 · spread now +0.182%, 7d avg −0.018%

Together, before fees+0.411%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$41 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and edgeX is 0.200% dearer against Lighter than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter INTC	123.65	0.0264	pay 0.0033% / 1h	33m 00s	$1.5M	$1.8M	10x
Short	edgeX INTCUSDC	123.88	0.0570	get 0.0285% / 4h	3h 33m	$88K	$290K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Lighter. 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 LighterbpFee edgeXbpOrdersPrice spread, now +0.182%Rate

Funding earned: $64.31
Price spread: +0.182% → −0.018%: $20.01
Slippage, 4 orders: −$17.08
Fee Lighter: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $58.24
Costs to cover: 0.261%
Break-even: 0.7 days

Slippage from Lighter: live order book, 4 min ago; edgeX: live order book, 40 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 Lighter live order book, 4 min ago	1.21 bp	2.0 bp −$2	7.3 bp −$73	33.6 bp −$3,356	doesn't fit
Sell edgeX live order book, 40 min ago	6.06 bp	11.3 bp −$11	20.4 bp −$204	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	123.67	+0.012%	$318K	$518K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.67	+0.013%	$13.3M	$28.4M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.60	−0.044%	$8.5M	$30.6M	75x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.60	−0.044%	$1.7M	$52K	10x	as long as short
Nado INTC-PERP	+0.0011%	1h	123.53	−0.104%	$170K	$244K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0016%	1h	123.60	−0.044%	$262K	$1.1M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0029%	8h	123.70	+0.037%	$18.6M	$68.0M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	123.61	−0.036%	$616K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.871%	$213	$22K	12x	as long as short
Aftermath Perps INTCUSD	+0.0039%	1h	123.82	+0.131%	$2K	$52K	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	123.68	+0.021%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.57	−0.071%	$28K	$4K	10x	as long as short
QFEX INTC-USD	+0.0050%	1h	123.61	−0.036%	$1.9M	$14.6M	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.42	−0.189%	$1.3M	$2.2M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0074%	1h	123.57	−0.068%	$21K	$107K	10x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.62	−0.027%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0103%	8h	123.56	−0.079%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0128%	1h	123.59	−0.051%	$50K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0130%	1h	124.00	+0.280%	$46K	$259K	50x	as long as short
Variational Omni INTC	+0.0139%	8h	124.09	+0.349%	$2.2M	$2.5M	—	as long as short
Polymarket Perps INTC-USD	+0.0175%	1h	123.59	−0.052%	$213K	$470K	10x	as long as short
Extended INTC_24_5-USD	+0.0176%	1h	123.57	−0.064%	$346K	$1.8M	10x	as long as short
Binance INTCUSDT	+0.0177%	8h	123.66	+0.001%	$72.3M	$403.2M	25x	as long as short
Phoenix INTC	+0.0258%	1h	123.60	−0.044%	$47K	$256K	10x	as long as short
Lighter INTClong	+0.0264%	1h	123.65	long leg	$1.5M	$1.8M	10x
KuCoin INTCUSDTM	+0.0272%	8h	123.67	+0.013%	$1.2M	$52K	20x	as long as short
Arcus INTC-USD	+0.0296%	1h	123.76	+0.086%	$95K	$306K	10x	as long as short
BloFin INTC-USDT	+0.0297%	8h	123.66	+0.005%	$919K	$316K	25x	as long as short
tradeXYZ xyz:INTC	+0.0306%	1h	123.64	−0.011%	$147.5M	$72.0M	10x	as long as short
Bitget INTCUSDT	+0.0313%	8h	123.75	+0.078%	$25.6M	$32.9M	50x	as long as short
GRVT INTC_USDT_Perp	+0.0375%	8h	123.85	+0.157%	$928K	$1.4M	10x	as long as short
RISEx INTC/USDC	+0.0427%	1h	123.67	+0.015%	$342K	$378K	10x	as long as short
edgeX INTCUSDCshort	+0.0570%	4h	123.88	+0.182%	$88K	$290K	10x