Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0149%/8h= −16.3% APRpaid last 24h −0.065%

Price spread now: GRVT against Lighter+0.018%7-day average +0.007% · 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−$26as in the Price arb table

costs, in and out, $10k−$270.273% of the position

Long on Lighter Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.437%−$44 on $10k

Price spread, last 7 days+0.016%+$2 · spread now +0.018%, 7d avg +0.007%

Together, before fees−0.421%+ Points / potential airdropLighter: Season 3 · GRVT: Active · farm board−$42 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter INTC	121.87	0.0184	pay 0.0023% / 1h	29m 11s	$1.4M	$2.1M	10x
Short	GRVT INTC_USDT_Perp	121.89	0.0035	get 0.0035% / 8h	3h 29m	$913K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.018%Rate

Funding earned: −$31.29
Price spread: +0.018% → +0.007%: $1.07
Slippage, 4 orders: −$18.34
Fee Lighter: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$57.56
Costs to cover: 0.273%
Break-even: never at this rate

Slippage from Lighter: live order book, 8 min ago; GRVT: live order book, 4 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, 8 min ago	1.19 bp	2.5 bp −$3	10.9 bp −$109	41.0 bp −$4,098	doesn't fit
Sell GRVT live order book, 4 min ago	2.06 bp	13.0 bp −$13	19.8 bp −$198	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	−0.0159%	8h	121.97	+0.082%	$25.2M	$31.8M	50x	as long as short
Nado INTC-PERP	−0.0063%	1h	121.74	−0.103%	$170K	$282K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	121.77	−0.081%	$305K	$522K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	121.85	−0.016%	$12.9M	$28.5M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	121.88	+0.008%	$8.5M	$30.1M	75x	as long as short
Phemex INTCUSDT	0.0000%	8h	121.89	+0.016%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	121.87	0.000%	$663K	$2.9M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−0.435%	$213	$22K	12x	as long as short
GRVT INTC_USDT_Perpshort	+0.0035%	8h	121.89	+0.018%	$913K	$1.4M	10x
Arcus INTC-USD	+0.0040%	1h	121.71	−0.131%	$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	+0.0044%	1h	121.77	−0.085%	$2K	$53K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	121.63	−0.197%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	121.87	0.000%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	121.79	−0.066%	$1.3M	$2.2M	10x	as long as short
QFEX INTC-USD	+0.0054%	1h	121.77	−0.082%	$1.5M	$11.8M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0066%	8h	121.89	+0.016%	$18.4M	$67.8M	25x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	121.74	−0.107%	$47K	$260K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	121.83	−0.033%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0108%	8h	121.60	−0.223%	—	—	5x	as long as short
Variational Omni INTC	+0.0109%	8h	121.87	+0.003%	$2.1M	$2.5M	—	as long as short
Aevo INTC-PERP	+0.0120%	1h	121.85	−0.016%	$49K	—	10x	as long as short
Extended INTC_24_5-USD	+0.0144%	1h	121.80	−0.054%	$338K	$1.9M	10x	as long as short
Binance INTCUSDT	+0.0144%	8h	121.86	−0.010%	$71.6M	$399.9M	25x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0161%	1h	121.77	−0.082%	$20K	$107K	10x	as long as short
Polymarket Perps INTC-USD	+0.0163%	1h	121.82	−0.041%	$210K	$483K	10x	as long as short
KuCoin INTCUSDTM	+0.0179%	8h	121.79	−0.066%	$1.1M	$105K	20x	as long as short
Lighter INTClong	+0.0184%	1h	121.87	long leg	$1.4M	$2.1M	10x
Coinbase International INTC-PERP-INTX	+0.0192%	1h	121.24	−0.517%	$256K	$824K	10x	as long as short
BloFin INTC-USDT	+0.0264%	8h	121.87	0.000%	$919K	$306K	25x	as long as short
tradeXYZ xyz:INTC	+0.0306%	1h	121.79	−0.066%	$145.8M	$67.7M	10x	as long as short
Phoenix INTC	+0.0326%	1h	121.48	−0.320%	$47K	$265K	10x	as long as short
RISEx INTC/USDC	+0.0459%	1h	121.83	−0.029%	$344K	$362K	10x	as long as short
edgeX INTCUSDC	+0.0481%	4h	121.76	−0.090%	$86K	$295K	10x	as long as short