Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0123%/8h= −13.4% APRpaid last 24h −0.059%

Price spread now: OKX against Lighter−0.073%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$160.161% of the position

Long on Lighter Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.427%−$43 on $10k

Price spread, last 7 days+0.036%+$4 · spread now −0.073%, 7d avg −0.009%

Together, before fees−0.391%+ Points / potential airdropLighter: Season 3 · farm board−$39 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.064% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.009%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter INTC	120.45	0.0160	pay 0.0020% / 1h	30m 05s	$1.4M	$2.0M	10x
Short	OKX INTC-USDT-SWAP	120.36	0.0037	get 0.0037% / 8h	2h 30m	$18.0M	$67.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.073%Rate

Funding earned: −$25.79
Price spread: −0.073% → −0.009%: −$6.36
Slippage, 4 orders: −$6.11
Fee Lighter: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$48.26
Costs to cover: 0.161%
Break-even: never at this rate

Slippage from Lighter: live order book, 7 min ago; OKX: 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, 7 min ago	1.24 bp	2.4 bp −$2	8.4 bp −$84	31.4 bp −$3,141	doesn't fit
Sell OKX live order book, 4 min ago	0.83 bp	6.2 bp −$6	11.6 bp −$116	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	−0.0946%	8h	120.54	+0.076%	$25.0M	$32.1M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	120.42	−0.021%	$299K	$543K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	120.35	−0.081%	$12.8M	$28.8M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	120.39	−0.048%	$8.1M	$30.5M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	120.25	−0.164%	$901K	$1.4M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	120.30	−0.123%	$20K	$107K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.47	+0.018%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	120.39	−0.048%	$657K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.741%	$213	$22K	12x	as long as short
Aftermath Perps INTCUSD	+0.0036%	1h	120.39	−0.052%	$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
OKX INTC-USDT-SWAPshort	+0.0037%	8h	120.36	−0.073%	$18.0M	$67.0M	25x
Arcus INTC-USD	+0.0040%	1h	120.28	−0.139%	$91K	$307K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.25	−0.164%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	120.42	−0.023%	$207K	$497K	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	120.33	−0.101%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.27	−0.148%	$1.2M	$2.3M	10x	as long as short
QFEX INTC-USD	+0.0052%	1h	120.42	−0.023%	$1.4M	$10.8M	10x	as long as short
Variational Omni INTC	+0.0055%	8h	120.21	−0.201%	$2.1M	$2.5M	—	as long as short
Nado INTC-PERP	+0.0078%	1h	120.39	−0.046%	$156K	$289K	10x	as long as short
Paradex INTC-USD-PERP	+0.0087%	8h	120.35	−0.080%	—	—	5x	as long as short
Extended INTC_24_5-USD	+0.0088%	1h	120.37	−0.067%	$334K	$1.9M	10x	as long as short
Binance INTCUSDT	+0.0090%	8h	120.35	−0.078%	$70.2M	$399.0M	25x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.19	−0.214%	$46K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.34	−0.090%	$4K	$3K	10x	as long as short
Aevo INTC-PERP	+0.0104%	1h	120.38	−0.060%	$49K	—	10x	as long as short
KuCoin INTCUSDTM	+0.0123%	8h	120.43	−0.015%	$1.1M	$107K	20x	as long as short
Lighter INTClong	+0.0160%	1h	120.45	long leg	$1.4M	$2.0M	10x
Coinbase International INTC-PERP-INTX	+0.0184%	1h	120.21	−0.198%	$245K	$830K	10x	as long as short
edgeX INTCUSDC	+0.0190%	4h	120.21	−0.194%	$85K	$295K	10x	as long as short
tradeXYZ xyz:INTC	+0.0207%	1h	120.37	−0.065%	$144.0M	$65.3M	10x	as long as short
BloFin INTC-USDT	+0.0212%	8h	120.22	−0.189%	$905K	$306K	25x	as long as short
RISEx INTC/USDC	+0.0215%	1h	120.47	+0.020%	$315K	$338K	10x	as long as short
Phoenix INTC	+0.0265%	1h	120.24	−0.173%	$46K	$240K	10x	as long as short