Funding you earn now, next payment 07:00 UTC−0.0057%/8h= −6.3% APRnext payment −$0.07 per $10,000 · paid last 24h −0.076%
Price spread now: QFEX against Lighter+0.015%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$150.152% of the position
Funding, last 4 days (all we have)−0.169%−$17 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now +0.015%, 7d avg −0.042%
=Together, before fees−0.233%+ Points / potential airdropLighter: Season 3 · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.056% dearer against Lighter than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.042%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 4 days (−0.169% in total) that is about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter INTC | 121.05 | 0.0104 | pay 0.0013% / 1h | 2m 38s | $1.4M | $1.9M | 10x |
| Short | QFEX INTC-USD | 121.07 | 0.0047 | get 0.0006% / 1h | 2m 38s | $1.3M | $10.1M | 10x |
Lighter INTC
QFEX INTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Lighter. 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
- −$12.01
- Price spread: +0.015% → −0.042%
- $5.64
- Slippage, 4 orders
- −$5.19
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$21.56
- Costs to cover
- 0.152%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; QFEX: live order book, 6 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 | 0.79 bp | 0.8 bp −$1 | 2.5 bp −$25 | 24.6 bp −$2,457 | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.65 bp | 6.7 bp −$7 | 6.7 bp −$67 | 12.1 bp −$1,211 | 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 | −0.0700% | 8h | 121.16 | +0.089% | $25.3M | $32.4M | 50x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 121.03 | −0.014% | $426K | $669K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 121.08 | +0.023% | $12.9M | $28.7M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 121.08 | +0.023% | $8.2M | $31.1M | 75x | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 120.94 | −0.094% | $906K | $1.5M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 120.87 | −0.150% | $20K | $109K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 120.96 | −0.076% | $1.7M | $49K | 10x | as long as short |
| Variational Omni INTC | +0.0017% | 8h | 120.99 | −0.048% | $2.0M | $2.5M | — | as long as short |
| OKX INTC-USDT-SWAP | +0.0020% | 8h | 121.10 | +0.040% | $18.0M | $68.0M | 25x | as long as short |
| Aftermath Perps INTCUSD | +0.0030% | 1h | 120.91 | −0.121% | $2K | $55K | 10x | as long as short |
Bitget INTCUSDT
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
GRVT INTC_USDT_Perp
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
Variational Omni INTC
OKX INTC-USDT-SWAP
Aftermath Perps INTCUSDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH INTC | +0.0032% | 1h | 121.06 | +0.007% | $673K | $2.9M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +0.238% | $213 | $22K | 12x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 120.89 | −0.134% | $91K | $307K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 120.91 | −0.117% | — | $1.5M | 25x | as long as short |
| QFEX INTC-USDshort | +0.0047% | 1h | 121.07 | +0.015% | $1.3M | $10.1M | 10x | |
| SoDEX INTC-USD | +0.0050% | 1h | 120.92 | −0.106% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 120.86 | −0.159% | $1.2M | $2.5M | 10x | as long as short |
| Binance INTCUSDT | +0.0053% | 8h | 121.07 | +0.014% | $69.4M | $398.8M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0056% | 1h | 121.04 | −0.007% | $334K | $965K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0075% | 8h | 121.04 | −0.007% | — | — | 5x | as long as short |
| Polymarket Perps INTC-USD | +0.0079% | 1h | 120.94 | −0.093% | $216K | $536K | 10x | as long as short |
| Aevo INTC-PERP | +0.0096% | 1h | 120.93 | −0.103% | $49K | — | 10x | as long as short |
| Nado INTC-PERP | +0.0097% | 1h | 120.84 | −0.171% | $157K | $294K | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 120.98 | −0.059% | $47K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 120.93 | −0.101% | $4K | $3K | 10x | as long as short |
| Lighter INTClong | +0.0104% | 1h | 121.05 | long leg | $1.4M | $1.9M | 10x | |
| KuCoin INTCUSDTM | +0.0104% | 8h | 120.98 | −0.059% | $1.1M | $106K | 20x | as long as short |
| edgeX INTCUSDC | +0.0120% | 4h | 120.96 | −0.080% | $86K | $295K | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0128% | 1h | 120.15 | −0.745% | $240K | $834K | 10x | as long as short |
| BloFin INTC-USDT | +0.0176% | 8h | 120.97 | −0.068% | $895K | $312K | 25x | as long as short |
| tradeXYZ xyz:INTC | +0.0179% | 1h | 121.01 | −0.035% | $144.1M | $62.0M | 10x | as long as short |
| Phoenix INTC | +0.0199% | 1h | 121.03 | −0.018% | $47K | $239K | 10x | as long as short |
| RISEx INTC/USDC | +0.0239% | 1h | 121.13 | +0.066% | $317K | $319K | 10x | as long as short |
Lighter RH INTC
Injective INTC/USDC PERP
Arcus INTC-USD
Vest INTC-USD-PERP
SoDEX INTC-USD
Ondo Perps INTC-USD.P
Binance INTCUSDT
Extended INTC_24_5-USD
Paradex INTC-USD-PERP
Polymarket Perps INTC-USD
Aevo INTC-PERP
Nado INTC-PERP
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
KuCoin INTCUSDTM
edgeX INTCUSDC
Coinbase International INTC-PERP-INTX
BloFin INTC-USDT
tradeXYZ xyz:INTC
Phoenix INTC
RISEx INTC/USDC