Funding arb · Price arb /

INTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.036%

Price spread now: Aster against Lighter RH−0.006%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$154as in the Price arb table

costs, in and out, $10k−$1511.506% of the position

Long on Lighter RH Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.006%, 7d avg +0.024%

Together, before fees−0.040%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.030% cheaper against Lighter RH than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.024%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH INTC	123.34	0.0032	pay 0.0004% / 1h	27m 04s	$600K	$3.0M	10x
Short	Aster INTCUSDT	123.33	0	get 0.0000% / 8h	1h 27m	$307K	$505K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Lighter RH. 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 Lighter RHbpFee AsterbpOrdersPrice spread, now −0.006%Rate

Funding earned: −$6.72
Price spread: −0.006% → +0.024%: −$3.01
Slippage, 4 orders: −$142.59
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$160.31
Costs to cover: 1.506%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 1 min ago; Aster: live order book, 55 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 RH live order book, 1 min ago	0.41 bp	4.8 bp −$5	9.4 bp −$94	doesn't fit	doesn't fit
Sell Aster live order book, 55 min ago	3.68 bp	21.5 bp −$22	802.2 bp −$8,022	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 INTCUSDTshort	0.0000%	8h	123.33	−0.006%	$307K	$505K	20x
OKX INTC-USDT-SWAP	0.0000%	8h	123.33	−0.008%	$18.6M	$69.4M	25x	as long as short
Gate INTC_USDT	0.0000%	8h	123.35	+0.008%	$9.1M	$32.1M	75x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.30	−0.032%	$1.7M	$51K	10x	as long as short
GRVT INTC_USDT_Perp	+0.0013%	8h	123.21	−0.105%	$923K	$1.5M	10x	as long as short
Bybit INTCUSDT	+0.0027%	8h	123.36	+0.016%	$13.5M	$29.2M	50x	as long as short
Lighter RH INTClong	+0.0032%	1h	123.34	long leg	$600K	$3.0M	10x
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.622%	$213	$23K	12x	as long as short
Aftermath Perps INTCUSD	+0.0041%	1h	123.05	−0.232%	$2K	$53K	10x	as long as short
Variational Omni INTC	+0.0042%	8h	122.98	−0.292%	$2.1M	$2.4M	—	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	123.40	+0.049%	—	$1.5M	25x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.07	−0.219%	$1.3M	$2.2M	10x	as long as short
QFEX INTC-USD	+0.0060%	1h	123.37	+0.024%	$1.9M	$15.1M	10x	as long as short
Nado INTC-PERP	+0.0062%	1h	123.26	−0.063%	$169K	$237K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0064%	1h	123.22	−0.097%	$265K	$1.2M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0075%	1h	123.30	−0.032%	$21K	$180K	10x	as long as short
Extended INTC_24_5-USD	+0.0088%	1h	123.35	+0.008%	$343K	$1.1M	10x	as long as short
Binance INTCUSDT	+0.0089%	8h	123.36	+0.016%	$72.2M	$411.1M	25x	as long as short
SoDEX INTC-USD	+0.0092%	1h	123.33	−0.005%	$28K	$4K	10x	as long as short
Paradex INTC-USD-PERP	+0.0095%	8h	123.35	+0.008%	—	—	5x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.10	−0.195%	$45K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.27	−0.057%	$4K	$3K	10x	as long as short
Polymarket Perps INTC-USD	+0.0101%	1h	123.36	+0.016%	$206K	$432K	10x	as long as short
Aevo INTC-PERP	+0.0104%	1h	123.37	+0.026%	$50K	—	10x	as long as short
KuCoin INTCUSDTM	+0.0170%	8h	123.23	−0.089%	$1.2M	$59K	20x	as long as short
BloFin INTC-USDT	+0.0209%	8h	123.30	−0.032%	$904K	$323K	25x	as long as short
tradeXYZ xyz:INTC	+0.0229%	1h	123.32	−0.016%	$145.8M	$80.3M	10x	as long as short
Bitget INTCUSDT	+0.0229%	8h	123.37	+0.024%	$25.5M	$34.3M	50x	as long as short
RISEx INTC/USDC	+0.0257%	1h	123.35	+0.008%	$331K	$366K	10x	as long as short
Phoenix INTC	+0.0262%	1h	123.05	−0.235%	$47K	$256K	10x	as long as short
edgeX INTCUSDC	+0.0321%	4h	123.14	−0.163%	$87K	$286K	10x	as long as short
Lighter INTC	+0.0352%	1h	123.40	+0.046%	$1.5M	$1.9M	10x	as long as short
Arcus INTC-USD	+0.0693%	1h	123.36	+0.016%	$108K	$298K	10x	as long as short