Funding you earn now, next payment 01:00 UTC+0.0268%/8h= +29.3% APRnext payment +$0.33 per $10,000 · paid last 24h +0.012%
Price spread now: Lighter against Nado+0.126%7-day average +0.023% · 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−$13as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Funding, last 3 days (all we have)+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)−0.276%−$28 · spread now +0.126%, 7d avg +0.023%
=Together, before fees−0.269%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Lighter is 0.103% dearer against Nado than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.023%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.007% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado INTC-PERP | 123.83 | 0.0012 | pay 0.0002% / 1h | 29m 45s | $170K | $244K | 10x |
| Short | Lighter INTC | 123.98 | 0.0280 | get 0.0035% / 1h | 29m 45s | $1.5M | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Nado. 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
- $56.2
- Price spread: +0.126% → +0.023%
- $10.33
- Slippage, 4 orders
- −$16.42
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $43.12
- Costs to cover
- 0.234%
- Break-even
- 1.6 days
Slippage from Nado: live order book, 43 min ago; Lighter: live order book, 2 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 Nado live order book, 43 min ago | 1.21 bp | 11.6 bp −$12 | 31.3 bp −$313 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 1.09 bp | 1.8 bp −$2 | 4.2 bp −$42 | 26.8 bp −$2,677 | 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 | 123.96 | +0.107% | $319K | $518K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 123.97 | +0.116% | $13.4M | $28.4M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 123.94 | +0.092% | $8.5M | $30.7M | 75x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 123.95 | +0.100% | $1.7M | $52K | 10x | as long as short |
| Nado INTC-PERPlong | +0.0012% | 1h | 123.83 | long leg | $170K | $244K | 10x | |
| Coinbase International INTC-PERP-INTX | +0.0016% | 1h | 123.86 | +0.027% | $264K | $1.1M | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0030% | 8h | 123.98 | +0.124% | $18.7M | $68.1M | 25x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 123.93 | +0.084% | $618K | $2.8M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −2.008% | $213 | $22K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0039% | 1h | 123.88 | +0.046% | $2K | $53K | 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 | 123.99 | +0.132% | — | $1.5M | 25x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 123.91 | +0.069% | $28K | $4K | 10x | as long as short |
| QFEX INTC-USD | +0.0050% | 1h | 123.91 | +0.068% | $1.8M | $14.5M | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 123.77 | −0.045% | $1.3M | $2.2M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | +0.0073% | 1h | 123.81 | −0.013% | $21K | $107K | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 123.60 | −0.183% | $46K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 123.81 | −0.013% | $5K | $3K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0103% | 8h | 123.91 | +0.065% | — | — | 5x | as long as short |
| Aevo INTC-PERP | +0.0128% | 1h | 123.89 | +0.051% | $50K | — | 10x | as long as short |
| Variational Omni INTC | +0.0131% | 8h | 123.87 | +0.032% | $2.2M | $2.5M | — | as long as short |
| Polymarket Perps INTC-USD | +0.0159% | 1h | 123.91 | +0.068% | $213K | $470K | 10x | as long as short |
| Binance INTCUSDT | +0.0176% | 8h | 123.98 | +0.124% | $72.5M | $402.8M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0176% | 1h | 123.95 | +0.104% | $348K | $1.8M | 10x | as long as short |
| Phoenix INTC | +0.0258% | 1h | 123.60 | −0.183% | $47K | $256K | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0272% | 8h | 123.94 | +0.092% | $1.2M | $53K | 20x | as long as short |
| Lighter INTCshort | +0.0280% | 1h | 123.98 | +0.126% | $1.5M | $1.8M | 10x | |
| Bitget INTCUSDT | +0.0285% | 8h | 124.02 | +0.157% | $25.6M | $32.8M | 50x | as long as short |
| Arcus INTC-USD | +0.0296% | 1h | 123.79 | −0.029% | $95K | $306K | 10x | as long as short |
| BloFin INTC-USDT | +0.0296% | 8h | 123.87 | +0.036% | $923K | $309K | 25x | as long as short |
| tradeXYZ xyz:INTC | +0.0306% | 1h | 123.98 | +0.124% | $147.9M | $72.1M | 10x | as long as short |
| GRVT INTC_USDT_Perp | +0.0375% | 8h | 123.85 | +0.018% | $928K | $1.4M | 10x | as long as short |
| RISEx INTC/USDC | +0.0427% | 1h | 123.94 | +0.092% | $343K | $379K | 10x | as long as short |
| edgeX INTCUSDC | +0.0570% | 4h | 123.88 | +0.043% | $88K | $290K | 10x | as long as short |
Lighter INTC
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Phemex INTCUSDT
Coinbase International INTC-PERP-INTX
OKX INTC-USDT-SWAP
Lighter RH INTC
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
SoDEX INTC-USD
Deribit INTC_USDC-PERPETUAL
ApeX Omni INTCUSDT
Paradex INTC-USD-PERP
Variational Omni INTC
Polymarket Perps INTC-USD
Binance INTCUSDT
Extended INTC_24_5-USD
Phoenix INTC
KuCoin INTCUSDTM
Bitget INTCUSDT
BloFin INTC-USDT
tradeXYZ xyz:INTC
GRVT INTC_USDT_Perp
RISEx INTC/USDC
edgeX INTCUSDC