INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0204%/8h= +22.4% APRnext payment +$0.26 per $10,000 · paid last 24h −0.012%

Price spread now: Phoenix against Nado+0.161%57s7-day average −0.003% · 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—prices read too far apart to compare

costs, in and out, $10k−$560.558% of the position

Long on Nado Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.022%+$2 on $10k

Price spread, last 3 days (all we have)−0.122%−$12 · spread now +0.161%, 7d avg −0.003%

Together, before fees−0.099%+ Points / potential airdropNado: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.165% dearer against Nado than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.003%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.022% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.26 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	123.17	0.0058	pay 0.0007% / 1h	20m 14s	$169K	$237K	10x
Short	Phoenix INTC	123.37	0.0262	get 0.0033% / 1h	20m 14s	$47K	$256K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Nado. 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 NadobpFee PhoenixbpOrdersPrice spread, now +0.161%Rate

Funding earned: $42.89
Price spread: +0.161% → −0.003%: $16.48
Slippage, 4 orders: −$41.8
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $3.57
Costs to cover: 0.558%
Break-even: 6.4 days

Slippage from Nado: live order book, 62 min ago; Phoenix: live order book, 60 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, 62 min ago	4.92 bp	13.3 bp −$13	33.3 bp −$333	doesn't fit	doesn't fit
Sell Phoenix live order book, 60 min ago	2.46 bp	10.9 bp −$11	22.9 bp −$229	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 INTCUSDT	0.0000%	8h	123.23	+0.049%	$307K	$505K	20x	as long as short
OKX INTC-USDT-SWAP	0.0000%	8h	123.18	+0.007%	$18.6M	$69.3M	25x	as long as short
Gate INTC_USDT	0.0000%	8h	123.19	+0.015%	$9.1M	$32.2M	75x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.20	+0.023%	$1.7M	$51K	10x	as long as short
Bybit INTCUSDT	+0.0022%	8h	123.18	+0.007%	$13.4M	$29.2M	50x	as long as short
GRVT INTC_USDT_Perp	+0.0029%	8h	123.38	+0.172%	$925K	$1.5M	10x	as long as short
Lighter RH INTC	+0.0032%	1h	123.17	−0.001%	$599K	$3.0M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.487%	$213	$23K	12x	as long as short
Aftermath Perps INTCUSD	+0.0041%	1h	123.25	+0.061%	$2K	$53K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	123.21	+0.031%	—	$1.5M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX INTC-USD	+0.0050%	1h	123.19	+0.011%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.00	−0.139%	$1.3M	$2.2M	10x	as long as short
Variational Omni INTC	+0.0057%	8h	123.25	+0.068%	$2.1M	$2.4M	—	as long as short
Nado INTC-PERPlong	+0.0058%	1h	123.17	long leg	$169K	$237K	10x
QFEX INTC-USD	+0.0060%	1h	123.19	+0.015%	$1.9M	$15.1M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0064%	1h	123.07	−0.082%	$264K	$1.2M	10x	as long as short
Polymarket Perps INTC-USD	+0.0082%	1h	123.17	−0.001%	$206K	$432K	10x	as long as short
Paradex INTC-USD-PERP	+0.0091%	8h	123.16	−0.013%	—	—	5x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.40	+0.186%	$46K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.16	−0.009%	$4K	$3K	10x	as long as short
Binance INTCUSDT	+0.0101%	8h	123.20	+0.021%	$72.1M	$411.3M	25x	as long as short
Extended INTC_24_5-USD	+0.0104%	1h	123.18	+0.004%	$343K	$1.1M	10x	as long as short
Aevo INTC-PERP	+0.0104%	1h	123.19	+0.012%	$50K	—	10x	as long as short
edgeX INTCUSDC	+0.0153%	4h	123.39	+0.177%	$87K	$287K	10x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0156%	1h	123.12	−0.042%	$21K	$180K	10x	as long as short
KuCoin INTCUSDTM	+0.0177%	8h	123.24	+0.056%	$1.2M	$60K	20x	as long as short
BloFin INTC-USDT	+0.0222%	8h	123.31	+0.113%	$908K	$323K	25x	as long as short
tradeXYZ xyz:INTC	+0.0229%	1h	123.17	−0.001%	$145.7M	$79.6M	10x	as long as short
Bitget INTCUSDT	+0.0230%	8h	123.19	+0.015%	$25.5M	$34.3M	50x	as long as short
RISEx INTC/USDC	+0.0257%	1h	123.25	+0.060%	$336K	$369K	10x	as long as short
Phoenix INTCshort	+0.0262%	1h	123.37	+0.161%	$47K	$256K	10x
Lighter INTC	+0.0344%	1h	123.22	+0.044%	$1.5M	$1.9M	10x	as long as short
Arcus INTC-USD	+0.0693%	1h	123.17	−0.001%	$108K	$298K	10x	as long as short