Funding arb · Price arb /

INTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.004%

Price spread now: Aster against Ondo Perps+0.156%47s7-day average +0.122% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.151%−$15 on $10k

Price spread, last 4 days (all we have)+0.109%+$11 · spread now +0.156%, 7d avg +0.122%

Together, before fees−0.041%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.034% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.156% now, against its 7-day average of +0.122%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps INTC-USD.P	120.67	0.0050	pay 0.0006% / 1h	10m 55s	$1.2M	$2.6M	10x
Short	Aster INTCUSDT	120.86	0	get 0.0000% / 8h	7h 10m	$430K	$676K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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 Ondo PerpsbpFee AsterbpOrdersPrice spread, now +0.156%Rate

Funding earned: −$10.58
Price spread: +0.156% → +0.122%: $3.42
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$20.17
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 22 min ago. Net counts fees only.

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Aster live order book, 22 min ago	2.50 bp	17.9 bp −$18	49.7 bp −$497	doesn't fit	doesn't fit

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	120.86	+0.156%	$430K	$676K	20x
Bybit INTCUSDT	0.0000%	8h	120.95	+0.232%	$13.0M	$28.4M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	120.96	+0.240%	$8.0M	$31.3M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	121.06	+0.323%	$25.3M	$30.8M	50x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.85	+0.149%	$1.7M	$49K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0003%	8h	120.97	+0.249%	$18.1M	$68.2M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	120.92	+0.207%	$666K	$2.8M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0032%	1h	120.41	−0.215%	$254K	$889K	10x	as long as short
Variational Omni INTC	+0.0033%	8h	120.67	−0.002%	$1.8M	$2.7M	—	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.555%	$213	$16K	12x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX INTCUSDC	+0.0037%	4h	120.59	−0.064%	$86K	$298K	10x	as long as short
Aftermath Perps INTCUSD	+0.0039%	1h	120.51	−0.136%	$2K	$55K	10x	as long as short
Arcus INTC-USD	+0.0040%	1h	120.80	+0.108%	$88K	$289K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.91	+0.199%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	120.86	+0.157%	$216K	$512K	10x	as long as short
Ondo Perps INTC-USD.Plong	+0.0050%	1h	120.67	long leg	$1.2M	$2.6M	10x
QFEX INTC-USD	+0.0056%	1h	120.79	+0.099%	$1.2M	$9.8M	10x	as long as short
Binance INTCUSDT	+0.0079%	8h	120.97	+0.249%	$69.4M	$399.0M	25x	as long as short
Nado INTC-PERP	+0.0080%	1h	120.78	+0.091%	$155K	$297K	10x	as long as short
Extended INTC_24_5-USD	+0.0080%	1h	120.93	+0.216%	$336K	$1.9M	10x	as long as short
Aevo INTC-PERP	+0.0096%	1h	120.91	+0.196%	$49K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.41	−0.215%	$47K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.81	+0.116%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0119%	8h	120.85	+0.153%	—	—	5x	as long as short
Lighter INTC	+0.0144%	1h	120.93	+0.216%	$1.4M	$1.8M	10x	as long as short
KuCoin INTCUSDTM	+0.0157%	8h	120.88	+0.174%	$1.1M	$179K	20x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0164%	1h	120.84	+0.141%	$20K	$105K	10x	as long as short
BloFin INTC-USDT	+0.0199%	8h	120.88	+0.174%	$893K	$334K	25x	as long as short
SoDEX INTC-USD	+0.0254%	1h	120.83	+0.135%	$27K	$4K	10x	as long as short
Phoenix INTC	+0.0264%	1h	120.59	−0.066%	$47K	$236K	10x	as long as short
tradeXYZ xyz:INTC	+0.0266%	1h	120.92	+0.207%	$145.8M	$57.6M	10x	as long as short
GRVT INTC_USDT_Perp	+0.0288%	8h	120.63	−0.033%	$904K	$1.4M	10x	as long as short
RISEx INTC/USDC	+0.0362%	1h	120.87	+0.166%	$317K	$312K	10x	as long as short