Funding you earn now, next payment 08:00 UTC+0.0104%/8h= +11.4% APRnext payment +$1.04 per $10,000 · paid last 24h +0.064%
Price spread now: KuCoin against Phemex−0.066%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2232.234% of the position
Funding, last 7 days+0.312%+$31 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.066%, 7d avg −0.023%
=Funding pays, the price is against you. KuCoin is 0.043% cheaper against Phemex than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.023%). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex INTCUSDT | 120.58 | 0 | get 0.0000% / 8h | 1h 24m | $1.7M | $50K | 10x |
| Short | KuCoin INTCUSDTM | 120.50 | 0.0104 | get 0.0104% / 8h | 1h 24m | $1.1M | $105K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Phemex. 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
- $21.84
- Price spread: −0.066% → −0.023%
- −$4.32
- Slippage, 4 orders
- −$199.44
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$205.92
- Costs to cover
- 2.234%
- Break-even
- 73.0 days
Slippage from Phemex: live order book, 3 min ago; KuCoin: live order book, 10 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 Phemex live order book, 3 min ago | 2.90 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 7.07 bp | 81.1 bp −$81 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget INTCUSDT | −0.0982% | 8h | 120.68 | +0.083% | $25.2M | $32.2M | 50x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 120.50 | −0.066% | $424K | $668K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 120.56 | −0.017% | $12.9M | $28.5M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 120.57 | −0.008% | $8.2M | $30.9M | 75x | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 120.55 | −0.024% | $903K | $1.4M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 120.51 | −0.058% | $20K | $109K | 10x | as long as short |
| Phemex INTCUSDTlong | 0.0000% | 8h | 120.58 | long leg | $1.7M | $50K | 10x | |
| Variational Omni INTC | +0.0018% | 8h | 120.65 | +0.061% | $2.1M | $2.5M | — | as long as short |
| OKX INTC-USDT-SWAP | +0.0019% | 8h | 120.56 | −0.017% | $18.0M | $67.4M | 25x | as long as short |
| Aftermath Perps INTCUSD | +0.0030% | 1h | 120.37 | −0.175% | $2K | $55K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH INTC | +0.0032% | 1h | 120.57 | −0.008% | $670K | $2.9M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +0.630% | $213 | $22K | 12x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 120.45 | −0.108% | $91K | $307K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 120.51 | −0.058% | — | $1.5M | 25x | as long as short |
| QFEX INTC-USD | +0.0047% | 1h | 120.61 | +0.025% | $1.3M | $10.1M | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 120.58 | 0.000% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 120.62 | +0.033% | $1.2M | $2.5M | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0056% | 1h | 120.54 | −0.032% | $333K | $965K | 10x | as long as short |
| Binance INTCUSDT | +0.0058% | 8h | 120.58 | 0.000% | $69.2M | $397.9M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0062% | 1h | 120.62 | +0.033% | $216K | $521K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0080% | 8h | 120.60 | +0.015% | — | — | 5x | as long as short |
| Lighter INTC | +0.0096% | 1h | 120.59 | +0.007% | $1.4M | $1.9M | 10x | as long as short |
| Aevo INTC-PERP | +0.0096% | 1h | 120.58 | +0.001% | $49K | — | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 120.59 | +0.008% | $47K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 120.54 | −0.033% | $4K | $3K | 10x | as long as short |
| KuCoin INTCUSDTMshort | +0.0104% | 8h | 120.50 | −0.066% | $1.1M | $105K | 20x | |
| Coinbase International INTC-PERP-INTX | +0.0128% | 1h | 120.15 | −0.357% | $240K | $837K | 10x | as long as short |
| Nado INTC-PERP | +0.0131% | 1h | 120.56 | −0.017% | $157K | $287K | 10x | as long as short |
| BloFin INTC-USDT | +0.0178% | 8h | 120.57 | −0.008% | $894K | $310K | 25x | as long as short |
| tradeXYZ xyz:INTC | +0.0192% | 1h | 120.55 | −0.025% | $144.0M | $63.3M | 10x | as long as short |
| Phoenix INTC | +0.0199% | 1h | 120.47 | −0.091% | $46K | $239K | 10x | as long as short |
| RISEx INTC/USDC | +0.0239% | 1h | 120.65 | +0.057% | $316K | $321K | 10x | as long as short |
| edgeX INTCUSDC | +0.0984% | 4h | 120.50 | −0.067% | $86K | $294K | 10x | as long as short |
Phemex INTCUSDT
KuCoin INTCUSDTM
Bitget INTCUSDT
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
GRVT INTC_USDT_Perp
Deribit INTC_USDC-PERPETUAL
Variational Omni INTC
OKX INTC-USDT-SWAP
Aftermath Perps INTCUSD
Lighter RH INTC
Injective INTC/USDC PERP
SoDEX INTC-USD
Extended INTC_24_5-USD
Binance INTCUSDT
Polymarket Perps INTC-USD
Paradex INTC-USD-PERP
Lighter INTC
ApeX Omni INTCUSDT
Coinbase International INTC-PERP-INTX
BloFin INTC-USDT
tradeXYZ xyz:INTC
Phoenix INTC
RISEx INTC/USDC
edgeX INTCUSDC