Funding you earn now, next payment 11:00 UTC+0.0312%/8h= +34.2% APRpaid last 24h +0.080%
Price spread now: Lighter against Phemex−0.026%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$950.947% of the position
Funding, last 7 days+0.496%+$50 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.026%, 7d avg +0.002%
=Together, before fees+0.402%+ Points / potential airdropLighter: Season 3 · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.028% cheaper against Phemex than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.002%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex INTCUSDT | 122.37 | 0 | get 0.0000% / 8h | 5h 52m | $1.7M | $50K | 10x |
| Short | Lighter INTC | 122.34 | 0.0312 | get 0.0039% / 1h | 52m 46s | $1.4M | $1.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $65.52
- Price spread: −0.026% → +0.002%
- −$2.8
- Slippage, 4 orders
- −$82.74
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$32.03
- Costs to cover
- 0.947%
- Break-even
- 10.4 days
Slippage from Phemex: live order book, 4 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 Phemex live order book, 4 min ago | 1.64 bp | 52.3 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 2.49 bp | 2.6 bp −$3 | 4.5 bp −$45 | 39.6 bp −$3,963 | doesn't fit |
INTC on 33 exchanges
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 | 122.38 | +0.012% | $449K | $692K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 122.34 | −0.025% | $13.0M | $28.1M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 122.36 | −0.008% | $8.2M | $30.9M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 122.40 | +0.025% | $25.4M | $30.8M | 50x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 122.27 | −0.082% | $21K | $98K | 10x | as long as short |
| Phemex INTCUSDTlong | 0.0000% | 8h | 122.37 | long leg | $1.7M | $50K | 10x | |
| Lighter RH INTC | +0.0032% | 1h | 122.36 | −0.008% | $666K | $2.6M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −0.842% | $213 | $16K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0038% | 1h | 122.10 | −0.218% | $2K | $54K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 122.41 | +0.033% | — | $1.5M | 25x | as long as short |
Show all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 122.04 | −0.270% | $1.2M | $2.6M | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0056% | 8h | 122.34 | −0.025% | $18.4M | $67.9M | 25x | as long as short |
| QFEX INTC-USD | +0.0060% | 1h | 122.29 | −0.065% | $1.2M | $9.5M | 10x | as long as short |
| SoDEX INTC-USD | +0.0081% | 1h | 122.35 | −0.016% | $27K | $4K | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0084% | 1h | 122.30 | −0.057% | $219K | $510K | 10x | as long as short |
| Variational Omni INTC | +0.0091% | 8h | 122.09 | −0.226% | $1.9M | $2.7M | — | as long as short |
| Paradex INTC-USD-PERP | +0.0095% | 8h | 122.36 | −0.007% | — | — | 5x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 122.31 | −0.049% | $4K | $3K | 10x | as long as short |
| Aevo INTC-PERP | +0.0112% | 1h | 122.34 | −0.021% | $49K | — | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0115% | 1h | 122.16 | −0.172% | $47K | $258K | 50x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0120% | 1h | 122.01 | −0.294% | $253K | $908K | 10x | as long as short |
| Nado INTC-PERP | +0.0125% | 1h | 122.28 | −0.077% | $157K | $284K | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0136% | 1h | 122.32 | −0.037% | $340K | $1.9M | 10x | as long as short |
| Binance INTCUSDT | +0.0137% | 8h | 122.34 | −0.025% | $70.8M | $395.9M | 25x | as long as short |
| GRVT INTC_USDT_Perp | +0.0182% | 8h | 122.23 | −0.114% | $916K | $1.4M | 10x | as long as short |
| Phoenix INTC | +0.0196% | 1h | 122.08 | −0.237% | $47K | $211K | 10x | as long as short |
| Arcus INTC-USD | +0.0199% | 1h | 122.29 | −0.065% | $87K | $246K | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0201% | 8h | 122.24 | −0.106% | $1.1M | $265K | 20x | as long as short |
| tradeXYZ xyz:INTC | +0.0221% | 1h | 122.29 | −0.065% | $147.3M | $51.4M | 10x | as long as short |
| BloFin INTC-USDT | +0.0256% | 8h | 122.38 | +0.008% | $916K | $342K | 25x | as long as short |
| Lighter INTCshort | +0.0312% | 1h | 122.34 | −0.026% | $1.4M | $1.6M | 10x | |
| edgeX INTCUSDC | +0.0344% | 4h | 122.11 | −0.216% | $86K | $296K | 10x | as long as short |
| RISEx INTC/USDC | +0.0415% | 1h | 122.35 | −0.020% | $322K | $288K | 10x | as long as short |
Phemex INTCUSDT
Lighter INTC
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
Deribit INTC_USDC-PERPETUAL
Lighter RH INTC
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
OKX INTC-USDT-SWAP
SoDEX INTC-USD
Polymarket Perps INTC-USD
Variational Omni INTC
Paradex INTC-USD-PERP
ApeX Omni INTCUSDT
Coinbase International INTC-PERP-INTX
Extended INTC_24_5-USD
Binance INTCUSDT
GRVT INTC_USDT_Perp
Phoenix INTC
KuCoin INTCUSDTM
tradeXYZ xyz:INTC
BloFin INTC-USDT
edgeX INTCUSDC
RISEx INTC/USDC