Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.40 per $10,000 · paid last 24h +0.038%
Price spread now: OKX against Phemex+0.008%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1011.010% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.008%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.038% dearer against Phemex than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex INTCUSDT | 120.66 | 0 | get 0.0000% / 8h | 1h 50m | $1.7M | $50K | 10x |
| Short | OKX INTC-USDT-SWAP | 120.67 | 0.0040 | get 0.0040% / 8h | 1h 50m | $18.0M | $67.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $8.37
- Price spread: +0.008% → −0.030%
- $3.79
- Slippage, 4 orders
- −$79.05
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$88.89
- Costs to cover
- 1.010%
- Break-even
- 81.3 days
Slippage from Phemex: live order book, 3 min ago; OKX: live order book, 3 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 | 3.32 bp | 44.8 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.41 bp | 7.0 bp −$7 | 12.2 bp −$122 | 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 | −0.0894% | 8h | 120.81 | +0.124% | $25.2M | $32.3M | 50x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 120.69 | +0.025% | $300K | $544K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 120.68 | +0.017% | $12.9M | $28.7M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 120.69 | +0.025% | $8.1M | $30.5M | 75x | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 120.57 | −0.071% | $903K | $1.4M | 10x | as long as short |
| Phemex INTCUSDTlong | 0.0000% | 8h | 120.66 | long leg | $1.7M | $50K | 10x | |
| Lighter RH INTC | +0.0032% | 1h | 120.64 | −0.017% | $667K | $2.8M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +0.564% | $213 | $22K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0034% | 1h | 120.53 | −0.109% | $2K | $55K | 10x | as long as short |
| Variational Omni INTC | +0.0035% | 8h | 120.65 | −0.012% | $2.1M | $2.5M | — | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INTC-USDT-SWAPshort | +0.0040% | 8h | 120.67 | +0.008% | $18.0M | $67.7M | 25x | |
| Arcus INTC-USD | +0.0040% | 1h | 120.53 | −0.108% | $91K | $307K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 120.40 | −0.215% | — | $1.5M | 25x | as long as short |
| QFEX INTC-USD | +0.0047% | 1h | 120.68 | +0.017% | $1.3M | $10.4M | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 120.52 | −0.120% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 120.47 | −0.157% | $1.2M | $2.4M | 10x | as long as short |
| Binance INTCUSDT | +0.0078% | 8h | 120.70 | +0.030% | $70.0M | $397.4M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0080% | 1h | 120.65 | −0.010% | $336K | $1.9M | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0081% | 1h | 120.53 | −0.108% | $215K | $516K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0091% | 8h | 120.68 | +0.014% | — | — | 5x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 120.49 | −0.141% | $47K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 120.58 | −0.066% | $4K | $3K | 10x | as long as short |
| Aevo INTC-PERP | +0.0104% | 1h | 120.61 | −0.043% | $49K | — | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0114% | 8h | 120.65 | −0.008% | $1.1M | $105K | 20x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0128% | 1h | 120.27 | −0.323% | $242K | $835K | 10x | as long as short |
| Nado INTC-PERP | +0.0154% | 1h | 120.42 | −0.197% | $157K | $288K | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | +0.0165% | 1h | 120.57 | −0.075% | $20K | $108K | 10x | as long as short |
| BloFin INTC-USDT | +0.0197% | 8h | 120.66 | 0.000% | $892K | $309K | 25x | as long as short |
| Phoenix INTC | +0.0199% | 1h | 120.47 | −0.157% | $46K | $239K | 10x | as long as short |
| Lighter INTC | +0.0224% | 1h | 120.66 | 0.000% | $1.4M | $1.9M | 10x | as long as short |
| RISEx INTC/USDC | +0.0239% | 1h | 120.71 | +0.040% | $315K | $322K | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0261% | 1h | 120.65 | −0.008% | $144.3M | $63.6M | 10x | as long as short |
| edgeX INTCUSDC | +0.0624% | 4h | 120.50 | −0.131% | $86K | $295K | 10x | as long as short |
Phemex INTCUSDT
OKX INTC-USDT-SWAP
Bitget INTCUSDT
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
GRVT INTC_USDT_Perp
Lighter RH INTC
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
Variational Omni INTC
SoDEX INTC-USD
Binance INTCUSDT
Extended INTC_24_5-USD
Polymarket Perps INTC-USD
Paradex INTC-USD-PERP
ApeX Omni INTCUSDT
KuCoin INTCUSDTM
Coinbase International INTC-PERP-INTX
Deribit INTC_USDC-PERPETUAL
BloFin INTC-USDT
Phoenix INTC
Lighter INTC
RISEx INTC/USDC
tradeXYZ xyz:INTC
edgeX INTCUSDC