Settings8H · net · $10k
Funding arb · Price arb /

INTC

RWAall INTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0165%/8h= −18.1% APRnext payment $0.21 per $10,000 · paid last 24h −0.049%
Price spread now: ApeX Omni against Phoenix−0.041%116s7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.484% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.154%−$15 on $10k
Price spread, last 4 days (all we have)−0.275%−$28 · spread now −0.041%, 7d avg −0.006%
Together, before fees−0.429%−$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and ApeX Omni is 0.035% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.006%). Swap the legs. The two prices were read 116 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix INTC120.900.0265pay 0.0033% / 1h57m 37s$47K$239K10x
ShortApeX Omni INTCUSDT120.850.0100get 0.0013% / 1h57m 37s$47K$259K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phoenix. 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

Funding earned
−$34.74
Price spread: −0.041% → −0.006%
−$3.53
Slippage, 4 orders
−$31.39
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$86.66
Costs to cover
0.484%
Break-even
never at this rate
Slippage from Phoenix: live order book, 47 min ago; ApeX Omni: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 47 min ago4.13 bp13.0 bp −$1328.5 bp −$285doesn't fitdoesn't fit
Sell ApeX Omni live order book, 49 min ago6.19 bp11.2 bp −$1148.1 bp −$481doesn't fitdoesn't fit

INTC on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget INTCUSDT−0.0884%8h120.87−0.025%$25.3M$32.3M50xas long as short
Aster INTCUSDT0.0000%8h120.76−0.118%$300K$544K20xas long as short
Bybit INTCUSDT0.0000%8h120.80−0.083%$12.9M$28.7M50xas long as short
Gate INTC_USDT0.0000%8h120.76−0.116%$8.1M$30.5M75xas long as short
GRVT INTC_USDT_Perp0.0000%8h120.91+0.008%$906K$1.4M10xas long as short
Deribit INTC_USDC-PERPETUAL0.0000%1h120.85−0.041%$20K$108K10xas long as short
Phemex INTCUSDT0.0000%8h120.900.000%$1.7M$50K10xas long as short
Lighter RH INTC+0.0032%1h120.75−0.124%$666K$2.8M10xas long as short
Injective INTC/USDC PERP+0.0033%1h121.34+0.364%$213$22K12xas long as short
Aftermath Perps INTCUSD+0.0034%1h120.85−0.041%$2K$55K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni INTC+0.0035%8h120.90+0.002%$2.1M$2.5Mas long as short
Arcus INTC-USD+0.0040%1h120.81−0.074%$91K$307K10xas long as short
OKX INTC-USDT-SWAP+0.0042%8h120.78−0.099%$18.0M$67.8M25xas long as short
Vest INTC-USD-PERP+0.0046%1h120.81−0.074%$1.5M25xas long as short
QFEX INTC-USD+0.0047%1h120.73−0.141%$1.4M$10.5M10xas long as short
SoDEX INTC-USD+0.0050%1h120.89−0.004%$27K$4K10xas long as short
Ondo Perps INTC-USD.P+0.0050%1h120.77−0.108%$1.2M$2.4M10xas long as short
Extended INTC_24_5-USD+0.0080%1h120.70−0.169%$336K$1.9M10xas long as short
Binance INTCUSDT+0.0081%8h120.77−0.109%$70.0M$397.5M25xas long as short
Lighter INTC+0.0088%1h120.80−0.085%$1.4M$1.9M10xas long as short
Paradex INTC-USD-PERP+0.0091%8h120.79−0.092%5xas long as short
ApeX Omni INTCUSDTshort+0.0100%1h120.85−0.041%$47K$259K50x
Orderly PERP_INTC_USDC_mythos+0.0100%8h120.87−0.025%$4K$3K10xas long as short
Aevo INTC-PERP+0.0104%1h120.92+0.018%$49K10xas long as short
KuCoin INTCUSDTM+0.0113%8h120.89−0.008%$1.1M$105K20xas long as short
Coinbase International INTC-PERP-INTX+0.0128%1h120.84−0.050%$245K$837K10xas long as short
Nado INTC-PERP+0.0144%1h120.72−0.149%$157K$288K10xas long as short
edgeX INTCUSDC+0.0170%4h120.84−0.053%$86K$296K10xas long as short
BloFin INTC-USDT+0.0200%8h120.82−0.066%$889K$309K25xas long as short
RISEx INTC/USDC+0.0239%1h120.82−0.066%$316K$330K10xas long as short
Polymarket Perps INTC-USD+0.0251%1h120.93+0.025%$208K$506K10xas long as short
Phoenix INTClong+0.0265%1h120.90long leg$47K$239K10x
tradeXYZ xyz:INTC+0.0329%1h120.80−0.083%$144.5M$64.2M10xas long as short