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 − costs—prices read too far apart to compare
costs, in and out, $10k−$480.484% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix INTC | 120.90 | 0.0265 | pay 0.0033% / 1h | 57m 37s | $47K | $239K | 10x |
| Short | ApeX Omni INTCUSDT | 120.85 | 0.0100 | get 0.0013% / 1h | 57m 37s | $47K | $259K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix live order book, 47 min ago | 4.13 bp | 13.0 bp −$13 | 28.5 bp −$285 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 49 min ago | 6.19 bp | 11.2 bp −$11 | 48.1 bp −$481 | 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 | −0.0884% | 8h | 120.87 | −0.025% | $25.3M | $32.3M | 50x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 120.76 | −0.118% | $300K | $544K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 120.80 | −0.083% | $12.9M | $28.7M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 120.76 | −0.116% | $8.1M | $30.5M | 75x | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 120.91 | +0.008% | $906K | $1.4M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 120.85 | −0.041% | $20K | $108K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 120.90 | 0.000% | $1.7M | $50K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 120.75 | −0.124% | $666K | $2.8M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +0.364% | $213 | $22K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0034% | 1h | 120.85 | −0.041% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni INTC | +0.0035% | 8h | 120.90 | +0.002% | $2.1M | $2.5M | — | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 120.81 | −0.074% | $91K | $307K | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0042% | 8h | 120.78 | −0.099% | $18.0M | $67.8M | 25x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 120.81 | −0.074% | — | $1.5M | 25x | as long as short |
| QFEX INTC-USD | +0.0047% | 1h | 120.73 | −0.141% | $1.4M | $10.5M | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 120.89 | −0.004% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 120.77 | −0.108% | $1.2M | $2.4M | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0080% | 1h | 120.70 | −0.169% | $336K | $1.9M | 10x | as long as short |
| Binance INTCUSDT | +0.0081% | 8h | 120.77 | −0.109% | $70.0M | $397.5M | 25x | as long as short |
| Lighter INTC | +0.0088% | 1h | 120.80 | −0.085% | $1.4M | $1.9M | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0091% | 8h | 120.79 | −0.092% | — | — | 5x | as long as short |
| ApeX Omni INTCUSDTshort | +0.0100% | 1h | 120.85 | −0.041% | $47K | $259K | 50x | |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 120.87 | −0.025% | $4K | $3K | 10x | as long as short |
| Aevo INTC-PERP | +0.0104% | 1h | 120.92 | +0.018% | $49K | — | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0113% | 8h | 120.89 | −0.008% | $1.1M | $105K | 20x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0128% | 1h | 120.84 | −0.050% | $245K | $837K | 10x | as long as short |
| Nado INTC-PERP | +0.0144% | 1h | 120.72 | −0.149% | $157K | $288K | 10x | as long as short |
| edgeX INTCUSDC | +0.0170% | 4h | 120.84 | −0.053% | $86K | $296K | 10x | as long as short |
| BloFin INTC-USDT | +0.0200% | 8h | 120.82 | −0.066% | $889K | $309K | 25x | as long as short |
| RISEx INTC/USDC | +0.0239% | 1h | 120.82 | −0.066% | $316K | $330K | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0251% | 1h | 120.93 | +0.025% | $208K | $506K | 10x | as long as short |
| Phoenix INTClong | +0.0265% | 1h | 120.90 | long leg | $47K | $239K | 10x | |
| tradeXYZ xyz:INTC | +0.0329% | 1h | 120.80 | −0.083% | $144.5M | $64.2M | 10x | as long as short |
Phoenix INTC
ApeX Omni INTCUSDT
Bitget INTCUSDT
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
GRVT INTC_USDT_Perp
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
Lighter RH INTC
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
Variational Omni INTC
OKX INTC-USDT-SWAP
SoDEX INTC-USD
Extended INTC_24_5-USD
Binance INTCUSDT
Lighter INTC
Paradex INTC-USD-PERP
KuCoin INTCUSDTM
Coinbase International INTC-PERP-INTX
edgeX INTCUSDC
BloFin INTC-USDT
RISEx INTC/USDC
Polymarket Perps INTC-USD
tradeXYZ xyz:INTC