INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0079%/8h= −8.6% APRnext payment −$0.10 per $10,000 · paid last 24h −0.034%

Price spread now: Coinbase International against Phoenix−0.082%72s7-day average −0.059% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as 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−$380.376% of the position

Long on Phoenix Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.080%−$8 on $10k

Price spread, last 3 days (all we have)+0.349%+$35 · spread now −0.082%, 7d avg −0.059%

Together, before fees+0.269%+$27 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.023% cheaper against Phoenix than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.059%). Swap the legs. The two prices were read 72 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	121.78	0.0263	pay 0.0033% / 1h	17m 58s	$47K	$288K	10x
Short	Coinbase International INTC-PERP-INTX	121.68	0.0184	get 0.0023% / 1h	17m 58s	$286K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee PhoenixbpFee Coinbase InternationalbpOrdersPrice spread, now −0.082%Rate

Funding earned: −$16.51
Price spread: −0.082% → −0.059%: −$2.33
Slippage, 4 orders: −$20.59
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$56.44
Costs to cover: 0.376%
Break-even: never at this rate

Slippage from Phoenix: live order book, 7 min ago; Coinbase International: live order book, 1 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, 7 min ago	2.46 bp	10.1 bp −$10	21.5 bp −$215	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	2.88 bp	7.9 bp −$8	12.9 bp −$129	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
Aster INTCUSDT	0.0000%	8h	121.67	−0.092%	$300K	$501K	20x	as long as short
Extended INTC_24_5-USD	0.0000%	1h	121.78	−0.003%	$325K	$1.1M	10x	as long as short
Binance INTCUSDT	0.0000%	8h	121.76	−0.016%	$71.6M	$412.3M	25x	as long as short
Bybit INTCUSDT	0.0000%	8h	121.77	−0.008%	$13.4M	$29.2M	50x	as long as short
OKX INTC-USDT-SWAP	0.0000%	8h	121.73	−0.041%	$18.2M	$68.6M	25x	as long as short
Gate INTC_USDT	0.0000%	8h	121.75	−0.025%	$8.8M	$32.4M	75x	as long as short
Variational Omni INTC	0.0000%	8h	121.82	+0.029%	$2.1M	$2.4M	—	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	121.83	+0.040%	$913K	$1.8M	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	121.78	0.000%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	121.77	−0.008%	$599K	$3.1M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps INTCUSD	+0.0039%	1h	121.82	+0.029%	$2K	$53K	10x	as long as short
QFEX INTC-USD	+0.0044%	1h	121.78	0.000%	$1.9M	$15.1M	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	121.74	−0.033%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	121.75	−0.025%	$203K	$389K	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	121.77	−0.012%	$27K	$3K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	121.71	−0.057%	$1.2M	$2.2M	10x	as long as short
Nado INTC-PERP	+0.0057%	1h	121.66	−0.102%	$171K	$223K	10x	as long as short
Paradex INTC-USD-PERP	+0.0076%	8h	121.75	−0.025%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0080%	1h	121.78	+0.002%	$49K	—	10x	as long as short
KuCoin INTCUSDTM	+0.0100%	8h	121.81	+0.025%	$1.2M	$62K	20x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	121.90	+0.099%	$46K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	121.75	−0.025%	$4K	$3K	10x	as long as short
edgeX INTCUSDC	+0.0100%	4h	121.83	+0.042%	$86K	$285K	10x	as long as short
BloFin INTC-USDT	+0.0120%	8h	121.78	0.000%	$900K	$316K	25x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0161%	1h	121.71	−0.057%	$20K	$179K	10x	as long as short
RISEx INTC/USDC	+0.0169%	1h	121.80	+0.020%	$328K	$388K	10x	as long as short
Bitget INTCUSDT	+0.0178%	8h	121.78	0.000%	$25.6M	$34.2M	50x	as long as short
Coinbase International INTC-PERP-INTXshort	+0.0184%	1h	121.68	−0.082%	$286K	$1.2M	10x
Injective INTC/USDC PERP	+0.0220%	1h	121.34	−0.361%	$213	$31K	12x	as long as short
tradeXYZ xyz:INTC	+0.0229%	1h	121.75	−0.025%	$143.7M	$81.8M	10x	as long as short
Phoenix INTClong	+0.0263%	1h	121.78	long leg	$47K	$288K	10x
Lighter INTC	+0.0320%	1h	121.82	+0.034%	$1.5M	$2.3M	10x	as long as short
Arcus INTC-USD	+0.0386%	1h	121.75	−0.025%	$134K	$272K	10x	as long as short