Funding you earn now, next payment 08:00 UTC−0.0176%/8h= −19.2% APRnext payment −$0.22 per $10,000 · paid last 24h −0.022%
Price spread now: Extended against Phoenix−0.059%88s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as 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−$320.315% of the position
Funding, last 7 days−0.223%−$22 on $10k
+Price spread, last 4 days (all we have)−0.514%−$51 · spread now −0.059%, 7d avg −0.018%
=Together, before fees−0.737%+ Points / potential airdropExtended: Active · farm board−$74 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 Extended is 0.041% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 88 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 | 121.03 | 0.0264 | pay 0.0033% / 1h | 3m 49s | $47K | $236K | 10x |
| Short | Extended INTC_24_5-USD | 120.96 | 0.0088 | get 0.0011% / 1h | 3m 49s | $336K | $1.9M | 10x |
Phoenix INTC
Extended INTC_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$36.91
- Price spread: −0.059% → −0.018%
- −$4.12
- Slippage, 4 orders
- −$19.54
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$72.57
- Costs to cover
- 0.315%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 27 min ago; Extended: live order book, 5 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, 27 min ago | 3.35 bp | 11.9 bp −$12 | 26.4 bp −$264 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 0.04 bp | 3.9 bp −$4 | 15.2 bp −$152 | 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 | 120.93 | −0.083% | $430K | $676K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 120.99 | −0.033% | $13.0M | $28.4M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 120.99 | −0.033% | $8.0M | $31.4M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 121.10 | +0.058% | $25.2M | $30.7M | 50x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 121.03 | 0.000% | $1.7M | $49K | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0006% | 8h | 120.99 | −0.033% | $18.1M | $68.0M | 25x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 121.03 | 0.000% | $666K | $2.8M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0032% | 1h | 120.89 | −0.116% | $256K | $894K | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +0.256% | $213 | $16K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0039% | 1h | 120.87 | −0.133% | $2K | $55K | 10x | as long as short |
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
Phemex INTCUSDT
OKX INTC-USDT-SWAP
Lighter RH INTC
Coinbase International INTC-PERP-INTX
Injective INTC/USDC PERP
Aftermath Perps INTCUSDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus INTC-USD | +0.0040% | 1h | 120.84 | −0.157% | $88K | $289K | 10x | as long as short |
| Variational Omni INTC | +0.0043% | 8h | 121.00 | −0.029% | $1.8M | $2.7M | — | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 121.06 | +0.025% | — | $1.5M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0050% | 1h | 120.87 | −0.132% | $216K | $512K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 120.79 | −0.198% | $1.2M | $2.6M | 10x | as long as short |
| QFEX INTC-USD | +0.0056% | 1h | 120.88 | −0.124% | $1.2M | $9.8M | 10x | as long as short |
| Nado INTC-PERP | +0.0087% | 1h | 120.82 | −0.171% | $155K | $297K | 10x | as long as short |
| Extended INTC_24_5-USDshort | +0.0088% | 1h | 120.96 | −0.059% | $336K | $1.9M | 10x | |
| Binance INTCUSDT | +0.0090% | 8h | 121.02 | −0.008% | $69.4M | $399.3M | 25x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 121.13 | +0.083% | $47K | $258K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 120.95 | −0.066% | $4K | $3K | 10x | as long as short |
| Aevo INTC-PERP | +0.0104% | 1h | 120.96 | −0.055% | $49K | — | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0118% | 8h | 120.88 | −0.123% | — | — | 5x | as long as short |
| Lighter INTC | +0.0152% | 1h | 121.07 | +0.030% | $1.4M | $1.8M | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0161% | 8h | 120.94 | −0.074% | $1.1M | $186K | 20x | as long as short |
| Deribit INTC_USDC-PERPETUAL | +0.0164% | 1h | 120.96 | −0.058% | $20K | $105K | 10x | as long as short |
| BloFin INTC-USDT | +0.0207% | 8h | 121.04 | +0.008% | $894K | $335K | 25x | as long as short |
| edgeX INTCUSDC | +0.0240% | 4h | 121.01 | −0.020% | $86K | $296K | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0263% | 1h | 120.94 | −0.074% | $145.7M | $56.9M | 10x | as long as short |
| Phoenix INTClong | +0.0264% | 1h | 121.03 | long leg | $47K | $236K | 10x | |
| SoDEX INTC-USD | +0.0274% | 1h | 121.04 | +0.008% | $27K | $4K | 10x | as long as short |
| GRVT INTC_USDT_Perp | +0.0298% | 8h | 121.05 | +0.016% | $907K | $1.4M | 10x | as long as short |
| RISEx INTC/USDC | +0.0362% | 1h | 121.00 | −0.022% | $317K | $298K | 10x | as long as short |
Arcus INTC-USD
Variational Omni INTC
Vest INTC-USD-PERP
Polymarket Perps INTC-USD
Ondo Perps INTC-USD.P
QFEX INTC-USD
Nado INTC-PERP
Binance INTCUSDT
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
Aevo INTC-PERP
Paradex INTC-USD-PERP
Lighter INTC
KuCoin INTCUSDTM
Deribit INTC_USDC-PERPETUAL
BloFin INTC-USDT
edgeX INTCUSDC
tradeXYZ xyz:INTC
SoDEX INTC-USD
GRVT INTC_USDT_Perp
RISEx INTC/USDC