Funding you earn now, next payment 04:00 UTC−0.0319%/8h= −34.9% APRpaid last 24h −0.046%
Price spread now: GRVT against Phoenix+0.348%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$430.427% of the position
Funding, last 7 days−0.377%−$38 on $10k
+Price spread, last 4 days (all we have)−0.653%−$65 · spread now +0.348%, 7d avg −0.001%
=Together, before fees−1.029%+ Points / potential airdropGRVT: Active · farm board−$103 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.349% dearer against Phoenix than usual: you sell high and buy low (spread +0.348% now, against its 7-day average of −0.001%): +$35 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix INTC | 120.65 | 0.0326 | pay 0.0041% / 1h | 0m 05s | $46K | $265K | 10x |
| Short | GRVT INTC_USDT_Perp | 121.07 | 0.0007 | get 0.0007% / 8h | 3h 00m | $907K | $1.4M | 10x |
Phoenix INTC
GRVT INTC_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$66.99
- Price spread: +0.348% → −0.001%
- $34.91
- Slippage, 4 orders
- −$26.73
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$74.81
- Costs to cover
- 0.427%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 50 min ago; GRVT: 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 Phoenix live order book, 50 min ago | 4.09 bp | 13.2 bp −$13 | 28.7 bp −$287 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 1.24 bp | 7.4 bp −$7 | 12.6 bp −$126 | 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 | −0.0668% | 8h | 120.69 | +0.033% | $24.9M | $31.8M | 50x | as long as short |
| Nado INTC-PERP | −0.0029% | 1h | 120.59 | −0.048% | $165K | $287K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 120.65 | +0.003% | $303K | $540K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 120.60 | −0.041% | $12.9M | $28.7M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 120.59 | −0.050% | $8.4M | $30.5M | 75x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 120.55 | −0.083% | $20K | $107K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 120.62 | −0.025% | $1.7M | $50K | 10x | as long as short |
| GRVT INTC_USDT_Perpshort | +0.0007% | 8h | 121.07 | +0.348% | $907K | $1.4M | 10x | |
| Lighter RH INTC | +0.0032% | 1h | 120.60 | −0.041% | $655K | $2.9M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +0.572% | $213 | $22K | 12x | as long as short |
Bitget INTCUSDT
Nado INTC-PERP
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
Lighter RH INTC
Injective INTC/USDC PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus INTC-USD | +0.0040% | 1h | 120.74 | +0.075% | $91K | $307K | 10x | as long as short |
| Aftermath Perps INTCUSD | +0.0043% | 1h | 120.79 | +0.113% | $2K | $54K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 120.55 | −0.083% | — | $1.5M | 25x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 120.59 | −0.046% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 120.57 | −0.066% | $1.2M | $2.3M | 10x | as long as short |
| QFEX INTC-USD | +0.0054% | 1h | 120.65 | 0.000% | $1.4M | $11.4M | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0055% | 8h | 120.59 | −0.050% | $18.1M | $67.6M | 25x | as long as short |
| Variational Omni INTC | +0.0078% | 8h | 120.58 | −0.055% | $2.1M | $2.5M | — | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 120.78 | +0.108% | $47K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 120.59 | −0.050% | $4K | $3K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0104% | 8h | 120.62 | −0.023% | — | — | 5x | as long as short |
| Aevo INTC-PERP | +0.0112% | 1h | 120.59 | −0.053% | $49K | — | 10x | as long as short |
| Binance INTCUSDT | +0.0118% | 8h | 120.58 | −0.058% | $70.8M | $400.5M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0120% | 1h | 120.58 | −0.060% | $337K | $1.9M | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0131% | 1h | 120.60 | −0.041% | $207K | $492K | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0148% | 8h | 120.67 | +0.017% | $1.1M | $106K | 20x | as long as short |
| Lighter INTC | +0.0184% | 1h | 120.60 | −0.041% | $1.4M | $2.1M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0192% | 1h | 120.38 | −0.224% | $250K | $858K | 10x | as long as short |
| BloFin INTC-USDT | +0.0239% | 8h | 120.68 | +0.025% | $903K | $305K | 25x | as long as short |
| tradeXYZ xyz:INTC | +0.0278% | 1h | 120.57 | −0.066% | $144.2M | $66.5M | 10x | as long as short |
| Phoenix INTClong | +0.0326% | 1h | 120.65 | long leg | $46K | $265K | 10x | |
| RISEx INTC/USDC | +0.0459% | 1h | 120.69 | +0.034% | $327K | $355K | 10x | as long as short |
| edgeX INTCUSDC | +0.0604% | 4h | 120.92 | +0.221% | $86K | $295K | 10x | as long as short |
Arcus INTC-USD
Aftermath Perps INTCUSD
Vest INTC-USD-PERP
SoDEX INTC-USD
Ondo Perps INTC-USD.P
QFEX INTC-USD
OKX INTC-USDT-SWAP
Variational Omni INTC
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
Paradex INTC-USD-PERP
Aevo INTC-PERP
Binance INTCUSDT
Extended INTC_24_5-USD
Polymarket Perps INTC-USD
KuCoin INTCUSDTM
Lighter INTC
Coinbase International INTC-PERP-INTX
BloFin INTC-USDT
tradeXYZ xyz:INTC
RISEx INTC/USDC
edgeX INTCUSDC