Funding you earn now, next payment 02:00 UTC−0.0228%/8h= −25.0% APRnext payment −$0.28 per $10,000 · paid last 24h −0.072%
Price spread now: Injective against Phoenix−1.326%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.509%−$51 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 1.326% cheaper against Phoenix than usual: you would sell low and buy high (−$133 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix INTC | 122.97 | 0.0261 | pay 0.0033% / 1h | 36m 54s | $47K | $265K | 10x |
| Short | Injective INTC/USDC PERP | 121.34 | 0.0033 | get 0.0004% / 1h | 36m 54s | $213 | $22K | 12x |
Phoenix INTC
Injective INTC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$47.88
- Price spread: −1.326% → 0.000%
- −$132.55
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$187.45
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 23 min ago; Injective: no order-book sample. Net counts fees only.
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, 23 min ago | 3.27 bp | 11.7 bp −$12 | 25.1 bp −$251 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado INTC-PERP | −0.0114% | 1h | 122.93 | −0.030% | $172K | $286K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 122.94 | −0.024% | $306K | $524K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 123.04 | +0.057% | $13.3M | $28.3M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 123.02 | +0.041% | $8.6M | $30.2M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 123.10 | +0.106% | $25.4M | $32.1M | 50x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 122.94 | −0.024% | $21K | $107K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 123.07 | +0.081% | $1.7M | $50K | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0032% | 8h | 123.06 | +0.073% | $18.6M | $67.6M | 25x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 123.03 | +0.049% | $649K | $2.8M | 10x | as long as short |
| Injective INTC/USDC PERPshort | +0.0033% | 1h | 121.34 | −1.326% | $213 | $22K | 12x |
Nado INTC-PERP
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
OKX INTC-USDT-SWAP
Lighter RH INTCShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT INTC_USDT_Perp | +0.0035% | 8h | 123.00 | +0.021% | $921K | $1.4M | 10x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 122.88 | −0.073% | $93K | $308K | 10x | as long as short |
| Aftermath Perps INTCUSD | +0.0041% | 1h | 122.87 | −0.082% | $2K | $52K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 122.94 | −0.024% | — | $1.5M | 25x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 123.03 | +0.050% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 122.81 | −0.130% | $1.3M | $2.2M | 10x | as long as short |
| QFEX INTC-USD | +0.0057% | 1h | 122.98 | +0.008% | $1.6M | $12.7M | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 123.07 | +0.081% | $45K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 123.00 | +0.024% | $4K | $3K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0106% | 8h | 122.96 | −0.010% | — | — | 5x | as long as short |
| Variational Omni INTC | +0.0113% | 8h | 122.81 | −0.129% | $2.1M | $2.5M | — | as long as short |
| Aevo INTC-PERP | +0.0120% | 1h | 123.02 | +0.037% | $50K | — | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0152% | 1h | 123.02 | +0.042% | $341K | $1.8M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0152% | 1h | 122.57 | −0.325% | $258K | $925K | 10x | as long as short |
| Binance INTCUSDT | +0.0153% | 8h | 123.07 | +0.078% | $72.5M | $400.1M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0162% | 1h | 123.00 | +0.024% | $212K | $481K | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0177% | 8h | 122.99 | +0.016% | $1.1M | $104K | 20x | as long as short |
| Phoenix INTClong | +0.0261% | 1h | 122.97 | long leg | $47K | $265K | 10x | |
| RISEx INTC/USDC | +0.0264% | 1h | 123.04 | +0.059% | $347K | $381K | 10x | as long as short |
| BloFin INTC-USDT | +0.0273% | 8h | 123.08 | +0.089% | $921K | $305K | 25x | as long as short |
| tradeXYZ xyz:INTC | +0.0280% | 1h | 123.04 | +0.057% | $147.0M | $68.4M | 10x | as long as short |
| Lighter INTC | +0.0368% | 1h | 123.07 | +0.078% | $1.5M | $2.0M | 10x | as long as short |
| edgeX INTCUSDC | +0.0650% | 4h | 122.81 | −0.127% | $87K | $291K | 10x | as long as short |
GRVT INTC_USDT_Perp
Arcus INTC-USD
Aftermath Perps INTCUSD
Vest INTC-USD-PERP
SoDEX INTC-USD
Ondo Perps INTC-USD.P
QFEX INTC-USD
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
Paradex INTC-USD-PERP
Variational Omni INTC
Aevo INTC-PERP
Extended INTC_24_5-USD
Coinbase International INTC-PERP-INTX
Binance INTCUSDT
Polymarket Perps INTC-USD
KuCoin INTCUSDTM
RISEx INTC/USDC
BloFin INTC-USDT
tradeXYZ xyz:INTC
Lighter INTC
edgeX INTCUSDC