Funding you earn now, next payment 22:00 UTC−0.0211%/8h= −23.2% APRnext payment −$0.26 per $10,000 · paid last 24h −0.063%
Price spread now: Ondo Perps against Phoenix−0.300%7-day average −0.109% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 3 days (all we have)−0.097%−$10 · spread now −0.300%, 7d avg −0.109%
=Together, before fees−0.339%+ Points / potential airdropOndo Perps: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.191% cheaper against Phoenix than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.109%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix INTC | 123.37 | 0.0262 | pay 0.0033% / 1h | 20m 56s | $47K | $256K | 10x |
| Short | Ondo Perps INTC-USD.P | 123.00 | 0.0050 | get 0.0006% / 1h | 20m 56s | $1.3M | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$44.41
- Price spread: −0.300% → −0.109%
- −$19.07
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$75.48
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 59 min ago; Ondo Perps: 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, 59 min ago | 2.46 bp | 10.9 bp −$11 | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster INTCUSDT | 0.0000% | 8h | 123.31 | −0.048% | $307K | $505K | 20x | as long as short |
| OKX INTC-USDT-SWAP | 0.0000% | 8h | 123.27 | −0.081% | $18.6M | $69.4M | 25x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 123.26 | −0.089% | $9.1M | $32.2M | 75x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 123.26 | −0.089% | $1.7M | $51K | 10x | as long as short |
| Bybit INTCUSDT | +0.0023% | 8h | 123.25 | −0.097% | $13.4M | $29.2M | 50x | as long as short |
| GRVT INTC_USDT_Perp | +0.0029% | 8h | 123.38 | +0.011% | $925K | $1.5M | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 123.27 | −0.081% | $600K | $3.0M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −1.645% | $213 | $23K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0040% | 1h | 123.19 | −0.145% | $2K | $53K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 123.25 | −0.097% | — | $1.5M | 25x | 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 | +0.0050% | 8h | 123.33 | −0.033% | $2.1M | $2.4M | — | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 123.27 | −0.083% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.Pshort | +0.0050% | 1h | 123.00 | −0.300% | $1.3M | $2.2M | 10x | |
| Nado INTC-PERP | +0.0058% | 1h | 123.18 | −0.155% | $169K | $237K | 10x | as long as short |
| QFEX INTC-USD | +0.0060% | 1h | 123.25 | −0.097% | $1.9M | $15.1M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0064% | 1h | 123.07 | −0.243% | $264K | $1.2M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | +0.0075% | 1h | 123.21 | −0.130% | $21K | $180K | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0084% | 1h | 123.23 | −0.113% | $206K | $432K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0092% | 8h | 123.22 | −0.118% | — | — | 5x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 123.40 | +0.024% | $46K | $258K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 123.26 | −0.089% | $4K | $3K | 10x | as long as short |
| Binance INTCUSDT | +0.0102% | 8h | 123.26 | −0.089% | $72.1M | $411.4M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0104% | 1h | 123.24 | −0.109% | $343K | $1.1M | 10x | as long as short |
| Aevo INTC-PERP | +0.0104% | 1h | 123.28 | −0.074% | $50K | — | 10x | as long as short |
| edgeX INTCUSDC | +0.0153% | 4h | 123.39 | +0.015% | $87K | $287K | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0176% | 8h | 123.30 | −0.057% | $1.2M | $60K | 20x | as long as short |
| BloFin INTC-USDT | +0.0222% | 8h | 123.31 | −0.049% | $908K | $323K | 25x | as long as short |
| tradeXYZ xyz:INTC | +0.0229% | 1h | 123.24 | −0.105% | $145.7M | $79.6M | 10x | as long as short |
| Bitget INTCUSDT | +0.0230% | 8h | 123.28 | −0.073% | $25.5M | $34.3M | 50x | as long as short |
| RISEx INTC/USDC | +0.0257% | 1h | 123.30 | −0.054% | $336K | $369K | 10x | as long as short |
| Phoenix INTClong | +0.0262% | 1h | 123.37 | long leg | $47K | $256K | 10x | |
| Lighter INTC | +0.0344% | 1h | 123.32 | −0.037% | $1.5M | $1.9M | 10x | as long as short |
| Arcus INTC-USD | +0.0693% | 1h | 123.24 | −0.105% | $108K | $298K | 10x | as long as short |
Phoenix INTC
Aster INTCUSDT
OKX INTC-USDT-SWAP
Gate INTC_USDT
Phemex INTCUSDT
Bybit INTCUSDT
GRVT INTC_USDT_Perp
Lighter RH INTC
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
Variational Omni INTC
SoDEX INTC-USD
Coinbase International INTC-PERP-INTX
Deribit INTC_USDC-PERPETUAL
Polymarket Perps INTC-USD
Paradex INTC-USD-PERP
ApeX Omni INTCUSDT
Binance INTCUSDT
Extended INTC_24_5-USD
edgeX INTCUSDC
KuCoin INTCUSDTM
BloFin INTC-USDT
tradeXYZ xyz:INTC
Bitget INTCUSDT
RISEx INTC/USDC
Lighter INTC