Funding you earn now, next payment 03:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.014%
Price spread now: tradeXYZ against Phoenix+0.016%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)−0.409%−$41 · spread now +0.016%, 7d avg −0.020%
=Together, before fees−0.510%+ Points / potential airdroptradeXYZ: Active · farm board−$51 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and tradeXYZ is 0.037% dearer against Phoenix than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 7 days funding on this pair cost −0.101%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix INTC | 123.02 | 0.0324 | pay 0.0041% / 1h | 12m 35s | $47K | $265K | 10x |
| Short | tradeXYZ xyz:INTC | 123.04 | 0.0339 | get 0.0042% / 1h | 12m 35s | $147.2M | $69.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $2.96
- Price spread: +0.016% → −0.020%
- $3.67
- Slippage, 4 orders
- −$17.84
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$36.2
- Costs to cover
- 0.428%
- Break-even
- 92.5 days
Slippage from Phoenix: live order book, 43 min ago; tradeXYZ: live order book, 6 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, 43 min ago | 2.43 bp | 10.8 bp −$11 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 0.41 bp | 10.0 bp −$10 | 12.7 bp −$127 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado INTC-PERP | −0.0059% | 1h | 122.93 | −0.070% | $172K | $282K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 123.07 | +0.043% | $307K | $522K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 123.04 | +0.016% | $13.1M | $28.5M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 123.02 | 0.000% | $8.6M | $30.2M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 123.10 | +0.065% | $25.4M | $32.0M | 50x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 123.05 | +0.024% | $1.7M | $50K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 123.04 | +0.016% | $669K | $2.9M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −1.366% | $213 | $22K | 12x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 123.00 | −0.016% | $93K | $307K | 10x | as long as short |
| Aftermath Perps INTCUSD | +0.0043% | 1h | 123.02 | +0.004% | $2K | $52K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest INTC-USD-PERP | +0.0046% | 1h | 122.97 | −0.041% | — | $1.5M | 25x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 123.01 | −0.007% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 122.83 | −0.154% | $1.3M | $2.1M | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0059% | 8h | 123.06 | +0.033% | $18.8M | $67.5M | 25x | as long as short |
| QFEX INTC-USD | +0.0060% | 1h | 123.03 | +0.008% | $1.6M | $12.2M | 10x | as long as short |
| GRVT INTC_USDT_Perp | +0.0063% | 8h | 123.04 | +0.013% | $922K | $1.4M | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 123.04 | +0.016% | $48K | $261K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 123.01 | −0.008% | $4K | $3K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0114% | 8h | 123.02 | −0.003% | — | — | 5x | as long as short |
| Aevo INTC-PERP | +0.0120% | 1h | 123.03 | +0.010% | $50K | — | 10x | as long as short |
| Variational Omni INTC | +0.0127% | 8h | 123.05 | +0.027% | $2.1M | $2.5M | — | as long as short |
| Polymarket Perps INTC-USD | +0.0130% | 1h | 123.04 | +0.016% | $212K | $480K | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0144% | 1h | 123.00 | −0.016% | $262K | $836K | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0160% | 1h | 123.03 | +0.010% | $345K | $1.8M | 10x | as long as short |
| Binance INTCUSDT | +0.0163% | 8h | 123.07 | +0.039% | $72.7M | $399.8M | 25x | as long as short |
| KuCoin INTCUSDTM | +0.0193% | 8h | 123.08 | +0.049% | $1.1M | $104K | 20x | as long as short |
| BloFin INTC-USDT | +0.0282% | 8h | 123.09 | +0.057% | $926K | $306K | 25x | as long as short |
| Lighter INTC | +0.0304% | 1h | 123.04 | +0.020% | $1.5M | $2.1M | 10x | as long as short |
| Phoenix INTClong | +0.0324% | 1h | 123.02 | long leg | $47K | $265K | 10x | |
| tradeXYZ xyz:INTCshort | +0.0339% | 1h | 123.04 | +0.016% | $147.2M | $69.0M | 10x | |
| Deribit INTC_USDC-PERPETUAL | +0.0401% | 1h | 122.98 | −0.033% | $21K | $107K | 10x | as long as short |
| RISEx INTC/USDC | +0.0415% | 1h | 123.07 | +0.040% | $347K | $368K | 10x | as long as short |
| edgeX INTCUSDC | +0.0449% | 4h | 123.01 | −0.006% | $87K | $295K | 10x | as long as short |
Phoenix INTC
tradeXYZ xyz:INTC
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
Phemex INTCUSDT
Lighter RH INTC
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
SoDEX INTC-USD
OKX INTC-USDT-SWAP
GRVT INTC_USDT_Perp
ApeX Omni INTCUSDT
Paradex INTC-USD-PERP
Variational Omni INTC
Polymarket Perps INTC-USD
Coinbase International INTC-PERP-INTX
Extended INTC_24_5-USD
Binance INTCUSDT
KuCoin INTCUSDTM
BloFin INTC-USDT
Lighter INTC
Deribit INTC_USDC-PERPETUAL
RISEx INTC/USDC
edgeX INTCUSDC