Settings8H · net · $10k
Funding arb · Price arb /

INTC

RWAall INTC markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix INTC123.020.0324pay 0.0041% / 1h12m 35s$47K$265K10x
ShorttradeXYZ xyz:INTC123.040.0339get 0.0042% / 1h12m 35s$147.2M$69.0M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 43 min ago2.43 bp10.8 bp −$1122.7 bp −$227doesn't fitdoesn't fit
Sell tradeXYZ live order book, 6 min ago0.41 bp10.0 bp −$1012.7 bp −$127doesn't fitdoesn't fit

INTC on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado INTC-PERP−0.0059%1h122.93−0.070%$172K$282K10xas long as short
Aster INTCUSDT0.0000%8h123.07+0.043%$307K$522K20xas long as short
Bybit INTCUSDT0.0000%8h123.04+0.016%$13.1M$28.5M50xas long as short
Gate INTC_USDT0.0000%8h123.020.000%$8.6M$30.2M75xas long as short
Bitget INTCUSDT0.0000%8h123.10+0.065%$25.4M$32.0M50xas long as short
Phemex INTCUSDT0.0000%8h123.05+0.024%$1.7M$50K10xas long as short
Lighter RH INTC+0.0032%1h123.04+0.016%$669K$2.9M10xas long as short
Injective INTC/USDC PERP+0.0033%1h121.34−1.366%$213$22K12xas long as short
Arcus INTC-USD+0.0040%1h123.00−0.016%$93K$307K10xas long as short
Aftermath Perps INTCUSD+0.0043%1h123.02+0.004%$2K$52K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest INTC-USD-PERP+0.0046%1h122.97−0.041%$1.5M25xas long as short
SoDEX INTC-USD+0.0050%1h123.01−0.007%$27K$4K10xas long as short
Ondo Perps INTC-USD.P+0.0050%1h122.83−0.154%$1.3M$2.1M10xas long as short
OKX INTC-USDT-SWAP+0.0059%8h123.06+0.033%$18.8M$67.5M25xas long as short
QFEX INTC-USD+0.0060%1h123.03+0.008%$1.6M$12.2M10xas long as short
GRVT INTC_USDT_Perp+0.0063%8h123.04+0.013%$922K$1.4M10xas long as short
ApeX Omni INTCUSDT+0.0100%1h123.04+0.016%$48K$261K50xas long as short
Orderly PERP_INTC_USDC_mythos+0.0100%8h123.01−0.008%$4K$3K10xas long as short
Paradex INTC-USD-PERP+0.0114%8h123.02−0.003%5xas long as short
Aevo INTC-PERP+0.0120%1h123.03+0.010%$50K10xas long as short
Variational Omni INTC+0.0127%8h123.05+0.027%$2.1M$2.5Mas long as short
Polymarket Perps INTC-USD+0.0130%1h123.04+0.016%$212K$480K10xas long as short
Coinbase International INTC-PERP-INTX+0.0144%1h123.00−0.016%$262K$836K10xas long as short
Extended INTC_24_5-USD+0.0160%1h123.03+0.010%$345K$1.8M10xas long as short
Binance INTCUSDT+0.0163%8h123.07+0.039%$72.7M$399.8M25xas long as short
KuCoin INTCUSDTM+0.0193%8h123.08+0.049%$1.1M$104K20xas long as short
BloFin INTC-USDT+0.0282%8h123.09+0.057%$926K$306K25xas long as short
Lighter INTC+0.0304%1h123.04+0.020%$1.5M$2.1M10xas long as short
Phoenix INTClong+0.0324%1h123.02long leg$47K$265K10x
tradeXYZ xyz:INTCshort+0.0339%1h123.04+0.016%$147.2M$69.0M10x
Deribit INTC_USDC-PERPETUAL+0.0401%1h122.98−0.033%$21K$107K10xas long as short
RISEx INTC/USDC+0.0415%1h123.07+0.040%$347K$368K10xas long as short
edgeX INTCUSDC+0.0449%4h123.01−0.006%$87K$295K10xas long as short