Funding arb · Price arb /

INTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0047%/8h= −5.1% APRpaid last 24h −0.017%

Price spread now: Gate against QFEX+0.142%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$360.363% of the position

Long on QFEX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.113%+$11 on $10k

Price spread, last 7 days−0.052%−$5 · spread now +0.142%, 7d avg +0.048%

Together, before fees+0.061%+$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.094% dearer against QFEX than usual: you sell high and buy low (spread +0.142% now, against its 7-day average of +0.048%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.7 days. Mind the row above: over the last 4 days funding on this pair paid +0.113%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX INTC-USD	120.08	0.0047	pay 0.0006% / 1h	34m 01s	$1.3M	$10.2M	10x
Short	Gate INTC_USDT	120.25	0	get 0.0000% / 8h	1h 34m	$8.0M	$30.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against QFEX. 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

Position, each leg$Hold fordaysFee QFEXbpFee GatebpOrdersPrice spread, now +0.142%Rate

Funding earned: −$9.83
Price spread: +0.142% → +0.048%: $9.38
Slippage, 4 orders: −$11.28
Fee QFEX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$36.73
Costs to cover: 0.363%
Break-even: never at this rate

Slippage from QFEX: live order book, 10 min ago; Gate: live order book, 5 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 QFEX live order book, 10 min ago	1.66 bp	6.7 bp −$7	8.5 bp −$85	13.3 bp −$1,328	doesn't fit
Sell Gate live order book, 5 min ago	1.25 bp	10.2 bp −$10	19.8 bp −$198	44.9 bp −$4,493	91.0 bp −$45.5K

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	−0.1000%	8h	120.41	+0.275%	$25.2M	$32.2M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	120.27	+0.157%	$423K	$668K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	120.25	+0.142%	$12.8M	$28.5M	50x	as long as short
Gate INTC_USDTshort	0.0000%	8h	120.25	+0.142%	$8.0M	$30.7M	75x
GRVT INTC_USDT_Perp	0.0000%	8h	120.27	+0.157%	$901K	$1.4M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	120.09	+0.008%	$20K	$108K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.22	+0.117%	$1.7M	$50K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0021%	8h	120.26	+0.150%	$18.0M	$67.3M	25x	as long as short
Variational Omni INTC	+0.0027%	8h	120.09	+0.012%	$2.1M	$2.5M	—	as long as short
Aftermath Perps INTCUSD	+0.0031%	1h	120.11	+0.028%	$2K	$55K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH INTC	+0.0032%	1h	120.20	+0.100%	$668K	$2.9M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+1.049%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	120.08	0.000%	$91K	$307K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	119.95	−0.108%	—	$1.5M	25x	as long as short
QFEX INTC-USDlong	+0.0047%	1h	120.08	long leg	$1.3M	$10.2M	10x
SoDEX INTC-USD	+0.0050%	1h	120.10	+0.019%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.11	+0.025%	$1.2M	$2.4M	10x	as long as short
Polymarket Perps INTC-USD	+0.0054%	1h	120.12	+0.033%	$215K	$519K	10x	as long as short
Extended INTC_24_5-USD	+0.0064%	1h	120.15	+0.054%	$332K	$972K	10x	as long as short
Binance INTCUSDT	+0.0064%	8h	120.26	+0.150%	$69.7M	$397.6M	25x	as long as short
Paradex INTC-USD-PERP	+0.0083%	8h	120.09	+0.007%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0096%	1h	120.16	+0.064%	$48K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.30	+0.183%	$47K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.12	+0.033%	$4K	$3K	10x	as long as short
KuCoin INTCUSDTM	+0.0105%	8h	120.20	+0.100%	$1.1M	$105K	20x	as long as short
Lighter INTC	+0.0112%	1h	120.21	+0.112%	$1.4M	$1.9M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0128%	1h	120.05	−0.025%	$240K	$836K	10x	as long as short
Nado INTC-PERP	+0.0136%	1h	120.09	+0.006%	$157K	$287K	10x	as long as short
BloFin INTC-USDT	+0.0186%	8h	120.01	−0.058%	$896K	$308K	25x	as long as short
tradeXYZ xyz:INTC	+0.0195%	1h	120.18	+0.083%	$143.8M	$63.1M	10x	as long as short
Phoenix INTC	+0.0199%	1h	120.19	+0.092%	$46K	$239K	10x	as long as short
RISEx INTC/USDC	+0.0239%	1h	120.16	+0.071%	$315K	$320K	10x	as long as short
edgeX INTCUSDC	+0.0340%	4h	120.23	+0.121%	$85K	$295K	10x	as long as short