INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0264%/8h= +28.9% APRnext payment +$0.33 per $10,000 · paid last 24h +0.065%

Price spread now: Phoenix against QFEX−0.032%7-day average +0.005% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$350.349% of the position

Long on QFEX Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.177%+$18 on $10k

Price spread, last 4 days (all we have)+0.425%+$42 · spread now −0.032%, 7d avg +0.005%

Together, before fees+0.602%+$60 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.037% cheaper against QFEX than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.005%). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX INTC-USD	123.10	0.0060	pay 0.0008% / 1h	41m 27s	$1.6M	$12.3M	10x
Short	Phoenix INTC	123.06	0.0324	get 0.0041% / 1h	41m 27s	$47K	$265K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.032%Rate

Funding earned: $55.44
Price spread: −0.032% → +0.005%: −$3.71
Slippage, 4 orders: −$17.86
Fee QFEX: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $16.87
Costs to cover: 0.349%
Break-even: 4.9 days

Slippage from QFEX: live order book, 8 min ago; Phoenix: live order book, 14 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, 8 min ago	1.63 bp	6.6 bp −$7	6.6 bp −$66	12.2 bp −$1,219	doesn't fit
Sell Phoenix live order book, 14 min ago	2.43 bp	10.8 bp −$11	22.8 bp −$228	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	−0.0068%	1h	123.02	−0.063%	$172K	$283K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	123.03	−0.058%	$306K	$524K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.10	0.000%	$13.1M	$28.4M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.08	−0.016%	$8.6M	$30.2M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	123.16	+0.049%	$25.5M	$32.1M	50x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	123.06	−0.032%	$21K	$107K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.13	+0.024%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	123.11	+0.008%	$663K	$2.9M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.430%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	123.06	−0.032%	$93K	$307K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps INTCUSD	+0.0042%	1h	123.10	−0.001%	$2K	$52K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	123.09	−0.008%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.14	+0.036%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	122.92	−0.146%	$1.3M	$2.2M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0053%	8h	123.10	0.000%	$18.7M	$67.5M	25x	as long as short
GRVT INTC_USDT_Perp	+0.0060%	8h	123.07	−0.022%	$922K	$1.4M	10x	as long as short
QFEX INTC-USDlong	+0.0060%	1h	123.10	long leg	$1.6M	$12.3M	10x
ApeX Omni INTCUSDT	+0.0100%	1h	123.09	−0.008%	$48K	$261K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.08	−0.016%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0109%	8h	123.07	−0.024%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0120%	1h	123.11	+0.008%	$50K	—	10x	as long as short
Polymarket Perps INTC-USD	+0.0120%	1h	123.11	+0.008%	$212K	$485K	10x	as long as short
Variational Omni INTC	+0.0122%	8h	123.06	−0.031%	$2.2M	$2.5M	—	as long as short
Coinbase International INTC-PERP-INTX	+0.0144%	1h	123.13	+0.024%	$262K	$930K	10x	as long as short
Binance INTCUSDT	+0.0159%	8h	123.11	+0.010%	$72.8M	$399.8M	25x	as long as short
Extended INTC_24_5-USD	+0.0160%	1h	123.07	−0.024%	$340K	$1.8M	10x	as long as short
KuCoin INTCUSDTM	+0.0187%	8h	123.14	+0.032%	$1.1M	$104K	20x	as long as short
BloFin INTC-USDT	+0.0280%	8h	123.21	+0.089%	$928K	$306K	25x	as long as short
tradeXYZ xyz:INTC	+0.0296%	1h	123.12	+0.016%	$147.0M	$69.0M	10x	as long as short
Phoenix INTCshort	+0.0324%	1h	123.06	−0.032%	$47K	$265K	10x
Lighter INTC	+0.0344%	1h	123.14	+0.030%	$1.5M	$2.0M	10x	as long as short
RISEx INTC/USDC	+0.0415%	1h	123.15	+0.037%	$348K	$383K	10x	as long as short
edgeX INTCUSDC	+0.0597%	4h	123.17	+0.054%	$87K	$292K	10x	as long as short