Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0126%/8h= +13.8% APRpaid last 24h +0.032%

Price spread now: Phoenix against Variational Omni+0.158%7-day average −0.005% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.125%+$13 on $10k

Price spread, last 3 days (all we have)+0.101%+$10 · spread now +0.158%, 7d avg −0.005%

Together, before fees+0.226%+ Points / potential airdropVariational Omni: Active · farm board+$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.163% dearer against Variational Omni than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni INTC	123.71	0.0133	pay 0.0133% / 8h	7h 11m	$2.2M	$2.5M	—
Short	Phoenix INTC	123.91	0.0258	get 0.0032% / 1h	11m 24s	$48K	$256K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Variational Omni. 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 Variational OmnibpFee PhoenixbpOrdersPrice spread, now +0.158%Rate

Funding earned: $26.38
Price spread: +0.158% → −0.005%: $16.31
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $35.69
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Phoenix: live order book, 58 min ago. 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 Variational Omni RFQ quote, 3 min ago	2.46 bp	doesn't fit	12.7 bp −$127	doesn't fit	doesn't fit
Sell Phoenix live order book, 58 min ago	3.23 bp	10.8 bp −$11	22.7 bp −$227	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
Aster INTCUSDT	0.0000%	8h	123.81	+0.075%	$318K	$516K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.63	−0.068%	$13.3M	$28.4M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.68	−0.028%	$8.5M	$30.8M	75x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	123.76	+0.037%	$21K	$107K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.85	+0.109%	$1.7M	$50K	10x	as long as short
Nado INTC-PERP	+0.0005%	1h	123.62	−0.078%	$173K	$248K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0016%	1h	123.86	+0.118%	$264K	$1.0M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0031%	8h	123.69	−0.020%	$18.7M	$67.6M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	123.73	+0.012%	$615K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.919%	$213	$22K	12x	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	+0.0039%	1h	123.79	+0.064%	$2K	$52K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	123.79	+0.061%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.83	+0.089%	$28K	$4K	10x	as long as short
QFEX INTC-USD	+0.0050%	1h	123.70	−0.012%	$1.7M	$13.8M	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.81	+0.077%	$1.3M	$2.2M	10x	as long as short
Paradex INTC-USD-PERP	+0.0095%	8h	123.73	+0.011%	—	—	5x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.85	+0.109%	$46K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.74	+0.021%	$4K	$3K	10x	as long as short
Polymarket Perps INTC-USD	+0.0110%	1h	123.62	−0.076%	$213K	$475K	10x	as long as short
GRVT INTC_USDT_Perp	+0.0125%	8h	124.06	+0.279%	$929K	$1.4M	10x	as long as short
Aevo INTC-PERP	+0.0128%	1h	123.69	−0.021%	$50K	—	10x	as long as short
Variational Omni INTClong	+0.0133%	8h	123.71	long leg	$2.2M	$2.5M	—
Extended INTC_24_5-USD	+0.0176%	1h	123.70	−0.010%	$352K	$1.8M	10x	as long as short
Binance INTCUSDT	+0.0177%	8h	123.69	−0.021%	$72.3M	$401.5M	25x	as long as short
Bitget INTCUSDT	+0.0204%	8h	123.80	+0.069%	$25.6M	$32.5M	50x	as long as short
Phoenix INTCshort	+0.0258%	1h	123.91	+0.158%	$48K	$256K	10x
KuCoin INTCUSDTM	+0.0272%	8h	123.78	+0.053%	$1.2M	$54K	20x	as long as short
tradeXYZ xyz:INTC	+0.0277%	1h	123.66	−0.044%	$147.6M	$70.1M	10x	as long as short
Arcus INTC-USD	+0.0296%	1h	123.86	+0.118%	$95K	$306K	10x	as long as short
BloFin INTC-USDT	+0.0298%	8h	124.04	+0.263%	$914K	$310K	25x	as long as short
Lighter INTC	+0.0304%	1h	123.77	+0.046%	$1.5M	$1.8M	10x	as long as short
RISEx INTC/USDC	+0.0427%	1h	123.71	−0.004%	$342K	$379K	10x	as long as short
edgeX INTCUSDC	+0.0497%	4h	123.98	+0.218%	$88K	$292K	10x	as long as short