Funding arb · Price arb /

INTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0055%/8h= −6.1% APRpaid last 24h −0.041%

Price spread now: QFEX against Variational Omni+0.178%7-day average −0.030% · you sell dearer than you buy

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

Long on Variational Omni Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.039%−$4 on $10k

Price spread, last 7 days−0.186%−$19 · spread now +0.178%, 7d avg −0.030%

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

The price spread pays, funding is against you. QFEX is 0.209% dearer against Variational Omni than usual: you sell high and buy low (spread +0.178% now, against its 7-day average of −0.030%): +$21 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni INTC	122.81	0.0113	pay 0.0113% / 8h	5h 36m	$2.1M	$2.5M	—
Short	QFEX INTC-USD	123.03	0.0057	get 0.0007% / 1h	36m 28s	$1.6M	$12.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.178%Rate

Funding earned: −$11.64
Price spread: +0.178% → −0.030%: $20.87
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$0.76
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; QFEX: live order book, 8 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	2.48 bp	doesn't fit	9.6 bp −$96	doesn't fit	doesn't fit
Sell QFEX live order book, 8 min ago	1.63 bp	6.6 bp −$7	7.8 bp −$78	12.1 bp −$1,211	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	−0.0114%	1h	122.95	+0.110%	$172K	$286K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	122.95	+0.110%	$306K	$524K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.01	+0.162%	$13.3M	$28.3M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.02	+0.170%	$8.6M	$30.2M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	123.10	+0.235%	$25.4M	$32.1M	50x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	122.94	+0.105%	$21K	$107K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.07	+0.211%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	123.03	+0.178%	$649K	$2.8M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0032%	8h	123.00	+0.154%	$18.6M	$67.6M	25x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.198%	$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
GRVT INTC_USDT_Perp	+0.0035%	8h	123.00	+0.150%	$921K	$1.4M	10x	as long as short
Arcus INTC-USD	+0.0040%	1h	122.92	+0.089%	$93K	$308K	10x	as long as short
Aftermath Perps INTCUSD	+0.0041%	1h	122.92	+0.091%	$2K	$52K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	122.97	+0.129%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.03	+0.179%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	122.95	+0.113%	$1.3M	$2.2M	10x	as long as short
QFEX INTC-USDshort	+0.0057%	1h	123.03	+0.178%	$1.6M	$12.7M	10x
ApeX Omni INTCUSDT	+0.0100%	1h	123.07	+0.211%	$45K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.01	+0.162%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0108%	8h	123.01	+0.162%	—	—	5x	as long as short
Variational Omni INTClong	+0.0113%	8h	122.81	long leg	$2.1M	$2.5M	—
Aevo INTC-PERP	+0.0120%	1h	123.02	+0.167%	$50K	—	10x	as long as short
Extended INTC_24_5-USD	+0.0152%	1h	123.03	+0.175%	$341K	$1.8M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0152%	1h	122.57	−0.196%	$258K	$925K	10x	as long as short
Binance INTCUSDT	+0.0154%	8h	123.04	+0.186%	$72.5M	$400.0M	25x	as long as short
Polymarket Perps INTC-USD	+0.0163%	1h	123.04	+0.186%	$212K	$481K	10x	as long as short
KuCoin INTCUSDTM	+0.0177%	8h	122.97	+0.129%	$1.1M	$104K	20x	as long as short
Phoenix INTC	+0.0261%	1h	122.97	+0.129%	$47K	$265K	10x	as long as short
RISEx INTC/USDC	+0.0264%	1h	123.07	+0.213%	$347K	$381K	10x	as long as short
BloFin INTC-USDT	+0.0273%	8h	123.08	+0.219%	$921K	$305K	25x	as long as short
tradeXYZ xyz:INTC	+0.0282%	1h	123.03	+0.178%	$147.0M	$68.4M	10x	as long as short
Lighter INTC	+0.0368%	1h	123.08	+0.216%	$1.5M	$2.0M	10x	as long as short
edgeX INTCUSDC	+0.0650%	4h	122.81	+0.003%	$87K	$291K	10x	as long as short