Funding you earn now, next payment 08:00 UTC−0.0077%/8h= −8.4% APRnext payment −$0.77 per $10,000 · paid last 24h −0.069%
Price spread now: Phemex against Binance−0.032%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1011.015% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.032%, 7d avg −0.003%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Phemex is 0.029% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INTCUSDT | 120.50 | 0.0077 | pay 0.0077% / 8h | 1h 51m | $69.9M | $397.4M | 25x |
| Short | Phemex INTCUSDT | 120.46 | 0 | get 0.0000% / 8h | 1h 51m | $1.7M | $50K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$16.19
- Price spread: −0.032% → −0.003%
- −$2.94
- Slippage, 4 orders
- −$79.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$120.59
- Costs to cover
- 1.015%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Phemex: live order book, 2 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 Binance live order book, 7 min ago | 0.83 bp | 6.4 bp −$6 | 9.8 bp −$98 | 29.0 bp −$2,896 | 196.6 bp −$98.3K |
| Sell Phemex live order book, 2 min ago | 3.32 bp | 43.3 bp −$43 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget INTCUSDT | −0.0895% | 8h | 120.68 | +0.150% | $25.2M | $32.3M | 50x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 120.53 | +0.027% | $299K | $544K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 120.50 | +0.001% | $12.9M | $28.7M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 120.51 | +0.009% | $8.1M | $30.5M | 75x | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 120.62 | +0.101% | $903K | $1.4M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 120.38 | −0.099% | $20K | $108K | 10x | as long as short |
| Phemex INTCUSDTshort | 0.0000% | 8h | 120.46 | −0.032% | $1.7M | $50K | 10x | |
| Lighter RH INTC | +0.0032% | 1h | 120.51 | +0.009% | $666K | $2.8M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +0.698% | $213 | $22K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0034% | 1h | 120.56 | +0.051% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni INTC | +0.0035% | 8h | 120.58 | +0.071% | $2.1M | $2.5M | — | as long as short |
| OKX INTC-USDT-SWAP | +0.0036% | 8h | 120.51 | +0.009% | $18.0M | $67.6M | 25x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 120.50 | +0.001% | $91K | $307K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 120.42 | −0.065% | — | $1.5M | 25x | as long as short |
| QFEX INTC-USD | +0.0047% | 1h | 120.55 | +0.043% | $1.3M | $10.5M | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 120.44 | −0.049% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 120.37 | −0.107% | $1.2M | $2.4M | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0076% | 1h | 120.51 | +0.009% | $215K | $516K | 10x | as long as short |
| Binance INTCUSDTlong | +0.0077% | 8h | 120.50 | long leg | $69.9M | $397.4M | 25x | |
| Extended INTC_24_5-USD | +0.0080% | 1h | 120.42 | −0.066% | $336K | $1.9M | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0089% | 8h | 120.46 | −0.030% | — | — | 5x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 120.80 | +0.250% | $47K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 120.45 | −0.040% | $4K | $3K | 10x | as long as short |
| Aevo INTC-PERP | +0.0104% | 1h | 120.44 | −0.053% | $49K | — | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0112% | 8h | 120.53 | +0.026% | $1.1M | $105K | 20x | as long as short |
| edgeX INTCUSDC | +0.0115% | 4h | 120.58 | +0.071% | $86K | $294K | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0128% | 1h | 120.27 | −0.190% | $242K | $835K | 10x | as long as short |
| Nado INTC-PERP | +0.0154% | 1h | 120.48 | −0.013% | $157K | $288K | 10x | as long as short |
| Lighter INTC | +0.0184% | 1h | 120.52 | +0.015% | $1.4M | $1.9M | 10x | as long as short |
| BloFin INTC-USDT | +0.0198% | 8h | 120.51 | +0.009% | $891K | $309K | 25x | as long as short |
| Phoenix INTC | +0.0199% | 1h | 120.81 | +0.258% | $47K | $239K | 10x | as long as short |
| RISEx INTC/USDC | +0.0239% | 1h | 120.58 | +0.069% | $315K | $322K | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0247% | 1h | 120.48 | −0.016% | $144.1M | $63.6M | 10x | as long as short |
Binance INTCUSDT
Phemex INTCUSDT
Bitget INTCUSDT
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
GRVT INTC_USDT_Perp
Deribit INTC_USDC-PERPETUAL
Lighter RH INTC
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
Variational Omni INTC
OKX INTC-USDT-SWAP
SoDEX INTC-USD
Polymarket Perps INTC-USD
Extended INTC_24_5-USD
Paradex INTC-USD-PERP
ApeX Omni INTCUSDT
KuCoin INTCUSDTM
edgeX INTCUSDC
Coinbase International INTC-PERP-INTX
Lighter INTC
BloFin INTC-USDT
Phoenix INTC
RISEx INTC/USDC
tradeXYZ xyz:INTC