Funding you earn now, next payment 00:00 UTC−0.0259%/8h= −28.3% APRpaid last 24h −0.065%
Price spread now: Coinbase International against BloFin−0.321%58s7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.326% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 3 days (all we have)+0.332%+$33 · spread now −0.321%, 7d avg −0.109%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Coinbase International is 0.213% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.109%). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin INTC-USDT | 124.42 | 0.0275 | pay 0.0275% / 8h | 7h 47m | $916K | $318K | 25x |
| Short | Coinbase International INTC-PERP-INTX | 124.02 | 0.0016 | get 0.0002% / 1h | 47m 23s | $263K | $1.1M | 10x |
BloFin INTC-USDT
Coinbase International INTC-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- −$54.34
- Price spread: −0.321% → −0.109%
- −$21.29
- Slippage, 4 orders
- −$10.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$108.25
- Costs to cover
- 0.326%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 25 min ago; Coinbase International: live order book, 1 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 BloFin live order book, 25 min ago | 0.81 bp | 7.8 bp −$8 | 11.0 bp −$110 | 20.0 bp −$1,999 | 53.2 bp −$26.6K |
| Sell Coinbase International live order book, 1 min ago | 3.61 bp | 8.6 bp −$9 | 12.0 bp −$120 | 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 | 124.39 | −0.024% | $319K | $517K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 124.60 | +0.145% | $13.4M | $28.6M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 124.65 | +0.185% | $8.7M | $30.4M | 75x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 124.69 | +0.217% | $1.7M | $51K | 10x | as long as short |
| Nado INTC-PERP | +0.0006% | 1h | 124.53 | +0.085% | $171K | $241K | 10x | as long as short |
| Coinbase International INTC-PERP-INTXshort | +0.0016% | 1h | 124.02 | −0.321% | $263K | $1.1M | 10x | |
| OKX INTC-USDT-SWAP | +0.0027% | 8h | 124.59 | +0.137% | $18.8M | $68.8M | 25x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 124.59 | +0.137% | $618K | $2.8M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −2.475% | $213 | $22K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0039% | 1h | 124.38 | −0.035% | $2K | $53K | 10x | as long as short |
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Phemex INTCUSDT
Nado INTC-PERP
OKX INTC-USDT-SWAP
Lighter RH INTC
Injective INTC/USDC PERP
Aftermath Perps INTCUSDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest INTC-USD-PERP | +0.0046% | 1h | 124.80 | +0.305% | — | $1.5M | 25x | as long as short |
| QFEX INTC-USD | +0.0050% | 1h | 124.56 | +0.113% | $1.9M | $14.9M | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 124.41 | −0.008% | $1.3M | $2.2M | 10x | as long as short |
| Variational Omni INTC | +0.0095% | 8h | 124.31 | −0.092% | $2.2M | $2.5M | — | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 124.58 | +0.129% | $5K | $3K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0109% | 8h | 124.59 | +0.136% | — | — | 5x | as long as short |
| Aevo INTC-PERP | +0.0120% | 1h | 124.65 | +0.186% | $50K | — | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0160% | 1h | 124.54 | +0.100% | $355K | $1.3M | 10x | as long as short |
| Binance INTCUSDT | +0.0166% | 8h | 124.67 | +0.198% | $72.8M | $404.3M | 25x | as long as short |
| SoDEX INTC-USD | +0.0180% | 1h | 124.55 | +0.104% | $28K | $4K | 10x | as long as short |
| Phoenix INTC | +0.0258% | 1h | 124.56 | +0.113% | $48K | $256K | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0266% | 1h | 124.34 | −0.064% | $46K | $258K | 50x | as long as short |
| KuCoin INTCUSDTM | +0.0266% | 8h | 124.47 | +0.040% | $1.3M | $57K | 20x | as long as short |
| BloFin INTC-USDTlong | +0.0275% | 8h | 124.42 | long leg | $916K | $318K | 25x | |
| Arcus INTC-USD | +0.0296% | 1h | 124.41 | −0.008% | $96K | $307K | 10x | as long as short |
| Lighter INTC | +0.0296% | 1h | 124.65 | +0.186% | $1.5M | $1.7M | 10x | as long as short |
| edgeX INTCUSDC | +0.0300% | 4h | 124.39 | −0.028% | $88K | $290K | 10x | as long as short |
| Bitget INTCUSDT | +0.0350% | 8h | 124.66 | +0.193% | $25.8M | $33.5M | 50x | as long as short |
| Deribit INTC_USDC-PERPETUAL | +0.0392% | 1h | 124.68 | +0.209% | $21K | $107K | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0412% | 1h | 124.60 | +0.145% | $214K | $468K | 10x | as long as short |
| RISEx INTC/USDC | +0.0427% | 1h | 124.61 | +0.153% | $345K | $379K | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0493% | 1h | 124.60 | +0.145% | $148.7M | $74.4M | 10x | as long as short |
| GRVT INTC_USDT_Perp | +0.0651% | 8h | 124.41 | −0.008% | $932K | $1.4M | 10x | as long as short |
Vest INTC-USD-PERP
QFEX INTC-USD
Ondo Perps INTC-USD.P
Variational Omni INTC
Orderly PERP_INTC_USDC_mythos
Paradex INTC-USD-PERP
Aevo INTC-PERP
Extended INTC_24_5-USD
Binance INTCUSDT
SoDEX INTC-USD
Phoenix INTC
ApeX Omni INTCUSDT
KuCoin INTCUSDTM
Arcus INTC-USD
Lighter INTC
edgeX INTCUSDC
Bitget INTCUSDT
Deribit INTC_USDC-PERPETUAL
Polymarket Perps INTC-USD
RISEx INTC/USDC
tradeXYZ xyz:INTC
GRVT INTC_USDT_Perp