Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0175%/8h= −19.2% APRpaid last 24h −0.090%

Price spread now: Deribit against BloFin+0.091%57s7-day average −0.060% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$380.380% of the position

Long on BloFin Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.174%−$17 on $10k

Price spread, last 4 days (all we have)−0.121%−$12 · spread now +0.091%, 7d avg −0.060%

Together, before fees−0.296%−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.151% dearer against BloFin than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of −0.060%): +$15 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.9 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin INTC-USDT	121.23	0.0175	pay 0.0175% / 8h	10m 10s	$902K	$309K	25x
Short	Deribit INTC_USDC-PERPETUAL	121.34	0	get 0.0000% / 1h	10m 10s	$20K	$110K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against BloFin. 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 BloFinbpFee DeribitbpOrdersPrice spread, now +0.091%Rate

Funding earned: −$36.79
Price spread: +0.091% → −0.060%: $15.06
Slippage, 4 orders: −$19.01
Fee BloFin: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$59.74
Costs to cover: 0.380%
Break-even: never at this rate

Slippage from BloFin: live order book, 7 min ago; Deribit: live order book, 28 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, 7 min ago	0.82 bp	11.1 bp −$11	13.0 bp −$130	26.2 bp −$2,620	doesn't fit
Sell Deribit live order book, 28 min ago	0.41 bp	8.8 bp −$9	10.7 bp −$107	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	−0.0317%	8h	121.54	+0.256%	$25.3M	$32.4M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	121.34	+0.087%	$429K	$671K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	121.40	+0.140%	$12.9M	$28.6M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	121.39	+0.132%	$8.3M	$31.3M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	121.31	+0.066%	$909K	$1.5M	10x	as long as short
Deribit INTC_USDC-PERPETUALshort	0.0000%	1h	121.34	+0.091%	$20K	$110K	10x
Phemex INTCUSDT	0.0000%	8h	121.40	+0.140%	$1.7M	$49K	10x	as long as short
Variational Omni INTC	+0.0010%	8h	121.32	+0.074%	$2.0M	$2.5M	—	as long as short
OKX INTC-USDT-SWAP	+0.0020%	8h	121.42	+0.157%	$18.2M	$68.0M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	121.42	+0.157%	$672K	$2.8M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.091%	$213	$22K	12x	as long as short
Aftermath Perps INTCUSD	+0.0039%	1h	121.19	−0.030%	$2K	$54K	10x	as long as short
QFEX INTC-USD	+0.0039%	1h	121.37	+0.115%	$1.3M	$10.0M	10x	as long as short
Arcus INTC-USD	+0.0040%	1h	121.21	−0.016%	$91K	$290K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	121.34	+0.091%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	121.37	+0.119%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	121.07	−0.132%	$1.2M	$2.5M	10x	as long as short
Binance INTCUSDT	+0.0055%	8h	121.41	+0.148%	$69.6M	$397.0M	25x	as long as short
Extended INTC_24_5-USD	+0.0056%	1h	121.38	+0.124%	$334K	$1.9M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0056%	1h	120.92	−0.256%	$245K	$819K	10x	as long as short
Polymarket Perps INTC-USD	+0.0076%	1h	121.40	+0.140%	$217K	$549K	10x	as long as short
Paradex INTC-USD-PERP	+0.0084%	8h	121.34	+0.089%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0096%	1h	121.40	+0.140%	$49K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	121.34	+0.091%	$47K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	121.38	+0.124%	$4K	$3K	10x	as long as short
Nado INTC-PERP	+0.0111%	1h	121.33	+0.080%	$157K	$296K	10x	as long as short
KuCoin INTCUSDTM	+0.0124%	8h	121.33	+0.082%	$1.1M	$114K	20x	as long as short
BloFin INTC-USDTlong	+0.0175%	8h	121.23	long leg	$902K	$309K	25x
Phoenix INTC	+0.0198%	1h	121.23	0.000%	$47K	$236K	10x	as long as short
Lighter INTC	+0.0224%	1h	121.44	+0.171%	$1.4M	$1.9M	10x	as long as short
RISEx INTC/USDC	+0.0230%	1h	121.44	+0.175%	$318K	$316K	10x	as long as short
tradeXYZ xyz:INTC	+0.0288%	1h	121.37	+0.115%	$146.5M	$60.7M	10x	as long as short
edgeX INTCUSDC	+0.0733%	4h	121.20	−0.023%	$86K	$297K	10x	as long as short