Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0129%/8h= −14.1% APRpaid last 24h −0.092%

Price spread now: QFEX against BloFin−0.041%7-day average −0.041% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$320.316% of the position

Long on BloFin Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.207%−$21 on $10k

Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.041%, 7d avg −0.041%

Together, before fees−0.206%−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin INTC-USDT	121.16	0.0168	pay 0.0168% / 8h	34m 17s	$895K	$309K	25x
Short	QFEX INTC-USD	121.11	0.0039	get 0.0005% / 1h	34m 17s	$1.3M	$10.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.041%Rate

Funding earned: −$27.09
Price spread: −0.041% → −0.041%: −$0.04
Slippage, 4 orders: −$9.6
Fee BloFin: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$58.74
Costs to cover: 0.316%
Break-even: never at this rate

Slippage from BloFin: live order book, 48 min ago; QFEX: live order book, 5 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, 48 min ago	2.07 bp	10.2 bp −$10	11.9 bp −$119	21.2 bp −$2,122	doesn't fit
Sell QFEX live order book, 5 min ago	1.65 bp	6.7 bp −$7	6.7 bp −$67	11.7 bp −$1,169	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	−0.0451%	8h	121.27	+0.091%	$25.3M	$32.5M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	121.12	−0.033%	$426K	$669K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	121.10	−0.050%	$12.9M	$28.8M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	121.14	−0.017%	$8.2M	$31.1M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	121.17	+0.005%	$908K	$1.5M	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	121.10	−0.050%	$1.7M	$49K	10x	as long as short
Variational Omni INTC	+0.0009%	8h	121.11	−0.044%	$2.0M	$2.5M	—	as long as short
OKX INTC-USDT-SWAP	+0.0011%	8h	121.09	−0.058%	$18.1M	$67.9M	25x	as long as short
Aftermath Perps INTCUSD	+0.0032%	1h	121.13	−0.022%	$2K	$55K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	121.09	−0.058%	$671K	$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	+0.149%	$213	$22K	12x	as long as short
QFEX INTC-USDshort	+0.0039%	1h	121.11	−0.041%	$1.3M	$10.1M	10x
Arcus INTC-USD	+0.0040%	1h	121.12	−0.033%	$91K	$308K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	121.09	−0.058%	—	$1.5M	25x	as long as short
Extended INTC_24_5-USD	+0.0048%	1h	121.09	−0.056%	$334K	$1.9M	10x	as long as short
Binance INTCUSDT	+0.0049%	8h	121.09	−0.058%	$69.5M	$399.0M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	121.09	−0.058%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	121.10	−0.050%	$1.2M	$2.5M	10x	as long as short
Polymarket Perps INTC-USD	+0.0051%	1h	121.12	−0.033%	$217K	$555K	10x	as long as short
Nado INTC-PERP	+0.0052%	1h	121.06	−0.080%	$157K	$298K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0056%	1h	120.15	−0.834%	$240K	$816K	10x	as long as short
Paradex INTC-USD-PERP	+0.0074%	8h	121.10	−0.050%	—	—	5x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0081%	1h	121.05	−0.091%	$20K	$110K	10x	as long as short
Aevo INTC-PERP	+0.0096%	1h	121.12	−0.032%	$49K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	121.14	−0.017%	$47K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	121.10	−0.050%	$4K	$3K	10x	as long as short
KuCoin INTCUSDTM	+0.0110%	8h	121.14	−0.017%	$1.1M	$106K	20x	as long as short
BloFin INTC-USDTlong	+0.0168%	8h	121.16	long leg	$895K	$309K	25x
Lighter INTC	+0.0176%	1h	121.11	−0.040%	$1.4M	$1.8M	10x	as long as short
Phoenix INTC	+0.0198%	1h	121.21	+0.041%	$47K	$236K	10x	as long as short
tradeXYZ xyz:INTC	+0.0200%	1h	121.12	−0.033%	$144.7M	$60.5M	10x	as long as short
RISEx INTC/USDC	+0.0230%	1h	121.18	+0.017%	$318K	$324K	10x	as long as short
edgeX INTCUSDC	+0.0984%	4h	121.17	+0.012%	$86K	$295K	10x	as long as short