Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.026%

Price spread now: Injective against Bybit−1.173%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.261%−$26 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Injective is 1.173% cheaper against Bybit than usual: you would sell low and buy high (spread −1.173% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$117 on $10k: about 4 months of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.261%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit INTCUSDT	122.78	0	get 0.0000% / 8h	6h 17m	$13.3M	$28.4M	50x
Short	Injective INTC/USDC PERP	121.34	0.0033	get 0.0004% / 1h	17m 16s	$213	$22K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Bybit. 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 BybitbpFee InjectivebpOrdersPrice spread, now −1.173%Rate

Funding earned: $7
Price spread: −1.173% → 0.000%: −$117.28
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$121.3
Costs to cover: 0.110%
Break-even: 128.3 days

Slippage unknown: Bybit: live order book, 1 min ago; Injective: no order-book sample. 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 Bybit live order book, 1 min ago	0.81 bp	9.2 bp −$9	13.6 bp −$136	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

INTC on 32 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	122.80	+0.016%	$306K	$524K	20x	as long as short
Bybit INTCUSDTlong	0.0000%	8h	122.78	long leg	$13.3M	$28.4M	50x
Gate INTC_USDT	0.0000%	8h	122.76	−0.016%	$8.5M	$30.3M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	122.83	+0.041%	$25.4M	$32.3M	50x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	122.73	−0.038%	$919K	$1.4M	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	122.75	−0.024%	$1.7M	$50K	10x	as long as short
Nado INTC-PERP	0.0000%	1h	122.66	−0.096%	$172K	$282K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0017%	8h	122.75	−0.024%	$18.5M	$67.1M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	122.75	−0.024%	$618K	$2.8M	10x	as long as short
Injective INTC/USDC PERPshort	+0.0033%	1h	121.34	−1.173%	$213	$22K	12x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps INTCUSD	+0.0040%	1h	122.72	−0.052%	$2K	$53K	10x	as long as short
Arcus INTC-USD	+0.0040%	1h	122.70	−0.065%	$93K	$308K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	122.67	−0.090%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	122.75	−0.029%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	122.62	−0.130%	$1.3M	$2.2M	10x	as long as short
QFEX INTC-USD	+0.0055%	1h	122.79	+0.008%	$1.7M	$13.1M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0064%	1h	122.71	−0.057%	$259K	$1.0M	10x	as long as short
Polymarket Perps INTC-USD	+0.0089%	1h	122.76	−0.016%	$211K	$478K	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	122.63	−0.122%	$45K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	122.75	−0.024%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0100%	8h	122.78	+0.001%	—	—	5x	as long as short
Variational Omni INTC	+0.0103%	8h	122.67	−0.088%	$2.1M	$2.5M	—	as long as short
Aevo INTC-PERP	+0.0120%	1h	122.75	−0.025%	$49K	—	10x	as long as short
Extended INTC_24_5-USD	+0.0144%	1h	122.75	−0.026%	$338K	$1.8M	10x	as long as short
Binance INTCUSDT	+0.0145%	8h	122.80	+0.016%	$72.3M	$401.8M	25x	as long as short
Phoenix INTC	+0.0194%	1h	122.67	−0.090%	$47K	$245K	10x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0239%	1h	122.70	−0.065%	$21K	$107K	10x	as long as short
tradeXYZ xyz:INTC	+0.0247%	1h	122.73	−0.041%	$146.4M	$69.5M	10x	as long as short
KuCoin INTCUSDTM	+0.0252%	8h	122.79	+0.008%	$1.2M	$55K	20x	as long as short
Lighter INTC	+0.0336%	1h	122.78	−0.002%	$1.5M	$2.0M	10x	as long as short
RISEx INTC/USDC	+0.0423%	1h	122.79	+0.010%	$347K	$384K	10x	as long as short
edgeX INTCUSDC	+0.0851%	4h	122.68	−0.083%	$87K	$292K	10x	as long as short