Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0360%/8hpaid last 24h +0.051%

Price spread now: Lighter against Bybit+0.023%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs+$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$200.205% of the position

Long on Bybit Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.306%+$31 on $10k

Price spread, last 7 days−0.034%−$3 · spread now +0.023%, 7d avg −0.013%

Together, before fees+0.271%+ Points / potential airdropLighter: Season 3 · farm board+$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Lighter is 0.036% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit INTCUSDT	121.98	0	get 0.0000% / 8h	4h 23m	$13.5M	$28.8M	50x
Short	Lighter INTC	122.01	0.0360	get 0.0045% / 1h	23m 27s	$1.5M	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.023%Rate

Funding earned: $75.6
Price spread: +0.023% → −0.013%: $3.55
Slippage, 4 orders: −$9.48
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Lighter: 0 bp × 2 orders: $0
Net: $58.68
Costs to cover: 0.205%
Break-even: 1.6 days

Slippage from Bybit: live order book, 9 min ago; Lighter: live order book, 7 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 Bybit live order book, 9 min ago	1.23 bp	7.9 bp −$8	12.3 bp −$123	89.7 bp −$8,972	doesn't fit
Sell Lighter live order book, 7 min ago	1.11 bp	1.1 bp −$1	2.7 bp −$27	28.1 bp −$2,807	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	121.89	−0.070%	$304K	$469K	20x	as long as short
Extended INTC_24_5-USD	0.0000%	1h	121.96	−0.014%	$325K	$1.1M	10x	as long as short
Binance INTCUSDT	0.0000%	8h	121.96	−0.016%	$72.9M	$405.0M	25x	as long as short
Bybit INTCUSDTlong	0.0000%	8h	121.98	long leg	$13.5M	$28.8M	50x
OKX INTC-USDT-SWAP	0.0000%	8h	121.93	−0.041%	$18.4M	$67.7M	25x	as long as short
Gate INTC_USDT	0.0000%	8h	121.96	−0.016%	$8.9M	$32.0M	75x	as long as short
Variational Omni INTC	0.0000%	8h	121.67	−0.251%	$2.0M	$2.4M	—	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	121.78	−0.161%	$912K	$1.8M	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	121.92	−0.049%	$1.7M	$51K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	121.95	−0.025%	$629K	$3.1M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest INTC-USD-PERP	+0.0046%	1h	121.99	+0.008%	—	$1.4M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	121.96	−0.016%	$204K	$366K	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	121.94	−0.029%	$27K	$3K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	121.82	−0.131%	$1.2M	$2.2M	10x	as long as short
QFEX INTC-USD	+0.0057%	1h	121.96	−0.016%	$2.1M	$14.7M	10x	as long as short
Paradex INTC-USD-PERP	+0.0062%	8h	121.95	−0.027%	—	—	5x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0078%	1h	121.91	−0.057%	$20K	$179K	10x	as long as short
Aevo INTC-PERP	+0.0080%	1h	121.91	−0.057%	$49K	—	10x	as long as short
KuCoin INTCUSDTM	+0.0100%	8h	121.90	−0.066%	$1.2M	$61K	20x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	121.68	−0.246%	$46K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	121.92	−0.049%	$4K	$3K	10x	as long as short
BloFin INTC-USDT	+0.0120%	8h	121.76	−0.180%	$873K	$309K	25x	as long as short
Nado INTC-PERP	+0.0183%	1h	121.78	−0.168%	$172K	$202K	10x	as long as short
Bitget INTCUSDT	+0.0192%	8h	121.98	0.000%	$25.5M	$33.1M	50x	as long as short
RISEx INTC/USDC	+0.0193%	1h	121.98	+0.002%	$330K	$386K	10x	as long as short
Phoenix INTC	+0.0198%	1h	121.48	−0.410%	$47K	$287K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0208%	1h	121.73	−0.205%	$323K	$1.0M	10x	as long as short
tradeXYZ xyz:INTC	+0.0216%	1h	121.94	−0.033%	$144.5M	$83.7M	10x	as long as short
Injective INTC/USDC PERP	+0.0220%	1h	121.34	−0.525%	$213	$32K	12x	as long as short
Aftermath Perps INTCUSD	+0.0274%	1h	121.55	−0.350%	$2K	$53K	10x	as long as short
Arcus INTC-USD	+0.0291%	1h	121.90	−0.066%	$138K	$268K	10x	as long as short
Lighter INTCshort	+0.0360%	1h	122.01	+0.023%	$1.5M	$2.3M	10x
edgeX INTCUSDC	+0.0401%	4h	121.78	−0.168%	$86K	$284K	10x	as long as short