Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.021%

Price spread now: Ondo Perps against Bybit−0.141%47s7-day average −0.080% · you buy dearer than you sell

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

Long on Bybit Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 7 days+0.287%+$29 · spread now −0.141%, 7d avg −0.080%

Together, before fees+0.294%+ Points / potential airdropOndo Perps: Active · farm board+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.061% cheaper against Bybit than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of −0.080%). If the spread goes back, that is −$6 on $10k: about 4.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.007% in total) that is about 2 months. The two prices were read 47 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	Bybit INTCUSDT	120.96	0	get 0.0000% / 8h	48m 53s	$12.9M	$28.7M	50x
Short	Ondo Perps INTC-USD.P	120.79	0.0050	get 0.0006% / 1h	48m 53s	$1.2M	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.141%Rate

Funding earned: $10.58
Price spread: −0.141% → −0.080%: −$6.1
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$11.51
Costs to cover: 0.160%
Break-even: 14.6 days

Slippage unknown: Bybit: live order book, 5 min ago; Ondo Perps: 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, 5 min ago	1.24 bp	9.4 bp −$9	14.9 bp −$149	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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 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	−0.0614%	8h	121.08	+0.099%	$25.3M	$32.4M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	121.00	+0.032%	$426K	$669K	20x	as long as short
Bybit INTCUSDTlong	0.0000%	8h	120.96	long leg	$12.9M	$28.7M	50x
Gate INTC_USDT	0.0000%	8h	120.94	−0.017%	$8.3M	$30.5M	75x	as long as short
Variational Omni INTC	0.0000%	8h	120.73	−0.189%	$2.0M	$2.5M	—	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	120.77	−0.157%	$905K	$1.5M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	120.88	−0.066%	$20K	$110K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.98	+0.017%	$1.7M	$49K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0010%	8h	120.97	+0.008%	$18.0M	$67.8M	25x	as long as short
Nado INTC-PERP	+0.0027%	1h	120.91	−0.039%	$157K	$294K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps INTCUSD	+0.0030%	1h	120.86	−0.083%	$2K	$55K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	120.93	−0.025%	$671K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.314%	$213	$22K	12x	as long as short
QFEX INTC-USD	+0.0039%	1h	120.83	−0.107%	$1.3M	$10.1M	10x	as long as short
Extended INTC_24_5-USD	+0.0040%	1h	120.93	−0.021%	$335K	$1.5M	10x	as long as short
Arcus INTC-USD	+0.0040%	1h	120.77	−0.157%	$91K	$307K	10x	as long as short
Binance INTCUSDT	+0.0041%	8h	120.97	+0.008%	$69.3M	$398.6M	25x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.82	−0.116%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	120.90	−0.050%	$216K	$553K	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	120.90	−0.049%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.Pshort	+0.0050%	1h	120.79	−0.141%	$1.2M	$2.5M	10x
Coinbase International INTC-PERP-INTX	+0.0056%	1h	120.15	−0.670%	$240K	$818K	10x	as long as short
Paradex INTC-USD-PERP	+0.0072%	8h	120.96	0.000%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0088%	1h	120.94	−0.014%	$49K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.68	−0.231%	$47K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.90	−0.050%	$4K	$3K	10x	as long as short
KuCoin INTCUSDTM	+0.0103%	8h	120.89	−0.058%	$1.1M	$106K	20x	as long as short
BloFin INTC-USDT	+0.0161%	8h	120.98	+0.017%	$898K	$312K	25x	as long as short
Lighter INTC	+0.0168%	1h	120.95	−0.012%	$1.4M	$1.8M	10x	as long as short
tradeXYZ xyz:INTC	+0.0179%	1h	120.92	−0.033%	$143.9M	$61.1M	10x	as long as short
Phoenix INTC	+0.0198%	1h	120.80	−0.132%	$47K	$236K	10x	as long as short
RISEx INTC/USDC	+0.0230%	1h	120.91	−0.045%	$317K	$326K	10x	as long as short
edgeX INTCUSDC	+0.0923%	4h	120.78	−0.153%	$86K	$295K	10x	as long as short