Settings8H · net · $10k
Funding arb · Price arb /

INTC

RWAall INTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.10 per $10,000 · paid last 24h +0.041%
Price spread now: Phoenix against Coinbase International+0.723%72s7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.478% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.090%+$9 on $10k
Price spread, last 4 days (all we have)−0.794%−$79 · spread now +0.723%, 7d avg +0.056%
Together, before fees−0.705%−$70 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phoenix is 0.666% dearer against Coinbase International than usual: you sell high and buy low: +$67 more if the spread goes back to its 7-day average of +0.056%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International INTC-PERP-INTX120.380.0184pay 0.0023% / 1h47m 35s$250K$838K10x
ShortPhoenix INTC121.250.0265get 0.0033% / 1h47m 35s$47K$240K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Coinbase International. 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

Funding earned
$17.1
Price spread: +0.723% → +0.056%
$66.63
Slippage, 4 orders
−$30.83
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$35.89
Costs to cover
0.478%
Break-even
from the start
Slippage from Coinbase International: live order book, 51 min ago; Phoenix: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 51 min ago5.36 bp11.0 bp −$1114.7 bp −$147doesn't fitdoesn't fit
Sell Phoenix live order book, 63 min ago4.09 bp13.2 bp −$1328.8 bp −$288doesn't fitdoesn't fit

INTC on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget INTCUSDT−0.0721%8h121.18+0.665%$25.1M$31.9M50xas long as short
Aster INTCUSDT0.0000%8h121.14+0.627%$300K$543K20xas long as short
Bybit INTCUSDT0.0000%8h121.10+0.598%$12.9M$28.8M50xas long as short
Gate INTC_USDT0.0000%8h121.07+0.573%$8.5M$30.1M75xas long as short
GRVT INTC_USDT_Perp0.0000%8h121.26+0.732%$908K$1.5M10xas long as short
Phemex INTCUSDT0.0000%8h121.16+0.648%$1.7M$50K10xas long as short
Lighter RH INTC+0.0032%1h121.09+0.590%$660K$2.8M10xas long as short
Injective INTC/USDC PERP+0.0033%1h121.34+0.797%$213$22K12xas long as short
Arcus INTC-USD+0.0040%1h121.13+0.623%$92K$307K10xas long as short
Aftermath Perps INTCUSD+0.0041%1h121.15+0.637%$2K$54K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest INTC-USD-PERP+0.0046%1h121.09+0.590%$1.5M25xas long as short
Polymarket Perps INTC-USD+0.0050%1h121.22+0.698%$208K$496K10xas long as short
SoDEX INTC-USD+0.0050%1h121.19+0.669%$27K$4K10xas long as short
Ondo Perps INTC-USD.P+0.0050%1h120.97+0.490%$1.2M$2.4M10xas long as short
QFEX INTC-USD+0.0052%1h121.06+0.565%$1.4M$11.2M10xas long as short
OKX INTC-USDT-SWAP+0.0053%8h121.11+0.606%$18.2M$67.8M25xas long as short
Variational Omni INTC+0.0074%8h121.24+0.718%$2.1M$2.5Mas long as short
Deribit INTC_USDC-PERPETUAL+0.0080%1h121.14+0.631%$20K$107K10xas long as short
Paradex INTC-USD-PERP+0.0097%8h121.07+0.576%5xas long as short
ApeX Omni INTCUSDT+0.0100%1h121.16+0.648%$47K$259K50xas long as short
Orderly PERP_INTC_USDC_mythos+0.0100%8h121.18+0.665%$4K$3K10xas long as short
Nado INTC-PERP+0.0103%1h121.03+0.542%$160K$288K10xas long as short
Extended INTC_24_5-USD+0.0104%1h121.07+0.575%$336K$1.9M10xas long as short
Binance INTCUSDT+0.0108%8h121.11+0.602%$70.7M$400.1M25xas long as short
Aevo INTC-PERP+0.0112%1h121.20+0.682%$49K10xas long as short
KuCoin INTCUSDTM+0.0139%8h121.13+0.623%$1.1M$107K20xas long as short
Lighter INTC+0.0168%1h121.08+0.584%$1.4M$2.0M10xas long as short
Coinbase International INTC-PERP-INTXlong+0.0184%1h120.38long leg$250K$838K10x
RISEx INTC/USDC+0.0215%1h121.13+0.626%$316K$354K10xas long as short
BloFin INTC-USDT+0.0228%8h121.14+0.631%$904K$307K25xas long as short
tradeXYZ xyz:INTC+0.0253%1h121.06+0.565%$144.9M$65.8M10xas long as short
Phoenix INTCshort+0.0265%1h121.25+0.723%$47K$240K10x
edgeX INTCUSDC+0.0993%4h121.18+0.662%$86K$295K10xas long as short