Funding you earn now, next payment 06:00 UTC−0.0601%/8h= −65.8% APRpaid last 24h −0.031%
Price spread now: Phoenix against edgeX−0.067%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 7 days−0.675%−$68 on $10k
+Price spread, last 4 days (all we have)+0.273%+$27 · spread now −0.067%, 7d avg −0.008%
=Together, before fees−0.402%+ Points / potential airdropedgeX: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Phoenix is 0.059% cheaper against edgeX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX INTCUSDC | 121.02 | 0.0799 | pay 0.0400% / 4h | 56m 42s | $86K | $294K | 10x |
| Short | Phoenix INTC | 120.94 | 0.0199 | get 0.0025% / 1h | 56m 42s | $47K | $236K | 10x |
edgeX INTCUSDC
Phoenix INTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$126.15
- Price spread: −0.067% → −0.008%
- −$5.95
- Slippage, 4 orders
- −$28.38
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$176.48
- Costs to cover
- 0.444%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 46 min ago; Phoenix: live order book, 43 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 edgeX live order book, 46 min ago | 5.82 bp | 11.1 bp −$11 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 43 min ago | 3.33 bp | 11.1 bp −$11 | 24.3 bp −$243 | doesn't fit | 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 | −0.0639% | 8h | 120.93 | −0.076% | $25.2M | $32.4M | 50x | as long as short |
| Nado INTC-PERP | −0.0037% | 1h | 120.82 | −0.164% | $156K | $294K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 120.81 | −0.173% | $425K | $669K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 120.78 | −0.199% | $12.9M | $28.7M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 120.83 | −0.158% | $8.2M | $30.2M | 75x | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 121.11 | +0.073% | $907K | $1.5M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 120.74 | −0.233% | $20K | $109K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 120.85 | −0.142% | $1.7M | $49K | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0014% | 8h | 120.82 | −0.166% | $18.0M | $67.7M | 25x | as long as short |
| Variational Omni INTC | +0.0014% | 8h | 121.07 | +0.039% | $2.0M | $2.5M | — | as long as short |
Bitget INTCUSDT
Nado INTC-PERP
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
GRVT INTC_USDT_Perp
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
OKX INTC-USDT-SWAP
Variational Omni INTCShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps INTCUSD | +0.0029% | 1h | 120.88 | −0.114% | $2K | $55K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 120.79 | −0.191% | $669K | $2.8M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +0.263% | $213 | $22K | 12x | as long as short |
| QFEX INTC-USD | +0.0039% | 1h | 120.83 | −0.158% | $1.3M | $10.1M | 10x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 120.87 | −0.125% | $91K | $307K | 10x | as long as short |
| Binance INTCUSDT | +0.0045% | 8h | 120.78 | −0.196% | $69.2M | $398.7M | 25x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 120.83 | −0.158% | — | $1.5M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0048% | 1h | 120.77 | −0.205% | $334K | $1.1M | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0050% | 1h | 120.81 | −0.175% | $216K | $537K | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 120.83 | −0.158% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 120.75 | −0.224% | $1.2M | $2.5M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0056% | 1h | 120.15 | −0.720% | $240K | $830K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0072% | 8h | 120.76 | −0.218% | — | — | 5x | as long as short |
| Lighter INTC | +0.0072% | 1h | 120.80 | −0.185% | $1.4M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0073% | 1h | 120.76 | −0.216% | $143.8M | $62.0M | 10x | as long as short |
| Aevo INTC-PERP | +0.0096% | 1h | 120.82 | −0.168% | $49K | — | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 121.05 | +0.024% | $47K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 120.80 | −0.183% | $4K | $3K | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0102% | 8h | 120.82 | −0.166% | $1.1M | $106K | 20x | as long as short |
| BloFin INTC-USDT | +0.0166% | 8h | 120.82 | −0.166% | $895K | $312K | 25x | as long as short |
| Phoenix INTCshort | +0.0199% | 1h | 120.94 | −0.067% | $47K | $236K | 10x | |
| RISEx INTC/USDC | +0.0230% | 1h | 120.91 | −0.096% | $317K | $323K | 10x | as long as short |
| edgeX INTCUSDClong | +0.0799% | 4h | 121.02 | long leg | $86K | $294K | 10x |
Aftermath Perps INTCUSD
Lighter RH INTC
Injective INTC/USDC PERP
QFEX INTC-USD
Arcus INTC-USD
Binance INTCUSDT
Vest INTC-USD-PERP
Extended INTC_24_5-USD
Polymarket Perps INTC-USD
SoDEX INTC-USD
Ondo Perps INTC-USD.P
Coinbase International INTC-PERP-INTX
Paradex INTC-USD-PERP
Lighter INTC
tradeXYZ xyz:INTC
Aevo INTC-PERP
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
KuCoin INTCUSDTM
BloFin INTC-USDT
RISEx INTC/USDC