Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0589%/8h= −64.5% APRpaid last 24h −0.124%

Price spread now: QFEX against edgeX−0.167%57s7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$350.350% of the position

Long on edgeX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.541%−$54 on $10k

Price spread, last 3 days (all we have)+0.174%+$17 · spread now −0.167%, 7d avg −0.011%

Together, before fees−0.367%+ Points / potential airdropedgeX: Active · farm board−$37 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 QFEX is 0.156% cheaper against edgeX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.011%). Swap the legs. The two prices were read 57 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	edgeX INTCUSDC	123.79	0.0643	pay 0.0322% / 4h	2h 58m	$88K	$291K	10x
Short	QFEX INTC-USD	123.58	0.0055	get 0.0007% / 1h	58m 13s	$1.7M	$13.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against edgeX. 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 edgeXbpFee QFEXbpOrdersPrice spread, now −0.167%Rate

Funding earned: −$123.61
Price spread: −0.167% → −0.011%: −$15.6
Slippage, 4 orders: −$15.97
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$174.18
Costs to cover: 0.350%
Break-even: never at this rate

Slippage from edgeX: live order book, 10 min ago; QFEX: live order book, 11 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, 10 min ago	6.06 bp	11.2 bp −$11	20.7 bp −$207	doesn't fit	doesn't fit
Sell QFEX live order book, 11 min ago	1.21 bp	6.2 bp −$6	6.2 bp −$62	11.8 bp −$1,180	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
Nado INTC-PERP	−0.0082%	1h	123.54	−0.199%	$173K	$244K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	123.61	−0.140%	$318K	$516K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.53	−0.208%	$13.3M	$28.3M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.61	−0.143%	$8.4M	$29.9M	75x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	123.50	−0.232%	$21K	$107K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.54	−0.200%	$1.7M	$51K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0028%	8h	123.55	−0.192%	$18.6M	$67.4M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	123.55	−0.192%	$614K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.977%	$213	$22K	12x	as long as short
Aftermath Perps INTCUSD	+0.0040%	1h	123.67	−0.095%	$2K	$52K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus INTC-USD	+0.0040%	1h	123.70	−0.070%	$95K	$306K	10x	as long as short
GRVT INTC_USDT_Perp	+0.0041%	8h	123.77	−0.014%	$928K	$1.4M	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	123.72	−0.054%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	123.58	−0.167%	$213K	$474K	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.53	−0.208%	$28K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.50	−0.232%	$1.3M	$2.2M	10x	as long as short
tradeXYZ xyz:INTC	+0.0052%	1h	123.57	−0.175%	$147.5M	$69.7M	10x	as long as short
QFEX INTC-USDshort	+0.0055%	1h	123.58	−0.167%	$1.7M	$13.5M	10x
Coinbase International INTC-PERP-INTX	+0.0064%	1h	123.53	−0.208%	$261K	$1.0M	10x	as long as short
Paradex INTC-USD-PERP	+0.0089%	8h	123.56	−0.184%	—	—	5x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.82	+0.027%	$46K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.56	−0.183%	$4K	$3K	10x	as long as short
Bitget INTCUSDT	+0.0118%	8h	123.62	−0.135%	$25.5M	$32.0M	50x	as long as short
Aevo INTC-PERP	+0.0120%	1h	123.60	−0.151%	$50K	—	10x	as long as short
Variational Omni INTC	+0.0129%	8h	123.72	−0.051%	$2.2M	$2.5M	—	as long as short
Extended INTC_24_5-USD	+0.0168%	1h	123.55	−0.194%	$352K	$1.8M	10x	as long as short
Binance INTCUSDT	+0.0169%	8h	123.55	−0.193%	$72.3M	$399.8M	25x	as long as short
Phoenix INTC	+0.0258%	1h	123.77	−0.014%	$48K	$244K	10x	as long as short
KuCoin INTCUSDTM	+0.0264%	8h	123.63	−0.127%	$1.2M	$54K	20x	as long as short
Lighter INTC	+0.0272%	1h	123.60	−0.149%	$1.5M	$1.8M	10x	as long as short
BloFin INTC-USDT	+0.0290%	8h	123.72	−0.054%	$920K	$310K	25x	as long as short
RISEx INTC/USDC	+0.0423%	1h	123.61	−0.139%	$342K	$379K	10x	as long as short
edgeX INTCUSDClong	+0.0643%	4h	123.79	long leg	$88K	$291K	10x