Funding you earn now, next payment 06:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.001%
Price spread now: Arcus against Lighter+0.016%7-day average −0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$290.291% of the position
Funding, last 4 days (all we have)−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.016%, 7d avg −0.072%
=Together, before fees−0.215%+ Points / potential airdropLighter: Season 3 · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.088% dearer against Lighter than usual: you sell high and buy low (spread +0.016% now, against its 7-day average of −0.072%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 4 days (−0.045% in total) that is about 7.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter INTC | 119.97 | 0.0144 | pay 0.0018% / 1h | 25m 10s | $1.4M | $2.0M | 10x |
| Short | Arcus INTC-USD | 119.99 | 0.0040 | get 0.0005% / 1h | 25m 10s | $91K | $307K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter. 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
- −$21.78
- Price spread: +0.016% → −0.072%
- $8.78
- Slippage, 4 orders
- −$24.57
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$42.08
- Costs to cover
- 0.291%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 1 min ago; Arcus: live order book, 23 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 Lighter live order book, 1 min ago | 3.46 bp | 3.8 bp −$4 | 10.4 bp −$104 | 38.5 bp −$3,853 | doesn't fit |
| Sell Arcus live order book, 23 min ago | 4.13 bp | 12.5 bp −$12 | 14.7 bp −$147 | 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 | −0.1040% | 8h | 120.12 | +0.124% | $25.0M | $32.2M | 50x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 119.96 | −0.012% | $298K | $543K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 119.94 | −0.026% | $12.8M | $28.8M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 119.98 | +0.008% | $8.1M | $30.6M | 75x | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 120.35 | +0.315% | $902K | $1.4M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 119.90 | −0.059% | $20K | $107K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 119.98 | +0.008% | $1.7M | $50K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 119.96 | −0.009% | $649K | $2.8M | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0033% | 8h | 119.89 | −0.068% | $17.9M | $67.0M | 25x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +1.141% | $213 | $22K | 12x | 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 | +0.0034% | 1h | 120.09 | +0.099% | $2K | $55K | 10x | as long as short |
| Arcus INTC-USDshort | +0.0040% | 1h | 119.99 | +0.016% | $91K | $307K | 10x | |
| Variational Omni INTC | +0.0044% | 8h | 119.86 | −0.092% | $2.1M | $2.5M | — | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 119.80 | −0.143% | — | $1.5M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0050% | 1h | 120.00 | +0.024% | $206K | $499K | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 119.88 | −0.073% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 119.91 | −0.051% | $1.2M | $2.3M | 10x | as long as short |
| QFEX INTC-USD | +0.0052% | 1h | 119.94 | −0.026% | $1.4M | $10.8M | 10x | as long as short |
| Nado INTC-PERP | +0.0073% | 1h | 119.93 | −0.031% | $156K | $288K | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0080% | 1h | 119.95 | −0.019% | $334K | $1.9M | 10x | as long as short |
| Binance INTCUSDT | +0.0081% | 8h | 119.90 | −0.059% | $69.6M | $398.7M | 25x | as long as short |
| Paradex INTC-USD-PERP | +0.0084% | 8h | 119.93 | −0.034% | — | — | 5x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 119.95 | −0.018% | $46K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 119.90 | −0.059% | $4K | $3K | 10x | as long as short |
| Aevo INTC-PERP | +0.0104% | 1h | 119.95 | −0.018% | $48K | — | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0116% | 8h | 120.00 | +0.024% | $1.1M | $107K | 20x | as long as short |
| Lighter INTClong | +0.0144% | 1h | 119.97 | long leg | $1.4M | $2.0M | 10x | |
| Coinbase International INTC-PERP-INTX | +0.0184% | 1h | 119.97 | −0.001% | $243K | $831K | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0189% | 1h | 119.95 | −0.018% | $143.3M | $65.4M | 10x | as long as short |
| BloFin INTC-USDT | +0.0201% | 8h | 119.91 | −0.051% | $897K | $305K | 25x | as long as short |
| RISEx INTC/USDC | +0.0215% | 1h | 119.97 | −0.002% | $313K | $338K | 10x | as long as short |
| Phoenix INTC | +0.0265% | 1h | 120.33 | +0.299% | $46K | $240K | 10x | as long as short |
| edgeX INTCUSDC | +0.0463% | 4h | 119.99 | +0.014% | $85K | $294K | 10x | as long as short |
Lighter INTC
Bitget INTCUSDT
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
GRVT INTC_USDT_Perp
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
Lighter RH INTC
OKX INTC-USDT-SWAP
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
Variational Omni INTC
Polymarket Perps INTC-USD
SoDEX INTC-USD
Extended INTC_24_5-USD
Binance INTCUSDT
Paradex INTC-USD-PERP
ApeX Omni INTCUSDT
KuCoin INTCUSDTM
Coinbase International INTC-PERP-INTX
tradeXYZ xyz:INTC
BloFin INTC-USDT
RISEx INTC/USDC
Phoenix INTC
edgeX INTCUSDC