Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.8% APRpaid last 24h +0.007%

Price spread now: BloFin against Lighter−0.011%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$160.165% of the position

Long on Lighter Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 4 days (all we have)+0.135%+$14 · spread now −0.011%, 7d avg +0.009%

Together, before fees+0.072%+ Points / potential airdropLighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter INTC	123.17	0.0304	pay 0.0038% / 1h	8m 40s	$1.5M	$2.1M	10x
Short	BloFin INTC-USDT	123.16	0.0287	get 0.0287% / 8h	4h 08m	$928K	$306K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Lighter. 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 LighterbpFee BloFinbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$3.48
Price spread: −0.011% → +0.009%: −$1.95
Slippage, 4 orders: −$4.5
Fee Lighter: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$21.93
Costs to cover: 0.165%
Break-even: never at this rate

Slippage from Lighter: live order book, 3 min ago; BloFin: live order book, 28 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, 3 min ago	0.65 bp	1.2 bp −$1	8.5 bp −$85	40.1 bp −$4,007	doesn't fit
Sell BloFin live order book, 28 min ago	0.41 bp	8.1 bp −$8	11.5 bp −$115	23.6 bp −$2,357	59.0 bp −$29.5K

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	−0.0053%	1h	123.01	−0.129%	$172K	$282K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	123.14	−0.023%	$307K	$522K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.15	−0.019%	$13.1M	$28.5M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.15	−0.019%	$8.6M	$30.2M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	123.20	+0.022%	$25.5M	$32.0M	50x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.13	−0.035%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	123.16	−0.011%	$670K	$2.9M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.488%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	123.06	−0.092%	$93K	$307K	10x	as long as short
Aftermath Perps INTCUSD	+0.0043%	1h	123.06	−0.088%	$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
Vest INTC-USD-PERP	+0.0046%	1h	123.05	−0.100%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.08	−0.071%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.01	−0.132%	$1.3M	$2.1M	10x	as long as short
QFEX INTC-USD	+0.0060%	1h	123.16	−0.011%	$1.6M	$12.2M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0065%	8h	123.16	−0.011%	$18.8M	$67.5M	25x	as long as short
GRVT INTC_USDT_Perp	+0.0071%	8h	123.08	−0.076%	$922K	$1.4M	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.18	+0.006%	$48K	$260K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.09	−0.067%	$4K	$3K	10x	as long as short
Aevo INTC-PERP	+0.0120%	1h	123.10	−0.059%	$50K	—	10x	as long as short
Paradex INTC-USD-PERP	+0.0122%	8h	123.15	−0.015%	—	—	5x	as long as short
Variational Omni INTC	+0.0128%	8h	123.05	−0.098%	$2.1M	$2.5M	—	as long as short
Polymarket Perps INTC-USD	+0.0144%	1h	123.13	−0.035%	$212K	$480K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0144%	1h	123.00	−0.140%	$262K	$836K	10x	as long as short
Binance INTCUSDT	+0.0168%	8h	123.17	−0.002%	$72.6M	$399.7M	25x	as long as short
Extended INTC_24_5-USD	+0.0168%	1h	123.14	−0.030%	$345K	$1.8M	10x	as long as short
KuCoin INTCUSDTM	+0.0194%	8h	123.13	−0.035%	$1.1M	$104K	20x	as long as short
edgeX INTCUSDC	+0.0216%	4h	123.06	−0.092%	$87K	$293K	10x	as long as short
BloFin INTC-USDTshort	+0.0287%	8h	123.16	−0.011%	$928K	$306K	25x
Lighter INTClong	+0.0304%	1h	123.17	long leg	$1.5M	$2.1M	10x
Deribit INTC_USDC-PERPETUAL	+0.0319%	1h	123.06	−0.092%	$21K	$107K	10x	as long as short
Phoenix INTC	+0.0324%	1h	123.13	−0.035%	$47K	$265K	10x	as long as short
tradeXYZ xyz:INTC	+0.0345%	1h	123.16	−0.011%	$147.3M	$68.3M	10x	as long as short
RISEx INTC/USDC	+0.0415%	1h	123.16	−0.012%	$348K	$367K	10x	as long as short