Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.024%

Price spread now: Bybit against Lighter RH−0.008%7-day average +0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$240.237% of the position

Long on Lighter RH Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 7 days+0.018%+$2 · spread now −0.008%, 7d avg +0.041%

Together, before fees+0.117%+ Points / potential airdropLighter RH: Points live · farm board+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.049% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.041%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.099%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH INTC	123.09	0.0032	pay 0.0004% / 1h	37m 40s	$660K	$2.9M	10x
Short	Bybit INTCUSDT	123.08	0	get 0.0000% / 8h	4h 37m	$13.1M	$28.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Lighter RH. 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 Lighter RHbpFee BybitbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$6.72
Price spread: −0.008% → +0.041%: −$4.94
Slippage, 4 orders: −$12.7
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$35.36
Costs to cover: 0.237%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 5 min ago; Bybit: live order book, 1 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 RH live order book, 5 min ago	2.03 bp	2.0 bp −$2	4.9 bp −$49	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.22 bp	9.6 bp −$10	15.7 bp −$157	336.9 bp −$33.7K	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	−0.0066%	1h	123.02	−0.057%	$172K	$283K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	123.02	−0.059%	$306K	$524K	20x	as long as short
Bybit INTCUSDTshort	0.0000%	8h	123.08	−0.008%	$13.1M	$28.4M	50x
Gate INTC_USDT	0.0000%	8h	123.06	−0.024%	$8.6M	$30.2M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	123.14	+0.041%	$25.5M	$32.1M	50x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	123.00	−0.073%	$21K	$107K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.10	+0.008%	$1.7M	$50K	10x	as long as short
Lighter RH INTClong	+0.0032%	1h	123.09	long leg	$660K	$2.9M	10x
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.422%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	123.05	−0.032%	$93K	$307K	10x	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	+0.0043%	1h	123.09	−0.003%	$2K	$52K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	123.07	−0.016%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.07	−0.016%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.00	−0.073%	$1.3M	$2.2M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0054%	8h	123.07	−0.016%	$18.7M	$67.5M	25x	as long as short
GRVT INTC_USDT_Perp	+0.0058%	8h	123.14	+0.042%	$923K	$1.4M	10x	as long as short
QFEX INTC-USD	+0.0060%	1h	123.07	−0.016%	$1.6M	$12.3M	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.23	+0.114%	$48K	$261K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.05	−0.032%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0109%	8h	123.05	−0.034%	—	—	5x	as long as short
Polymarket Perps INTC-USD	+0.0118%	1h	123.09	0.000%	$212K	$485K	10x	as long as short
Aevo INTC-PERP	+0.0120%	1h	123.08	−0.010%	$50K	—	10x	as long as short
Variational Omni INTC	+0.0121%	8h	123.14	+0.042%	$2.2M	$2.5M	—	as long as short
Coinbase International INTC-PERP-INTX	+0.0144%	1h	123.13	+0.032%	$262K	$930K	10x	as long as short
Binance INTCUSDT	+0.0159%	8h	123.09	0.000%	$72.8M	$399.9M	25x	as long as short
Extended INTC_24_5-USD	+0.0160%	1h	123.06	−0.025%	$340K	$1.8M	10x	as long as short
KuCoin INTCUSDTM	+0.0189%	8h	123.12	+0.024%	$1.1M	$104K	20x	as long as short
BloFin INTC-USDT	+0.0280%	8h	123.12	+0.024%	$925K	$306K	25x	as long as short
tradeXYZ xyz:INTC	+0.0299%	1h	123.08	−0.008%	$147.0M	$69.0M	10x	as long as short
Phoenix INTC	+0.0324%	1h	123.18	+0.073%	$47K	$265K	10x	as long as short
Lighter INTC	+0.0352%	1h	123.13	+0.032%	$1.5M	$2.0M	10x	as long as short
RISEx INTC/USDC	+0.0415%	1h	123.12	+0.028%	$347K	$383K	10x	as long as short
edgeX INTCUSDC	+0.0597%	4h	123.17	+0.062%	$87K	$292K	10x	as long as short