Funding you earn now, next payment 08:00 UTC+0.0232%/8h= +25.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.062%
Price spread now: Phoenix against Lighter RH−0.157%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$320.322% of the position
Funding, last 7 days+0.351%+$35 on $10k
+Price spread, last 4 days (all we have)+0.675%+$68 · spread now −0.157%, 7d avg +0.012%
=Together, before fees+1.027%+ Points / potential airdropLighter RH: Points live · farm board+$103 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.169% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.157% now, against its 7-day average of +0.012%). If the spread goes back, that is −$17 on $10k: about 2.4 days of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH INTC | 121.35 | 0.0032 | pay 0.0004% / 1h | 55m 25s | $662K | $2.6M | 10x |
| Short | Phoenix INTC | 121.16 | 0.0264 | get 0.0033% / 1h | 55m 25s | $47K | $214K | 10x |
Lighter RH INTC
Phoenix INTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $48.67
- Price spread: −0.157% → +0.012%
- −$16.87
- Slippage, 4 orders
- −$25.25
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$0.45
- Costs to cover
- 0.322%
- Break-even
- 7.1 days
Slippage from Lighter RH: live order book, 3 min ago; Phoenix: live order book, 35 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, 3 min ago | 3.71 bp | 4.3 bp −$4 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 35 min ago | 3.35 bp | 11.9 bp −$12 | 26.5 bp −$265 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster INTCUSDT | 0.0000% | 8h | 121.38 | +0.028% | $432K | $674K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 121.25 | −0.082% | $12.9M | $28.5M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 121.29 | −0.049% | $8.0M | $30.8M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 121.31 | −0.033% | $25.2M | $30.8M | 50x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 121.18 | −0.140% | $20K | $105K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 121.55 | +0.165% | $1.7M | $49K | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0006% | 8h | 121.26 | −0.074% | $18.1M | $68.2M | 25x | as long as short |
| Lighter RH INTClong | +0.0032% | 1h | 121.35 | long leg | $662K | $2.6M | 10x | |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −0.008% | $213 | $16K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0038% | 1h | 121.21 | −0.117% | $2K | $55K | 10x | as long as short |
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
OKX INTC-USDT-SWAP
Injective INTC/USDC PERP
Aftermath Perps INTCUSDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest INTC-USD-PERP | +0.0046% | 1h | 121.38 | +0.025% | — | $1.5M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0050% | 1h | 121.16 | −0.157% | $217K | $510K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 121.35 | 0.000% | $1.2M | $2.6M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0056% | 1h | 121.40 | +0.041% | $254K | $901K | 10x | as long as short |
| Variational Omni INTC | +0.0057% | 8h | 121.58 | +0.191% | $1.8M | $2.7M | — | as long as short |
| QFEX INTC-USD | +0.0063% | 1h | 121.28 | −0.058% | $1.2M | $9.8M | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0096% | 1h | 121.23 | −0.095% | $337K | $1.9M | 10x | as long as short |
| Binance INTCUSDT | +0.0098% | 8h | 121.28 | −0.060% | $69.7M | $399.9M | 25x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 121.34 | −0.008% | $47K | $258K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 121.28 | −0.058% | $4K | $3K | 10x | as long as short |
| Nado INTC-PERP | +0.0101% | 1h | 121.13 | −0.181% | $156K | $296K | 10x | as long as short |
| Aevo INTC-PERP | +0.0104% | 1h | 121.24 | −0.089% | $49K | — | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0111% | 8h | 121.37 | +0.019% | — | — | 5x | as long as short |
| Arcus INTC-USD | +0.0131% | 1h | 121.28 | −0.058% | $88K | $287K | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0146% | 1h | 121.26 | −0.074% | $146.1M | $57.2M | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0159% | 8h | 121.24 | −0.091% | $1.1M | $197K | 20x | as long as short |
| Lighter INTC | +0.0168% | 1h | 121.43 | +0.065% | $1.4M | $1.6M | 10x | as long as short |
| BloFin INTC-USDT | +0.0216% | 8h | 121.35 | 0.000% | $900K | $337K | 25x | as long as short |
| GRVT INTC_USDT_Perp | +0.0260% | 8h | 121.28 | −0.060% | $909K | $1.4M | 10x | as long as short |
| Phoenix INTCshort | +0.0264% | 1h | 121.16 | −0.157% | $47K | $214K | 10x | |
| SoDEX INTC-USD | +0.0270% | 1h | 121.23 | −0.099% | $27K | $4K | 10x | as long as short |
| RISEx INTC/USDC | +0.0394% | 1h | 121.32 | −0.027% | $318K | $295K | 10x | as long as short |
| edgeX INTCUSDC | +0.0604% | 4h | 121.17 | −0.152% | $86K | $296K | 10x | as long as short |
Vest INTC-USD-PERP
Polymarket Perps INTC-USD
Ondo Perps INTC-USD.P
Coinbase International INTC-PERP-INTX
Variational Omni INTC
QFEX INTC-USD
Extended INTC_24_5-USD
Binance INTCUSDT
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
Nado INTC-PERP
Aevo INTC-PERP
Paradex INTC-USD-PERP
Arcus INTC-USD
tradeXYZ xyz:INTC
KuCoin INTCUSDTM
Lighter INTC
BloFin INTC-USDT
GRVT INTC_USDT_Perp
SoDEX INTC-USD
RISEx INTC/USDC
edgeX INTCUSDC