Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.014%

Price spread now: Injective against Phemex+1.134%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 1.134% dearer against Phemex than usual: you sell high and buy low: +$113 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex INTCUSDT	119.98	0	get 0.0000% / 8h	2h 24m	$1.7M	$50K	10x
Short	Injective INTC/USDC PERP	121.34	0.0033	get 0.0004% / 1h	24m 52s	$213	$22K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Phemex. 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 PhemexbpFee InjectivebpOrdersPrice spread, now +1.134%Rate

Funding earned: $7
Price spread: +1.134% → 0.000%: $113.35
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $108.33
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Phemex: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.

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 Phemex live order book, 3 min ago	4.58 bp	47.2 bp −$47	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	120.08	+0.083%	$25.0M	$32.2M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	119.93	−0.042%	$298K	$543K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	119.92	−0.050%	$12.8M	$28.8M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	119.90	−0.067%	$8.1M	$30.6M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	120.35	+0.308%	$902K	$1.4M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	119.90	−0.067%	$20K	$107K	10x	as long as short
Phemex INTCUSDTlong	0.0000%	8h	119.98	long leg	$1.7M	$50K	10x
Lighter RH INTC	+0.0032%	1h	119.96	−0.017%	$649K	$2.8M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0033%	8h	119.96	−0.017%	$17.9M	$67.1M	25x	as long as short
Injective INTC/USDC PERPshort	+0.0033%	1h	121.34	+1.134%	$213	$22K	12x

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	+0.091%	$2K	$55K	10x	as long as short
Arcus INTC-USD	+0.0040%	1h	119.99	+0.008%	$91K	$307K	10x	as long as short
Variational Omni INTC	+0.0044%	8h	119.86	−0.100%	$2.1M	$2.5M	—	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	119.80	−0.150%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	120.00	+0.017%	$206K	$499K	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	119.88	−0.080%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	119.91	−0.058%	$1.2M	$2.3M	10x	as long as short
QFEX INTC-USD	+0.0052%	1h	119.94	−0.033%	$1.4M	$10.8M	10x	as long as short
Nado INTC-PERP	+0.0073%	1h	119.93	−0.039%	$156K	$288K	10x	as long as short
Extended INTC_24_5-USD	+0.0080%	1h	119.84	−0.119%	$334K	$1.9M	10x	as long as short
Binance INTCUSDT	+0.0081%	8h	119.92	−0.050%	$69.6M	$398.8M	25x	as long as short
Paradex INTC-USD-PERP	+0.0084%	8h	119.93	−0.041%	—	—	5x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	119.95	−0.025%	$46K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	119.90	−0.067%	$4K	$3K	10x	as long as short
Aevo INTC-PERP	+0.0104%	1h	119.95	−0.025%	$48K	—	10x	as long as short
KuCoin INTCUSDTM	+0.0116%	8h	119.93	−0.042%	$1.1M	$107K	20x	as long as short
Lighter INTC	+0.0144%	1h	119.97	−0.008%	$1.4M	$2.0M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0184%	1h	119.97	−0.008%	$243K	$831K	10x	as long as short
tradeXYZ xyz:INTC	+0.0188%	1h	119.90	−0.067%	$143.3M	$65.4M	10x	as long as short
BloFin INTC-USDT	+0.0201%	8h	119.91	−0.058%	$897K	$305K	25x	as long as short
RISEx INTC/USDC	+0.0215%	1h	119.97	−0.009%	$313K	$338K	10x	as long as short
Phoenix INTC	+0.0265%	1h	120.33	+0.292%	$46K	$240K	10x	as long as short
edgeX INTCUSDC	+0.0463%	4h	119.99	+0.006%	$85K	$294K	10x	as long as short