Funding you earn now, next payment 08:00 UTC+0.0174%/8h= +19.1% APRnext payment +$1.74 per $10,000 · paid last 24h +0.064%
Price spread now: KuCoin against Phemex+0.016%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2322.318% of the position
Funding, last 7 days+0.312%+$31 on $10k
+Price spread, last 4 days (all we have)−0.163%−$16 · spread now +0.016%, 7d avg −0.022%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.038% dearer against Phemex than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex INTCUSDT | 122.77 | 0 | get 0.0000% / 8h | 5h 24m | $1.7M | $50K | 10x |
| Short | KuCoin INTCUSDTM | 122.79 | 0.0174 | get 0.0174% / 8h | 5h 24m | $1.1M | $104K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Phemex. 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
- $36.54
- Price spread: +0.016% → −0.022%
- $3.82
- Slippage, 4 orders
- −$207.83
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$191.48
- Costs to cover
- 2.318%
- Break-even
- 43.7 days
Slippage from Phemex: live order book, 4 min ago; KuCoin: live order book, 10 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 Phemex live order book, 4 min ago | 2.85 bp | 44.1 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 8.53 bp | 83.9 bp −$84 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado INTC-PERP | −0.0109% | 1h | 122.63 | −0.113% | $172K | $286K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 122.78 | +0.010% | $306K | $523K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 122.73 | −0.033% | $13.2M | $28.2M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 122.75 | −0.016% | $8.5M | $30.2M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 122.78 | +0.008% | $25.4M | $32.1M | 50x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 122.68 | −0.073% | $21K | $107K | 10x | as long as short |
| Phemex INTCUSDTlong | 0.0000% | 8h | 122.77 | long leg | $1.7M | $50K | 10x | |
| GRVT INTC_USDT_Perp | +0.0029% | 8h | 122.84 | +0.060% | $920K | $1.4M | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 122.76 | −0.008% | $650K | $2.8M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −1.165% | $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 | |
|---|---|---|---|---|---|---|---|---|
| OKX INTC-USDT-SWAP | +0.0034% | 8h | 122.76 | −0.008% | $18.6M | $67.2M | 25x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 122.77 | 0.000% | $93K | $308K | 10x | as long as short |
| Aftermath Perps INTCUSD | +0.0041% | 1h | 122.79 | +0.013% | $2K | $52K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 122.73 | −0.033% | — | $1.5M | 25x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 122.76 | −0.008% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 122.59 | −0.147% | $1.3M | $2.1M | 10x | as long as short |
| QFEX INTC-USD | +0.0057% | 1h | 122.71 | −0.049% | $1.6M | $12.6M | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 122.84 | +0.057% | $45K | $260K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 122.75 | −0.016% | $4K | $3K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0101% | 8h | 122.71 | −0.045% | — | — | 5x | as long as short |
| Variational Omni INTC | +0.0112% | 8h | 122.78 | +0.008% | $2.1M | $2.5M | — | as long as short |
| Aevo INTC-PERP | +0.0120% | 1h | 122.76 | −0.006% | $50K | — | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0150% | 1h | 122.78 | +0.008% | $211K | $483K | 10x | as long as short |
| Binance INTCUSDT | +0.0151% | 8h | 122.75 | −0.016% | $72.4M | $399.5M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0152% | 1h | 122.71 | −0.048% | $341K | $1.8M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0152% | 1h | 122.57 | −0.163% | $258K | $924K | 10x | as long as short |
| KuCoin INTCUSDTMshort | +0.0174% | 8h | 122.79 | +0.016% | $1.1M | $104K | 20x | |
| Phoenix INTC | +0.0261% | 1h | 122.82 | +0.041% | $47K | $265K | 10x | as long as short |
| RISEx INTC/USDC | +0.0264% | 1h | 122.80 | +0.024% | $347K | $381K | 10x | as long as short |
| BloFin INTC-USDT | +0.0271% | 8h | 122.81 | +0.033% | $922K | $304K | 25x | as long as short |
| edgeX INTCUSDC | +0.0283% | 4h | 122.80 | +0.026% | $87K | $291K | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0292% | 1h | 122.76 | −0.008% | $146.7M | $68.4M | 10x | as long as short |
| Lighter INTC | +0.0344% | 1h | 122.79 | +0.013% | $1.5M | $2.0M | 10x | as long as short |
Phemex INTCUSDT
KuCoin INTCUSDTM
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
Deribit INTC_USDC-PERPETUAL
GRVT INTC_USDT_Perp
Lighter RH INTC
Injective INTC/USDC PERP
OKX INTC-USDT-SWAP
Aftermath Perps INTCUSD
SoDEX INTC-USD
ApeX Omni INTCUSDT
Paradex INTC-USD-PERP
Variational Omni INTC
Polymarket Perps INTC-USD
Binance INTCUSDT
Extended INTC_24_5-USD
Coinbase International INTC-PERP-INTX
Phoenix INTC
RISEx INTC/USDC
BloFin INTC-USDT
edgeX INTCUSDC
tradeXYZ xyz:INTC
Lighter INTC