Settings8H · net · $10k
Funding arb · Price arb /

INTC

RWAall INTC markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.149%+$15 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex INTCUSDT122.770get 0.0000% / 8h5h 24m$1.7M$50K10x
ShortKuCoin INTCUSDTM122.790.0174get 0.0174% / 8h5h 24m$1.1M$104K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago2.85 bp44.1 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago8.53 bp83.9 bp −$84doesn't fitdoesn't fitdoesn't fit

INTC on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado INTC-PERP−0.0109%1h122.63−0.113%$172K$286K10xas long as short
Aster INTCUSDT0.0000%8h122.78+0.010%$306K$523K20xas long as short
Bybit INTCUSDT0.0000%8h122.73−0.033%$13.2M$28.2M50xas long as short
Gate INTC_USDT0.0000%8h122.75−0.016%$8.5M$30.2M75xas long as short
Bitget INTCUSDT0.0000%8h122.78+0.008%$25.4M$32.1M50xas long as short
Deribit INTC_USDC-PERPETUAL0.0000%1h122.68−0.073%$21K$107K10xas long as short
Phemex INTCUSDTlong0.0000%8h122.77long leg$1.7M$50K10x
GRVT INTC_USDT_Perp+0.0029%8h122.84+0.060%$920K$1.4M10xas long as short
Lighter RH INTC+0.0032%1h122.76−0.008%$650K$2.8M10xas long as short
Injective INTC/USDC PERP+0.0033%1h121.34−1.165%$213$22K12xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX INTC-USDT-SWAP+0.0034%8h122.76−0.008%$18.6M$67.2M25xas long as short
Arcus INTC-USD+0.0040%1h122.770.000%$93K$308K10xas long as short
Aftermath Perps INTCUSD+0.0041%1h122.79+0.013%$2K$52K10xas long as short
Vest INTC-USD-PERP+0.0046%1h122.73−0.033%$1.5M25xas long as short
SoDEX INTC-USD+0.0050%1h122.76−0.008%$27K$4K10xas long as short
Ondo Perps INTC-USD.P+0.0050%1h122.59−0.147%$1.3M$2.1M10xas long as short
QFEX INTC-USD+0.0057%1h122.71−0.049%$1.6M$12.6M10xas long as short
ApeX Omni INTCUSDT+0.0100%1h122.84+0.057%$45K$260K50xas long as short
Orderly PERP_INTC_USDC_mythos+0.0100%8h122.75−0.016%$4K$3K10xas long as short
Paradex INTC-USD-PERP+0.0101%8h122.71−0.045%5xas long as short
Variational Omni INTC+0.0112%8h122.78+0.008%$2.1M$2.5Mas long as short
Aevo INTC-PERP+0.0120%1h122.76−0.006%$50K10xas long as short
Polymarket Perps INTC-USD+0.0150%1h122.78+0.008%$211K$483K10xas long as short
Binance INTCUSDT+0.0151%8h122.75−0.016%$72.4M$399.5M25xas long as short
Extended INTC_24_5-USD+0.0152%1h122.71−0.048%$341K$1.8M10xas long as short
Coinbase International INTC-PERP-INTX+0.0152%1h122.57−0.163%$258K$924K10xas long as short
KuCoin INTCUSDTMshort+0.0174%8h122.79+0.016%$1.1M$104K20x
Phoenix INTC+0.0261%1h122.82+0.041%$47K$265K10xas long as short
RISEx INTC/USDC+0.0264%1h122.80+0.024%$347K$381K10xas long as short
BloFin INTC-USDT+0.0271%8h122.81+0.033%$922K$304K25xas long as short
edgeX INTCUSDC+0.0283%4h122.80+0.026%$87K$291K10xas long as short
tradeXYZ xyz:INTC+0.0292%1h122.76−0.008%$146.7M$68.4M10xas long as short
Lighter INTC+0.0344%1h122.79+0.013%$1.5M$2.0M10xas long as short