Funding you earn now, next payment 04:00 UTC−0.0176%/8h= −19.3% APRpaid last 24h −0.016%
Price spread now: KuCoin against Phoenix−0.050%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1511.506% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)−0.205%−$21 · spread now −0.050%, 7d avg +0.001%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.050% cheaper against Phoenix than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix INTC | 120.92 | 0.0326 | pay 0.0041% / 1h | 3m 15s | $47K | $265K | 10x |
| Short | KuCoin INTCUSDTM | 120.86 | 0.0150 | get 0.0150% / 8h | 3h 03m | $1.1M | $106K | 20x |
Phoenix INTC
KuCoin INTCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Phoenix. 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
- −$36.96
- Price spread: −0.050% → +0.001%
- −$5.02
- Slippage, 4 orders
- −$131.61
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$192.59
- Costs to cover
- 1.506%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 47 min ago; KuCoin: live order book, 7 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 Phoenix live order book, 47 min ago | 4.09 bp | 13.2 bp −$13 | 28.7 bp −$287 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 10.33 bp | 84.9 bp −$85 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget INTCUSDT | −0.0605% | 8h | 120.89 | −0.025% | $25.0M | $31.7M | 50x | as long as short |
| Nado INTC-PERP | −0.0029% | 1h | 120.88 | −0.032% | $165K | $285K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 120.85 | −0.056% | $303K | $522K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 120.75 | −0.141% | $12.7M | $28.5M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 120.80 | −0.099% | $8.4M | $30.4M | 75x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 120.72 | −0.165% | $20K | $107K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 120.80 | −0.099% | $1.7M | $50K | 10x | as long as short |
| GRVT INTC_USDT_Perp | +0.0007% | 8h | 121.07 | +0.124% | $907K | $1.4M | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 120.78 | −0.116% | $658K | $2.9M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +0.347% | $213 | $22K | 12x | as long as short |
Bitget INTCUSDT
Nado INTC-PERP
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
GRVT INTC_USDT_Perp
Lighter RH INTC
Injective INTC/USDC PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus INTC-USD | +0.0040% | 1h | 120.98 | +0.050% | $91K | $307K | 10x | as long as short |
| Aftermath Perps INTCUSD | +0.0044% | 1h | 120.94 | +0.020% | $2K | $54K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 120.78 | −0.116% | — | $1.5M | 25x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 120.80 | −0.099% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 120.80 | −0.099% | $1.2M | $2.3M | 10x | as long as short |
| QFEX INTC-USD | +0.0054% | 1h | 120.83 | −0.074% | $1.5M | $11.4M | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0057% | 8h | 120.75 | −0.141% | $18.2M | $67.4M | 25x | as long as short |
| Variational Omni INTC | +0.0078% | 8h | 121.11 | +0.160% | $2.1M | $2.5M | — | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 120.90 | −0.017% | $47K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 120.76 | −0.132% | $4K | $3K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0107% | 8h | 120.86 | −0.051% | — | — | 5x | as long as short |
| Aevo INTC-PERP | +0.0112% | 1h | 120.78 | −0.116% | $49K | — | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0120% | 1h | 120.76 | −0.133% | $334K | $1.9M | 10x | as long as short |
| Binance INTCUSDT | +0.0122% | 8h | 120.79 | −0.108% | $71.0M | $398.5M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0141% | 1h | 120.77 | −0.124% | $208K | $491K | 10x | as long as short |
| KuCoin INTCUSDTMshort | +0.0150% | 8h | 120.86 | −0.050% | $1.1M | $106K | 20x | |
| Lighter INTC | +0.0184% | 1h | 120.80 | −0.097% | $1.4M | $2.1M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0192% | 1h | 120.71 | −0.174% | $255K | $821K | 10x | as long as short |
| BloFin INTC-USDT | +0.0242% | 8h | 120.89 | −0.025% | $905K | $305K | 25x | as long as short |
| tradeXYZ xyz:INTC | +0.0285% | 1h | 120.75 | −0.141% | $144.6M | $66.2M | 10x | as long as short |
| Phoenix INTClong | +0.0326% | 1h | 120.92 | long leg | $47K | $265K | 10x | |
| RISEx INTC/USDC | +0.0459% | 1h | 120.90 | −0.020% | $328K | $354K | 10x | as long as short |
| edgeX INTCUSDC | +0.0772% | 4h | 121.07 | +0.121% | $86K | $294K | 10x | as long as short |
Arcus INTC-USD
Aftermath Perps INTCUSD
Vest INTC-USD-PERP
SoDEX INTC-USD
Ondo Perps INTC-USD.P
QFEX INTC-USD
OKX INTC-USDT-SWAP
Variational Omni INTC
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
Paradex INTC-USD-PERP
Aevo INTC-PERP
Extended INTC_24_5-USD
Binance INTCUSDT
Polymarket Perps INTC-USD
Lighter INTC
Coinbase International INTC-PERP-INTX
BloFin INTC-USDT
tradeXYZ xyz:INTC
RISEx INTC/USDC
edgeX INTCUSDC