Funding you earn now, next payment 10:00 UTC−0.0164%/8h= −18.0% APRnext payment −$0.21 per $10,000 · paid last 24h −0.058%
Price spread now: Lighter RH against Phoenix+0.074%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$310.312% of the position
Funding, last 7 days−0.353%−$35 on $10k
+Price spread, last 4 days (all we have)−0.319%−$32 · spread now +0.074%, 7d avg −0.011%
=Together, before fees−0.672%+ Points / potential airdropLighter RH: Points live · farm board−$67 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.084% dearer against Phoenix than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of −0.011%): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix INTC | 121.96 | 0.0196 | pay 0.0025% / 1h | 26m 45s | $47K | $211K | 10x |
| Short | Lighter RH INTC | 122.05 | 0.0032 | get 0.0004% / 1h | 26m 45s | $663K | $2.6M | 10x |
Phoenix INTC
Lighter RH INTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$34.51
- Price spread: +0.074% → −0.011%
- $8.44
- Slippage, 4 orders
- −$24.22
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$57.29
- Costs to cover
- 0.312%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 14 min ago; Lighter RH: live order book, 4 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, 14 min ago | 4.10 bp | 13.2 bp −$13 | 28.8 bp −$288 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 0.82 bp | 1.6 bp −$2 | 6.1 bp −$61 | doesn't fit | doesn't fit |
INTC on 33 exchanges
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 | 122.00 | +0.031% | $449K | $689K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 122.03 | +0.057% | $12.9M | $28.2M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 122.07 | +0.090% | $8.2M | $31.1M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 122.15 | +0.156% | $25.4M | $31.0M | 50x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 121.96 | 0.000% | $20K | $98K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 122.07 | +0.090% | $1.7M | $49K | 10x | as long as short |
| Lighter RH INTCshort | +0.0032% | 1h | 122.05 | +0.074% | $663K | $2.6M | 10x | |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −0.508% | $213 | $16K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0034% | 1h | 121.93 | −0.028% | $2K | $54K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 122.00 | +0.033% | — | $1.5M | 25x | as long as short |
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
Vest INTC-USD-PERPShow all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INTC-USDT-SWAP | +0.0046% | 8h | 122.04 | +0.066% | $18.4M | $68.0M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0050% | 1h | 122.02 | +0.049% | $218K | $512K | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 122.03 | +0.061% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 121.97 | +0.008% | $1.2M | $2.6M | 10x | as long as short |
| QFEX INTC-USD | +0.0060% | 1h | 122.02 | +0.049% | $1.2M | $9.5M | 10x | as long as short |
| Nado INTC-PERP | +0.0074% | 1h | 121.99 | +0.025% | $156K | $285K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0085% | 8h | 122.00 | +0.036% | — | — | 5x | as long as short |
| Variational Omni INTC | +0.0096% | 8h | 121.90 | −0.052% | $1.9M | $2.7M | — | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 122.06 | +0.082% | $47K | $258K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 121.99 | +0.025% | $4K | $3K | 10x | as long as short |
| Aevo INTC-PERP | +0.0112% | 1h | 122.02 | +0.049% | $49K | — | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0120% | 1h | 121.83 | −0.107% | $254K | $906K | 10x | as long as short |
| GRVT INTC_USDT_Perp | +0.0125% | 8h | 121.93 | −0.028% | $913K | $1.5M | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0136% | 1h | 122.01 | +0.043% | $338K | $1.9M | 10x | as long as short |
| Binance INTCUSDT | +0.0138% | 8h | 122.05 | +0.074% | $70.7M | $396.0M | 25x | as long as short |
| KuCoin INTCUSDTM | +0.0190% | 8h | 122.01 | +0.041% | $1.1M | $291K | 20x | as long as short |
| Phoenix INTClong | +0.0196% | 1h | 121.96 | long leg | $47K | $211K | 10x | |
| Arcus INTC-USD | +0.0199% | 1h | 121.97 | +0.008% | $87K | $246K | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0201% | 1h | 122.05 | +0.074% | $146.8M | $51.1M | 10x | as long as short |
| Lighter INTC | +0.0216% | 1h | 122.07 | +0.092% | $1.4M | $1.6M | 10x | as long as short |
| BloFin INTC-USDT | +0.0259% | 8h | 122.05 | +0.074% | $930K | $342K | 25x | as long as short |
| RISEx INTC/USDC | +0.0415% | 1h | 122.06 | +0.079% | $322K | $285K | 10x | as long as short |
| edgeX INTCUSDC | +0.0604% | 4h | 122.01 | +0.045% | $86K | $296K | 10x | as long as short |
OKX INTC-USDT-SWAP
Polymarket Perps INTC-USD
SoDEX INTC-USD
Ondo Perps INTC-USD.P
QFEX INTC-USD
Nado INTC-PERP
Paradex INTC-USD-PERP
Variational Omni INTC
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
Aevo INTC-PERP
Coinbase International INTC-PERP-INTX
GRVT INTC_USDT_Perp
Extended INTC_24_5-USD
Binance INTCUSDT
KuCoin INTCUSDTM
Arcus INTC-USD
tradeXYZ xyz:INTC
Lighter INTC
BloFin INTC-USDT
RISEx INTC/USDC
edgeX INTCUSDC