INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0252%/8h= −27.6% APRnext payment −$0.32 per $10,000 · paid last 24h 0.000%

Price spread now: Nado against Phoenix+0.128%57s7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$420.421% of the position

Long on Phoenix Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.028%−$3 on $10k

Price spread, last 3 days (all we have)−0.168%−$17 · spread now +0.128%, 7d avg +0.003%

Together, before fees−0.197%+ Points / potential airdropNado: Active · farm board−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.125% dearer against Phoenix than usual: you sell high and buy low (spread +0.128% now, against its 7-day average of +0.003%): +$12 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 40 hours. At the pace of the last 3 days (−0.028% in total) that is about 14 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.028% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix INTC	124.30	0.0258	pay 0.0032% / 1h	47m 46s	$48K	$256K	10x
Short	Nado INTC-PERP	124.46	0.0006	get 0.0001% / 1h	47m 46s	$171K	$241K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Phoenix. 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 PhoenixbpFee NadobpOrdersPrice spread, now +0.128%Rate

Funding earned: −$52.98
Price spread: +0.128% → +0.003%: $12.47
Slippage, 4 orders: −$28.09
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$82.6
Costs to cover: 0.421%
Break-even: never at this rate

Slippage from Phoenix: live order book, 22 min ago; Nado: live order book, 25 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, 22 min ago	3.23 bp	10.8 bp −$11	22.6 bp −$226	doesn't fit	doesn't fit
Sell Nado live order book, 25 min ago	1.21 bp	8.8 bp −$9	19.6 bp −$196	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
Aster INTCUSDT	0.0000%	8h	124.43	+0.104%	$319K	$517K	20x	as long as short
Gate INTC_USDT	0.0000%	8h	124.72	+0.338%	$8.7M	$30.4M	75x	as long as short
Phemex INTCUSDT	0.0000%	8h	124.69	+0.314%	$1.7M	$51K	10x	as long as short
Nado INTC-PERPshort	+0.0006%	1h	124.46	+0.128%	$171K	$241K	10x
Coinbase International INTC-PERP-INTX	+0.0016%	1h	124.02	−0.225%	$263K	$1.1M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0027%	8h	124.65	+0.282%	$18.8M	$68.9M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	124.71	+0.330%	$619K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−2.381%	$213	$22K	12x	as long as short
Aftermath Perps INTCUSD	+0.0038%	1h	124.31	+0.004%	$2K	$53K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	124.70	+0.322%	—	$1.5M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX INTC-USD	+0.0050%	1h	124.53	+0.185%	$1.9M	$14.9M	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	124.41	+0.088%	$1.3M	$2.2M	10x	as long as short
Bybit INTCUSDT	+0.0061%	8h	124.74	+0.354%	$13.5M	$28.6M	50x	as long as short
Variational Omni INTC	+0.0095%	8h	124.31	+0.005%	$2.2M	$2.5M	—	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	124.58	+0.225%	$5K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0107%	8h	124.53	+0.188%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0120%	1h	124.65	+0.283%	$50K	—	10x	as long as short
Binance INTCUSDT	+0.0160%	8h	124.73	+0.344%	$72.9M	$404.5M	25x	as long as short
Extended INTC_24_5-USD	+0.0160%	1h	124.70	+0.319%	$355K	$1.3M	10x	as long as short
SoDEX INTC-USD	+0.0180%	1h	124.55	+0.200%	$28K	$4K	10x	as long as short
Phoenix INTClong	+0.0258%	1h	124.30	long leg	$48K	$256K	10x
KuCoin INTCUSDTM	+0.0263%	8h	124.56	+0.209%	$1.3M	$57K	20x	as long as short
BloFin INTC-USDT	+0.0275%	8h	124.42	+0.097%	$916K	$318K	25x	as long as short
Arcus INTC-USD	+0.0296%	1h	124.31	+0.008%	$95K	$307K	10x	as long as short
Lighter INTC	+0.0296%	1h	124.65	+0.283%	$1.5M	$1.7M	10x	as long as short
ApeX Omni INTCUSDT	+0.0316%	1h	124.33	+0.024%	$46K	$258K	50x	as long as short
Bitget INTCUSDT	+0.0332%	8h	124.69	+0.314%	$25.8M	$33.5M	50x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0392%	1h	124.68	+0.306%	$21K	$107K	10x	as long as short
GRVT INTC_USDT_Perp	+0.0415%	8h	124.26	−0.032%	$931K	$1.4M	10x	as long as short
RISEx INTC/USDC	+0.0427%	1h	124.56	+0.213%	$345K	$379K	10x	as long as short
Polymarket Perps INTC-USD	+0.0444%	1h	124.59	+0.233%	$214K	$468K	10x	as long as short
tradeXYZ xyz:INTC	+0.0504%	1h	124.60	+0.241%	$148.7M	$74.4M	10x	as long as short
edgeX INTCUSDC	+0.0974%	4h	124.24	−0.048%	$88K	$289K	10x	as long as short