Funding you earn now, next payment 04:00 UTC+0.0133%/8h= +14.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.043%
Price spread now: RISEx against Phoenix+0.123%7-day average +0.031% · 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−$25as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Funding, last 4 days (all we have)+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)−0.387%−$39 · spread now +0.123%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and RISEx is 0.092% dearer against Phoenix than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.031%.
| 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 | 5m 22s | $47K | $265K | 10x |
| Short | RISEx INTC/USDC | 121.07 | 0.0459 | get 0.0057% / 1h | 5m 22s | $328K | $354K | 10x |
Phoenix INTC
RISEx INTC/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $27.98
- Price spread: +0.123% → +0.031%
- $9.15
- Slippage, 4 orders
- −$21.07
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $3.06
- Costs to cover
- 0.341%
- Break-even
- 6.2 days
Slippage from Phoenix: live order book, 45 min ago; RISEx: live order book, 48 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, 45 min ago | 4.09 bp | 13.2 bp −$13 | 28.7 bp −$287 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 48 min ago | 0.81 bp | 3.8 bp −$4 | 4.7 bp −$47 | 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 | −0.0580% | 8h | 121.14 | +0.182% | $25.1M | $31.7M | 50x | as long as short |
| Nado INTC-PERP | −0.0035% | 1h | 121.02 | +0.083% | $165K | $285K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 121.09 | +0.137% | $304K | $522K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 121.04 | +0.099% | $12.8M | $28.5M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 121.06 | +0.116% | $8.4M | $30.4M | 75x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 120.97 | +0.041% | $20K | $107K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 121.07 | +0.124% | $1.7M | $50K | 10x | as long as short |
| GRVT INTC_USDT_Perp | +0.0007% | 8h | 120.96 | +0.035% | $906K | $1.4M | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 121.06 | +0.116% | $662K | $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 | 120.97 | +0.041% | $91K | $307K | 10x | as long as short |
| Aftermath Perps INTCUSD | +0.0043% | 1h | 121.03 | +0.091% | $2K | $54K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 120.92 | 0.000% | — | $1.5M | 25x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 121.03 | +0.091% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 121.00 | +0.066% | $1.2M | $2.3M | 10x | as long as short |
| QFEX INTC-USD | +0.0054% | 1h | 120.97 | +0.041% | $1.5M | $11.4M | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0057% | 8h | 121.06 | +0.116% | $18.2M | $67.6M | 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 | 121.03 | +0.091% | $4K | $3K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0106% | 8h | 121.08 | +0.128% | — | — | 5x | as long as short |
| Aevo INTC-PERP | +0.0112% | 1h | 121.03 | +0.093% | $49K | — | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0120% | 1h | 121.01 | +0.072% | $334K | $1.9M | 10x | as long as short |
| Binance INTCUSDT | +0.0121% | 8h | 121.04 | +0.099% | $71.1M | $398.4M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0144% | 1h | 121.04 | +0.099% | $208K | $491K | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0153% | 8h | 121.08 | +0.132% | $1.1M | $105K | 20x | as long as short |
| Lighter INTC | +0.0192% | 1h | 121.07 | +0.123% | $1.4M | $2.1M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0192% | 1h | 120.89 | −0.025% | $255K | $822K | 10x | as long as short |
| BloFin INTC-USDT | +0.0241% | 8h | 121.04 | +0.099% | $906K | $305K | 25x | as long as short |
| tradeXYZ xyz:INTC | +0.0286% | 1h | 121.03 | +0.091% | $144.9M | $66.2M | 10x | as long as short |
| Phoenix INTClong | +0.0326% | 1h | 120.92 | long leg | $47K | $265K | 10x | |
| RISEx INTC/USDCshort | +0.0459% | 1h | 121.07 | +0.123% | $328K | $354K | 10x | |
| edgeX INTCUSDC | +0.0674% | 4h | 120.95 | +0.026% | $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
KuCoin INTCUSDTM
Lighter INTC
Coinbase International INTC-PERP-INTX
BloFin INTC-USDT
tradeXYZ xyz:INTC
edgeX INTCUSDC