INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0149%/8h= +16.3% APRnext payment +$0.19 per $10,000 · paid last 24h +0.053%

Price spread now: Phoenix against Polymarket Perps+0.132%59s7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

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

costs, in and out, $10k−$370.371% of the position

Long on Polymarket Perps Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.243%+$24 on $10k

Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.132%, 7d avg −0.008%

Together, before fees+0.123%+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.141% dearer against Polymarket Perps than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.008%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps INTC-USD	120.87	0.0050	pay 0.0006% / 1h	57m 51s	$216K	$537K	10x
Short	Phoenix INTC	121.03	0.0199	get 0.0025% / 1h	57m 51s	$47K	$236K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Polymarket Perps. 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 Polymarket PerpsbpFee PhoenixbpOrdersPrice spread, now +0.132%Rate

Funding earned: $31.2
Price spread: +0.132% → −0.008%: $14.08
Slippage, 4 orders: −$22.11
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $8.17
Costs to cover: 0.371%
Break-even: 5.2 days

Slippage from Polymarket Perps: live order book, 45 min ago; Phoenix: live order book, 42 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 Polymarket Perps live order book, 45 min ago	0.42 bp	9.2 bp −$9	10.1 bp −$101	doesn't fit	doesn't fit
Sell Phoenix live order book, 42 min ago	3.33 bp	11.1 bp −$11	24.3 bp −$243	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	−0.0649%	8h	121.01	+0.116%	$25.2M	$32.4M	50x	as long as short
Deribit INTC_USDC-PERPETUAL	−0.0081%	1h	120.77	−0.083%	$20K	$109K	10x	as long as short
Nado INTC-PERP	−0.0022%	1h	120.91	+0.036%	$157K	$294K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	120.90	+0.026%	$425K	$669K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	120.86	−0.008%	$12.9M	$28.7M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	120.87	0.000%	$8.2M	$30.2M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	121.11	+0.199%	$907K	$1.5M	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.92	+0.041%	$1.7M	$49K	10x	as long as short
edgeX INTCUSDC	+0.0006%	4h	121.08	+0.170%	$86K	$296K	10x	as long as short
Variational Omni INTC	+0.0014%	8h	121.07	+0.164%	$2.0M	$2.5M	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX INTC-USDT-SWAP	+0.0015%	8h	120.87	0.000%	$18.0M	$67.8M	25x	as long as short
Aftermath Perps INTCUSD	+0.0029%	1h	120.97	+0.080%	$2K	$55K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	120.87	0.000%	$669K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.389%	$213	$22K	12x	as long as short
QFEX INTC-USD	+0.0039%	1h	120.85	−0.017%	$1.3M	$10.1M	10x	as long as short
Arcus INTC-USD	+0.0040%	1h	120.96	+0.074%	$91K	$307K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.91	+0.033%	—	$1.5M	25x	as long as short
Binance INTCUSDT	+0.0047%	8h	120.86	−0.009%	$69.3M	$398.7M	25x	as long as short
Extended INTC_24_5-USD	+0.0048%	1h	120.82	−0.042%	$334K	$1.1M	10x	as long as short
tradeXYZ xyz:INTC	+0.0050%	1h	120.84	−0.025%	$143.9M	$62.0M	10x	as long as short
Polymarket Perps INTC-USDlong	+0.0050%	1h	120.87	long leg	$216K	$537K	10x
SoDEX INTC-USD	+0.0050%	1h	120.88	+0.008%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.87	0.000%	$1.2M	$2.5M	10x	as long as short
Lighter INTC	+0.0056%	1h	120.89	+0.016%	$1.4M	$1.8M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0056%	1h	120.15	−0.596%	$240K	$830K	10x	as long as short
Paradex INTC-USD-PERP	+0.0073%	8h	120.86	−0.006%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0096%	1h	120.86	−0.008%	$49K	—	10x	as long as short
KuCoin INTCUSDTM	+0.0100%	8h	120.90	+0.025%	$1.1M	$106K	20x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	121.05	+0.149%	$47K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.85	−0.017%	$4K	$3K	10x	as long as short
BloFin INTC-USDT	+0.0169%	8h	121.04	+0.141%	$895K	$312K	25x	as long as short
Phoenix INTCshort	+0.0199%	1h	121.03	+0.132%	$47K	$236K	10x
RISEx INTC/USDC	+0.0230%	1h	120.92	+0.041%	$317K	$322K	10x	as long as short