Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0153%/8h= +16.8% APRpaid last 24h +0.047%

Price spread now: BloFin against QFEX+0.058%99s7-day average +0.040% · 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−$270.270% of the position

Long on QFEX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.224%+$22 on $10k

Price spread, last 4 days (all we have)+0.218%+$22 · spread now +0.058%, 7d avg +0.040%

Together, before fees+0.442%+$44 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 99 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	QFEX INTC-USD	121.28	0.0063	pay 0.0008% / 1h	55m 17s	$1.2M	$9.8M	10x
Short	BloFin INTC-USDT	121.35	0.0216	get 0.0216% / 8h	6h 55m	$900K	$337K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against QFEX. 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 QFEXbpFee BloFinbpOrdersPrice spread, now +0.058%Rate

Funding earned: $32.17
Price spread: +0.058% → +0.040%: $1.76
Slippage, 4 orders: −$4.99
Fee QFEX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $6.94
Costs to cover: 0.270%
Break-even: 5.5 days

Slippage from QFEX: live order book, 4 min ago; BloFin: live order book, 17 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 QFEX live order book, 4 min ago	1.65 bp	6.6 bp −$7	7.9 bp −$79	12.4 bp −$1,239	doesn't fit
Sell BloFin live order book, 17 min ago	0.83 bp	6.8 bp −$7	9.8 bp −$98	27.9 bp −$2,793	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	121.38	+0.086%	$432K	$674K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	121.25	−0.025%	$12.9M	$28.5M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	121.29	+0.008%	$8.0M	$30.8M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	121.31	+0.025%	$25.2M	$30.8M	50x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	121.18	−0.082%	$20K	$105K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	121.55	+0.223%	$1.7M	$49K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0006%	8h	121.26	−0.016%	$18.1M	$68.2M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	121.35	+0.058%	$662K	$2.6M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.049%	$213	$16K	12x	as long as short
Aftermath Perps INTCUSD	+0.0038%	1h	121.21	−0.059%	$2K	$55K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest INTC-USD-PERP	+0.0046%	1h	121.38	+0.082%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	121.16	−0.099%	$217K	$510K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	121.35	+0.058%	$1.2M	$2.6M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0056%	1h	121.40	+0.099%	$254K	$901K	10x	as long as short
Variational Omni INTC	+0.0057%	8h	121.58	+0.248%	$1.8M	$2.7M	—	as long as short
QFEX INTC-USDlong	+0.0063%	1h	121.28	long leg	$1.2M	$9.8M	10x
Extended INTC_24_5-USD	+0.0096%	1h	121.23	−0.037%	$337K	$1.9M	10x	as long as short
Binance INTCUSDT	+0.0098%	8h	121.28	−0.003%	$69.7M	$399.9M	25x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	121.34	+0.049%	$47K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	121.28	0.000%	$4K	$3K	10x	as long as short
Nado INTC-PERP	+0.0101%	1h	121.13	−0.123%	$156K	$296K	10x	as long as short
Aevo INTC-PERP	+0.0104%	1h	121.24	−0.031%	$49K	—	10x	as long as short
Paradex INTC-USD-PERP	+0.0111%	8h	121.37	+0.076%	—	—	5x	as long as short
Arcus INTC-USD	+0.0131%	1h	121.28	0.000%	$88K	$287K	10x	as long as short
tradeXYZ xyz:INTC	+0.0146%	1h	121.26	−0.016%	$146.1M	$57.2M	10x	as long as short
KuCoin INTCUSDTM	+0.0159%	8h	121.24	−0.033%	$1.1M	$197K	20x	as long as short
Lighter INTC	+0.0168%	1h	121.43	+0.123%	$1.4M	$1.6M	10x	as long as short
BloFin INTC-USDTshort	+0.0216%	8h	121.35	+0.058%	$900K	$337K	25x
GRVT INTC_USDT_Perp	+0.0260%	8h	121.28	−0.002%	$909K	$1.4M	10x	as long as short
Phoenix INTC	+0.0264%	1h	121.16	−0.099%	$47K	$214K	10x	as long as short
SoDEX INTC-USD	+0.0270%	1h	121.23	−0.041%	$27K	$4K	10x	as long as short
RISEx INTC/USDC	+0.0394%	1h	121.32	+0.031%	$318K	$295K	10x	as long as short
edgeX INTCUSDC	+0.0604%	4h	121.17	−0.094%	$86K	$296K	10x	as long as short