Funding you earn now, next payment 03:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.020%
Price spread now: Coinbase International against QFEX+0.032%7-day average −0.068% · 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−$20as in the Price arb table
costs, in and out, $10k−$300.302% of the position
Funding, last 4 days (all we have)+0.148%+$15 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.032%, 7d avg −0.068%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.100% dearer against QFEX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX INTC-USD | 123.09 | 0.0060 | pay 0.0008% / 1h | 35m 11s | $1.6M | $12.3M | 10x |
| Short | Coinbase International INTC-PERP-INTX | 123.13 | 0.0144 | get 0.0018% / 1h | 35m 11s | $262K | $930K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against QFEX. 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
- $17.56
- Price spread: +0.032% → −0.068%
- $10.01
- Slippage, 4 orders
- −$10.19
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$2.63
- Costs to cover
- 0.302%
- Break-even
- 8.0 days
Slippage from QFEX: live order book, 4 min ago; Coinbase International: live order book, 8 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 | 2.03 bp | 7.0 bp −$7 | 7.6 bp −$76 | 11.7 bp −$1,170 | doesn't fit |
| Sell Coinbase International live order book, 8 min ago | 2.84 bp | 8.3 bp −$8 | 14.2 bp −$142 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado INTC-PERP | −0.0067% | 1h | 123.01 | −0.064% | $172K | $283K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 123.02 | −0.060% | $306K | $524K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 123.15 | +0.049% | $13.1M | $28.5M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 123.10 | +0.008% | $8.6M | $30.2M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 123.15 | +0.049% | $25.5M | $32.1M | 50x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 123.04 | −0.041% | $21K | $107K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 123.13 | +0.032% | $1.7M | $50K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 123.13 | +0.032% | $659K | $2.9M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −1.422% | $213 | $22K | 12x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 123.07 | −0.016% | $93K | $307K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps INTCUSD | +0.0043% | 1h | 123.11 | +0.017% | $2K | $52K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 123.08 | −0.008% | — | $1.5M | 25x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 123.13 | +0.028% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 123.01 | −0.065% | $1.3M | $2.2M | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0053% | 8h | 123.11 | +0.016% | $18.7M | $67.5M | 25x | as long as short |
| GRVT INTC_USDT_Perp | +0.0060% | 8h | 123.12 | +0.024% | $922K | $1.4M | 10x | as long as short |
| QFEX INTC-USDlong | +0.0060% | 1h | 123.09 | long leg | $1.6M | $12.3M | 10x | |
| edgeX INTCUSDC | +0.0070% | 4h | 123.08 | −0.010% | $87K | $293K | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 123.10 | +0.008% | $48K | $261K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 123.07 | −0.016% | $4K | $3K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0109% | 8h | 123.08 | −0.008% | — | — | 5x | as long as short |
| Polymarket Perps INTC-USD | +0.0116% | 1h | 123.10 | +0.008% | $212K | $485K | 10x | as long as short |
| Aevo INTC-PERP | +0.0120% | 1h | 123.11 | +0.018% | $50K | — | 10x | as long as short |
| Variational Omni INTC | +0.0123% | 8h | 123.12 | +0.027% | $2.1M | $2.5M | — | as long as short |
| Coinbase International INTC-PERP-INTXshort | +0.0144% | 1h | 123.13 | +0.032% | $262K | $930K | 10x | |
| Extended INTC_24_5-USD | +0.0160% | 1h | 123.09 | 0.000% | $340K | $1.8M | 10x | as long as short |
| Binance INTCUSDT | +0.0161% | 8h | 123.12 | +0.028% | $72.8M | $399.9M | 25x | as long as short |
| KuCoin INTCUSDTM | +0.0190% | 8h | 123.15 | +0.049% | $1.1M | $104K | 20x | as long as short |
| BloFin INTC-USDT | +0.0281% | 8h | 123.13 | +0.032% | $928K | $306K | 25x | as long as short |
| tradeXYZ xyz:INTC | +0.0305% | 1h | 123.13 | +0.032% | $147.1M | $69.0M | 10x | as long as short |
| Phoenix INTC | +0.0324% | 1h | 123.08 | −0.008% | $47K | $265K | 10x | as long as short |
| Lighter INTC | +0.0344% | 1h | 123.17 | +0.063% | $1.5M | $2.0M | 10x | as long as short |
| RISEx INTC/USDC | +0.0415% | 1h | 123.14 | +0.037% | $348K | $383K | 10x | as long as short |
Coinbase International INTC-PERP-INTX
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
Lighter RH INTC
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
SoDEX INTC-USD
OKX INTC-USDT-SWAP
GRVT INTC_USDT_Perp
edgeX INTCUSDC
ApeX Omni INTCUSDT
Paradex INTC-USD-PERP
Polymarket Perps INTC-USD
Variational Omni INTC
Extended INTC_24_5-USD
Binance INTCUSDT
KuCoin INTCUSDTM
BloFin INTC-USDT
tradeXYZ xyz:INTC
Phoenix INTC
Lighter INTC
RISEx INTC/USDC