Funding you earn now, next payment 09:00 UTC−0.0130%/8h= −14.3% APRnext payment −$0.16 per $10,000 · paid last 24h −0.022%
Price spread now: Phoenix against RISEx−0.088%50s7-day average −0.032% · you buy dearer than you sell
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−$360.364% of the position
Funding, last 4 days (all we have)−0.088%−$9 on $10k
+Price spread, last 4 days (all we have)+0.435%+$43 · spread now −0.088%, 7d avg −0.032%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Phoenix is 0.056% cheaper against RISEx than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.032%). Swap the legs. The two prices were read 50 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 | RISEx INTC/USDC | 121.36 | 0.0394 | pay 0.0049% / 1h | 8m 22s | $320K | $288K | 10x |
| Short | Phoenix INTC | 121.25 | 0.0264 | get 0.0033% / 1h | 8m 22s | $47K | $214K | 10x |
RISEx INTC/USDC
Phoenix INTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against RISEx. 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
- −$27.33
- Price spread: −0.088% → −0.032%
- −$5.6
- Slippage, 4 orders
- −$23.39
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$69.32
- Costs to cover
- 0.364%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 43 min ago; Phoenix: live order book, 39 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 RISEx live order book, 43 min ago | 2.19 bp | 5.2 bp −$5 | 6.5 bp −$65 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 39 min ago | 4.13 bp | 13.0 bp −$13 | 28.6 bp −$286 | doesn't fit | doesn't fit |
INTC on 33 exchanges
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 | 121.39 | +0.028% | $439K | $684K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 121.32 | −0.030% | $13.0M | $27.8M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 121.37 | +0.011% | $8.1M | $31.1M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 121.44 | +0.069% | $25.2M | $30.5M | 50x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 121.34 | −0.014% | $1.7M | $50K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 121.33 | −0.022% | $667K | $2.7M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −0.014% | $213 | $16K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0037% | 1h | 121.19 | −0.137% | $2K | $56K | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0042% | 8h | 121.35 | −0.005% | $18.1M | $66.8M | 25x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 121.32 | −0.030% | — | $1.5M | 25x | as long as short |
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
Phemex INTCUSDT
Lighter RH INTC
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
OKX INTC-USDT-SWAP
Vest INTC-USD-PERPShow all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX INTC-USD | +0.0050% | 1h | 121.34 | −0.014% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 121.21 | −0.121% | $1.2M | $2.6M | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0055% | 1h | 121.29 | −0.055% | $217K | $508K | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0056% | 1h | 120.95 | −0.335% | $251K | $898K | 10x | as long as short |
| QFEX INTC-USD | +0.0063% | 1h | 121.31 | −0.038% | $1.2M | $9.6M | 10x | as long as short |
| Variational Omni INTC | +0.0077% | 8h | 121.32 | −0.032% | $1.8M | $2.7M | — | as long as short |
| Paradex INTC-USD-PERP | +0.0084% | 8h | 121.28 | −0.063% | — | — | 5x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 121.30 | −0.047% | $47K | $258K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 121.30 | −0.047% | $4K | $3K | 10x | as long as short |
| Nado INTC-PERP | +0.0111% | 1h | 121.22 | −0.110% | $156K | $295K | 10x | as long as short |
| Aevo INTC-PERP | +0.0112% | 1h | 121.32 | −0.027% | $49K | — | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0120% | 1h | 121.31 | −0.036% | $340K | $1.9M | 10x | as long as short |
| Binance INTCUSDT | +0.0122% | 8h | 121.35 | −0.005% | $70.0M | $393.7M | 25x | as long as short |
| Arcus INTC-USD | +0.0131% | 1h | 121.27 | −0.071% | $88K | $244K | 10x | as long as short |
| GRVT INTC_USDT_Perp | +0.0160% | 8h | 121.36 | +0.002% | $909K | $1.4M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | +0.0163% | 1h | 121.26 | −0.079% | $20K | $98K | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0188% | 8h | 121.28 | −0.063% | $1.1M | $251K | 20x | as long as short |
| tradeXYZ xyz:INTC | +0.0235% | 1h | 121.29 | −0.055% | $146.1M | $51.7M | 10x | as long as short |
| BloFin INTC-USDT | +0.0240% | 8h | 121.30 | −0.047% | $909K | $338K | 25x | as long as short |
| Lighter INTC | +0.0248% | 1h | 121.34 | −0.011% | $1.4M | $1.7M | 10x | as long as short |
| Phoenix INTCshort | +0.0264% | 1h | 121.25 | −0.088% | $47K | $214K | 10x | |
| RISEx INTC/USDClong | +0.0394% | 1h | 121.36 | long leg | $320K | $288K | 10x | |
| edgeX INTCUSDC | +0.0903% | 4h | 121.32 | −0.029% | $86K | $296K | 10x | as long as short |
SoDEX INTC-USD
Ondo Perps INTC-USD.P
Polymarket Perps INTC-USD
Coinbase International INTC-PERP-INTX
QFEX INTC-USD
Variational Omni INTC
Paradex INTC-USD-PERP
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
Nado INTC-PERP
Aevo INTC-PERP
Extended INTC_24_5-USD
Binance INTCUSDT
Arcus INTC-USD
GRVT INTC_USDT_Perp
Deribit INTC_USDC-PERPETUAL
KuCoin INTCUSDTM
tradeXYZ xyz:INTC
BloFin INTC-USDT
Lighter INTC
edgeX INTCUSDC