Funding you earn now, next payment 07:00 UTC+0.0158%/8h= +17.3% APRnext payment +$0.20 per $10,000 · paid last 24h −0.021%
Price spread now: Phoenix against Arcus+0.066%49s7-day average +0.044% · 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−$430.431% of the position
Funding, last 4 days (all we have)+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)+1.204%+$120 · spread now +0.066%, 7d avg +0.044%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.022% dearer against Arcus than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.044%. The two prices were read 49 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 | Arcus INTC-USD | 121.13 | 0.0040 | pay 0.0005% / 1h | 35m 53s | $91K | $308K | 10x |
| Short | Phoenix INTC | 121.21 | 0.0198 | get 0.0025% / 1h | 35m 53s | $47K | $236K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Arcus. 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
- $33.19
- Price spread: +0.066% → +0.044%
- $2.2
- Slippage, 4 orders
- −$31.59
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$7.69
- Costs to cover
- 0.431%
- Break-even
- 8.6 days
Slippage from Arcus: live order book, 3 min ago; Phoenix: live order book, 64 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 Arcus live order book, 3 min ago | 4.95 bp | 10.1 bp −$10 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 64 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 | −0.0470% | 8h | 121.30 | +0.140% | $25.3M | $32.5M | 50x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 121.12 | −0.008% | $426K | $669K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 121.20 | +0.058% | $12.9M | $28.8M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 121.19 | +0.050% | $8.2M | $31.1M | 75x | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 121.17 | +0.030% | $908K | $1.5M | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 121.12 | −0.008% | $1.7M | $49K | 10x | as long as short |
| Variational Omni INTC | +0.0009% | 8h | 121.11 | −0.019% | $2.0M | $2.5M | — | as long as short |
| OKX INTC-USDT-SWAP | +0.0012% | 8h | 121.21 | +0.066% | $18.1M | $68.0M | 25x | as long as short |
| Aftermath Perps INTCUSD | +0.0031% | 1h | 121.14 | +0.011% | $2K | $55K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 121.10 | −0.025% | $671K | $2.8M | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +0.173% | $213 | $22K | 12x | as long as short |
| QFEX INTC-USD | +0.0039% | 1h | 121.17 | +0.033% | $1.3M | $10.1M | 10x | as long as short |
| Arcus INTC-USDlong | +0.0040% | 1h | 121.13 | long leg | $91K | $308K | 10x | |
| Nado INTC-PERP | +0.0044% | 1h | 121.09 | −0.030% | $157K | $294K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 121.16 | +0.025% | — | $1.5M | 25x | as long as short |
| Binance INTCUSDT | +0.0047% | 8h | 121.22 | +0.076% | $69.6M | $399.1M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0048% | 1h | 121.12 | −0.008% | $334K | $1.9M | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0050% | 1h | 121.16 | +0.025% | $217K | $555K | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 121.11 | −0.012% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 121.10 | −0.025% | $1.2M | $2.5M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0056% | 1h | 120.15 | −0.809% | $240K | $817K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0073% | 8h | 121.15 | +0.012% | — | — | 5x | as long as short |
| Deribit INTC_USDC-PERPETUAL | +0.0080% | 1h | 121.11 | −0.017% | $20K | $110K | 10x | as long as short |
| Aevo INTC-PERP | +0.0096% | 1h | 121.16 | +0.025% | $49K | — | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 121.15 | +0.017% | $47K | $258K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 121.15 | +0.017% | $4K | $3K | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0110% | 8h | 121.12 | −0.008% | $1.1M | $106K | 20x | as long as short |
| Lighter INTC | +0.0160% | 1h | 121.13 | −0.004% | $1.4M | $1.8M | 10x | as long as short |
| BloFin INTC-USDT | +0.0167% | 8h | 121.22 | +0.074% | $896K | $309K | 25x | as long as short |
| tradeXYZ xyz:INTC | +0.0186% | 1h | 121.12 | −0.008% | $144.5M | $60.4M | 10x | as long as short |
| Phoenix INTCshort | +0.0198% | 1h | 121.21 | +0.066% | $47K | $236K | 10x | |
| RISEx INTC/USDC | +0.0230% | 1h | 121.22 | +0.071% | $318K | $328K | 10x | as long as short |
| edgeX INTCUSDC | +0.0295% | 4h | 121.16 | +0.026% | $86K | $295K | 10x | as long as short |
Phoenix INTC
Bitget INTCUSDT
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
GRVT INTC_USDT_Perp
Phemex INTCUSDT
Variational Omni INTC
OKX INTC-USDT-SWAP
Aftermath Perps INTCUSD
Lighter RH INTC
Injective INTC/USDC PERP
Binance INTCUSDT
Extended INTC_24_5-USD
Polymarket Perps INTC-USD
SoDEX INTC-USD
Coinbase International INTC-PERP-INTX
Paradex INTC-USD-PERP
Deribit INTC_USDC-PERPETUAL
ApeX Omni INTCUSDT
KuCoin INTCUSDTM
Lighter INTC
BloFin INTC-USDT
tradeXYZ xyz:INTC
RISEx INTC/USDC
edgeX INTCUSDC