Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0171%/8h= +18.8% APRpaid last 24h +0.018%

Price spread now: Lighter against Binance−0.003%7-day average −0.015% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$170.174% of the position

Long on Binance Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.299%+$30 on $10k

Price spread, last 7 days+0.034%+$3 · spread now −0.003%, 7d avg −0.015%

Together, before fees+0.333%+ Points / potential airdropLighter: Season 3 · farm board+$33 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance INTCUSDT	121.38	0.0053	pay 0.0053% / 8h	5m 04s	$69.7M	$396.8M	25x
Short	Lighter INTC	121.38	0.0224	get 0.0028% / 1h	5m 04s	$1.4M	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Binance. 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 BinancebpFee LighterbpOrdersPrice spread, now −0.003%Rate

Funding earned: $36.01
Price spread: −0.003% → −0.015%: $1.17
Slippage, 4 orders: −$7.36
Fee Binance: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $19.82
Costs to cover: 0.174%
Break-even: 3.1 days

Slippage from Binance: live order book, 9 min ago; Lighter: live order book, 2 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 Binance live order book, 9 min ago	0.41 bp	7.2 bp −$7	11.3 bp −$113	32.6 bp −$3,256	202.3 bp −$101.2K
Sell Lighter live order book, 2 min ago	1.28 bp	2.3 bp −$2	5.4 bp −$54	31.4 bp −$3,141	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	−0.0258%	8h	121.49	+0.091%	$25.3M	$32.4M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	121.28	−0.080%	$429K	$671K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	121.33	−0.040%	$12.9M	$28.6M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	121.35	−0.024%	$8.3M	$31.3M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	121.38	0.000%	$909K	$1.4M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	121.30	−0.065%	$20K	$110K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	121.35	−0.024%	$1.7M	$49K	10x	as long as short
Variational Omni INTC	+0.0011%	8h	121.35	−0.025%	$2.0M	$2.5M	—	as long as short
OKX INTC-USDT-SWAP	+0.0020%	8h	121.40	+0.017%	$18.2M	$68.0M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	121.36	−0.016%	$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	−0.032%	$213	$22K	12x	as long as short
Aftermath Perps INTCUSD	+0.0039%	1h	121.30	−0.064%	$2K	$54K	10x	as long as short
QFEX INTC-USD	+0.0039%	1h	121.37	−0.008%	$1.3M	$9.9M	10x	as long as short
Arcus INTC-USD	+0.0040%	1h	121.30	−0.065%	$91K	$290K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	121.36	−0.016%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	121.34	−0.028%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	121.30	−0.065%	$1.2M	$2.5M	10x	as long as short
Binance INTCUSDTlong	+0.0053%	8h	121.38	long leg	$69.7M	$396.8M	25x
Extended INTC_24_5-USD	+0.0056%	1h	121.33	−0.040%	$334K	$1.9M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0056%	1h	120.92	−0.378%	$245K	$818K	10x	as long as short
Polymarket Perps INTC-USD	+0.0072%	1h	121.36	−0.016%	$217K	$550K	10x	as long as short
Paradex INTC-USD-PERP	+0.0083%	8h	121.39	+0.005%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0096%	1h	121.35	−0.024%	$49K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	121.30	−0.065%	$47K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	121.31	−0.057%	$4K	$3K	10x	as long as short
Nado INTC-PERP	+0.0111%	1h	121.31	−0.058%	$157K	$296K	10x	as long as short
KuCoin INTCUSDTM	+0.0122%	8h	121.34	−0.032%	$1.1M	$118K	20x	as long as short
BloFin INTC-USDT	+0.0173%	8h	121.36	−0.016%	$903K	$310K	25x	as long as short
edgeX INTCUSDC	+0.0179%	4h	121.34	−0.029%	$86K	$295K	10x	as long as short
Phoenix INTC	+0.0198%	1h	121.34	−0.032%	$47K	$236K	10x	as long as short
Lighter INTCshort	+0.0224%	1h	121.38	−0.003%	$1.4M	$1.9M	10x
RISEx INTC/USDC	+0.0230%	1h	121.40	+0.015%	$318K	$314K	10x	as long as short
tradeXYZ xyz:INTC	+0.0286%	1h	121.36	−0.016%	$146.5M	$60.1M	10x	as long as short