Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.006%

Price spread now: Lighter against BloFin−0.095%60s7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$210.208% of the position

Long on BloFin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.064%+$6 on $10k

Price spread, last 3 days (all we have)+0.056%+$6 · spread now −0.095%, 7d avg −0.008%

Together, before fees+0.120%+ Points / potential airdropLighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.087% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you. The two prices were read 60 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	BloFin INTC-USDT	123.72	0.0290	pay 0.0290% / 8h	6h 58m	$920K	$310K	25x
Short	Lighter INTC	123.60	0.0272	get 0.0034% / 1h	58m 03s	$1.5M	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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 BloFinbpFee LighterbpOrdersPrice spread, now −0.095%Rate

Funding earned: −$3.8
Price spread: −0.095% → −0.008%: −$8.69
Slippage, 4 orders: −$8.81
Fee BloFin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$33.3
Costs to cover: 0.208%
Break-even: never at this rate

Slippage from BloFin: live order book, 9 min ago; Lighter: live order book, 3 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 BloFin live order book, 9 min ago	0.40 bp	10.5 bp −$11	13.5 bp −$135	27.0 bp −$2,705	69.8 bp −$34.9K
Sell Lighter live order book, 3 min ago	1.01 bp	2.8 bp −$3	7.0 bp −$70	32.8 bp −$3,279	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	−0.0082%	1h	123.54	−0.145%	$173K	$244K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	123.60	−0.099%	$318K	$516K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.55	−0.137%	$13.3M	$28.3M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.58	−0.113%	$8.4M	$29.9M	75x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	123.50	−0.178%	$21K	$107K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.54	−0.145%	$1.7M	$51K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0028%	8h	123.58	−0.113%	$18.6M	$67.4M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	123.55	−0.137%	$614K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.924%	$213	$22K	12x	as long as short
Aftermath Perps INTCUSD	+0.0040%	1h	123.67	−0.041%	$2K	$52K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus INTC-USD	+0.0040%	1h	123.70	−0.016%	$95K	$306K	10x	as long as short
GRVT INTC_USDT_Perp	+0.0041%	8h	123.77	+0.040%	$928K	$1.4M	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	123.72	0.000%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	123.58	−0.113%	$213K	$474K	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.53	−0.154%	$28K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.50	−0.178%	$1.3M	$2.2M	10x	as long as short
QFEX INTC-USD	+0.0055%	1h	123.58	−0.113%	$1.7M	$13.5M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0064%	1h	123.53	−0.154%	$261K	$1.0M	10x	as long as short
tradeXYZ xyz:INTC	+0.0081%	1h	123.51	−0.170%	$147.4M	$69.8M	10x	as long as short
Paradex INTC-USD-PERP	+0.0089%	8h	123.56	−0.130%	—	—	5x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.82	+0.081%	$46K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.56	−0.129%	$4K	$3K	10x	as long as short
Bitget INTCUSDT	+0.0118%	8h	123.64	−0.065%	$25.5M	$32.0M	50x	as long as short
Aevo INTC-PERP	+0.0120%	1h	123.60	−0.097%	$50K	—	10x	as long as short
Variational Omni INTC	+0.0129%	8h	123.72	+0.003%	$2.2M	$2.5M	—	as long as short
Extended INTC_24_5-USD	+0.0168%	1h	123.55	−0.141%	$352K	$1.8M	10x	as long as short
Binance INTCUSDT	+0.0169%	8h	123.56	−0.130%	$72.3M	$399.8M	25x	as long as short
Phoenix INTC	+0.0258%	1h	123.77	+0.040%	$48K	$244K	10x	as long as short
KuCoin INTCUSDTM	+0.0264%	8h	123.59	−0.105%	$1.2M	$54K	20x	as long as short
Lighter INTCshort	+0.0272%	1h	123.60	−0.095%	$1.5M	$1.8M	10x
BloFin INTC-USDTlong	+0.0290%	8h	123.72	long leg	$920K	$310K	25x
RISEx INTC/USDC	+0.0423%	1h	123.61	−0.085%	$342K	$379K	10x	as long as short
edgeX INTCUSDC	+0.0643%	4h	123.79	+0.054%	$88K	$291K	10x	as long as short