Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h −0.026%

Price spread now: Phoenix against BloFin−0.057%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$360.361% of the position

Long on BloFin Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.104%−$10 · spread now −0.057%, 7d avg −0.050%

Together, before fees−0.104%−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin INTC-USDT	123.09	0.0282	pay 0.0282% / 8h	4h 12m	$926K	$306K	25x
Short	Phoenix INTC	123.02	0.0324	get 0.0041% / 1h	12m 06s	$47K	$265K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.057%Rate

Funding earned: $8.87
Price spread: −0.057% → −0.050%: −$0.69
Slippage, 4 orders: −$17.07
Fee BloFin: 6 bp × 2 orders: −$12
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$27.89
Costs to cover: 0.361%
Break-even: 29.0 days

Slippage from BloFin: live order book, 25 min ago; Phoenix: live order book, 44 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, 25 min ago	0.41 bp	6.4 bp −$6	7.0 bp −$70	15.0 bp −$1,496	doesn't fit
Sell Phoenix live order book, 44 min ago	2.43 bp	10.8 bp −$11	22.8 bp −$228	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	−0.0059%	1h	122.93	−0.127%	$172K	$282K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	123.07	−0.017%	$307K	$522K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.04	−0.041%	$13.1M	$28.5M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.03	−0.049%	$8.6M	$30.2M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	123.11	+0.016%	$25.4M	$32.0M	50x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.07	−0.016%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	123.04	−0.041%	$669K	$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	123.00	−0.073%	$93K	$307K	10x	as long as short
Aftermath Perps INTCUSD	+0.0043%	1h	123.02	−0.053%	$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
Vest INTC-USD-PERP	+0.0046%	1h	122.97	−0.097%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.04	−0.042%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	122.83	−0.211%	$1.3M	$2.1M	10x	as long as short
QFEX INTC-USD	+0.0060%	1h	123.03	−0.049%	$1.6M	$12.2M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0060%	8h	123.08	−0.008%	$18.8M	$67.5M	25x	as long as short
GRVT INTC_USDT_Perp	+0.0063%	8h	123.04	−0.044%	$922K	$1.4M	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.04	−0.041%	$48K	$261K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.02	−0.057%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0114%	8h	123.02	−0.060%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0120%	1h	123.05	−0.029%	$50K	—	10x	as long as short
Variational Omni INTC	+0.0127%	8h	123.05	−0.030%	$2.1M	$2.5M	—	as long as short
Polymarket Perps INTC-USD	+0.0133%	1h	123.05	−0.032%	$212K	$480K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0144%	1h	123.00	−0.073%	$262K	$836K	10x	as long as short
Extended INTC_24_5-USD	+0.0160%	1h	123.03	−0.047%	$345K	$1.8M	10x	as long as short
Binance INTCUSDT	+0.0163%	8h	123.08	−0.012%	$72.7M	$399.8M	25x	as long as short
KuCoin INTCUSDTM	+0.0193%	8h	123.08	−0.008%	$1.1M	$104K	20x	as long as short
BloFin INTC-USDTlong	+0.0282%	8h	123.09	long leg	$926K	$306K	25x
Lighter INTC	+0.0304%	1h	123.06	−0.028%	$1.5M	$2.1M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0319%	1h	122.99	−0.081%	$21K	$107K	10x	as long as short
Phoenix INTCshort	+0.0324%	1h	123.02	−0.057%	$47K	$265K	10x
tradeXYZ xyz:INTC	+0.0340%	1h	123.05	−0.032%	$147.2M	$69.0M	10x	as long as short
RISEx INTC/USDC	+0.0415%	1h	123.07	−0.017%	$347K	$368K	10x	as long as short
edgeX INTCUSDC	+0.0449%	4h	123.01	−0.063%	$87K	$295K	10x	as long as short