Funding arb · Price arb /

INTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.026%

Price spread now: Lighter RH against Bybit+0.041%7-day average −0.041% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$260.260% of the position

Long on Bybit Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.099%−$10 on $10k

Price spread, last 7 days−0.087%−$9 · spread now +0.041%, 7d avg −0.041%

Together, before fees−0.186%+ Points / potential airdropLighter RH: Points live · farm board−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.082% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.041%. Mind the row above: over the last 7 days funding on this pair cost −0.099%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit INTCUSDT	121.30	0	get 0.0000% / 8h	2m 35s	$12.9M	$28.6M	50x
Short	Lighter RH INTC	121.35	0.0032	get 0.0004% / 1h	2m 35s	$671K	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bybit. 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 BybitbpFee Lighter RHbpOrdersPrice spread, now +0.041%Rate

Funding earned: $6.72
Price spread: +0.041% → −0.041%: $8.22
Slippage, 4 orders: −$15.05
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$11.11
Costs to cover: 0.260%
Break-even: 18.6 days

Slippage from Bybit: live order book, 1 min ago; Lighter RH: live order book, 6 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 Bybit live order book, 1 min ago	0.41 bp	9.1 bp −$9	14.3 bp −$143	doesn't fit	doesn't fit
Sell Lighter RH live order book, 6 min ago	2.88 bp	3.6 bp −$4	6.9 bp −$69	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	−0.0225%	8h	121.46	+0.132%	$25.3M	$32.4M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	121.25	−0.038%	$429K	$671K	20x	as long as short
Bybit INTCUSDTlong	0.0000%	8h	121.30	long leg	$12.9M	$28.6M	50x
Gate INTC_USDT	0.0000%	8h	121.34	+0.033%	$8.3M	$31.3M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	121.38	+0.066%	$909K	$1.4M	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	121.37	+0.058%	$1.7M	$49K	10x	as long as short
Variational Omni INTC	+0.0011%	8h	121.35	+0.040%	$2.0M	$2.5M	—	as long as short
OKX INTC-USDT-SWAP	+0.0021%	8h	121.34	+0.033%	$18.2M	$67.9M	25x	as long as short
Lighter RH INTCshort	+0.0032%	1h	121.35	+0.041%	$671K	$2.8M	10x
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.033%	$213	$22K	12x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps INTCUSD	+0.0039%	1h	121.35	+0.039%	$2K	$55K	10x	as long as short
QFEX INTC-USD	+0.0039%	1h	121.31	+0.008%	$1.3M	$9.9M	10x	as long as short
Arcus INTC-USD	+0.0040%	1h	121.31	+0.008%	$91K	$290K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	121.35	+0.041%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	121.39	+0.070%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	121.30	0.000%	$1.2M	$2.5M	10x	as long as short
Binance INTCUSDT	+0.0054%	8h	121.33	+0.025%	$69.7M	$396.6M	25x	as long as short
Extended INTC_24_5-USD	+0.0056%	1h	121.33	+0.023%	$334K	$1.9M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0056%	1h	120.92	−0.313%	$245K	$818K	10x	as long as short
Polymarket Perps INTC-USD	+0.0073%	1h	121.35	+0.041%	$217K	$550K	10x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0080%	1h	121.30	0.000%	$20K	$110K	10x	as long as short
Paradex INTC-USD-PERP	+0.0083%	8h	121.32	+0.014%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0096%	1h	121.35	+0.038%	$49K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	121.30	0.000%	$47K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	121.35	+0.041%	$4K	$3K	10x	as long as short
Nado INTC-PERP	+0.0114%	1h	121.22	−0.067%	$157K	$296K	10x	as long as short
KuCoin INTCUSDTM	+0.0125%	8h	121.36	+0.049%	$1.1M	$121K	20x	as long as short
BloFin INTC-USDT	+0.0173%	8h	121.35	+0.041%	$903K	$310K	25x	as long as short
edgeX INTCUSDC	+0.0179%	4h	121.34	+0.037%	$86K	$295K	10x	as long as short
Phoenix INTC	+0.0198%	1h	121.33	+0.025%	$47K	$236K	10x	as long as short
RISEx INTC/USDC	+0.0230%	1h	121.37	+0.058%	$318K	$314K	10x	as long as short
Lighter INTC	+0.0232%	1h	121.36	+0.054%	$1.4M	$1.9M	10x	as long as short
tradeXYZ xyz:INTC	+0.0289%	1h	121.35	+0.041%	$146.5M	$60.1M	10x	as long as short