Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.002%

Price spread now: Bybit against Coinbase International+0.075%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$370.373% of the position

Long on Coinbase International Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.163%−$16 on $10k

Price spread, last 4 days (all we have)−0.125%−$12 · spread now +0.075%, 7d avg +0.083%

Together, before fees−0.288%−$29 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.083%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International INTC-PERP-INTX	120.14	0.0128	pay 0.0016% / 1h	46m 54s	$240K	$837K	10x
Short	Bybit INTCUSDT	120.23	0	get 0.0000% / 8h	1h 46m	$12.8M	$28.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Coinbase International. 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 Coinbase InternationalbpFee BybitbpOrdersPrice spread, now +0.075%Rate

Funding earned: −$26.88
Price spread: +0.075% → +0.083%: −$0.79
Slippage, 4 orders: −$16.29
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$64.96
Costs to cover: 0.373%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 46 min ago; Bybit: 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 Coinbase International live order book, 46 min ago	3.74 bp	8.7 bp −$9	12.6 bp −$126	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	1.25 bp	10.0 bp −$10	19.5 bp −$195	309.2 bp −$30.9K	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	−0.0899%	8h	120.40	+0.216%	$25.2M	$32.2M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	120.27	+0.107%	$299K	$668K	20x	as long as short
Bybit INTCUSDTshort	0.0000%	8h	120.23	+0.075%	$12.8M	$28.6M	50x
Gate INTC_USDT	0.0000%	8h	120.21	+0.058%	$8.1M	$30.6M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	120.62	+0.400%	$903K	$1.4M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	120.17	+0.025%	$20K	$108K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.27	+0.108%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	120.26	+0.100%	$670K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.999%	$213	$22K	12x	as long as short
Aftermath Perps INTCUSD	+0.0034%	1h	120.44	+0.249%	$2K	$55K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX INTC-USDT-SWAP	+0.0034%	8h	120.21	+0.058%	$18.0M	$67.4M	25x	as long as short
Variational Omni INTC	+0.0035%	8h	120.65	+0.420%	$2.1M	$2.5M	—	as long as short
Arcus INTC-USD	+0.0040%	1h	120.42	+0.233%	$91K	$306K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.15	+0.008%	—	$1.5M	25x	as long as short
QFEX INTC-USD	+0.0047%	1h	120.26	+0.100%	$1.3M	$10.4M	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	120.27	+0.104%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.12	−0.017%	$1.2M	$2.4M	10x	as long as short
Binance INTCUSDT	+0.0076%	8h	120.25	+0.092%	$69.7M	$397.6M	25x	as long as short
Extended INTC_24_5-USD	+0.0080%	1h	120.18	+0.031%	$334K	$1.9M	10x	as long as short
Polymarket Perps INTC-USD	+0.0086%	1h	120.27	+0.108%	$215K	$517K	10x	as long as short
Paradex INTC-USD-PERP	+0.0090%	8h	120.22	+0.064%	—	—	5x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.63	+0.408%	$47K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.23	+0.075%	$4K	$3K	10x	as long as short
Aevo INTC-PERP	+0.0104%	1h	120.25	+0.093%	$48K	—	10x	as long as short
KuCoin INTCUSDTM	+0.0114%	8h	120.25	+0.092%	$1.1M	$105K	20x	as long as short
Coinbase International INTC-PERP-INTXlong	+0.0128%	1h	120.14	long leg	$240K	$837K	10x
Lighter INTC	+0.0152%	1h	120.27	+0.107%	$1.4M	$1.9M	10x	as long as short
Nado INTC-PERP	+0.0161%	1h	120.34	+0.168%	$157K	$288K	10x	as long as short
BloFin INTC-USDT	+0.0196%	8h	120.33	+0.158%	$896K	$308K	25x	as long as short
Phoenix INTC	+0.0199%	1h	120.59	+0.375%	$46K	$239K	10x	as long as short
RISEx INTC/USDC	+0.0239%	1h	120.31	+0.143%	$314K	$321K	10x	as long as short
tradeXYZ xyz:INTC	+0.0243%	1h	120.20	+0.050%	$143.8M	$63.7M	10x	as long as short
edgeX INTCUSDC	+0.0419%	4h	120.65	+0.421%	$86K	$296K	10x	as long as short