INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.039%

Price spread now: Phoenix against Coinbase International+0.375%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$410.414% of the position

Long on Coinbase International Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.091%+$9 on $10k

Price spread, last 4 days (all we have)−0.437%−$44 · spread now +0.375%, 7d avg +0.056%

Together, before fees−0.346%−$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phoenix is 0.318% dearer against Coinbase International than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International INTC-PERP-INTX	120.15	0.0128	pay 0.0016% / 1h	22m 37s	$240K	$837K	10x
Short	Phoenix INTC	120.60	0.0199	get 0.0025% / 1h	22m 37s	$46K	$239K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.375%Rate

Funding earned: $14.82
Price spread: +0.375% → +0.056%: $31.82
Slippage, 4 orders: −$24.45
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $5.19
Costs to cover: 0.414%
Break-even: 4.5 days

Slippage from Coinbase International: live order book, 6 min ago; Phoenix: live order book, 18 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, 6 min ago	4.57 bp	9.7 bp −$10	12.9 bp −$129	doesn't fit	doesn't fit
Sell Phoenix live order book, 18 min ago	3.33 bp	11.1 bp −$11	24.3 bp −$243	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	−0.0945%	8h	121.04	+0.741%	$25.3M	$32.2M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	120.70	+0.461%	$425K	$668K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	120.89	+0.616%	$12.9M	$28.6M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	120.86	+0.591%	$8.2M	$30.9M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	120.55	+0.334%	$903K	$1.4M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	120.77	+0.516%	$20K	$109K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.81	+0.549%	$1.7M	$50K	10x	as long as short
Variational Omni INTC	+0.0018%	8h	120.65	+0.419%	$2.1M	$2.5M	—	as long as short
OKX INTC-USDT-SWAP	+0.0022%	8h	120.90	+0.624%	$18.1M	$67.6M	25x	as long as short
Aftermath Perps INTCUSD	+0.0031%	1h	120.49	+0.284%	$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
Lighter RH INTC	+0.0032%	1h	120.89	+0.616%	$671K	$2.9M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.990%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	120.63	+0.400%	$91K	$307K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.67	+0.433%	—	$1.5M	25x	as long as short
QFEX INTC-USD	+0.0047%	1h	120.87	+0.599%	$1.3M	$10.1M	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	120.76	+0.511%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.74	+0.491%	$1.2M	$2.5M	10x	as long as short
Extended INTC_24_5-USD	+0.0056%	1h	120.87	+0.599%	$334K	$965K	10x	as long as short
Polymarket Perps INTC-USD	+0.0064%	1h	120.76	+0.508%	$216K	$520K	10x	as long as short
Binance INTCUSDT	+0.0064%	8h	120.87	+0.599%	$69.4M	$398.0M	25x	as long as short
Paradex INTC-USD-PERP	+0.0081%	8h	120.88	+0.609%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0096%	1h	120.86	+0.589%	$49K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.59	+0.366%	$47K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.74	+0.491%	$4K	$3K	10x	as long as short
KuCoin INTCUSDTM	+0.0109%	8h	120.75	+0.499%	$1.1M	$105K	20x	as long as short
Lighter INTC	+0.0112%	1h	120.89	+0.617%	$1.4M	$1.9M	10x	as long as short
Coinbase International INTC-PERP-INTXlong	+0.0128%	1h	120.15	long leg	$240K	$837K	10x
Nado INTC-PERP	+0.0132%	1h	120.74	+0.490%	$157K	$288K	10x	as long as short
BloFin INTC-USDT	+0.0180%	8h	120.81	+0.549%	$895K	$310K	25x	as long as short
tradeXYZ xyz:INTC	+0.0197%	1h	120.89	+0.616%	$144.4M	$62.4M	10x	as long as short
Phoenix INTCshort	+0.0199%	1h	120.60	+0.375%	$46K	$239K	10x
RISEx INTC/USDC	+0.0239%	1h	120.90	+0.628%	$317K	$320K	10x	as long as short
edgeX INTCUSDC	+0.0984%	4h	120.50	+0.290%	$86K	$294K	10x	as long as short