Funding you earn now, next payment 05:00 UTC+0.0177%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.012%
Price spread now: Phoenix against Extended+0.053%88s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as 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−$350.347% of the position
Funding, last 7 days+0.223%+$22 on $10k
+Price spread, last 4 days (all we have)+0.198%+$20 · spread now +0.053%, 7d avg +0.017%
=Together, before fees+0.421%+ Points / potential airdropExtended: Active · farm board+$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.036% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 88 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 | Extended INTC_24_5-USD | 120.94 | 0.0088 | pay 0.0011% / 1h | 5m 45s | $336K | $1.9M | 10x |
| Short | Phoenix INTC | 121.00 | 0.0265 | get 0.0033% / 1h | 5m 45s | $47K | $240K | 10x |
Extended INTC_24_5-USD
Phoenix INTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $37.26
- Price spread: +0.053% → +0.017%
- $3.56
- Slippage, 4 orders
- −$22.74
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $6.07
- Costs to cover
- 0.347%
- Break-even
- 5.9 days
Slippage from Extended: live order book, 3 min ago; Phoenix: live order book, 39 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 Extended live order book, 3 min ago | 0.37 bp | 4.2 bp −$4 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 39 min ago | 4.13 bp | 13.0 bp −$13 | 28.5 bp −$285 | 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 | −0.0951% | 8h | 121.13 | +0.160% | $25.3M | $32.2M | 50x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 120.90 | −0.027% | $300K | $544K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 121.00 | +0.053% | $12.9M | $28.8M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 121.00 | +0.053% | $8.1M | $30.9M | 75x | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 121.05 | +0.097% | $907K | $1.4M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 120.92 | −0.013% | $20K | $108K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 120.98 | +0.036% | $1.7M | $50K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 120.98 | +0.036% | $652K | $2.8M | 10x | as long as short |
| Aftermath Perps INTCUSD | +0.0033% | 1h | 120.87 | −0.055% | $2K | $55K | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +0.334% | $213 | $22K | 12x | as long as short |
Bitget INTCUSDT
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
GRVT INTC_USDT_Perp
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
Lighter RH INTC
Aftermath Perps INTCUSD
Injective INTC/USDC PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus INTC-USD | +0.0040% | 1h | 120.91 | −0.022% | $91K | $307K | 10x | as long as short |
| Variational Omni INTC | +0.0042% | 8h | 120.99 | +0.048% | $2.1M | $2.5M | — | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 120.92 | −0.013% | — | $1.5M | 25x | as long as short |
| OKX INTC-USDT-SWAP | +0.0047% | 8h | 120.97 | +0.028% | $18.0M | $67.8M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0050% | 1h | 121.01 | +0.061% | $208K | $504K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 120.84 | −0.079% | $1.2M | $2.4M | 10x | as long as short |
| QFEX INTC-USD | +0.0052% | 1h | 120.98 | +0.036% | $1.4M | $10.6M | 10x | as long as short |
| Nado INTC-PERP | +0.0082% | 1h | 120.93 | −0.003% | $158K | $286K | 10x | as long as short |
| Binance INTCUSDT | +0.0086% | 8h | 121.00 | +0.053% | $70.0M | $397.4M | 25x | as long as short |
| Extended INTC_24_5-USDlong | +0.0088% | 1h | 120.94 | long leg | $336K | $1.9M | 10x | |
| Paradex INTC-USD-PERP | +0.0089% | 8h | 120.96 | +0.023% | — | — | 5x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 120.91 | −0.022% | $47K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 120.99 | +0.045% | $4K | $3K | 10x | as long as short |
| SoDEX INTC-USD | +0.0103% | 1h | 121.01 | +0.061% | $27K | $4K | 10x | as long as short |
| Aevo INTC-PERP | +0.0104% | 1h | 121.01 | +0.058% | $49K | — | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0115% | 8h | 120.92 | −0.013% | $1.1M | $105K | 20x | as long as short |
| Lighter INTC | +0.0144% | 1h | 120.99 | +0.044% | $1.4M | $2.0M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0184% | 1h | 120.98 | +0.036% | $245K | $844K | 10x | as long as short |
| BloFin INTC-USDT | +0.0206% | 8h | 121.02 | +0.069% | $883K | $310K | 25x | as long as short |
| RISEx INTC/USDC | +0.0215% | 1h | 121.04 | +0.088% | $316K | $331K | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0218% | 1h | 120.97 | +0.028% | $144.7M | $64.2M | 10x | as long as short |
| Phoenix INTCshort | +0.0265% | 1h | 121.00 | +0.053% | $47K | $240K | 10x | |
| edgeX INTCUSDC | +0.0980% | 4h | 120.99 | +0.041% | $86K | $294K | 10x | as long as short |
Arcus INTC-USD
Variational Omni INTC
Vest INTC-USD-PERP
OKX INTC-USDT-SWAP
Polymarket Perps INTC-USD
Ondo Perps INTC-USD.P
QFEX INTC-USD
Nado INTC-PERP
Binance INTCUSDT
Paradex INTC-USD-PERP
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
SoDEX INTC-USD
Aevo INTC-PERP
KuCoin INTCUSDTM
Lighter INTC
Coinbase International INTC-PERP-INTX
BloFin INTC-USDT
RISEx INTC/USDC
tradeXYZ xyz:INTC
edgeX INTCUSDC