Funding you earn now, next payment 20:00 UTC−0.0220%/8hpaid last 24h −0.015%
Price spread now: Phemex against Injective+0.593%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Phemex is 0.593% dearer against Injective than usual: you sell high and buy low (spread +0.593% now, against zero (this spread has no 7-day history yet)): +$59 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.091%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.091% in total (about 4.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective INTC/USDC PERP | 121.34 | 0.0220 | pay 0.0028% / 1h | 4m 49s | $213 | $32K | 12x |
| Short | Phemex INTCUSDT | 122.06 | 0 | get 0.0000% / 8h | 4h 04m | $1.7M | $51K | 10x |
Injective INTC/USDC PERP
Phemex INTCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Injective. 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
- −$46.2
- Price spread: +0.593% → 0.000%
- $59.34
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $1.12
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Phemex: live order book, 3 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 1.64 bp | 42.3 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster INTCUSDT | 0.0000% | 8h | 122.09 | +0.622% | $305K | $477K | 20x | as long as short |
| Extended INTC_24_5-USD | 0.0000% | 1h | 122.01 | +0.554% | $327K | $1.1M | 10x | as long as short |
| Binance INTCUSDT | 0.0000% | 8h | 122.05 | +0.586% | $72.4M | $409.2M | 25x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 122.07 | +0.602% | $13.5M | $29.2M | 50x | as long as short |
| OKX INTC-USDT-SWAP | 0.0000% | 8h | 122.06 | +0.593% | $18.4M | $68.1M | 25x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 122.00 | +0.544% | $8.9M | $32.2M | 75x | as long as short |
| Variational Omni INTC | 0.0000% | 8h | 122.24 | +0.745% | $2.1M | $2.4M | — | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 122.22 | +0.728% | $916K | $1.8M | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 121.98 | +0.527% | $20K | $179K | 10x | as long as short |
| Phemex INTCUSDTshort | 0.0000% | 8h | 122.06 | +0.593% | $1.7M | $51K | 10x |
Aster INTCUSDT
Extended INTC_24_5-USD
Binance INTCUSDT
Bybit INTCUSDT
OKX INTC-USDT-SWAP
Gate INTC_USDT
Variational Omni INTC
GRVT INTC_USDT_Perp
Deribit INTC_USDC-PERPETUALShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH INTC | +0.0032% | 1h | 122.11 | +0.635% | $616K | $3.1M | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 122.15 | +0.668% | — | $1.5M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0050% | 1h | 122.11 | +0.635% | $204K | $371K | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 122.03 | +0.565% | $27K | $3K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 122.07 | +0.602% | $1.2M | $2.2M | 10x | as long as short |
| QFEX INTC-USD | +0.0057% | 1h | 122.07 | +0.602% | $1.9M | $15.0M | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0060% | 8h | 122.05 | +0.587% | — | — | 5x | as long as short |
| Aevo INTC-PERP | +0.0080% | 1h | 122.03 | +0.572% | $49K | — | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0100% | 8h | 122.02 | +0.560% | $1.2M | $61K | 20x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 122.35 | +0.832% | $46K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 122.01 | +0.552% | $4K | $3K | 10x | as long as short |
| BloFin INTC-USDT | +0.0120% | 8h | 122.07 | +0.602% | $910K | $314K | 25x | as long as short |
| Nado INTC-PERP | +0.0161% | 1h | 122.02 | +0.563% | $172K | $203K | 10x | as long as short |
| Bitget INTCUSDT | +0.0185% | 8h | 122.05 | +0.585% | $25.6M | $33.6M | 50x | as long as short |
| RISEx INTC/USDC | +0.0193% | 1h | 122.12 | +0.641% | $330K | $387K | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0197% | 1h | 122.03 | +0.569% | $144.3M | $84.2M | 10x | as long as short |
| Phoenix INTC | +0.0198% | 1h | 122.25 | +0.750% | $47K | $287K | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0208% | 1h | 122.16 | +0.676% | $324K | $1.0M | 10x | as long as short |
| Injective INTC/USDC PERPlong | +0.0220% | 1h | 121.34 | long leg | $213 | $32K | 12x | |
| Aftermath Perps INTCUSD | +0.0263% | 1h | 122.09 | +0.621% | $2K | $53K | 10x | as long as short |
| Arcus INTC-USD | +0.0291% | 1h | 122.11 | +0.635% | $138K | $268K | 10x | as long as short |
| Lighter INTC | +0.0320% | 1h | 122.14 | +0.663% | $1.5M | $2.3M | 10x | as long as short |
| edgeX INTCUSDC | +0.0454% | 4h | 122.06 | +0.591% | $86K | $285K | 10x | as long as short |
Lighter RH INTC
Vest INTC-USD-PERP
Polymarket Perps INTC-USD
SoDEX INTC-USD
Ondo Perps INTC-USD.P
QFEX INTC-USD
Paradex INTC-USD-PERP
Aevo INTC-PERP
KuCoin INTCUSDTM
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
BloFin INTC-USDT
Nado INTC-PERP
Bitget INTCUSDT
RISEx INTC/USDC
tradeXYZ xyz:INTC
Phoenix INTC
Coinbase International INTC-PERP-INTX
Aftermath Perps INTCUSD
Arcus INTC-USD
Lighter INTC
edgeX INTCUSDC