Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.093%

Price spread now: Gate against Lighter−0.041%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$280.282% of the position

Long on Lighter Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.334%−$33 on $10k

Price spread, last 7 days+0.081%+$8 · spread now −0.041%, 7d avg +0.006%

Together, before fees−0.253%+ Points / potential airdropLighter: Season 3 · farm board−$25 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.047% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.006%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter INTC	120.58	0.0104	pay 0.0013% / 1h	27m 01s	$1.4M	$1.9M	10x
Short	Gate INTC_USDT	120.53	0	get 0.0000% / 8h	1h 27m	$8.2M	$30.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Lighter. 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 LighterbpFee GatebpOrdersPrice spread, now −0.041%Rate

Funding earned: −$21.84
Price spread: −0.041% → +0.006%: −$4.68
Slippage, 4 orders: −$13.22
Fee Lighter: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$54.74
Costs to cover: 0.282%
Break-even: never at this rate

Slippage from Lighter: live order book, 10 min ago; Gate: 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 Lighter live order book, 10 min ago	1.79 bp	1.8 bp −$2	5.0 bp −$50	29.9 bp −$2,990	doesn't fit
Sell Gate live order book, 2 min ago	0.83 bp	11.4 bp −$11	25.2 bp −$252	45.9 bp −$4,588	91.5 bp −$45.8K

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	−0.1000%	8h	120.64	+0.051%	$25.2M	$32.2M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	120.51	−0.056%	$424K	$668K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	120.52	−0.049%	$12.8M	$28.5M	50x	as long as short
Gate INTC_USDTshort	0.0000%	8h	120.53	−0.041%	$8.2M	$30.9M	75x
GRVT INTC_USDT_Perp	0.0000%	8h	120.18	−0.329%	$900K	$1.4M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	120.47	−0.090%	$20K	$109K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.50	−0.066%	$1.7M	$50K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0019%	8h	120.52	−0.049%	$18.0M	$67.4M	25x	as long as short
Variational Omni INTC	+0.0022%	8h	120.18	−0.328%	$2.1M	$2.5M	—	as long as short
Aftermath Perps INTCUSD	+0.0031%	1h	120.29	−0.240%	$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	120.56	−0.016%	$670K	$2.9M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.631%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	120.33	−0.207%	$91K	$307K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.41	−0.140%	—	$1.5M	25x	as long as short
QFEX INTC-USD	+0.0047%	1h	120.48	−0.082%	$1.3M	$10.1M	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	120.53	−0.043%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.08	−0.414%	$1.2M	$2.4M	10x	as long as short
Binance INTCUSDT	+0.0061%	8h	120.50	−0.066%	$69.2M	$397.7M	25x	as long as short
Polymarket Perps INTC-USD	+0.0063%	1h	120.55	−0.024%	$215K	$520K	10x	as long as short
Extended INTC_24_5-USD	+0.0064%	1h	120.47	−0.090%	$332K	$961K	10x	as long as short
Paradex INTC-USD-PERP	+0.0081%	8h	120.48	−0.083%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0096%	1h	120.52	−0.046%	$49K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.37	−0.173%	$47K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.51	−0.057%	$4K	$3K	10x	as long as short
Lighter INTClong	+0.0104%	1h	120.58	long leg	$1.4M	$1.9M	10x
KuCoin INTCUSDTM	+0.0104%	8h	120.50	−0.066%	$1.1M	$105K	20x	as long as short
Coinbase International INTC-PERP-INTX	+0.0128%	1h	120.15	−0.356%	$240K	$837K	10x	as long as short
Nado INTC-PERP	+0.0135%	1h	120.47	−0.091%	$157K	$287K	10x	as long as short
BloFin INTC-USDT	+0.0181%	8h	120.51	−0.057%	$896K	$309K	25x	as long as short
tradeXYZ xyz:INTC	+0.0191%	1h	120.49	−0.074%	$143.9M	$63.3M	10x	as long as short
Phoenix INTC	+0.0199%	1h	120.47	−0.090%	$46K	$239K	10x	as long as short
RISEx INTC/USDC	+0.0239%	1h	120.59	+0.005%	$316K	$320K	10x	as long as short
edgeX INTCUSDC	+0.0471%	4h	120.40	−0.152%	$86K	$293K	10x	as long as short