Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0068%/8h= −7.5% APRpaid last 24h −0.055%

Price spread now: OKX against Lighter−0.038%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$180.178% of the position

Long on Lighter Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.425%−$42 on $10k

Price spread, last 7 days+0.008%+$1 · spread now −0.038%, 7d avg −0.009%

Together, before fees−0.417%+ Points / potential airdropLighter: Season 3 · farm board−$42 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.029% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.009%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter INTC	120.26	0.0096	pay 0.0012% / 1h	40m 20s	$1.4M	$1.9M	10x
Short	OKX INTC-USDT-SWAP	120.21	0.0028	get 0.0028% / 8h	1h 40m	$18.0M	$67.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.038%Rate

Funding earned: −$14.32
Price spread: −0.038% → −0.009%: −$2.94
Slippage, 4 orders: −$7.78
Fee Lighter: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$35.04
Costs to cover: 0.178%
Break-even: never at this rate

Slippage from Lighter: live order book, 6 min ago; OKX: live order book, 3 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, 6 min ago	2.04 bp	2.1 bp −$2	5.0 bp −$50	29.5 bp −$2,953	doesn't fit
Sell OKX live order book, 3 min ago	0.42 bp	5.9 bp −$6	11.6 bp −$116	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	−0.0958%	8h	120.39	+0.111%	$25.2M	$32.2M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	120.26	+0.001%	$423K	$668K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	120.18	−0.063%	$12.8M	$28.5M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	120.24	−0.013%	$8.0M	$30.7M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	120.31	+0.047%	$901K	$1.4M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	120.10	−0.130%	$20K	$108K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.22	−0.030%	$1.7M	$50K	10x	as long as short
OKX INTC-USDT-SWAPshort	+0.0028%	8h	120.21	−0.038%	$18.0M	$67.4M	25x
Lighter RH INTC	+0.0032%	1h	120.22	−0.030%	$668K	$2.8M	10x	as long as short
Aftermath Perps INTCUSD	+0.0033%	1h	120.21	−0.036%	$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
Variational Omni INTC	+0.0033%	8h	120.19	−0.052%	$2.1M	$2.5M	—	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.901%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	120.18	−0.063%	$91K	$306K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.08	−0.146%	—	$1.5M	25x	as long as short
QFEX INTC-USD	+0.0047%	1h	120.21	−0.038%	$1.3M	$10.3M	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	120.20	−0.047%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.11	−0.121%	$1.2M	$2.4M	10x	as long as short
Extended INTC_24_5-USD	+0.0072%	1h	120.23	−0.024%	$334K	$1.5M	10x	as long as short
Binance INTCUSDT	+0.0073%	8h	120.21	−0.038%	$69.7M	$396.9M	25x	as long as short
Polymarket Perps INTC-USD	+0.0076%	1h	120.24	−0.013%	$215K	$518K	10x	as long as short
Paradex INTC-USD-PERP	+0.0087%	8h	120.19	−0.055%	—	—	5x	as long as short
Lighter INTClong	+0.0096%	1h	120.26	long leg	$1.4M	$1.9M	10x
Aevo INTC-PERP	+0.0096%	1h	120.18	−0.062%	$48K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.14	−0.096%	$46K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.18	−0.063%	$4K	$3K	10x	as long as short
KuCoin INTCUSDTM	+0.0111%	8h	120.28	+0.020%	$1.1M	$105K	20x	as long as short
Coinbase International INTC-PERP-INTX	+0.0128%	1h	120.14	−0.096%	$240K	$837K	10x	as long as short
Nado INTC-PERP	+0.0158%	1h	120.17	−0.074%	$157K	$288K	10x	as long as short
BloFin INTC-USDT	+0.0195%	8h	120.20	−0.047%	$898K	$308K	25x	as long as short
Phoenix INTC	+0.0199%	1h	120.23	−0.022%	$46K	$239K	10x	as long as short
tradeXYZ xyz:INTC	+0.0214%	1h	120.19	−0.055%	$143.8M	$63.7M	10x	as long as short
RISEx INTC/USDC	+0.0239%	1h	120.31	+0.047%	$314K	$321K	10x	as long as short
edgeX INTCUSDC	+0.0683%	4h	120.22	−0.029%	$85K	$296K	10x	as long as short