Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.030%

Price spread now: Aster against Lighter RH−0.049%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1301.305% of the position

Long on Lighter RH Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$4 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.049%, 7d avg +0.024%

Together, before fees−0.023%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.073% cheaper against Lighter RH than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.024%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH INTC	120.96	0.0032	pay 0.0004% / 1h	16m 51s	$671K	$2.9M	10x
Short	Aster INTCUSDT	120.90	0	get 0.0000% / 8h	1h 16m	$425K	$669K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Lighter RH. 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 Lighter RHbpFee AsterbpOrdersPrice spread, now −0.049%Rate

Funding earned: −$6.72
Price spread: −0.049% → +0.024%: −$7.26
Slippage, 4 orders: −$122.5
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$144.48
Costs to cover: 1.305%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 1 min ago; Aster: live order book, 26 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 RH live order book, 1 min ago	3.31 bp	3.8 bp −$4	8.7 bp −$87	doesn't fit	doesn't fit
Sell Aster live order book, 26 min ago	1.66 bp	12.6 bp −$13	47.2 bp −$472	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	−0.0865%	8h	121.10	+0.116%	$25.3M	$32.3M	50x	as long as short
Aster INTCUSDTshort	0.0000%	8h	120.90	−0.049%	$425K	$669K	20x
Bybit INTCUSDT	0.0000%	8h	120.94	−0.017%	$12.9M	$28.6M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	120.95	−0.008%	$8.2M	$31.0M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	120.96	−0.001%	$907K	$1.4M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	120.88	−0.066%	$20K	$109K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.95	−0.008%	$1.7M	$50K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0021%	8h	120.94	−0.017%	$18.0M	$67.8M	25x	as long as short
Variational Omni INTC	+0.0024%	8h	120.82	−0.117%	$2.1M	$2.5M	—	as long as short
Aftermath Perps INTCUSD	+0.0030%	1h	120.78	−0.145%	$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 INTClong	+0.0032%	1h	120.96	long leg	$671K	$2.9M	10x
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.314%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	120.84	−0.099%	$91K	$307K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.89	−0.058%	—	$1.5M	25x	as long as short
QFEX INTC-USD	+0.0047%	1h	120.92	−0.033%	$1.3M	$10.1M	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	120.96	0.000%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.78	−0.149%	$1.2M	$2.5M	10x	as long as short
Extended INTC_24_5-USD	+0.0064%	1h	120.92	−0.036%	$334K	$965K	10x	as long as short
Binance INTCUSDT	+0.0067%	8h	120.96	0.000%	$69.4M	$398.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0079%	1h	120.95	−0.008%	$216K	$523K	10x	as long as short
Paradex INTC-USD-PERP	+0.0080%	8h	120.93	−0.022%	—	—	5x	as long as short
Lighter INTC	+0.0096%	1h	120.95	−0.007%	$1.4M	$1.9M	10x	as long as short
Aevo INTC-PERP	+0.0096%	1h	120.95	−0.006%	$49K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.75	−0.174%	$47K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.95	−0.008%	$4K	$3K	10x	as long as short
KuCoin INTCUSDTM	+0.0112%	8h	120.90	−0.050%	$1.1M	$106K	20x	as long as short
Nado INTC-PERP	+0.0119%	1h	120.89	−0.058%	$157K	$294K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0128%	1h	120.15	−0.670%	$240K	$835K	10x	as long as short
BloFin INTC-USDT	+0.0187%	8h	120.98	+0.017%	$892K	$311K	25x	as long as short
Phoenix INTC	+0.0199%	1h	120.96	0.000%	$47K	$239K	10x	as long as short
tradeXYZ xyz:INTC	+0.0199%	1h	120.92	−0.033%	$144.4M	$62.5M	10x	as long as short
edgeX INTCUSDC	+0.0213%	4h	120.91	−0.039%	$86K	$295K	10x	as long as short
RISEx INTC/USDC	+0.0239%	1h	121.02	+0.045%	$317K	$319K	10x	as long as short