Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0149%/8h= +16.3% APRpaid last 24h +0.055%

Price spread now: Binance against Lighter RH−0.050%7-day average +0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$200.204% of the position

Long on Lighter RH Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$10 on $10k

Price spread, last 2 days (all we have)+0.098%+$10 · spread now −0.050%, 7d avg +0.027%

Together, before fees+0.203%+ Points / potential airdropLighter RH: Points live · farm board+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.077% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.027%). If the spread goes back, that is −$8 on $10k: about 41 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.105% in total) that is about 5.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH INTC	124.02	0.0032	pay 0.0004% / 1h	25m 08s	$615K	$2.8M	10x
Short	Binance INTCUSDT	123.96	0.0181	get 0.0181% / 8h	7h 25m	$72.5M	$402.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.050%Rate

Funding earned: $31.22
Price spread: −0.050% → +0.027%: −$7.66
Slippage, 4 orders: −$10.43
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $3.13
Costs to cover: 0.204%
Break-even: 6.3 days

Slippage from Lighter RH: live order book, 3 min ago; Binance: live order book, 4 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, 3 min ago	2.82 bp	3.8 bp −$4	8.8 bp −$88	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.40 bp	7.1 bp −$7	11.2 bp −$112	35.2 bp −$3,523	191.3 bp −$95.7K

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	124.08	+0.049%	$319K	$518K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.98	−0.032%	$13.4M	$28.4M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.98	−0.032%	$8.5M	$30.7M	75x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	123.91	−0.089%	$21K	$107K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	124.01	−0.008%	$1.7M	$50K	10x	as long as short
Nado INTC-PERP	+0.0011%	1h	123.90	−0.095%	$170K	$245K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0016%	1h	123.86	−0.129%	$264K	$1.1M	10x	as long as short
Lighter RH INTClong	+0.0032%	1h	124.02	long leg	$615K	$2.8M	10x
OKX INTC-USDT-SWAP	+0.0033%	8h	123.96	−0.048%	$18.6M	$68.1M	25x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−2.161%	$213	$22K	12x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps INTCUSD	+0.0039%	1h	123.96	−0.048%	$2K	$53K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	124.12	+0.081%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.98	−0.028%	$28K	$4K	10x	as long as short
QFEX INTC-USD	+0.0050%	1h	123.95	−0.056%	$1.8M	$14.3M	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.93	−0.073%	$1.3M	$2.2M	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	124.20	+0.145%	$46K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.99	−0.024%	$5K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0101%	8h	123.91	−0.089%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0128%	1h	123.99	−0.026%	$50K	—	10x	as long as short
Polymarket Perps INTC-USD	+0.0131%	1h	123.96	−0.048%	$213K	$471K	10x	as long as short
Variational Omni INTC	+0.0139%	8h	124.04	+0.020%	$2.2M	$2.5M	—	as long as short
Binance INTCUSDTshort	+0.0181%	8h	123.96	−0.050%	$72.5M	$402.7M	25x
Extended INTC_24_5-USD	+0.0184%	1h	123.97	−0.040%	$348K	$1.8M	10x	as long as short
GRVT INTC_USDT_Perp	+0.0202%	8h	124.14	+0.097%	$930K	$1.4M	10x	as long as short
Phoenix INTC	+0.0258%	1h	124.07	+0.040%	$48K	$256K	10x	as long as short
KuCoin INTCUSDTM	+0.0273%	8h	124.05	+0.024%	$1.2M	$53K	20x	as long as short
Bitget INTCUSDT	+0.0278%	8h	124.01	−0.008%	$25.6M	$32.7M	50x	as long as short
Lighter INTC	+0.0280%	1h	124.05	+0.026%	$1.5M	$1.8M	10x	as long as short
tradeXYZ xyz:INTC	+0.0289%	1h	123.92	−0.081%	$147.8M	$72.1M	10x	as long as short
Arcus INTC-USD	+0.0296%	1h	123.99	−0.024%	$95K	$306K	10x	as long as short
BloFin INTC-USDT	+0.0301%	8h	124.04	+0.016%	$920K	$310K	25x	as long as short
edgeX INTCUSDC	+0.0314%	4h	124.10	+0.065%	$88K	$289K	10x	as long as short
RISEx INTC/USDC	+0.0427%	1h	123.96	−0.050%	$343K	$379K	10x	as long as short