Funding arb · Price arb /

INTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0247%/8h= +27.1% APRpaid last 24h −0.007%

Price spread now: KuCoin against Nado+0.029%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$153as in the Price arb table

costs, in and out, $10k−$1551.553% of the position

Long on Nado Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.016%−$2 on $10k

Price spread, last 4 days (all we have)−0.331%−$33 · spread now +0.029%, 7d avg +0.001%

Together, before fees−0.347%+ Points / potential airdropNado: Active · farm board−$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.027% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.001%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.016% in total (about -1.8% 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	Nado INTC-PERP	123.09	−0.0055	get 0.0007% / 1h	7m 32s	$172K	$282K	10x
Short	KuCoin INTCUSDTM	123.13	0.0192	get 0.0192% / 8h	4h 07m	$1.1M	$104K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Nado. 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 NadobpFee KuCoinbpOrdersPrice spread, now +0.029%Rate

Funding earned: $51.95
Price spread: +0.029% → +0.001%: $2.72
Slippage, 4 orders: −$136.26
Fee Nado: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$100.59
Costs to cover: 1.553%
Break-even: 20.6 days

Slippage from Nado: live order book, 50 min ago; KuCoin: live order book, 7 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 Nado live order book, 50 min ago	2.03 bp	12.8 bp −$13	27.7 bp −$277	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	8.12 bp	77.9 bp −$78	doesn't fit	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
Nado INTC-PERPlong	−0.0055%	1h	123.09	long leg	$172K	$282K	10x
Aster INTCUSDT	0.0000%	8h	123.15	+0.044%	$307K	$522K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.14	+0.037%	$13.1M	$28.4M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.13	+0.029%	$8.6M	$30.2M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	123.19	+0.077%	$25.5M	$32.0M	50x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	123.06	−0.028%	$21K	$107K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.14	+0.037%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	123.16	+0.053%	$670K	$2.9M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.426%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	123.07	−0.020%	$93K	$307K	10x	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	+0.0043%	1h	123.04	−0.044%	$2K	$52K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	123.14	+0.037%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.14	+0.037%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.01	−0.069%	$1.3M	$2.1M	10x	as long as short
QFEX INTC-USD	+0.0060%	1h	123.16	+0.053%	$1.6M	$12.2M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0064%	8h	123.15	+0.045%	$18.8M	$67.5M	25x	as long as short
GRVT INTC_USDT_Perp	+0.0071%	8h	123.08	−0.012%	$922K	$1.4M	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.18	+0.069%	$48K	$260K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.11	+0.012%	$4K	$3K	10x	as long as short
Aevo INTC-PERP	+0.0120%	1h	123.13	+0.029%	$50K	—	10x	as long as short
Paradex INTC-USD-PERP	+0.0121%	8h	123.14	+0.041%	—	—	5x	as long as short
Variational Omni INTC	+0.0128%	8h	123.05	−0.035%	$2.1M	$2.5M	—	as long as short
Polymarket Perps INTC-USD	+0.0141%	1h	123.15	+0.045%	$212K	$480K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0144%	1h	123.00	−0.077%	$262K	$836K	10x	as long as short
Binance INTCUSDT	+0.0167%	8h	123.16	+0.051%	$72.6M	$399.6M	25x	as long as short
Extended INTC_24_5-USD	+0.0168%	1h	123.12	+0.017%	$345K	$1.8M	10x	as long as short
KuCoin INTCUSDTMshort	+0.0192%	8h	123.13	+0.029%	$1.1M	$104K	20x
edgeX INTCUSDC	+0.0216%	4h	123.06	−0.029%	$87K	$293K	10x	as long as short
BloFin INTC-USDT	+0.0287%	8h	123.16	+0.053%	$928K	$306K	25x	as long as short
Lighter INTC	+0.0304%	1h	123.17	+0.063%	$1.5M	$2.1M	10x	as long as short
Phoenix INTC	+0.0324%	1h	123.13	+0.029%	$47K	$265K	10x	as long as short
tradeXYZ xyz:INTC	+0.0344%	1h	123.16	+0.053%	$147.3M	$68.3M	10x	as long as short
RISEx INTC/USDC	+0.0415%	1h	123.17	+0.062%	$348K	$367K	10x	as long as short