Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0068%/8h= +7.5% APRpaid last 24h +0.028%

Price spread now: ApeX Omni against OKX−0.280%60s7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$360.364% of the position

Long on OKX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.214%+$21 on $10k

Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.280%, 7d avg −0.001%

Together, before fees+0.347%+$35 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.279% cheaper against OKX than usual: you would sell low and buy high (spread −0.280% now, against its 7-day average of −0.001%). If the spread goes back, that is −$28 on $10k: about 14 days of funding at the current rate (+$2 a day). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX INTC-USDT-SWAP	121.29	0.0032	pay 0.0032% / 8h	6h 16m	$18.1M	$66.8M	25x
Short	ApeX Omni INTCUSDT	120.95	0.0100	get 0.0013% / 1h	16m 34s	$47K	$258K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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 OKXbpFee ApeX OmnibpOrdersPrice spread, now −0.280%Rate

Funding earned: $14.34
Price spread: −0.280% → −0.001%: −$27.92
Slippage, 4 orders: −$16.4
Fee OKX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$49.99
Costs to cover: 0.364%
Break-even: 31.4 days

Slippage from OKX: live order book, 5 min ago; ApeX Omni: live order book, 33 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 OKX live order book, 5 min ago	0.41 bp	7.5 bp −$7	11.9 bp −$119	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 33 min ago	6.19 bp	11.2 bp −$11	44.6 bp −$446	doesn't fit	doesn't fit

INTC on 33 exchanges

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	121.24	−0.041%	$433K	$679K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	121.24	−0.041%	$12.9M	$27.9M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	121.15	−0.115%	$8.1M	$31.1M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	121.37	+0.066%	$25.2M	$30.5M	50x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.99	−0.247%	$1.7M	$49K	10x	as long as short
OKX INTC-USDT-SWAPlong	+0.0032%	8h	121.29	long leg	$18.1M	$66.8M	25x
Lighter RH INTC	+0.0032%	1h	121.15	−0.115%	$670K	$2.7M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.041%	$213	$16K	12x	as long as short
Aftermath Perps INTCUSD	+0.0037%	1h	120.99	−0.250%	$2K	$56K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	121.20	−0.074%	—	$1.5M	25x	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX INTC-USD	+0.0050%	1h	120.98	−0.256%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	121.01	−0.231%	$1.2M	$2.6M	10x	as long as short
Polymarket Perps INTC-USD	+0.0054%	1h	121.21	−0.066%	$217K	$508K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0056%	1h	120.95	−0.280%	$251K	$898K	10x	as long as short
Variational Omni INTC	+0.0059%	8h	120.98	−0.255%	$1.8M	$2.7M	—	as long as short
QFEX INTC-USD	+0.0063%	1h	121.21	−0.066%	$1.2M	$9.6M	10x	as long as short
Paradex INTC-USD-PERP	+0.0076%	8h	121.11	−0.149%	—	—	5x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0081%	1h	120.89	−0.330%	$20K	$99K	10x	as long as short
GRVT INTC_USDT_Perp	+0.0100%	8h	121.03	−0.217%	$907K	$1.4M	10x	as long as short
ApeX Omni INTCUSDTshort	+0.0100%	1h	120.95	−0.280%	$47K	$258K	50x
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.96	−0.272%	$4K	$3K	10x	as long as short
Binance INTCUSDT	+0.0101%	8h	121.25	−0.036%	$69.9M	$394.4M	25x	as long as short
Extended INTC_24_5-USD	+0.0104%	1h	121.13	−0.132%	$340K	$1.9M	10x	as long as short
Aevo INTC-PERP	+0.0104%	1h	120.97	−0.266%	$49K	—	10x	as long as short
Nado INTC-PERP	+0.0114%	1h	120.97	−0.266%	$155K	$296K	10x	as long as short
Arcus INTC-USD	+0.0131%	1h	121.20	−0.074%	$88K	$244K	10x	as long as short
KuCoin INTCUSDTM	+0.0180%	8h	121.09	−0.165%	$1.1M	$241K	20x	as long as short
BloFin INTC-USDT	+0.0221%	8h	120.99	−0.247%	$909K	$337K	25x	as long as short
Lighter INTC	+0.0232%	1h	121.09	−0.162%	$1.4M	$1.7M	10x	as long as short
tradeXYZ xyz:INTC	+0.0234%	1h	121.25	−0.033%	$146.0M	$52.7M	10x	as long as short
edgeX INTCUSDC	+0.0242%	4h	120.96	−0.271%	$86K	$297K	10x	as long as short
Phoenix INTC	+0.0264%	1h	120.98	−0.256%	$47K	$214K	10x	as long as short
RISEx INTC/USDC	+0.0394%	1h	121.20	−0.077%	$319K	$290K	10x	as long as short