Funding you earn now, next payment 16:00 UTC+0.0125%/8h= +13.7% APRnext payment +$1.25 per $10,000 · paid last 24h +0.046%
Price spread now: KuCoin against Phemex+0.017%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2182.182% of the position
Funding, last 7 days+0.293%+$29 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.017%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.039% dearer against Phemex than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex INTCUSDT | 120.12 | 0 | get 0.0000% / 8h | 7h 34m | $1.7M | $50K | 10x |
| Short | KuCoin INTCUSDTM | 120.14 | 0.0125 | get 0.0125% / 8h | 7h 34m | $1.1M | $154K | 20x |
Phemex INTCUSDT
KuCoin INTCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $26.25
- Price spread: +0.017% → −0.023%
- $3.92
- Slippage, 4 orders
- −$194.24
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$188.07
- Costs to cover
- 2.182%
- Break-even
- 57.2 days
Slippage from Phemex: live order book, 3 min ago; KuCoin: live order book, 10 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 Phemex live order book, 3 min ago | 2.50 bp | 37.1 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 4.98 bp | 88.1 bp −$88 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster INTCUSDT | 0.0000% | 8h | 120.17 | +0.042% | $427K | $674K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 120.11 | −0.008% | $12.8M | $28.1M | 50x | as long as short |
| OKX INTC-USDT-SWAP | 0.0000% | 8h | 120.14 | +0.017% | $18.0M | $67.5M | 25x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 120.11 | −0.008% | $7.9M | $30.9M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 120.19 | +0.058% | $25.2M | $30.3M | 50x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 120.01 | −0.092% | $20K | $110K | 10x | as long as short |
| Phemex INTCUSDTlong | 0.0000% | 8h | 120.12 | long leg | $1.7M | $50K | 10x | |
| Variational Omni INTC | +0.0008% | 8h | 120.12 | −0.004% | $1.8M | $2.7M | — | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 120.12 | 0.000% | $676K | $2.7M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0032% | 1h | 119.93 | −0.158% | $239K | $791K | 10x | as long as short |
Aster INTCUSDT
Bybit INTCUSDT
OKX INTC-USDT-SWAP
Gate INTC_USDT
Bitget INTCUSDT
Deribit INTC_USDC-PERPETUAL
Variational Omni INTC
Lighter RH INTC
Coinbase International INTC-PERP-INTXShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +1.016% | $213 | $16K | 12x | as long as short |
| Aftermath Perps INTCUSD | +0.0040% | 1h | 120.15 | +0.023% | $2K | $55K | 10x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 120.09 | −0.025% | $89K | $291K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 120.05 | −0.058% | — | $1.5M | 25x | as long as short |
| Binance INTCUSDT | +0.0046% | 8h | 120.14 | +0.017% | $69.3M | $396.2M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0048% | 1h | 120.09 | −0.022% | $332K | $1.9M | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0050% | 1h | 120.12 | 0.000% | $215K | $513K | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 120.10 | −0.017% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 119.82 | −0.250% | $1.2M | $2.4M | 10x | as long as short |
| QFEX INTC-USD | +0.0056% | 1h | 120.15 | +0.025% | $1.3M | $9.8M | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0084% | 8h | 120.11 | −0.008% | — | — | 5x | as long as short |
| Lighter INTC | +0.0088% | 1h | 120.09 | −0.022% | $1.4M | $1.8M | 10x | as long as short |
| GRVT INTC_USDT_Perp | +0.0088% | 8h | 120.03 | −0.074% | $899K | $1.4M | 10x | as long as short |
| Aevo INTC-PERP | +0.0096% | 1h | 120.08 | −0.037% | $48K | — | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 120.09 | −0.025% | $46K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 120.08 | −0.033% | $4K | $3K | 10x | as long as short |
| Nado INTC-PERP | +0.0101% | 1h | 120.06 | −0.052% | $156K | $294K | 10x | as long as short |
| KuCoin INTCUSDTMshort | +0.0125% | 8h | 120.14 | +0.017% | $1.1M | $154K | 20x | |
| BloFin INTC-USDT | +0.0166% | 8h | 120.15 | +0.025% | $902K | $330K | 25x | as long as short |
| edgeX INTCUSDC | +0.0247% | 4h | 120.04 | −0.070% | $85K | $296K | 10x | as long as short |
| Phoenix INTC | +0.0264% | 1h | 120.09 | −0.025% | $46K | $236K | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0277% | 1h | 120.08 | −0.033% | $144.9M | $57.9M | 10x | as long as short |
| RISEx INTC/USDC | +0.0362% | 1h | 120.21 | +0.073% | $315K | $312K | 10x | as long as short |
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
Arcus INTC-USD
Vest INTC-USD-PERP
Binance INTCUSDT
Extended INTC_24_5-USD
Polymarket Perps INTC-USD
SoDEX INTC-USD
Ondo Perps INTC-USD.P
QFEX INTC-USD
Paradex INTC-USD-PERP
Lighter INTC
GRVT INTC_USDT_Perp
Aevo INTC-PERP
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
Nado INTC-PERP
BloFin INTC-USDT
edgeX INTCUSDC
Phoenix INTC
tradeXYZ xyz:INTC
RISEx INTC/USDC