Settings8H · net · $10k
Funding arb · Price arb /

INTC

RWAall INTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0194%/8h= +21.2% APRpaid last 24h +0.089%
Price spread now: Phoenix against Phemex+0.114%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1141.137% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.444%+$44 on $10k
Price spread, last 3 days (all we have)−0.154%−$15 · spread now +0.114%, 7d avg −0.039%
Together, before fees+0.290%+$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.153% dearer against Phemex than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex INTCUSDT122.810get 0.0000% / 8h6h 39m$1.7M$51K10x
ShortPhoenix INTC122.950.0194get 0.0024% / 1h39m 01s$47K$245K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Phemex. 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

Funding earned
$40.73
Price spread: +0.114% → −0.039%
$15.33
Slippage, 4 orders
−$94.74
Fee Phemex: 6 bp × 2 orders
−$12
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$57.68
Costs to cover
1.137%
Break-even
16.9 days
Slippage from Phemex: live order book, 4 min ago; Phoenix: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago2.44 bp46.1 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell Phoenix live order book, 26 min ago4.04 bp13.1 bp −$1328.6 bp −$286doesn't fitdoesn't fit

INTC on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster INTCUSDT0.0000%8h122.83+0.019%$305K$527K20xas long as short
Bybit INTCUSDT0.0000%8h122.810.000%$13.3M$28.5M50xas long as short
Gate INTC_USDT0.0000%8h122.78−0.024%$8.4M$30.1M75xas long as short
Bitget INTCUSDT0.0000%8h122.85+0.033%$25.3M$32.2M50xas long as short
GRVT INTC_USDT_Perp0.0000%8h122.99+0.149%$921K$1.4M10xas long as short
Phemex INTCUSDTlong0.0000%8h122.81long leg$1.7M$51K10x
OKX INTC-USDT-SWAP+0.0011%8h122.78−0.024%$18.5M$67.3M25xas long as short
Lighter RH INTC+0.0032%1h122.80−0.008%$616K$2.8M10xas long as short
Injective INTC/USDC PERP+0.0033%1h121.34−1.197%$213$22K12xas long as short
Arcus INTC-USD+0.0040%1h122.86+0.041%$93K$308K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps INTCUSD+0.0041%1h122.86+0.044%$2K$52K10xas long as short
Vest INTC-USD-PERP+0.0046%1h122.72−0.073%$1.5M25xas long as short
Polymarket Perps INTC-USD+0.0050%1h122.70−0.090%$211K$473K10xas long as short
SoDEX INTC-USD+0.0050%1h122.80−0.005%$27K$4K10xas long as short
Ondo Perps INTC-USD.P+0.0050%1h122.64−0.138%$1.3M$2.2M10xas long as short
QFEX INTC-USD+0.0055%1h122.71−0.081%$1.7M$13.3M10xas long as short
Coinbase International INTC-PERP-INTX+0.0064%1h122.89+0.065%$259K$1.0M10xas long as short
Paradex INTC-USD-PERP+0.0080%8h122.71−0.080%5xas long as short
Nado INTC-PERP+0.0089%1h122.67−0.110%$172K$276K10xas long as short
ApeX Omni INTCUSDT+0.0100%1h122.90+0.073%$45K$258K50xas long as short
Orderly PERP_INTC_USDC_mythos+0.0100%8h122.78−0.024%$4K$3K10xas long as short
Variational Omni INTC+0.0103%8h122.98+0.135%$2.1M$2.5Mas long as short
Aevo INTC-PERP+0.0120%1h122.78−0.024%$50K10xas long as short
Binance INTCUSDT+0.0143%8h122.810.000%$71.7M$401.2M25xas long as short
Extended INTC_24_5-USD+0.0144%1h122.75−0.049%$343K$1.8M10xas long as short
Phoenix INTCshort+0.0194%1h122.95+0.114%$47K$245K10x
KuCoin INTCUSDTM+0.0254%8h122.86+0.041%$1.2M$55K20xas long as short
tradeXYZ xyz:INTC+0.0256%1h122.75−0.049%$146.8M$69.6M10xas long as short
Lighter INTC+0.0256%1h122.84+0.027%$1.5M$2.0M10xas long as short
BloFin INTC-USDT+0.0264%8h123.03+0.179%$923K$309K25xas long as short
Deribit INTC_USDC-PERPETUAL+0.0321%1h122.77−0.033%$21K$107K10xas long as short
RISEx INTC/USDC+0.0423%1h122.74−0.056%$346K$384K10xas long as short
edgeX INTCUSDC+0.0465%4h122.99+0.144%$87K$290K10xas long as short