Funding arb · Price arb /

INTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0415%/8h= +45.5% APRpaid last 24h +0.128%

Price spread now: RISEx against Phemex−0.003%7-day average +0.009% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$960.956% of the position

Long on Phemex Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.287%+$29 on $10k

Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.003%, 7d avg +0.009%

Together, before fees+0.199%+$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex INTCUSDT	123.16	0	get 0.0000% / 8h	4h 10m	$1.7M	$50K	10x
Short	RISEx INTC/USDC	123.16	0.0415	get 0.0052% / 1h	10m 13s	$348K	$368K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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

Position, each leg$Hold fordaysFee PhemexbpFee RISExbpOrdersPrice spread, now −0.003%Rate

Funding earned: $87.17
Price spread: −0.003% → +0.009%: −$1.2
Slippage, 4 orders: −$77.57
Fee Phemex: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$9.61
Costs to cover: 0.956%
Break-even: 7.8 days

Slippage from Phemex: live order book, 3 min ago; RISEx: live order book, 48 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	0.81 bp	47.3 bp −$47	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 48 min ago	1.42 bp	4.4 bp −$4	5.7 bp −$57	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-PERP	−0.0055%	1h	123.02	−0.110%	$172K	$282K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	123.14	−0.018%	$307K	$522K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.16	0.000%	$13.1M	$28.5M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.12	−0.032%	$8.6M	$30.2M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	123.19	+0.024%	$25.5M	$32.0M	50x	as long as short
Phemex INTCUSDTlong	0.0000%	8h	123.16	long leg	$1.7M	$50K	10x
Lighter RH INTC	+0.0032%	1h	123.12	−0.032%	$669K	$2.9M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.478%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	123.02	−0.114%	$93K	$307K	10x	as long as short
Aftermath Perps INTCUSD	+0.0043%	1h	123.06	−0.084%	$2K	$52K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest INTC-USD-PERP	+0.0046%	1h	123.05	−0.089%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.13	−0.025%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	122.90	−0.211%	$1.3M	$2.1M	10x	as long as short
QFEX INTC-USD	+0.0060%	1h	123.12	−0.032%	$1.6M	$12.2M	10x	as long as short
GRVT INTC_USDT_Perp	+0.0063%	8h	123.04	−0.100%	$922K	$1.4M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0064%	8h	123.15	−0.008%	$18.8M	$67.5M	25x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.04	−0.097%	$48K	$261K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.11	−0.041%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0120%	8h	123.12	−0.035%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0120%	1h	123.14	−0.016%	$50K	—	10x	as long as short
Variational Omni INTC	+0.0128%	8h	123.05	−0.087%	$2.1M	$2.5M	—	as long as short
Polymarket Perps INTC-USD	+0.0142%	1h	123.15	−0.008%	$212K	$480K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0144%	1h	123.00	−0.130%	$262K	$836K	10x	as long as short
Binance INTCUSDT	+0.0166%	8h	123.17	+0.007%	$72.6M	$399.7M	25x	as long as short
Extended INTC_24_5-USD	+0.0168%	1h	123.13	−0.028%	$345K	$1.8M	10x	as long as short
KuCoin INTCUSDTM	+0.0194%	8h	123.13	−0.024%	$1.1M	$104K	20x	as long as short
BloFin INTC-USDT	+0.0285%	8h	123.10	−0.049%	$927K	$306K	25x	as long as short
Lighter INTC	+0.0304%	1h	123.14	−0.014%	$1.5M	$2.1M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0319%	1h	123.07	−0.073%	$21K	$107K	10x	as long as short
Phoenix INTC	+0.0324%	1h	123.02	−0.114%	$47K	$265K	10x	as long as short
tradeXYZ xyz:INTC	+0.0345%	1h	123.13	−0.024%	$147.3M	$69.0M	10x	as long as short
RISEx INTC/USDCshort	+0.0415%	1h	123.16	−0.003%	$348K	$368K	10x
edgeX INTCUSDC	+0.0449%	4h	123.01	−0.120%	$87K	$295K	10x	as long as short