Funding you earn now, next payment 20:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.05 per $10,000 · paid last 24h −0.078%
Price spread now: Injective against Phoenix−0.247%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.532%−$53 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.247% cheaper against Phoenix than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix INTC | 121.64 | 0.0263 | pay 0.0033% / 1h | 32m 33s | $47K | $288K | 10x |
| Short | Injective INTC/USDC PERP | 121.34 | 0.0220 | get 0.0028% / 1h | 32m 33s | $213 | $31K | 12x |
Phoenix INTC
Injective INTC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Phoenix. 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
- −$8.95
- Price spread: −0.247% → 0.000%
- −$24.66
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$40.64
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 13 min ago; Injective: no order-book sample. Net counts fees only.
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 Phoenix live order book, 13 min ago | 3.28 bp | 11.3 bp −$11 | 24.2 bp −$242 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 121.63 | −0.008% | $300K | $501K | 20x | as long as short |
| Extended INTC_24_5-USD | 0.0000% | 1h | 121.62 | −0.014% | $325K | $1.1M | 10x | as long as short |
| Binance INTCUSDT | 0.0000% | 8h | 121.63 | −0.008% | $71.8M | $412.2M | 25x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 121.66 | +0.016% | $13.4M | $29.3M | 50x | as long as short |
| OKX INTC-USDT-SWAP | 0.0000% | 8h | 121.60 | −0.033% | $18.2M | $68.5M | 25x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 121.62 | −0.016% | $8.8M | $32.4M | 75x | as long as short |
| Variational Omni INTC | 0.0000% | 8h | 121.65 | +0.006% | $2.1M | $2.4M | — | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 121.65 | +0.012% | $912K | $1.8M | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 121.71 | +0.058% | $1.7M | $50K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 121.68 | +0.033% | $596K | $3.1M | 10x | as long as short |
Aster INTCUSDT
Extended INTC_24_5-USD
Binance INTCUSDT
Bybit INTCUSDT
OKX INTC-USDT-SWAP
Gate INTC_USDT
Variational Omni INTC
GRVT INTC_USDT_Perp
Phemex INTCUSDT
Lighter RH INTCShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps INTCUSD | +0.0037% | 1h | 121.65 | +0.012% | $2K | $54K | 10x | as long as short |
| QFEX INTC-USD | +0.0044% | 1h | 121.66 | +0.016% | $1.9M | $15.1M | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 121.65 | +0.008% | — | $1.5M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0050% | 1h | 121.65 | +0.008% | $203K | $389K | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 121.66 | +0.016% | $27K | $3K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 121.51 | −0.107% | $1.2M | $2.2M | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0058% | 8h | 121.65 | +0.006% | — | — | 5x | as long as short |
| Nado INTC-PERP | +0.0064% | 1h | 121.63 | −0.010% | $171K | $211K | 10x | as long as short |
| Deribit INTC_USDC-PERPETUAL | +0.0079% | 1h | 121.65 | +0.008% | $20K | $179K | 10x | as long as short |
| Aevo INTC-PERP | +0.0080% | 1h | 121.68 | +0.034% | $49K | — | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0100% | 8h | 121.73 | +0.074% | $1.2M | $62K | 20x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 121.67 | +0.025% | $46K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 121.65 | +0.008% | $4K | $3K | 10x | as long as short |
| BloFin INTC-USDT | +0.0120% | 8h | 121.66 | +0.016% | $902K | $316K | 25x | as long as short |
| Bitget INTCUSDT | +0.0162% | 8h | 121.66 | +0.016% | $25.6M | $34.1M | 50x | as long as short |
| RISEx INTC/USDC | +0.0169% | 1h | 121.67 | +0.026% | $327K | $388K | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0184% | 1h | 121.53 | −0.090% | $291K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0214% | 1h | 121.67 | +0.025% | $143.6M | $82.3M | 10x | as long as short |
| Injective INTC/USDC PERPshort | +0.0220% | 1h | 121.34 | −0.247% | $213 | $31K | 12x | |
| Phoenix INTClong | +0.0263% | 1h | 121.64 | long leg | $47K | $288K | 10x | |
| Lighter INTC | +0.0264% | 1h | 121.71 | +0.058% | $1.5M | $2.3M | 10x | as long as short |
| Arcus INTC-USD | +0.0386% | 1h | 121.61 | −0.025% | $134K | $272K | 10x | as long as short |
| edgeX INTCUSDC | +0.0910% | 4h | 121.65 | +0.006% | $86K | $285K | 10x | as long as short |
Aftermath Perps INTCUSD
QFEX INTC-USD
Vest INTC-USD-PERP
Polymarket Perps INTC-USD
SoDEX INTC-USD
Ondo Perps INTC-USD.P
Paradex INTC-USD-PERP
Nado INTC-PERP
Deribit INTC_USDC-PERPETUAL
Aevo INTC-PERP
KuCoin INTCUSDTM
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
BloFin INTC-USDT
Bitget INTCUSDT
RISEx INTC/USDC
Coinbase International INTC-PERP-INTX
tradeXYZ xyz:INTC
Lighter INTC
Arcus INTC-USD
edgeX INTCUSDC