Funding you earn now, next payment 10:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h −0.022%
Price spread now: KuCoin against Phoenix−0.229%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1501.501% of the position
Funding, last 7 days−0.155%−$15 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.229%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.229% cheaper against Phoenix than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix INTC | 122.26 | 0.0196 | pay 0.0025% / 1h | 57m 04s | $47K | $211K | 10x |
| Short | KuCoin INTCUSDTM | 121.98 | 0.0172 | get 0.0172% / 8h | 4h 57m | $1.1M | $325K | 20x |
Phoenix INTC
KuCoin INTCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$5.11
- Price spread: −0.229% → 0.000%
- −$22.92
- Slippage, 4 orders
- −$131.15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$178.18
- Costs to cover
- 1.501%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 44 min ago; KuCoin: live order book, 1 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 Phoenix live order book, 44 min ago | 4.10 bp | 13.2 bp −$13 | 28.8 bp −$288 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 6.97 bp | 78.3 bp −$78 | doesn't fit | 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 | 122.04 | −0.182% | $449K | $687K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 121.94 | −0.262% | $12.9M | $28.2M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 121.99 | −0.221% | $8.3M | $30.6M | 75x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 121.88 | −0.311% | $20K | $96K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 121.99 | −0.221% | $1.7M | $49K | 10x | as long as short |
| Nado INTC-PERP | +0.0020% | 1h | 121.89 | −0.307% | $157K | $285K | 10x | as long as short |
| Aftermath Perps INTCUSD | +0.0032% | 1h | 122.05 | −0.169% | $2K | $54K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 121.95 | −0.254% | $651K | $2.6M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −0.752% | $213 | $16K | 12x | as long as short |
| OKX INTC-USDT-SWAP | +0.0036% | 8h | 121.92 | −0.278% | $18.4M | $67.6M | 25x | as long as short |
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
Nado INTC-PERP
Aftermath Perps INTCUSD
Lighter RH INTC
Injective INTC/USDC PERP
OKX INTC-USDT-SWAPShow all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest INTC-USD-PERP | +0.0046% | 1h | 122.00 | −0.213% | — | $1.5M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0050% | 1h | 121.91 | −0.286% | $218K | $513K | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 121.96 | −0.247% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 122.15 | −0.090% | $1.2M | $2.6M | 10x | as long as short |
| QFEX INTC-USD | +0.0055% | 1h | 121.88 | −0.311% | $1.2M | $9.5M | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0077% | 8h | 121.86 | −0.323% | — | — | 5x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 122.31 | +0.041% | $47K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 121.92 | −0.278% | $4K | $3K | 10x | as long as short |
| Arcus INTC-USD | +0.0103% | 1h | 121.85 | −0.335% | $87K | $246K | 10x | as long as short |
| Bitget INTCUSDT | +0.0104% | 8h | 121.99 | −0.221% | $25.2M | $30.8M | 50x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0104% | 1h | 121.83 | −0.352% | $254K | $903K | 10x | as long as short |
| Variational Omni INTC | +0.0110% | 8h | 122.27 | +0.006% | $1.8M | $2.7M | — | as long as short |
| GRVT INTC_USDT_Perp | +0.0112% | 8h | 122.29 | +0.024% | $916K | $1.4M | 10x | as long as short |
| Aevo INTC-PERP | +0.0120% | 1h | 121.95 | −0.257% | $49K | — | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0147% | 1h | 121.94 | −0.262% | $146.7M | $49.6M | 10x | as long as short |
| Binance INTCUSDT | +0.0150% | 8h | 121.95 | −0.255% | $70.8M | $394.7M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0152% | 1h | 121.90 | −0.294% | $338K | $1.9M | 10x | as long as short |
| KuCoin INTCUSDTMshort | +0.0172% | 8h | 121.98 | −0.229% | $1.1M | $325K | 20x | |
| Phoenix INTClong | +0.0196% | 1h | 122.26 | long leg | $47K | $211K | 10x | |
| Lighter INTC | +0.0200% | 1h | 121.98 | −0.228% | $1.4M | $1.6M | 10x | as long as short |
| BloFin INTC-USDT | +0.0271% | 8h | 121.99 | −0.221% | $930K | $341K | 25x | as long as short |
| edgeX INTCUSDC | +0.0363% | 4h | 122.19 | −0.054% | $86K | $297K | 10x | as long as short |
| RISEx INTC/USDC | +0.0374% | 1h | 121.95 | −0.256% | $322K | $288K | 10x | as long as short |
Vest INTC-USD-PERP
Polymarket Perps INTC-USD
SoDEX INTC-USD
Ondo Perps INTC-USD.P
QFEX INTC-USD
Paradex INTC-USD-PERP
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
Arcus INTC-USD
Bitget INTCUSDT
Coinbase International INTC-PERP-INTX
Variational Omni INTC
GRVT INTC_USDT_Perp
Aevo INTC-PERP
tradeXYZ xyz:INTC
Binance INTCUSDT
Extended INTC_24_5-USD
Lighter INTC
BloFin INTC-USDT
edgeX INTCUSDC
RISEx INTC/USDC