INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0292%/8h= −32.0% APRnext payment −$0.37 per $10,000 · paid last 24h −0.070%

Price spread now: Lighter RH against Phoenix+0.032%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$260.262% of the position

Long on Phoenix Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.348%−$35 on $10k

Price spread, last 4 days (all we have)−0.366%−$37 · spread now +0.032%, 7d avg −0.013%

Together, before fees−0.715%+ Points / potential airdropLighter RH: Points live · farm board−$71 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.045% dearer against Phoenix than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.013%): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix INTC	123.08	0.0324	pay 0.0041% / 1h	37m 13s	$47K	$265K	10x
Short	Lighter RH INTC	123.12	0.0032	get 0.0004% / 1h	37m 13s	$660K	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Phoenix. 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 PhoenixbpFee Lighter RHbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$61.4
Price spread: +0.032% → −0.013%: $4.51
Slippage, 4 orders: −$19.16
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$83.06
Costs to cover: 0.262%
Break-even: never at this rate

Slippage from Phoenix: live order book, 18 min ago; Lighter RH: 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, 18 min ago	2.43 bp	10.8 bp −$11	22.7 bp −$227	doesn't fit	doesn't fit
Sell Lighter RH live order book, 1 min ago	1.63 bp	2.4 bp −$2	5.4 bp −$54	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	−0.0066%	1h	123.00	−0.064%	$172K	$283K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	123.02	−0.051%	$306K	$524K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.11	+0.024%	$13.1M	$28.4M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.08	0.000%	$8.6M	$30.2M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	123.14	+0.049%	$25.5M	$32.1M	50x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.16	+0.065%	$1.7M	$50K	10x	as long as short
Lighter RH INTCshort	+0.0032%	1h	123.12	+0.032%	$660K	$2.9M	10x
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.414%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	123.05	−0.024%	$93K	$307K	10x	as long as short
Aftermath Perps INTCUSD	+0.0043%	1h	123.09	+0.005%	$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	123.06	−0.016%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.10	+0.013%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.00	−0.065%	$1.3M	$2.2M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0053%	8h	123.05	−0.024%	$18.7M	$67.4M	25x	as long as short
GRVT INTC_USDT_Perp	+0.0058%	8h	123.14	+0.050%	$923K	$1.4M	10x	as long as short
QFEX INTC-USD	+0.0060%	1h	123.07	−0.008%	$1.6M	$12.3M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0075%	1h	123.05	−0.024%	$21K	$107K	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.11	+0.024%	$48K	$261K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.06	−0.016%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0109%	8h	123.05	−0.026%	—	—	5x	as long as short
Polymarket Perps INTC-USD	+0.0118%	1h	123.10	+0.016%	$212K	$485K	10x	as long as short
Aevo INTC-PERP	+0.0120%	1h	123.11	+0.022%	$50K	—	10x	as long as short
Variational Omni INTC	+0.0121%	8h	123.14	+0.051%	$2.2M	$2.5M	—	as long as short
Coinbase International INTC-PERP-INTX	+0.0144%	1h	123.13	+0.041%	$262K	$930K	10x	as long as short
Binance INTCUSDT	+0.0159%	8h	123.12	+0.034%	$72.8M	$399.9M	25x	as long as short
Extended INTC_24_5-USD	+0.0160%	1h	123.08	+0.002%	$340K	$1.8M	10x	as long as short
KuCoin INTCUSDTM	+0.0189%	8h	123.13	+0.041%	$1.1M	$104K	20x	as long as short
BloFin INTC-USDT	+0.0279%	8h	123.11	+0.024%	$928K	$306K	25x	as long as short
tradeXYZ xyz:INTC	+0.0300%	1h	123.10	+0.016%	$147.0M	$69.0M	10x	as long as short
Phoenix INTClong	+0.0324%	1h	123.08	long leg	$47K	$265K	10x
Lighter INTC	+0.0352%	1h	123.16	+0.065%	$1.5M	$2.0M	10x	as long as short
RISEx INTC/USDC	+0.0415%	1h	123.12	+0.036%	$347K	$383K	10x	as long as short
edgeX INTCUSDC	+0.0887%	4h	123.11	+0.026%	$87K	$293K	10x	as long as short