INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0185%/8h= −20.2% APRnext payment −$0.23 per $10,000 · paid last 24h −0.026%

Price spread now: Nado against Phoenix−0.064%117s7-day average −0.003% · 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—prices read too far apart to compare

costs, in and out, $10k−$520.519% of the position

Long on Phoenix Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.051%−$5 on $10k

Price spread, last 4 days (all we have)−0.091%−$9 · spread now −0.064%, 7d avg −0.003%

Together, before fees−0.142%+ Points / potential airdropNado: Active · farm board−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Nado is 0.061% cheaper against Phoenix than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.003%). Swap the legs. The two prices were read 117 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.051% in total (about -5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix INTC	120.80	0.0198	pay 0.0025% / 1h	51m 36s	$47K	$236K	10x
Short	Nado INTC-PERP	120.72	0.0013	get 0.0002% / 1h	51m 36s	$157K	$294K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.064%Rate

Funding earned: −$38.83
Price spread: −0.064% → −0.003%: −$6.13
Slippage, 4 orders: −$37.95
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$96.91
Costs to cover: 0.519%
Break-even: never at this rate

Slippage from Phoenix: live order book, 49 min ago; Nado: live order book, 51 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, 49 min ago	3.33 bp	11.1 bp −$11	24.2 bp −$242	doesn't fit	doesn't fit
Sell Nado live order book, 51 min ago	0.83 bp	15.3 bp −$15	28.4 bp −$284	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
Bitget INTCUSDT	−0.0622%	8h	120.94	+0.116%	$25.2M	$32.4M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	120.81	+0.008%	$425K	$669K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	120.76	−0.033%	$12.9M	$28.7M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	120.85	+0.041%	$8.5M	$30.4M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	120.77	−0.025%	$905K	$1.5M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	120.66	−0.116%	$20K	$109K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.80	0.000%	$1.7M	$49K	10x	as long as short
Variational Omni INTC	+0.0007%	8h	120.77	−0.023%	$2.0M	$2.5M	—	as long as short
OKX INTC-USDT-SWAP	+0.0008%	8h	120.75	−0.041%	$18.0M	$67.7M	25x	as long as short
Nado INTC-PERPshort	+0.0013%	1h	120.72	−0.064%	$157K	$294K	10x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps INTCUSD	+0.0029%	1h	120.77	−0.027%	$2K	$55K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	120.80	0.000%	$669K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.447%	$213	$22K	12x	as long as short
QFEX INTC-USD	+0.0039%	1h	120.75	−0.041%	$1.3M	$10.1M	10x	as long as short
Extended INTC_24_5-USD	+0.0040%	1h	120.78	−0.018%	$333K	$1.4M	10x	as long as short
Arcus INTC-USD	+0.0040%	1h	120.77	−0.025%	$91K	$307K	10x	as long as short
Binance INTCUSDT	+0.0041%	8h	120.74	−0.050%	$69.2M	$398.6M	25x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.72	−0.066%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	120.73	−0.058%	$216K	$539K	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	120.75	−0.041%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.74	−0.050%	$1.2M	$2.5M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0056%	1h	120.15	−0.538%	$240K	$828K	10x	as long as short
Paradex INTC-USD-PERP	+0.0071%	8h	120.79	−0.008%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0088%	1h	120.76	−0.037%	$49K	—	10x	as long as short
KuCoin INTCUSDTM	+0.0100%	8h	120.88	+0.066%	$1.1M	$106K	20x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.74	−0.050%	$47K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.72	−0.066%	$4K	$3K	10x	as long as short
Lighter INTC	+0.0120%	1h	120.85	+0.039%	$1.4M	$1.8M	10x	as long as short
tradeXYZ xyz:INTC	+0.0143%	1h	120.80	0.000%	$143.8M	$61.1M	10x	as long as short
BloFin INTC-USDT	+0.0162%	8h	120.81	+0.008%	$897K	$312K	25x	as long as short
Phoenix INTClong	+0.0198%	1h	120.80	long leg	$47K	$236K	10x
RISEx INTC/USDC	+0.0230%	1h	120.80	0.000%	$317K	$326K	10x	as long as short
edgeX INTCUSDC	+0.0356%	4h	120.82	+0.015%	$86K	$295K	10x	as long as short