Funding you earn now, next payment 01:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.059%
Price spread now: Orderly against Phoenix+0.033%66s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Orderly is 0.033% dearer against Phoenix than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix INTC | 122.67 | 0.0194 | pay 0.0024% / 1h | 16m 27s | $47K | $245K | 10x |
| Short | Orderly PERP_INTC_USDC_mythos | 122.71 | 0.0100 | get 0.0100% / 8h | 6h 16m | $4K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$19.73
- Price spread: +0.033% → 0.000%
- $3.26
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$29.47
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 48 min ago; Orderly: 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, 48 min ago | 4.04 bp | 13.1 bp −$13 | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 32 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 | −0.0001% | 1h | 122.61 | −0.049% | $172K | $282K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 122.78 | +0.088% | $306K | $524K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 122.73 | +0.049% | $13.3M | $28.4M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 122.71 | +0.033% | $8.5M | $30.3M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 122.77 | +0.082% | $25.4M | $32.3M | 50x | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 122.73 | +0.052% | $919K | $1.4M | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 122.75 | +0.065% | $1.7M | $50K | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0017% | 8h | 122.70 | +0.024% | $18.5M | $67.1M | 25x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 122.73 | +0.049% | $618K | $2.8M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −1.084% | $213 | $22K | 12x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps INTCUSD | +0.0040% | 1h | 122.71 | +0.029% | $2K | $53K | 10x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 122.70 | +0.024% | $93K | $308K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 122.64 | −0.024% | — | $1.5M | 25x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 122.75 | +0.061% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 122.62 | −0.041% | $1.3M | $2.2M | 10x | as long as short |
| QFEX INTC-USD | +0.0055% | 1h | 122.71 | +0.033% | $1.7M | $13.1M | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0064% | 1h | 122.71 | +0.033% | $259K | $1.0M | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0092% | 1h | 122.70 | +0.024% | $211K | $478K | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 122.63 | −0.033% | $45K | $259K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythosshort | +0.0100% | 8h | 122.71 | +0.033% | $4K | $3K | 10x | |
| Paradex INTC-USD-PERP | +0.0100% | 8h | 122.70 | +0.021% | — | — | 5x | as long as short |
| Variational Omni INTC | +0.0103% | 8h | 122.67 | +0.002% | $2.1M | $2.5M | — | as long as short |
| Aevo INTC-PERP | +0.0120% | 1h | 122.75 | +0.064% | $49K | — | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0144% | 1h | 122.71 | +0.031% | $338K | $1.8M | 10x | as long as short |
| Binance INTCUSDT | +0.0144% | 8h | 122.73 | +0.045% | $72.2M | $401.7M | 25x | as long as short |
| Phoenix INTClong | +0.0194% | 1h | 122.67 | long leg | $47K | $245K | 10x | |
| Deribit INTC_USDC-PERPETUAL | +0.0239% | 1h | 122.70 | +0.024% | $21K | $107K | 10x | as long as short |
| tradeXYZ xyz:INTC | +0.0248% | 1h | 122.68 | +0.008% | $146.4M | $69.6M | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0251% | 8h | 122.77 | +0.082% | $1.2M | $55K | 20x | as long as short |
| Lighter INTC | +0.0336% | 1h | 122.77 | +0.084% | $1.5M | $2.0M | 10x | as long as short |
| RISEx INTC/USDC | +0.0423% | 1h | 122.75 | +0.067% | $346K | $383K | 10x | as long as short |
| edgeX INTCUSDC | +0.0851% | 4h | 122.68 | +0.007% | $87K | $292K | 10x | as long as short |
Phoenix INTC
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
GRVT INTC_USDT_Perp
Phemex INTCUSDT
OKX INTC-USDT-SWAP
Lighter RH INTC
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
SoDEX INTC-USD
Coinbase International INTC-PERP-INTX
Polymarket Perps INTC-USD
ApeX Omni INTCUSDT
Paradex INTC-USD-PERP
Variational Omni INTC
Extended INTC_24_5-USD
Binance INTCUSDT
Deribit INTC_USDC-PERPETUAL
tradeXYZ xyz:INTC
KuCoin INTCUSDTM
Lighter INTC
RISEx INTC/USDC
edgeX INTCUSDC