Settings8H · net · $10k
Funding arb · Price arb /

INTC

RWAall INTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0213%/8h= −23.3% APRnext payment $0.27 per $10,000 · paid last 24h −0.042%
Price spread now: Polymarket Perps against Phoenix−0.025%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$400.396% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.249%−$25 on $10k
Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.025%, 7d avg +0.012%
Together, before fees−0.243%−$24 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 Polymarket Perps is 0.037% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix INTC121.670.0263pay 0.0033% / 1h31m 11s$47K$288K10x
ShortPolymarket Perps INTC-USD121.640.0050get 0.0006% / 1h31m 11s$203K$389K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
−$44.65
Price spread: −0.025% → +0.012%
−$3.65
Slippage, 4 orders
−$24.56
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$87.86
Costs to cover
0.396%
Break-even
never at this rate
Slippage from Phoenix: live order book, 14 min ago; Polymarket Perps: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 14 min ago3.28 bp11.3 bp −$1124.2 bp −$242doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 16 min ago2.87 bp7.1 bp −$77.6 bp −$76doesn't fitdoesn't fit

INTC on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster INTCUSDT0.0000%8h121.63−0.033%$300K$501K20xas long as short
Extended INTC_24_5-USD0.0000%1h121.66−0.004%$325K$1.1M10xas long as short
Binance INTCUSDT0.0000%8h121.71+0.032%$71.7M$412.2M25xas long as short
Bybit INTCUSDT0.0000%8h121.71+0.033%$13.4M$29.3M50xas long as short
OKX INTC-USDT-SWAP0.0000%8h121.72+0.041%$18.2M$68.6M25xas long as short
Gate INTC_USDT0.0000%8h121.71+0.033%$8.8M$32.4M75xas long as short
Variational Omni INTC0.0000%8h121.65−0.019%$2.1M$2.4Mas long as short
GRVT INTC_USDT_Perp0.0000%8h121.67−0.001%$912K$1.8M10xas long as short
Deribit INTC_USDC-PERPETUAL0.0000%1h121.62−0.041%$20K$179K10xas long as short
Phemex INTCUSDT0.0000%8h121.75+0.066%$1.7M$51K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH INTC+0.0032%1h121.70+0.025%$596K$3.1M10xas long as short
Aftermath Perps INTCUSD+0.0037%1h121.65−0.013%$2K$54K10xas long as short
QFEX INTC-USD+0.0044%1h121.70+0.025%$1.9M$15.1M10xas long as short
Vest INTC-USD-PERP+0.0046%1h121.670.000%$1.5M25xas long as short
Polymarket Perps INTC-USDshort+0.0050%1h121.64−0.025%$203K$389K10x
SoDEX INTC-USD+0.0050%1h121.67−0.002%$27K$3K10xas long as short
Ondo Perps INTC-USD.P+0.0050%1h121.51−0.132%$1.2M$2.2M10xas long as short
Paradex INTC-USD-PERP+0.0058%8h121.63−0.031%5xas long as short
Nado INTC-PERP+0.0059%1h121.59−0.064%$170K$211K10xas long as short
Aevo INTC-PERP+0.0080%1h121.67−0.003%$49K10xas long as short
KuCoin INTCUSDTM+0.0100%8h121.73+0.049%$1.2M$62K20xas long as short
ApeX Omni INTCUSDT+0.0100%1h121.72+0.041%$46K$259K50xas long as short
Orderly PERP_INTC_USDC_mythos+0.0100%8h121.64−0.025%$4K$3K10xas long as short
BloFin INTC-USDT+0.0120%8h121.72+0.041%$900K$316K25xas long as short
Bitget INTCUSDT+0.0161%8h121.75+0.066%$25.6M$34.1M50xas long as short
RISEx INTC/USDC+0.0169%1h121.68+0.012%$328K$388K10xas long as short
Coinbase International INTC-PERP-INTX+0.0184%1h121.56−0.090%$285K$1.2M10xas long as short
tradeXYZ xyz:INTC+0.0211%1h121.66−0.008%$143.6M$82.3M10xas long as short
Injective INTC/USDC PERP+0.0220%1h121.34−0.271%$213$31K12xas long as short
Phoenix INTClong+0.0263%1h121.67long leg$47K$288K10x
Lighter INTC+0.0264%1h121.76+0.076%$1.5M$2.3M10xas long as short
Arcus INTC-USD+0.0386%1h121.64−0.025%$134K$272K10xas long as short
edgeX INTCUSDC+0.0531%4h121.68+0.008%$86K$286K10xas long as short