INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0159%/8h= −17.4% APRnext payment −$0.20 per $10,000 · paid last 24h −0.058%

Price spread now: QFEX against Phoenix+0.025%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$380.384% of the position

Long on Phoenix Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.188%−$19 on $10k

Price spread, last 4 days (all we have)−1.247%−$125 · spread now +0.025%, 7d avg −0.007%

Together, before fees−1.436%−$144 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.031% dearer against Phoenix than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.007%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix INTC	121.34	0.0198	pay 0.0025% / 1h	4m 54s	$47K	$236K	10x
Short	QFEX INTC-USD	121.37	0.0039	get 0.0005% / 1h	4m 54s	$1.3M	$9.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.025%Rate

Funding earned: −$33.39
Price spread: +0.025% → −0.007%: $3.14
Slippage, 4 orders: −$21.45
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$68.69
Costs to cover: 0.384%
Break-even: never at this rate

Slippage from Phoenix: live order book, 30 min ago; QFEX: live order book, 4 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, 30 min ago	4.13 bp	13.0 bp −$13	28.4 bp −$284	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	1.24 bp	6.2 bp −$6	6.9 bp −$69	11.6 bp −$1,158	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	−0.0258%	8h	121.49	+0.124%	$25.3M	$32.4M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	121.28	−0.051%	$429K	$671K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	121.35	+0.008%	$12.9M	$28.6M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	121.37	+0.025%	$8.3M	$31.3M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	121.38	+0.033%	$909K	$1.4M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	121.30	−0.033%	$20K	$110K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	121.35	+0.008%	$1.7M	$49K	10x	as long as short
Variational Omni INTC	+0.0011%	8h	121.35	+0.007%	$2.0M	$2.5M	—	as long as short
OKX INTC-USDT-SWAP	+0.0020%	8h	121.39	+0.041%	$18.2M	$68.0M	25x	as long as short
Lighter RH INTC	+0.0032%	1h	121.36	+0.016%	$671K	$2.8M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective INTC/USDC PERP	+0.0033%	1h	121.34	0.000%	$213	$22K	12x	as long as short
Aftermath Perps INTCUSD	+0.0039%	1h	121.30	−0.032%	$2K	$54K	10x	as long as short
QFEX INTC-USDshort	+0.0039%	1h	121.37	+0.025%	$1.3M	$9.9M	10x
Arcus INTC-USD	+0.0040%	1h	121.30	−0.033%	$91K	$290K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	121.36	+0.016%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	121.34	+0.004%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	121.30	−0.033%	$1.2M	$2.5M	10x	as long as short
Binance INTCUSDT	+0.0053%	8h	121.38	+0.029%	$69.7M	$396.8M	25x	as long as short
Extended INTC_24_5-USD	+0.0056%	1h	121.35	+0.009%	$334K	$1.9M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0056%	1h	120.92	−0.346%	$245K	$818K	10x	as long as short
Polymarket Perps INTC-USD	+0.0072%	1h	121.36	+0.016%	$217K	$550K	10x	as long as short
Paradex INTC-USD-PERP	+0.0083%	8h	121.39	+0.038%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0096%	1h	121.35	+0.008%	$49K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	121.30	−0.033%	$47K	$258K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	121.31	−0.025%	$4K	$3K	10x	as long as short
Nado INTC-PERP	+0.0111%	1h	121.31	−0.025%	$157K	$296K	10x	as long as short
KuCoin INTCUSDTM	+0.0122%	8h	121.34	0.000%	$1.1M	$118K	20x	as long as short
BloFin INTC-USDT	+0.0173%	8h	121.36	+0.016%	$903K	$310K	25x	as long as short
edgeX INTCUSDC	+0.0179%	4h	121.34	+0.004%	$86K	$295K	10x	as long as short
Phoenix INTClong	+0.0198%	1h	121.34	long leg	$47K	$236K	10x
Lighter INTC	+0.0224%	1h	121.38	+0.029%	$1.4M	$1.9M	10x	as long as short
RISEx INTC/USDC	+0.0230%	1h	121.40	+0.047%	$318K	$314K	10x	as long as short
tradeXYZ xyz:INTC	+0.0286%	1h	121.36	+0.016%	$146.5M	$60.1M	10x	as long as short