Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.029%
Price spread now: RISEx against Phoenix−0.025%50s7-day average +0.030% · 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−$330.331% of the position
Funding, last 4 days (all we have)+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−1.148%−$115 · spread now −0.025%, 7d avg +0.030%
=Funding pays, the price is against you. RISEx is 0.055% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.030%). If the spread goes back, that is −$6 on $10k: about 5.7 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.087% in total) that is about 2.4 days. The two prices were read 50 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 | 121.21 | 0.0198 | pay 0.0025% / 1h | 33m 50s | $47K | $236K | 10x |
| Short | RISEx INTC/USDC | 121.18 | 0.0230 | get 0.0029% / 1h | 33m 50s | $318K | $324K | 10x |
Phoenix INTC
RISEx INTC/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $6.74
- Price spread: −0.025% → +0.030%
- −$5.52
- Slippage, 4 orders
- −$20.13
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$31.9
- Costs to cover
- 0.331%
- Break-even
- 40.1 days
Slippage from Phoenix: live order book, 1 min ago; RISEx: 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, 1 min ago | 4.13 bp | 13.0 bp −$13 | 28.4 bp −$284 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 4 min ago | 0.58 bp | 3.6 bp −$4 | 5.1 bp −$51 | 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 | −0.0451% | 8h | 121.25 | +0.033% | $25.3M | $32.5M | 50x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 121.12 | −0.074% | $426K | $669K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 121.11 | −0.083% | $12.9M | $28.8M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 121.10 | −0.091% | $8.2M | $31.1M | 75x | as long as short |
| GRVT INTC_USDT_Perp | 0.0000% | 8h | 121.17 | −0.036% | $908K | $1.5M | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 121.10 | −0.091% | $1.7M | $49K | 10x | as long as short |
| Variational Omni INTC | +0.0009% | 8h | 121.11 | −0.085% | $2.0M | $2.5M | — | as long as short |
| OKX INTC-USDT-SWAP | +0.0011% | 8h | 121.12 | −0.074% | $18.1M | $67.9M | 25x | as long as short |
| Aftermath Perps INTCUSD | +0.0032% | 1h | 121.13 | −0.063% | $2K | $55K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 121.09 | −0.099% | $671K | $2.8M | 10x | as long as short |
Bitget INTCUSDT
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
GRVT INTC_USDT_Perp
Phemex INTCUSDT
Variational Omni INTC
OKX INTC-USDT-SWAP
Aftermath Perps INTCUSD
Lighter RH INTCShow 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 | +0.107% | $213 | $22K | 12x | as long as short |
| QFEX INTC-USD | +0.0039% | 1h | 121.11 | −0.083% | $1.3M | $10.1M | 10x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 121.12 | −0.074% | $91K | $308K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 121.09 | −0.099% | — | $1.5M | 25x | as long as short |
| Extended INTC_24_5-USD | +0.0048% | 1h | 121.07 | −0.114% | $334K | $1.9M | 10x | as long as short |
| Binance INTCUSDT | +0.0049% | 8h | 121.11 | −0.080% | $69.5M | $399.1M | 25x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 121.09 | −0.099% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 121.10 | −0.091% | $1.2M | $2.5M | 10x | as long as short |
| Polymarket Perps INTC-USD | +0.0051% | 1h | 121.12 | −0.074% | $217K | $555K | 10x | as long as short |
| Nado INTC-PERP | +0.0052% | 1h | 121.06 | −0.121% | $157K | $298K | 10x | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0056% | 1h | 120.15 | −0.875% | $240K | $816K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0074% | 8h | 121.10 | −0.092% | — | — | 5x | as long as short |
| Deribit INTC_USDC-PERPETUAL | +0.0081% | 1h | 121.05 | −0.132% | $20K | $110K | 10x | as long as short |
| Aevo INTC-PERP | +0.0096% | 1h | 121.12 | −0.074% | $49K | — | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 121.14 | −0.058% | $47K | $258K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 121.10 | −0.091% | $4K | $3K | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0110% | 8h | 121.14 | −0.058% | $1.1M | $107K | 20x | as long as short |
| BloFin INTC-USDT | +0.0168% | 8h | 121.16 | −0.041% | $895K | $309K | 25x | as long as short |
| Lighter INTC | +0.0176% | 1h | 121.11 | −0.081% | $1.4M | $1.8M | 10x | as long as short |
| Phoenix INTClong | +0.0198% | 1h | 121.21 | long leg | $47K | $236K | 10x | |
| tradeXYZ xyz:INTC | +0.0202% | 1h | 121.08 | −0.107% | $144.7M | $60.5M | 10x | as long as short |
| RISEx INTC/USDCshort | +0.0230% | 1h | 121.18 | −0.025% | $318K | $324K | 10x | |
| edgeX INTCUSDC | +0.0984% | 4h | 121.17 | −0.029% | $86K | $295K | 10x | as long as short |
Injective INTC/USDC PERP
QFEX INTC-USD
Arcus INTC-USD
Vest INTC-USD-PERP
Extended INTC_24_5-USD
Binance INTCUSDT
SoDEX INTC-USD
Ondo Perps INTC-USD.P
Polymarket Perps INTC-USD
Nado INTC-PERP
Coinbase International INTC-PERP-INTX
Paradex INTC-USD-PERP
Deribit INTC_USDC-PERPETUAL
Aevo INTC-PERP
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
KuCoin INTCUSDTM
BloFin INTC-USDT
Lighter INTC
tradeXYZ xyz:INTC
edgeX INTCUSDC