Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.053%

Price spread now: Binance against QFEX+0.033%7-day average +0.057% · 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−$30as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on QFEX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.073%+$7 on $10k

Price spread, last 7 days+0.006%+$1 · spread now +0.033%, 7d avg +0.057%

Together, before fees+0.079%+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.024% cheaper against QFEX than usual: you would sell low and buy high (spread +0.033% now, against its 7-day average of +0.057%). If the spread goes back, that is −$2 on $10k: about 3.9 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.073% in total) that is about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX INTC-USD	120.94	0.0047	pay 0.0006% / 1h	18m 38s	$1.3M	$10.1M	10x
Short	Binance INTCUSDT	120.98	0.0067	get 0.0067% / 8h	1h 18m	$69.4M	$398.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against QFEX. 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 QFEXbpFee BinancebpOrdersPrice spread, now +0.033%Rate

Funding earned: $4.18
Price spread: +0.033% → +0.057%: −$2.35
Slippage, 4 orders: −$7.4
Fee QFEX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$25.58
Costs to cover: 0.274%
Break-even: 49.9 days

Slippage from QFEX: live order book, 5 min ago; Binance: live order book, 10 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 QFEX live order book, 5 min ago	1.66 bp	6.7 bp −$7	8.5 bp −$85	12.8 bp −$1,279	doesn't fit
Sell Binance live order book, 10 min ago	0.83 bp	6.7 bp −$7	11.2 bp −$112	38.8 bp −$3,885	131.8 bp −$65.9K

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	−0.0883%	8h	121.10	+0.132%	$25.3M	$32.3M	50x	as long as short
Aster INTCUSDT	0.0000%	8h	120.89	−0.041%	$425K	$669K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	120.94	0.000%	$12.9M	$28.6M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	120.94	0.000%	$8.2M	$31.0M	75x	as long as short
GRVT INTC_USDT_Perp	0.0000%	8h	120.85	−0.076%	$905K	$1.4M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	120.87	−0.058%	$20K	$109K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	120.90	−0.033%	$1.7M	$50K	10x	as long as short
OKX INTC-USDT-SWAP	+0.0020%	8h	120.95	+0.008%	$18.0M	$67.8M	25x	as long as short
Variational Omni INTC	+0.0024%	8h	120.82	−0.100%	$2.1M	$2.5M	—	as long as short
Aftermath Perps INTCUSD	+0.0029%	1h	120.63	−0.257%	$2K	$55K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH INTC	+0.0032%	1h	120.95	+0.008%	$672K	$2.9M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	+0.331%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	120.80	−0.116%	$91K	$307K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	120.86	−0.066%	—	$1.5M	25x	as long as short
QFEX INTC-USDlong	+0.0047%	1h	120.94	long leg	$1.3M	$10.1M	10x
SoDEX INTC-USD	+0.0050%	1h	120.92	−0.017%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	120.86	−0.066%	$1.2M	$2.5M	10x	as long as short
Extended INTC_24_5-USD	+0.0064%	1h	120.93	−0.006%	$334K	$965K	10x	as long as short
Binance INTCUSDTshort	+0.0067%	8h	120.98	+0.033%	$69.4M	$398.5M	25x
Polymarket Perps INTC-USD	+0.0072%	1h	120.94	0.000%	$216K	$522K	10x	as long as short
Paradex INTC-USD-PERP	+0.0080%	8h	120.92	−0.015%	—	—	5x	as long as short
Aevo INTC-PERP	+0.0096%	1h	120.96	+0.017%	$49K	—	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	120.75	−0.157%	$47K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	120.93	−0.008%	$4K	$3K	10x	as long as short
Lighter INTC	+0.0104%	1h	120.95	+0.011%	$1.4M	$1.9M	10x	as long as short
KuCoin INTCUSDTM	+0.0113%	8h	120.88	−0.050%	$1.1M	$106K	20x	as long as short
Nado INTC-PERP	+0.0121%	1h	120.86	−0.069%	$157K	$294K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0128%	1h	120.15	−0.653%	$240K	$836K	10x	as long as short
BloFin INTC-USDT	+0.0187%	8h	120.87	−0.058%	$894K	$311K	25x	as long as short
tradeXYZ xyz:INTC	+0.0197%	1h	120.94	0.000%	$144.5M	$62.5M	10x	as long as short
Phoenix INTC	+0.0199%	1h	120.77	−0.141%	$47K	$239K	10x	as long as short
RISEx INTC/USDC	+0.0239%	1h	121.02	+0.064%	$317K	$319K	10x	as long as short
edgeX INTCUSDC	+0.0725%	4h	120.75	−0.155%	$86K	$295K	10x	as long as short