Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0219%/8h= +24.0% APRpaid last 24h +0.091%

Price spread now: BloFin against QFEX+0.041%99s7-day average +0.039% · 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—prices read too far apart to compare

costs, in and out, $10k−$310.310% of the position

Long on QFEX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.210%+$21 on $10k

Price spread, last 4 days (all we have)+0.097%+$10 · spread now +0.041%, 7d avg +0.039%

Together, before fees+0.307%+$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 99 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	QFEX INTC-USD	123.07	0.0060	pay 0.0008% / 1h	37m 28s	$1.6M	$12.3M	10x
Short	BloFin INTC-USDT	123.12	0.0280	get 0.0280% / 8h	4h 37m	$925K	$306K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.041%Rate

Funding earned: $46.02
Price spread: +0.041% → +0.039%: $0.16
Slippage, 4 orders: −$9.01
Fee QFEX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $15.17
Costs to cover: 0.310%
Break-even: 4.7 days

Slippage from QFEX: live order book, 12 min ago; BloFin: live order book, 65 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, 12 min ago	1.63 bp	6.6 bp −$7	6.6 bp −$66	12.2 bp −$1,219	doesn't fit
Sell BloFin live order book, 65 min ago	1.22 bp	9.6 bp −$10	11.3 bp −$113	13.6 bp −$1,359	34.9 bp −$17.5K

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
Nado INTC-PERP	−0.0066%	1h	123.00	−0.056%	$172K	$283K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	123.02	−0.043%	$306K	$524K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.08	+0.008%	$13.1M	$28.4M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.06	−0.008%	$8.6M	$30.2M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	123.14	+0.057%	$25.5M	$32.1M	50x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	123.00	−0.057%	$21K	$107K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.10	+0.024%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	123.09	+0.016%	$660K	$2.9M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.406%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	123.05	−0.016%	$93K	$307K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps INTCUSD	+0.0043%	1h	123.09	+0.013%	$2K	$52K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	123.06	−0.008%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.07	0.000%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	123.00	−0.057%	$1.3M	$2.2M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0053%	8h	123.05	−0.016%	$18.7M	$67.4M	25x	as long as short
GRVT INTC_USDT_Perp	+0.0058%	8h	123.14	+0.058%	$923K	$1.4M	10x	as long as short
QFEX INTC-USDlong	+0.0060%	1h	123.07	long leg	$1.6M	$12.3M	10x
ApeX Omni INTCUSDT	+0.0100%	1h	123.11	+0.033%	$48K	$261K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.05	−0.016%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0109%	8h	123.05	−0.018%	—	—	5x	as long as short
Polymarket Perps INTC-USD	+0.0118%	1h	123.10	+0.024%	$212K	$485K	10x	as long as short
Aevo INTC-PERP	+0.0120%	1h	123.08	+0.006%	$50K	—	10x	as long as short
Variational Omni INTC	+0.0121%	8h	123.14	+0.059%	$2.2M	$2.5M	—	as long as short
Coinbase International INTC-PERP-INTX	+0.0144%	1h	123.13	+0.049%	$262K	$930K	10x	as long as short
Binance INTCUSDT	+0.0159%	8h	123.10	+0.024%	$72.8M	$399.9M	25x	as long as short
Extended INTC_24_5-USD	+0.0160%	1h	123.06	−0.009%	$340K	$1.8M	10x	as long as short
KuCoin INTCUSDTM	+0.0189%	8h	123.13	+0.049%	$1.1M	$104K	20x	as long as short
BloFin INTC-USDTshort	+0.0280%	8h	123.12	+0.041%	$925K	$306K	25x
tradeXYZ xyz:INTC	+0.0300%	1h	123.10	+0.024%	$147.0M	$69.0M	10x	as long as short
Phoenix INTC	+0.0324%	1h	123.08	+0.008%	$47K	$265K	10x	as long as short
Lighter INTC	+0.0352%	1h	123.13	+0.049%	$1.5M	$2.0M	10x	as long as short
RISEx INTC/USDC	+0.0415%	1h	123.12	+0.044%	$347K	$383K	10x	as long as short
edgeX INTCUSDC	+0.0887%	4h	123.11	+0.034%	$87K	$293K	10x	as long as short