Funding arb · Price arb /

INTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.018%

Price spread now: Gate against QFEX+0.033%7-day average +0.048% · 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−$42as in the Price arb table

costs, in and out, $10k−$400.400% of the position

Long on QFEX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.114%+$11 on $10k

Price spread, last 7 days+0.049%+$5 · spread now +0.033%, 7d avg +0.048%

Together, before fees+0.163%+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.114%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX INTC-USD	122.25	0.0054	pay 0.0007% / 1h	44m 49s	$1.5M	$11.9M	10x
Short	Gate INTC_USDT	122.29	0	get 0.0000% / 8h	3h 44m	$8.5M	$29.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.033%Rate

Funding earned: −$11.39
Price spread: +0.033% → +0.048%: −$1.54
Slippage, 4 orders: −$15.02
Fee QFEX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$52.95
Costs to cover: 0.400%
Break-even: never at this rate

Slippage from QFEX: live order book, 9 min ago; Gate: 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 QFEX live order book, 9 min ago	1.63 bp	6.6 bp −$7	6.6 bp −$66	10.9 bp −$1,092	doesn't fit
Sell Gate live order book, 4 min ago	1.23 bp	13.3 bp −$13	24.6 bp −$246	42.0 bp −$4,195	85.9 bp −$43.0K

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	−0.0075%	1h	122.21	−0.029%	$171K	$283K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	122.36	+0.092%	$305K	$522K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	122.31	+0.049%	$12.9M	$28.5M	50x	as long as short
Gate INTC_USDTshort	0.0000%	8h	122.29	+0.033%	$8.5M	$29.8M	75x
Bitget INTCUSDT	0.0000%	8h	122.37	+0.098%	$25.3M	$31.8M	50x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	122.23	−0.016%	$21K	$107K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	122.36	+0.090%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	122.33	+0.065%	$667K	$2.8M	10x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−0.744%	$213	$22K	12x	as long as short
Arcus INTC-USD	+0.0040%	1h	122.33	+0.065%	$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
GRVT INTC_USDT_Perp	+0.0041%	8h	122.15	−0.079%	$916K	$1.4M	10x	as long as short
Aftermath Perps INTCUSD	+0.0045%	1h	122.34	+0.070%	$2K	$53K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	122.20	−0.041%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	122.33	+0.061%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	122.17	−0.065%	$1.3M	$2.2M	10x	as long as short
QFEX INTC-USDlong	+0.0054%	1h	122.25	long leg	$1.5M	$11.9M	10x
OKX INTC-USDT-SWAP	+0.0064%	8h	122.32	+0.057%	$18.6M	$67.6M	25x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	122.35	+0.082%	$47K	$260K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	122.30	+0.041%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0108%	8h	122.26	+0.010%	—	—	5x	as long as short
Variational Omni INTC	+0.0116%	8h	122.49	+0.199%	$2.1M	$2.5M	—	as long as short
Aevo INTC-PERP	+0.0120%	1h	122.30	+0.041%	$49K	—	10x	as long as short
Polymarket Perps INTC-USD	+0.0137%	1h	122.30	+0.041%	$211K	$484K	10x	as long as short
Binance INTCUSDT	+0.0152%	8h	122.30	+0.041%	$72.0M	$399.6M	25x	as long as short
Extended INTC_24_5-USD	+0.0152%	1h	122.29	+0.033%	$326K	$1.8M	10x	as long as short
Lighter INTC	+0.0160%	1h	122.33	+0.064%	$1.4M	$2.0M	10x	as long as short
KuCoin INTCUSDTM	+0.0181%	8h	122.36	+0.090%	$1.1M	$104K	20x	as long as short
Coinbase International INTC-PERP-INTX	+0.0192%	1h	122.14	−0.090%	$260K	$827K	10x	as long as short
BloFin INTC-USDT	+0.0272%	8h	122.32	+0.057%	$922K	$305K	25x	as long as short
tradeXYZ xyz:INTC	+0.0308%	1h	122.28	+0.025%	$146.4M	$68.1M	10x	as long as short
Phoenix INTC	+0.0326%	1h	122.46	+0.172%	$47K	$265K	10x	as long as short
edgeX INTCUSDC	+0.0391%	4h	122.34	+0.077%	$87K	$295K	10x	as long as short
RISEx INTC/USDC	+0.0459%	1h	122.33	+0.068%	$345K	$365K	10x	as long as short