Funding you earn now, next payment 08:00 UTC−0.0131%/8h= −14.3% APRnext payment −$0.16 per $10,000 · paid last 24h −0.024%
Price spread now: Phoenix against RISEx−0.060%7-day average −0.031% · 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−$35as in the Price arb table
costs, in and out, $10k−$320.323% of the position
Funding, last 4 days (all we have)−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)+0.586%+$59 · spread now −0.060%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Phoenix is 0.029% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx INTC/USDC | 121.23 | 0.0394 | pay 0.0049% / 1h | 56m 47s | $318K | $295K | 10x |
| Short | Phoenix INTC | 121.16 | 0.0264 | get 0.0033% / 1h | 56m 47s | $47K | $214K | 10x |
RISEx INTC/USDC
Phoenix INTCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against RISEx. 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
- −$27.43
- Price spread: −0.060% → −0.031%
- −$2.92
- Slippage, 4 orders
- −$19.33
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$62.69
- Costs to cover
- 0.323%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 36 min ago; Phoenix: live order book, 34 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 RISEx live order book, 36 min ago | 1.29 bp | 4.3 bp −$4 | 6.1 bp −$61 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 34 min ago | 3.35 bp | 11.9 bp −$12 | 26.5 bp −$265 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster INTCUSDT | 0.0000% | 8h | 121.51 | +0.228% | $433K | $674K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 121.44 | +0.171% | $13.0M | $28.5M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 121.41 | +0.146% | $8.0M | $30.8M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 121.57 | +0.278% | $25.3M | $30.8M | 50x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 121.16 | −0.060% | $20K | $105K | 10x | as long as short |
| Phemex INTCUSDT | 0.0000% | 8h | 121.36 | +0.105% | $1.7M | $49K | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0007% | 8h | 121.45 | +0.179% | $18.2M | $68.3M | 25x | as long as short |
| edgeX INTCUSDC | +0.0021% | 4h | 121.20 | −0.029% | $86K | $295K | 10x | as long as short |
| Lighter RH INTC | +0.0032% | 1h | 121.53 | +0.245% | $662K | $2.6M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | +0.089% | $213 | $16K | 12x | as long as short |
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
Deribit INTC_USDC-PERPETUAL
Phemex INTCUSDT
OKX INTC-USDT-SWAP
edgeX INTCUSDC
Lighter RH INTC
Injective INTC/USDC PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps INTCUSD | +0.0038% | 1h | 121.06 | −0.144% | $2K | $55K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 121.30 | +0.056% | — | $1.5M | 25x | as long as short |
| Polymarket Perps INTC-USD | +0.0050% | 1h | 121.13 | −0.085% | $217K | $512K | 10x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 121.25 | +0.010% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 121.05 | −0.151% | $1.2M | $2.6M | 10x | as long as short |
| Variational Omni INTC | +0.0053% | 8h | 121.06 | −0.144% | $1.8M | $2.7M | — | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0056% | 1h | 120.89 | −0.283% | $256K | $893K | 10x | as long as short |
| QFEX INTC-USD | +0.0063% | 1h | 121.09 | −0.118% | $1.2M | $9.7M | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0096% | 1h | 121.38 | +0.121% | $337K | $1.9M | 10x | as long as short |
| Binance INTCUSDT | +0.0096% | 8h | 121.46 | +0.187% | $69.8M | $399.9M | 25x | as long as short |
| Nado INTC-PERP | +0.0099% | 1h | 121.07 | −0.133% | $156K | $296K | 10x | as long as short |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 121.00 | −0.192% | $47K | $258K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 121.23 | −0.002% | $4K | $3K | 10x | as long as short |
| Aevo INTC-PERP | +0.0104% | 1h | 121.21 | −0.020% | $49K | — | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0113% | 8h | 121.05 | −0.148% | — | — | 5x | as long as short |
| Arcus INTC-USD | +0.0131% | 1h | 121.08 | −0.126% | $88K | $286K | 10x | as long as short |
| KuCoin INTCUSDTM | +0.0158% | 8h | 121.39 | +0.130% | $1.1M | $195K | 20x | as long as short |
| tradeXYZ xyz:INTC | +0.0160% | 1h | 121.48 | +0.204% | $146.4M | $57.2M | 10x | as long as short |
| Lighter INTC | +0.0192% | 1h | 121.55 | +0.260% | $1.4M | $1.6M | 10x | as long as short |
| BloFin INTC-USDT | +0.0216% | 8h | 121.35 | +0.097% | $900K | $337K | 25x | as long as short |
| Phoenix INTCshort | +0.0264% | 1h | 121.16 | −0.060% | $47K | $214K | 10x | |
| GRVT INTC_USDT_Perp | +0.0278% | 8h | 121.16 | −0.057% | $907K | $1.4M | 10x | as long as short |
| RISEx INTC/USDClong | +0.0394% | 1h | 121.23 | long leg | $318K | $295K | 10x |
Aftermath Perps INTCUSD
Vest INTC-USD-PERP
Polymarket Perps INTC-USD
SoDEX INTC-USD
Ondo Perps INTC-USD.P
Variational Omni INTC
Coinbase International INTC-PERP-INTX
QFEX INTC-USD
Extended INTC_24_5-USD
Binance INTCUSDT
Nado INTC-PERP
ApeX Omni INTCUSDT
Orderly PERP_INTC_USDC_mythos
Aevo INTC-PERP
Paradex INTC-USD-PERP
Arcus INTC-USD
KuCoin INTCUSDTM
tradeXYZ xyz:INTC
Lighter INTC
BloFin INTC-USDT
GRVT INTC_USDT_Perp