Funding arb · Price arb /

INTC

RWAall INTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.007%

Price spread now: Ondo Perps against Variational Omni−0.112%7-day average −0.064% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.088%+$9 on $10k

Price spread, last 7 days+0.036%+$4 · spread now −0.112%, 7d avg −0.064%

Together, before fees+0.124%+ Points / potential airdropVariational Omni: Active · Ondo Perps: Active · farm board+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.048% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of −0.064%). If the spread goes back, that is −$5 on $10k: about 3.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni INTC	121.65	0	get 0.0000% / 8h	3h 31m	$2.1M	$2.4M	—
Short	Ondo Perps INTC-USD.P	121.51	0.0050	get 0.0006% / 1h	31m 30s	$1.2M	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Variational Omni. 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 Variational OmnibpFee Ondo PerpsbpOrdersPrice spread, now −0.112%Rate

Funding earned: $10.58
Price spread: −0.112% → −0.064%: −$4.84
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $0.74
Costs to cover: 0.050%
Break-even: 6.5 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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 Variational Omni RFQ quote, 3 min ago	2.47 bp	doesn't fit	7.6 bp −$76	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	121.63	−0.014%	$300K	$501K	20x	as long as short
Extended INTC_24_5-USD	0.0000%	1h	121.65	0.000%	$325K	$1.1M	10x	as long as short
Binance INTCUSDT	0.0000%	8h	121.66	+0.012%	$71.7M	$412.2M	25x	as long as short
Bybit INTCUSDT	0.0000%	8h	121.68	+0.027%	$13.4M	$29.3M	50x	as long as short
OKX INTC-USDT-SWAP	0.0000%	8h	121.65	+0.003%	$18.2M	$68.6M	25x	as long as short
Gate INTC_USDT	0.0000%	8h	121.65	+0.003%	$8.8M	$32.4M	75x	as long as short
Variational Omni INTClong	0.0000%	8h	121.65	long leg	$2.1M	$2.4M	—
GRVT INTC_USDT_Perp	0.0000%	8h	121.67	+0.018%	$912K	$1.8M	10x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	121.62	−0.022%	$20K	$179K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	121.65	+0.003%	$1.7M	$50K	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	121.67	+0.019%	$596K	$3.1M	10x	as long as short
Aftermath Perps INTCUSD	+0.0037%	1h	121.65	+0.007%	$2K	$54K	10x	as long as short
QFEX INTC-USD	+0.0044%	1h	121.70	+0.044%	$1.9M	$15.1M	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	121.67	+0.019%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	121.61	−0.030%	$203K	$389K	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	121.63	−0.017%	$27K	$3K	10x	as long as short
Ondo Perps INTC-USD.Pshort	+0.0050%	1h	121.51	−0.112%	$1.2M	$2.2M	10x
Paradex INTC-USD-PERP	+0.0058%	8h	121.63	−0.012%	—	—	5x	as long as short
Nado INTC-PERP	+0.0059%	1h	121.59	−0.045%	$170K	$211K	10x	as long as short
Aevo INTC-PERP	+0.0080%	1h	121.64	−0.009%	$49K	—	10x	as long as short
KuCoin INTCUSDTM	+0.0100%	8h	121.70	+0.044%	$1.2M	$62K	20x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	121.72	+0.060%	$46K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	121.60	−0.038%	$4K	$3K	10x	as long as short
BloFin INTC-USDT	+0.0120%	8h	121.66	+0.011%	$902K	$316K	25x	as long as short
Bitget INTCUSDT	+0.0161%	8h	121.69	+0.035%	$25.6M	$34.1M	50x	as long as short
RISEx INTC/USDC	+0.0169%	1h	121.68	+0.031%	$328K	$388K	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0184%	1h	121.53	−0.096%	$291K	$1.2M	10x	as long as short
tradeXYZ xyz:INTC	+0.0211%	1h	121.65	+0.003%	$143.6M	$82.3M	10x	as long as short
Injective INTC/USDC PERP	+0.0220%	1h	121.34	−0.252%	$213	$31K	12x	as long as short
Phoenix INTC	+0.0263%	1h	121.64	−0.006%	$47K	$288K	10x	as long as short
Lighter INTC	+0.0264%	1h	121.73	+0.068%	$1.5M	$2.3M	10x	as long as short
Arcus INTC-USD	+0.0386%	1h	121.64	−0.006%	$134K	$272K	10x	as long as short
edgeX INTCUSDC	+0.0531%	4h	121.68	+0.028%	$86K	$286K	10x	as long as short