Funding arb · Price arb /

INTC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h −0.039%

Price spread now: QFEX against Variational Omni+0.011%7-day average −0.029% · you sell dearer than you buy

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

Long on Variational Omni Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.036%−$4 on $10k

Price spread, last 7 days−0.020%−$2 · spread now +0.011%, 7d avg −0.029%

Together, before fees−0.056%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.040% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.029%.

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 32m	$2.1M	$2.4M	—
Short	QFEX INTC-USD	121.66	0.0044	get 0.0005% / 1h	32m 40s	$1.9M	$15.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.011%Rate

Funding earned: $9.19
Price spread: +0.011% → −0.029%: $3.96
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: $3.15
Costs to cover: 0.100%
Break-even: 4.6 days

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; QFEX: live order book, 7 min ago. 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, 2 min ago	2.47 bp	doesn't fit	7.6 bp −$76	doesn't fit	doesn't fit
Sell QFEX live order book, 7 min ago	1.23 bp	6.2 bp −$6	6.2 bp −$62	11.0 bp −$1,097	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	121.63	−0.014%	$300K	$501K	20x	as long as short
Extended INTC_24_5-USD	0.0000%	1h	121.62	−0.020%	$325K	$1.1M	10x	as long as short
Binance INTCUSDT	0.0000%	8h	121.63	−0.014%	$71.8M	$412.2M	25x	as long as short
Bybit INTCUSDT	0.0000%	8h	121.66	+0.011%	$13.4M	$29.3M	50x	as long as short
OKX INTC-USDT-SWAP	0.0000%	8h	121.60	−0.038%	$18.2M	$68.5M	25x	as long as short
Gate INTC_USDT	0.0000%	8h	121.62	−0.022%	$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	121.65	+0.006%	$912K	$1.8M	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	121.71	+0.052%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	121.68	+0.027%	$596K	$3.1M	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	+0.0037%	1h	121.65	+0.007%	$2K	$54K	10x	as long as short
QFEX INTC-USDshort	+0.0044%	1h	121.66	+0.011%	$1.9M	$15.1M	10x
Vest INTC-USD-PERP	+0.0046%	1h	121.65	+0.003%	—	$1.5M	25x	as long as short
Polymarket Perps INTC-USD	+0.0050%	1h	121.65	+0.003%	$203K	$389K	10x	as long as short
SoDEX INTC-USD	+0.0050%	1h	121.66	+0.010%	$27K	$3K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	121.51	−0.112%	$1.2M	$2.2M	10x	as long as short
Paradex INTC-USD-PERP	+0.0058%	8h	121.65	0.000%	—	—	5x	as long as short
Nado INTC-PERP	+0.0064%	1h	121.63	−0.016%	$171K	$211K	10x	as long as short
Deribit INTC_USDC-PERPETUAL	+0.0079%	1h	121.65	+0.003%	$20K	$179K	10x	as long as short
Aevo INTC-PERP	+0.0080%	1h	121.68	+0.028%	$49K	—	10x	as long as short
KuCoin INTCUSDTM	+0.0100%	8h	121.73	+0.068%	$1.2M	$62K	20x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	121.67	+0.019%	$46K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	121.65	+0.003%	$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	+0.0162%	8h	121.66	+0.011%	$25.6M	$34.1M	50x	as long as short
RISEx INTC/USDC	+0.0169%	1h	121.67	+0.021%	$327K	$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	+0.0214%	1h	121.67	+0.019%	$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	121.71	+0.052%	$1.5M	$2.3M	10x	as long as short
Arcus INTC-USD	+0.0386%	1h	121.61	−0.030%	$134K	$272K	10x	as long as short
edgeX INTCUSDC	+0.0910%	4h	121.65	0.000%	$86K	$285K	10x	as long as short