Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0363%/8h= +39.7% APRpaid last 24h +0.085%

Price spread now: Phoenix against Aster+0.013%45s7-day average +0.138% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1121.118% of the position

Long on Aster Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.632%+$63 on $10k

Price spread, last 3 days (all we have)+0.300%+$30 · spread now +0.013%, 7d avg +0.138%

Together, before fees+0.932%+ Points / potential airdropAster: Stage 5 · farm board+$93 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.124% cheaper against Aster than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.138%). If the spread goes back, that is −$12 on $10k: about 27 hours of funding at the current rate (+$11 a day). The two prices were read 45 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	Aster FARTCOINUSDT	0.1921	0.0100	pay 0.0050% / 4h	1h 42m	$77K	$192K	5x
Short	Phoenix FARTCOIN	0.1922	0.0463	get 0.0058% / 1h	42m 40s	$112K	$172K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Aster. 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 AsterbpFee PhoenixbpOrdersPrice spread, now +0.013%Rate

Funding earned: $76.14
Price spread: +0.013% → +0.138%: −$12.45
Slippage, 4 orders: −$96.85
Fee Aster: 4 bp × 2 orders: −$8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$48.15
Costs to cover: 1.118%
Break-even: 11.4 days

Slippage from Aster: live order book, 39 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 Aster live order book, 39 min ago	10.36 bp	45.5 bp −$45	1952.4 bp −$19.5K	doesn't fit	doesn't fit
Sell Phoenix live order book, 34 min ago	3.12 bp	20.4 bp −$20	58.6 bp −$586	doesn't fit	doesn't fit

FARTCOIN on 36 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
gTrade (Gains Network) FARTCOIN/USD	L +0.0005% / S −0.0002%	1h	0.1919	−0.118%	$33K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+3.256%	$1K	$4K	5.5x	as long as short
Aster FARTCOINUSDTlong	+0.0100%	4h	0.1921	long leg	$77K	$192K	5x
Binance FARTCOINUSDT	+0.0100%	4h	0.1923	+0.085%	$18.3M	$72.8M	75x	as long as short
Bybit FARTCOINUSDT	+0.0100%	4h	0.1924	+0.118%	$29.8M	$49.5M	50x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.1915	−0.335%	$76K	$20K	10x	as long as short
MEXC FARTCOIN_USDT	+0.0100%	4h	0.1923	+0.102%	$31.6M	$13.8M	100x	as long as short
Bitget FARTCOINUSDT	+0.0100%	4h	0.1924	+0.133%	$13.4M	$15.2M	50x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0100%	4h	0.1920	−0.083%	$242K	$4.4M	10x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0100%	1h	0.1923	+0.107%	$105K	$847K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX FARTCOIN-USDT	+0.0100%	4h	0.1925	+0.180%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1922	+0.029%	$154K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1923	+0.097%	$67K	$174K	20x	as long as short
Aevo FARTCOIN-PERP	+0.0104%	1h	0.1921	+0.003%	$31K	—	3x	as long as short
Lighter FARTCOIN	+0.0112%	1h	0.1924	+0.149%	$578K	$865K	10x	as long as short
BingX FARTCOIN-USDT	+0.0134%	4h	0.1924	+0.133%	—	$14.6M	—	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0154%	4h	0.1925	+0.185%	$4.5M	$13.5M	20x	as long as short
Pacifica FARTCOIN	+0.0166%	1h	0.1923	+0.102%	$180K	$412K	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0174%	4h	0.1924	+0.133%	$10.2M	$15.9M	50x	as long as short
Variational Omni FARTCOIN	+0.0236%	4h	0.1917	−0.212%	$792K	$2.5M	—	as long as short
Nado FARTCOIN-PERP	+0.0262%	1h	0.1925	+0.163%	$779K	$695K	10x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0284% / S −0.0294%	1h	0.1919	−0.142%	$47K	—	100x	as long as short
Extended FARTCOIN-USD	+0.0304%	1h	0.1925	+0.194%	$200K	$2.1M	25x	as long as short
Gate FARTCOIN_USDT	+0.0326%	4h	0.1924	+0.128%	$10.9M	$7.9M	75x	as long as short
BloFin FARTCOIN-USDT	+0.0340%	4h	0.1922	+0.029%	$951K	$1.8M	75x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0375%	1h	0.1921	−0.033%	$122K	$95K	25x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1923	+0.103%	$0	—	5x	as long as short
Phoenix FARTCOINshort	+0.0463%	1h	0.1922	+0.013%	$112K	$172K	10x
Backpack FARTCOIN_USDC_PERP	+0.0465%	1h	0.1922	+0.034%	$85K	$247K	10x	as long as short
Arcus FARTCOIN-USD	+0.0557%	1h	0.1926	+0.237%	$14K	$111K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0569%	4h	0.1922	+0.029%	$24K	$3K	20x	as long as short
01 Exchange FARTCOINUSD	+0.0736%	1h	0.1929	+0.378%	$391	$381	10x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0812%	1h	0.1922	+0.051%	$747K	$1.7M	50x	as long as short
Hyperliquid FARTCOIN	+0.0924%	1h	0.1925	+0.190%	$42.6M	$26.8M	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.0968%	1h	0.1929	+0.393%	$954K	$7.6M	50x	as long as short
ApeX Omni FARTCOINUSDT	+0.1219%	1h	0.1920	−0.075%	$26K	$227K	50x	as long as short