Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0133%/8h= −14.5% APRpaid last 24h −0.049%

Price spread now: GRVT against Backpack+0.062%7-day average +0.194% · you sell dearer than you buy

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$410.410% of the position

Long on Backpack Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.721%−$72 on $10k

Price spread, last 4 days (all we have)+0.805%+$81 · spread now +0.062%, 7d avg +0.194%

Together, before fees+0.084%+ Points / potential airdropGRVT: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GRVT is 0.132% cheaper against Backpack than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.194%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack FARTCOIN_USDC_PERP	0.1947	0.0369	pay 0.0046% / 1h	28m 27s	$82K	$267K	10x
Short	GRVT FARTCOIN_USDT_Perp	0.1948	0.0236	get 0.0118% / 4h	28m 27s	$251K	$4.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Backpack. 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 BackpackbpFee GRVTbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$27.84
Price spread: +0.062% → +0.194%: −$13.2
Slippage, 4 orders: −$22.04
Fee Backpack: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$82.08
Costs to cover: 0.410%
Break-even: never at this rate

Slippage from Backpack: live order book, 50 min ago; GRVT: live order book, 6 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 Backpack live order book, 50 min ago	0.78 bp	6.4 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 6 min ago	2.57 bp	16.6 bp −$17	36.0 bp −$360	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	0.1944	−0.143%	$34K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+1.911%	$1K	$4K	5.5x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.1948	+0.080%	$77K	$12K	10x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0100%	1h	0.1946	−0.015%	$108K	$870K	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1950	+0.164%	$1K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1949	+0.113%	$156K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1950	+0.175%	$67K	$171K	20x	as long as short
Aster FARTCOINUSDT	+0.0112%	4h	0.1949	+0.099%	$79K	$197K	5x	as long as short
Aevo FARTCOIN-PERP	+0.0128%	1h	0.1949	+0.102%	$31K	—	3x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0137%	4h	0.1947	+0.010%	$4.5M	$13.7M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance FARTCOINUSDT	+0.0199%	4h	0.1947	+0.031%	$18.5M	$73.8M	75x	as long as short
Bitget FARTCOINUSDT	+0.0212%	4h	0.1948	+0.062%	$13.6M	$15.9M	50x	as long as short
GRVT FARTCOIN_USDT_Perpshort	+0.0236%	4h	0.1948	+0.062%	$251K	$4.2M	10x
KuCoin FARTCOINUSDTM	+0.0280%	4h	0.1947	+0.010%	$10.3M	$15.8M	50x	as long as short
BingX FARTCOIN-USDT	+0.0312%	4h	0.1947	+0.010%	—	$14.6M	—	as long as short
MEXC FARTCOIN_USDT	+0.0320%	4h	0.1947	+0.031%	$32.0M	$13.9M	100x	as long as short
Bybit FARTCOINUSDT	+0.0321%	4h	0.1947	+0.015%	$30.0M	$50.4M	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0334% / S −0.0533%	1h	0.1944	−0.147%	$52K	—	100x	as long as short
Backpack FARTCOIN_USDC_PERPlong	+0.0369%	1h	0.1947	long leg	$82K	$267K	10x
Gate FARTCOIN_USDT	+0.0376%	4h	0.1946	−0.036%	$11.0M	$8.0M	75x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1946	−0.027%	$0	—	5x	as long as short
Lighter FARTCOIN	+0.0424%	1h	0.1948	+0.062%	$603K	$889K	10x	as long as short
Pacifica FARTCOIN	+0.0429%	1h	0.1948	+0.036%	$184K	$406K	10x	as long as short
Variational Omni FARTCOIN	+0.0433%	4h	0.1947	−0.004%	$829K	$2.6M	—	as long as short
BloFin FARTCOIN-USDT	+0.0434%	4h	0.1947	+0.010%	$962K	$1.8M	75x	as long as short
Extended FARTCOIN-USD	+0.0568%	1h	0.1947	+0.017%	$215K	$2.1M	25x	as long as short
ApeX Omni FARTCOINUSDT	+0.0570%	1h	0.1948	+0.062%	$29K	$219K	50x	as long as short
Phoenix FARTCOIN	+0.0577%	1h	0.1949	+0.103%	$154K	$211K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0610%	4h	0.1947	+0.010%	$24K	$3K	20x	as long as short
Nado FARTCOIN-PERP	+0.0653%	1h	0.1948	+0.036%	$803K	$714K	10x	as long as short
Arcus FARTCOIN-USD	+0.0665%	1h	0.1949	+0.113%	$14K	$110K	10x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0675%	1h	0.1948	+0.051%	$124K	$95K	25x	as long as short
01 Exchange FARTCOINUSD	+0.0920%	1h	0.1952	+0.262%	$396	$381	10x	as long as short
Hyperliquid FARTCOIN	+0.0980%	1h	0.1948	+0.036%	$43.3M	$26.8M	10x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.1049%	1h	0.1948	+0.053%	$757K	$1.8M	50x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1072%	1h	0.1953	+0.293%	$964K	$7.6M	50x	as long as short