Funding you earn now, next payment 02:00 UTC+0.0528%/8h= +57.8% APRnext payment +$0.66 per $10,000 · paid last 24h +0.163%
Price spread now: Hyperliquid against Backpack−0.382%7-day average +0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$370.368% of the position
Funding, last 7 days−0.414%−$41 on $10k
+Price spread, last 4 days (all we have)+0.313%+$31 · spread now −0.382%, 7d avg +0.097%
=Together, before fees−0.101%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.479% cheaper against Backpack than usual: you would sell low and buy high (spread −0.382% now, against its 7-day average of +0.097%). If the spread goes back, that is −$48 on $10k: about 3.0 days of funding at the current rate (+$16 a day). Mind the row above: over the last 7 days funding on this pair cost −0.414%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack FARTCOIN_USDC_PERP | 0.1939 | 0.0327 | pay 0.0041% / 1h | 10m 17s | $82K | $260K | 10x |
| Short | Hyperliquid FARTCOIN | 0.1931 | 0.0854 | get 0.0107% / 1h | 10m 17s | $42.5M | $28.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Backpack. 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
- $110.8
- Price spread: −0.382% → +0.097%
- −$47.88
- Slippage, 4 orders
- −$17.82
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $26.11
- Costs to cover
- 0.368%
- Break-even
- 5.4 days
Slippage from Backpack: live order book, 58 min ago; Hyperliquid: live order book, 3 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, 58 min ago | 1.50 bp | 8.1 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 2.06 bp | 11.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
FARTCOIN on 35 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 0.0000% | 1h | 0.1928 | −0.545% | $14K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +2.331% | $1K | $2K | 5.5x | as long as short |
| Gate FARTCOIN_USDT | +0.0100% | 4h | 0.1930 | −0.428% | $10.9M | $8.4M | 75x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1933 | −0.294% | $2K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1931 | −0.402% | $155K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1939 | +0.026% | $67K | $151K | 20x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0168% | 4h | 0.1931 | −0.402% | $4.7M | $15.0M | 20x | as long as short |
| Aevo FARTCOIN-PERP | +0.0176% | 1h | 0.1930 | −0.466% | $31K | — | 3x | as long as short |
| Bulk FARTCOIN-USD | +0.0203% | 1h | 0.1938 | −0.041% | $76K | $2K | 10x | as long as short |
| Pacifica FARTCOIN | +0.0238% | 1h | 0.1936 | −0.144% | $183K | $423K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps FARTCOIN-USD | +0.0267% | 1h | 0.1930 | −0.454% | $108K | $895K | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0268% | 4h | 0.1931 | −0.402% | $10.1M | $15.6M | 50x | as long as short |
| Backpack FARTCOIN_USDC_PERPlong | +0.0327% | 1h | 0.1939 | long leg | $82K | $260K | 10x | |
| Binance FARTCOINUSDT | +0.0375% | 4h | 0.1931 | −0.377% | $18.3M | $78.3M | 75x | as long as short |
| Aster FARTCOINUSDT | +0.0386% | 4h | 0.1934 | −0.231% | $82K | $194K | 5x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1931 | −0.394% | $0 | — | 5x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0424% | 1h | 0.1930 | −0.444% | $123K | $95K | 25x | as long as short |
| Bitget FARTCOINUSDT | +0.0426% | 4h | 0.1930 | −0.454% | $13.6M | $17.5M | 50x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0427% / S −0.0638% | 1h | 0.1928 | −0.579% | $44K | — | 100x | as long as short |
| Bybit FARTCOINUSDT | +0.0490% | 4h | 0.1931 | −0.413% | $30.0M | $52.5M | 50x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0494% | 4h | 0.1939 | +0.010% | $246K | $4.4M | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0504% | 4h | 0.1932 | −0.366% | $32.1M | $14.4M | 100x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0512% | 1h | 0.1940 | +0.062% | $25K | $214K | 50x | as long as short |
| BingX FARTCOIN-USDC | +0.0554% | 4h | 0.1930 | −0.454% | — | $6.5M | — | as long as short |
| Phoenix FARTCOIN | +0.0568% | 1h | 0.1941 | +0.139% | $153K | $219K | 10x | as long as short |
| Lighter FARTCOIN | +0.0592% | 1h | 0.1935 | −0.175% | $626K | $1.3M | 10x | as long as short |
| Nado FARTCOIN-PERP | +0.0598% | 1h | 0.1931 | −0.404% | $781K | $712K | 10x | as long as short |
| Extended FARTCOIN-USD | +0.0608% | 1h | 0.1931 | −0.401% | $211K | $2.0M | 25x | as long as short |
| Variational Omni FARTCOIN | +0.0644% | 4h | 0.1939 | +0.031% | $796K | $2.7M | — | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0777% | 1h | 0.1930 | −0.443% | $747K | $1.9M | 50x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0789% | 4h | 0.1932 | −0.351% | $24K | $3K | 20x | as long as short |
| Arcus FARTCOIN-USD | +0.0839% | 1h | 0.1933 | −0.299% | $14K | $112K | 10x | as long as short |
| Hyperliquid FARTCOINshort | +0.0854% | 1h | 0.1931 | −0.382% | $42.5M | $28.4M | 10x | |
| 01 Exchange FARTCOINUSD | +0.0880% | 1h | 0.1930 | −0.433% | $396 | $386 | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.0976% | 1h | 0.1947 | +0.402% | $1.0M | $7.3M | 50x | as long as short |
Backpack FARTCOIN_USDC_PERP
Hyperliquid FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Gate FARTCOIN_USDT
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
OKX FARTCOIN-USDT-SWAP
Bulk FARTCOIN-USD
Pacifica FARTCOIN
Polymarket Perps FARTCOIN-USD
KuCoin FARTCOINUSDTM
Binance FARTCOINUSDT
Aster FARTCOINUSDT
Deribit FARTCOIN_USDC-PERPETUAL
Bitget FARTCOINUSDT
GMX FARTCOIN/USD [WBTC.b-USDC]
Bybit FARTCOINUSDT
GRVT FARTCOIN_USDT_Perp
MEXC FARTCOIN_USDT
ApeX Omni FARTCOINUSDT
BingX FARTCOIN-USDC
Phoenix FARTCOIN
Lighter FARTCOIN
Extended FARTCOIN-USD
Variational Omni FARTCOIN
Kraken Futures PF_FARTCOINUSD
01 Exchange FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX