FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0400%/8h= +43.8% APRnext payment +$0.50 per $10,000 · paid last 24h +0.206%

Price spread now: Kraken Futures against Backpack+0.023%7-day average +0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$600.603% of the position

Long on Backpack Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 3 days (all we have)+0.048%+$5 · spread now +0.023%, 7d avg +0.075%

Together, before fees+0.069%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.052% cheaper against Backpack than usual: you would sell low and buy high (spread +0.023% now, against its 7-day average of +0.075%). If the spread goes back, that is −$5 on $10k: about 10 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.021% in total) that is about 17 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack FARTCOIN_USDC_PERP	0.1947	0.0370	pay 0.0046% / 1h	25m 51s	$82K	$259K	10x
Short	Kraken Futures PF_FARTCOINUSD	0.1948	0.0770	get 0.0096% / 1h	25m 51s	$759K	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.023%Rate

Funding earned: $84
Price spread: +0.023% → +0.075%: −$5.25
Slippage, 4 orders: −$40.34
Fee Backpack: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $18.41
Costs to cover: 0.603%
Break-even: 5.5 days

Slippage from Backpack: live order book, 42 min ago; Kraken Futures: 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, 42 min ago	1.50 bp	8.1 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	10.26 bp	15.3 bp −$15	43.5 bp −$435	1401.4 bp −$140.1K	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	0.1945	−0.093%	$14K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+1.885%	$1K	$2K	5.5x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1951	+0.195%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1950	+0.139%	$156K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1948	+0.015%	$68K	$151K	20x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0172%	4h	0.1944	−0.169%	$4.8M	$15.0M	20x	as long as short
Aevo FARTCOIN-PERP	+0.0176%	1h	0.1945	−0.132%	$31K	—	3x	as long as short
Bulk FARTCOIN-USD	+0.0180%	1h	0.1947	−0.015%	$77K	$2K	10x	as long as short
Gate FARTCOIN_USDT	+0.0182%	4h	0.1943	−0.200%	$11.0M	$8.4M	75x	as long as short
Pacifica FARTCOIN	+0.0238%	1h	0.1947	−0.015%	$184K	$421K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin FARTCOINUSDTM	+0.0314%	4h	0.1946	−0.067%	$10.2M	$15.7M	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0333% / S −0.0107%	1h	0.1946	−0.085%	$67K	—	100x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0358%	1h	0.1948	+0.041%	$110K	$900K	10x	as long as short
Backpack FARTCOIN_USDC_PERPlong	+0.0370%	1h	0.1947	long leg	$82K	$259K	10x
Binance FARTCOINUSDT	+0.0383%	4h	0.1944	−0.169%	$18.5M	$78.1M	75x	as long as short
Aster FARTCOINUSDT	+0.0389%	4h	0.1945	−0.118%	$82K	$196K	5x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1949	+0.097%	$0	—	5x	as long as short
Bitget FARTCOINUSDT	+0.0466%	4h	0.1943	−0.221%	$13.7M	$17.5M	50x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0534%	4h	0.1947	−0.014%	$251K	$4.4M	10x	as long as short
Phoenix FARTCOIN	+0.0568%	1h	0.1952	+0.262%	$154K	$219K	10x	as long as short
Lighter FARTCOIN	+0.0616%	1h	0.1950	+0.139%	$631K	$1.3M	10x	as long as short
Nado FARTCOIN-PERP	+0.0624%	1h	0.1948	+0.062%	$788K	$711K	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0640%	1h	0.1946	−0.067%	$25K	$214K	50x	as long as short
BingX FARTCOIN-USDC	+0.0664%	4h	0.1943	−0.221%	—	$6.5M	—	as long as short
Extended FARTCOIN-USD	+0.0680%	1h	0.1946	−0.086%	$212K	$2.0M	25x	as long as short
MEXC FARTCOIN_USDT	+0.0694%	4h	0.1944	−0.159%	$32.4M	$14.4M	100x	as long as short
Variational Omni FARTCOIN	+0.0699%	4h	0.1949	+0.068%	$799K	$2.7M	—	as long as short
Bybit FARTCOINUSDT	+0.0722%	4h	0.1943	−0.195%	$30.2M	$52.4M	50x	as long as short
Kraken Futures PF_FARTCOINUSDshort	+0.0770%	1h	0.1948	+0.023%	$759K	$1.9M	50x
Orderly PERP_FARTCOIN_USDC	+0.0772%	4h	0.1949	+0.087%	$24K	$3K	20x	as long as short
Arcus FARTCOIN-USD	+0.0839%	1h	0.1950	+0.139%	$14K	$112K	10x	as long as short
01 Exchange FARTCOINUSD	+0.0904%	1h	0.1951	+0.200%	$395	$381	10x	as long as short
Hyperliquid FARTCOIN	+0.0905%	1h	0.1943	−0.195%	$42.9M	$28.2M	10x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0932%	1h	0.1948	+0.041%	$124K	$95K	25x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.0976%	1h	0.1949	+0.098%	$1.0M	$7.4M	50x	as long as short