FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0319%/8h= +34.9% APRnext payment +$0.40 per $10,000 · paid last 24h +0.094%

Price spread now: Phoenix against Backpack−0.240%7-day average +0.169% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$540.543% of the position

Long on Backpack Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 3 days (all we have)+0.397%+$40 · spread now −0.240%, 7d avg +0.169%

Together, before fees+0.355%+$35 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.409% cheaper against Backpack than usual: you would sell low and buy high (spread −0.240% now, against its 7-day average of +0.169%). If the spread goes back, that is −$41 on $10k: about 4.3 days of funding at the current rate (+$10 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.042% in total (about -2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.40 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	0.1913	0.0100	pay 0.0013% / 1h	36m 58s	$84K	$248K	10x
Short	Phoenix FARTCOIN	0.1909	0.0419	get 0.0052% / 1h	36m 58s	$112K	$174K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.240%Rate

Funding earned: $67
Price spread: −0.240% → +0.169%: −$40.92
Slippage, 4 orders: −$37.31
Fee Backpack: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$28.23
Costs to cover: 0.543%
Break-even: 9.9 days

Slippage from Backpack: live order book, 51 min ago; Phoenix: live order book, 45 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, 51 min ago	0.52 bp	6.8 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix live order book, 45 min ago	3.17 bp	20.3 bp −$20	59.2 bp −$592	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	0.1911	−0.107%	$33K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+3.684%	$1K	$4K	5.5x	as long as short
Lighter FARTCOIN	+0.0096%	1h	0.1915	+0.068%	$575K	$904K	10x	as long as short
Aster FARTCOINUSDT	+0.0100%	4h	0.1912	−0.104%	$76K	$189K	5x	as long as short
Pacifica FARTCOIN	+0.0100%	1h	0.1916	+0.115%	$180K	$410K	10x	as long as short
Bybit FARTCOINUSDT	+0.0100%	4h	0.1913	−0.026%	$29.6M	$49.3M	50x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.1915	+0.078%	$76K	$25K	10x	as long as short
MEXC FARTCOIN_USDT	+0.0100%	4h	0.1914	+0.026%	$31.4M	$13.8M	100x	as long as short
Backpack FARTCOIN_USDC_PERPlong	+0.0100%	1h	0.1913	long leg	$84K	$248K	10x
Polymarket Perps FARTCOIN-USD	+0.0100%	1h	0.1915	+0.063%	$104K	$825K	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	0.1918	+0.251%	$1K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1914	+0.026%	$153K	$6K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1913	−0.016%	$66K	$175K	20x	as long as short
Aevo FARTCOIN-PERP	+0.0104%	1h	0.1914	+0.026%	$31K	—	3x	as long as short
Binance FARTCOINUSDT	+0.0108%	4h	0.1913	−0.026%	$18.3M	$72.3M	75x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0114%	4h	0.1917	+0.189%	$240K	$4.5M	10x	as long as short
Extended FARTCOIN-USD	+0.0128%	1h	0.1911	−0.115%	$197K	$2.1M	25x	as long as short
KuCoin FARTCOINUSDTM	+0.0134%	4h	0.1912	−0.078%	$10.1M	$15.9M	50x	as long as short
BingX FARTCOIN-USDC	+0.0136%	4h	0.1912	−0.078%	—	$6.5M	—	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0142%	4h	0.1914	+0.026%	$4.5M	$13.4M	20x	as long as short
Bitget FARTCOINUSDT	+0.0142%	4h	0.1913	−0.026%	$13.3M	$15.0M	50x	as long as short
Gate FARTCOIN_USDT	+0.0242%	4h	0.1914	+0.026%	$10.8M	$7.8M	75x	as long as short
ApeX Omni FARTCOINUSDT	+0.0288%	1h	0.1917	+0.183%	$23K	$224K	50x	as long as short
Variational Omni FARTCOIN	+0.0315%	4h	0.1916	+0.149%	$828K	$2.5M	—	as long as short
BloFin FARTCOIN-USDT	+0.0348%	4h	0.1913	−0.026%	$960K	$1.8M	75x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0374% / S −0.0540%	1h	0.1913	−0.028%	$43K	—	100x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1915	+0.102%	$0	—	5x	as long as short
Phoenix FARTCOINshort	+0.0419%	1h	0.1909	−0.240%	$112K	$174K	10x
Deribit FARTCOIN_USDC-PERPETUAL	+0.0430%	1h	0.1914	+0.047%	$122K	$95K	25x	as long as short
Arcus FARTCOIN-USD	+0.0480%	1h	0.1916	+0.131%	$14K	$111K	10x	as long as short
Nado FARTCOIN-PERP	+0.0503%	1h	0.1915	+0.105%	$771K	$683K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0559%	4h	0.1915	+0.078%	$24K	$3K	20x	as long as short
01 Exchange FARTCOINUSD	+0.0776%	1h	0.1918	+0.246%	$389	$381	10x	as long as short
Hyperliquid FARTCOIN	+0.0875%	1h	0.1915	+0.084%	$42.3M	$26.5M	10x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0903%	1h	0.1915	+0.073%	$762K	$1.7M	50x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.0944%	1h	0.1919	+0.303%	$941K	$7.6M	50x	as long as short