Funding you earn now, next payment 05:00 UTC−0.0204%/8h= −22.4% APRnext payment −$0.26 per $10,000 · paid last 24h −0.041%
Price spread now: Polymarket Perps against Backpack+0.201%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days−0.785%−$78 on $10k
+Price spread, last 4 days (all we have)−0.228%−$23 · spread now +0.201%, 7d avg +0.046%
=The price spread pays, funding is against you. Polymarket Perps is 0.154% dearer against Backpack than usual: you sell high and buy low (spread +0.201% now, against its 7-day average of +0.046%): +$15 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack FARTCOIN_USDC_PERP | 0.2044 | 0.0395 | pay 0.0049% / 1h | 12m 20s | $89K | $302K | 10x |
| Short | Polymarket Perps FARTCOIN-USD | 0.2048 | 0.0191 | get 0.0024% / 1h | 12m 20s | $112K | $936K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$42.89
- Price spread: +0.201% → +0.046%
- $15.45
- Slippage, 4 orders
- −$20.4
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$65.84
- Costs to cover
- 0.384%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 41 min ago; Polymarket Perps: live order book, 41 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, 41 min ago | 0.25 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 41 min ago | 5.39 bp | 12.2 bp −$12 | 58.4 bp −$584 | 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 −0.0004% | 1h | 0.2045 | +0.039% | $1K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −2.931% | $1K | $5 | 5.5x | as long as short |
| Bybit FARTCOINUSDT | +0.0100% | 4h | 0.2047 | +0.176% | $32.2M | $57.1M | 50x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.2046 | +0.103% | $81K | −$0 | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0100% | 4h | 0.2042 | −0.103% | $25.6M | $15.4M | 100x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.2051 | +0.367% | $1K | $1.8M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.2047 | +0.152% | $164K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.2049 | +0.230% | $71K | $151K | 20x | as long as short |
| Gate FARTCOIN_USDT | +0.0172% | 4h | 0.2046 | +0.117% | $11.5M | $9.4M | 75x | as long as short |
| Aevo FARTCOIN-PERP | +0.0176% | 1h | 0.2049 | +0.270% | $33K | — | 3x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0190% | 1h | 0.2046 | +0.098% | $124K | $55K | 25x | as long as short |
| Polymarket Perps FARTCOIN-USDshort | +0.0191% | 1h | 0.2048 | +0.201% | $112K | $936K | 10x | |
| OKX FARTCOIN-USDT-SWAP | +0.0205% | 4h | 0.2044 | +0.005% | $5.1M | $17.7M | 20x | as long as short |
| Bitget FARTCOINUSDT | +0.0210% | 4h | 0.2049 | +0.250% | $14.3M | $18.6M | 50x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0295% | 1h | 0.2048 | +0.185% | $794K | $2.2M | 50x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0336% | 4h | 0.2048 | +0.201% | $10.9M | $15.6M | 50x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0348% | 4h | 0.2051 | +0.345% | $260K | $4.6M | 10x | as long as short |
| Variational Omni FARTCOIN | +0.0360% | 4h | 0.2056 | +0.614% | $1.1M | $3.1M | — | as long as short |
| Binance FARTCOINUSDT | +0.0369% | 4h | 0.2048 | +0.201% | $20.3M | $87.2M | 75x | as long as short |
| BingX FARTCOIN-USDC | +0.0388% | 4h | 0.2049 | +0.250% | — | $6.5M | — | as long as short |
| Backpack FARTCOIN_USDC_PERPlong | +0.0395% | 1h | 0.2044 | long leg | $89K | $302K | 10x | |
| Aster FARTCOINUSDT | +0.0402% | 4h | 0.2046 | +0.084% | $90K | $216K | 5x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.2048 | +0.209% | $0 | — | 5x | as long as short |
| Lighter FARTCOIN | +0.0432% | 1h | 0.2049 | +0.274% | $740K | $1.6M | 10x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0468% | 1h | 0.2066 | +1.081% | $29K | $204K | 50x | as long as short |
| Nado FARTCOIN-PERP | +0.0506% | 1h | 0.2049 | +0.274% | $820K | $791K | 10x | as long as short |
| Arcus FARTCOIN-USD | +0.0527% | 1h | 0.2050 | +0.298% | $15K | $88K | 10x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0535% / S −0.0926% | 1h | 0.2046 | +0.090% | $51K | — | 100x | as long as short |
| Phoenix FARTCOIN | +0.0556% | 1h | 0.2048 | +0.215% | $162K | $202K | 10x | as long as short |
| Extended FARTCOIN-USD | +0.0576% | 1h | 0.2047 | +0.172% | $238K | $2.0M | 25x | as long as short |
| Pacifica FARTCOIN | +0.0600% | 1h | 0.2050 | +0.296% | $198K | $463K | 10x | as long as short |
| BloFin FARTCOIN-USDT | +0.0615% | 4h | 0.2049 | +0.250% | $1.1M | $2.2M | 75x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0843% | 4h | 0.2047 | +0.152% | $25K | $4K | 20x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0880% | 1h | 0.2050 | +0.284% | $421 | $386 | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1120% | 1h | 0.2055 | +0.543% | $1.1M | $9.0M | 50x | as long as short |
| Hyperliquid FARTCOIN | +0.1463% | 1h | 0.2049 | +0.269% | $49.5M | $33.5M | 10x | as long as short |
Backpack FARTCOIN_USDC_PERP
Polymarket Perps FARTCOIN-USD
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Bybit FARTCOINUSDT
Bulk FARTCOIN-USD
MEXC FARTCOIN_USDT
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Gate FARTCOIN_USDT
Deribit FARTCOIN_USDC-PERPETUAL
OKX FARTCOIN-USDT-SWAP
Bitget FARTCOINUSDT
Kraken Futures PF_FARTCOINUSD
KuCoin FARTCOINUSDTM
GRVT FARTCOIN_USDT_Perp
Variational Omni FARTCOIN
Binance FARTCOINUSDT
BingX FARTCOIN-USDC
Aster FARTCOINUSDT
Lighter FARTCOIN
ApeX Omni FARTCOINUSDT
GMX FARTCOIN/USD [WBTC.b-USDC]
Phoenix FARTCOIN
Extended FARTCOIN-USD
Pacifica FARTCOIN
BloFin FARTCOIN-USDT
01 Exchange FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX
Hyperliquid FARTCOIN