Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0326%/8h= +35.7% APRpaid last 24h +0.058%

Price spread now: Phoenix against Binance−0.075%105s7-day average +0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs−$5as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$660.656% of the position

Long on Binance Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.602%+$60 on $10k

Price spread, last 4 days (all we have)+0.475%+$47 · spread now −0.075%, 7d avg +0.090%

Together, before fees+1.076%+$108 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.165% cheaper against Binance than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.090%). If the spread goes back, that is −$16 on $10k: about 40 hours of funding at the current rate (+$10 a day). The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance FARTCOINUSDT	0.2040	0.0310	pay 0.0155% / 4h	3h 57m	$19.9M	$95.1M	75x
Short	Phoenix FARTCOIN	0.2038	0.0637	get 0.0080% / 1h	57m 37s	$160K	$232K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Binance. 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 BinancebpFee PhoenixbpOrdersPrice spread, now −0.075%Rate

Funding earned: $68.54
Price spread: −0.075% → +0.090%: −$16.46
Slippage, 4 orders: −$48.55
Fee Binance: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$13.46
Costs to cover: 0.656%
Break-even: 8.4 days

Slippage from Binance: live order book, 15 min ago; Phoenix: live order book, 35 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 Binance live order book, 15 min ago	2.45 bp	11.4 bp −$11	18.6 bp −$186	340.7 bp −$34.1K	doesn't fit
Sell Phoenix live order book, 35 min ago	2.98 bp	20.1 bp −$20	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 −0.0006%	1h	0.2036	−0.192%	$9K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−2.722%	$1K	$5	5.5x	as long as short
Bybit FARTCOINUSDT	+0.0100%	4h	0.2043	+0.151%	$31.8M	$62.7M	50x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0100%	4h	0.2043	+0.170%	$4.8M	$20.0M	20x	as long as short
Gate FARTCOIN_USDT	+0.0100%	4h	0.2041	+0.082%	$11.5M	$10.0M	75x	as long as short
MEXC FARTCOIN_USDT	+0.0100%	4h	0.2039	−0.016%	$25.6M	$15.7M	100x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0100%	1h	0.2036	−0.192%	$111K	$987K	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.2041	+0.092%	$2K	$1.9M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.2036	−0.173%	$163K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.2037	−0.124%	$70K	$162K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo FARTCOIN-PERP	+0.0160%	1h	0.2038	−0.087%	$32K	—	3x	as long as short
Extended FARTCOIN-USD	+0.0176%	1h	0.2043	+0.151%	$204K	$1.6M	25x	as long as short
Lighter FARTCOIN	+0.0176%	1h	0.2041	+0.082%	$609K	$1.8M	10x	as long as short
Bulk FARTCOIN-USD	+0.0190%	1h	0.2041	+0.069%	$84K	$3K	10x	as long as short
Nado FARTCOIN-PERP	+0.0221%	1h	0.2037	−0.099%	$813K	$851K	10x	as long as short
Aster FARTCOINUSDT	+0.0226%	4h	0.2039	−0.026%	$85K	$234K	5x	as long as short
Binance FARTCOINUSDTlong	+0.0310%	4h	0.2040	long leg	$19.9M	$95.1M	75x
BingX FARTCOIN-USDT	+0.0368%	4h	0.2043	+0.170%	—	$14.9M	—	as long as short
Bitget FARTCOINUSDT	+0.0372%	4h	0.2043	+0.170%	$14.2M	$19.2M	50x	as long as short
Pacifica FARTCOIN	+0.0372%	1h	0.2039	−0.028%	$190K	$507K	10x	as long as short
Variational Omni FARTCOIN	+0.0379%	4h	0.2034	−0.284%	$1.1M	$3.1M	—	as long as short
ApeX Omni FARTCOINUSDT	+0.0385%	1h	0.2036	−0.173%	$29K	$191K	50x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2037	−0.130%	$0	—	5x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0416%	4h	0.2036	−0.173%	$262K	$4.7M	10x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0440% / S −0.0523%	1h	0.2035	−0.206%	$57K	—	100x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0444%	1h	0.2035	−0.222%	$67K	$337K	10x	as long as short
BloFin FARTCOIN-USDT	+0.0550%	4h	0.2037	−0.124%	$1.0M	$2.4M	75x	as long as short
Hyperliquid FARTCOIN	+0.0574%	1h	0.2036	−0.168%	$49.2M	$39.8M	10x	as long as short
Phoenix FARTCOINshort	+0.0637%	1h	0.2038	−0.075%	$160K	$232K	10x
KuCoin FARTCOINUSDTM	+0.0642%	4h	0.2037	−0.124%	$11.2M	$15.7M	50x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0750%	4h	0.2038	−0.075%	$26K	$5K	20x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0831%	1h	0.2037	−0.119%	$121K	$57K	25x	as long as short
Arcus FARTCOIN-USD	+0.0956%	1h	0.2043	+0.170%	$16K	$89K	10x	as long as short
01 Exchange FARTCOINUSD	+0.0992%	1h	0.2047	+0.362%	$420	$477	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1184%	1h	0.2041	+0.058%	$1.2M	$10.3M	50x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.1195%	1h	0.2037	−0.118%	$832K	$2.6M	50x	as long as short