Funding you earn now, next payment 03:00 UTC−0.0415%/8h= −45.4% APRpaid last 24h −0.087%
Price spread now: Backpack against BloFin+0.052%66s7-day average −0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as 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−$500.502% of the position
Funding, last 7 days+0.135%+$14 on $10k
+Price spread, last 4 days (all we have)−0.595%−$59 · spread now +0.052%, 7d avg −0.122%
=The price spread pays, funding is against you. Backpack is 0.174% dearer against BloFin than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of −0.122%): +$17 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 34 hours. Mind the row above: over the last 7 days funding on this pair paid +0.135%, so the current rate has only just turned against you. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.135% in total (about 7.0% a year). A funding rate is set anew for every payment. 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 | BloFin FARTCOIN-USDT | 0.1913 | 0.0629 | pay 0.0315% / 4h | 1h 40m | $950K | $2.0M | 75x |
| Short | Backpack FARTCOIN_USDC_PERP | 0.1914 | 0.0214 | get 0.0027% / 1h | 40m 02s | $81K | $255K | 10x |
BloFin FARTCOIN-USDT
Backpack FARTCOIN_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against BloFin. 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
- −$87.12
- Price spread: +0.052% → −0.122%
- $17.43
- Slippage, 4 orders
- −$28.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$119.88
- Costs to cover
- 0.502%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Backpack: live order book, 23 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 BloFin live order book, 3 min ago | 2.59 bp | 11.8 bp −$12 | 22.0 bp −$220 | 172.6 bp −$17.3K | doesn't fit |
| Sell Backpack live order book, 23 min ago | 0.26 bp | 6.7 bp −$7 | doesn't fit | 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 0.0000% | 1h | 0.1913 | 0.000% | $14K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +3.711% | $1K | $2K | 5.5x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1920 | +0.387% | $2K | $1.7M | 20x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1917 | +0.204% | $67K | $151K | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0144% | 1h | 0.1916 | +0.157% | $153K | $7K | 10x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0162% | 1h | 0.1916 | +0.183% | $108K | $881K | 10x | as long as short |
| Gate FARTCOIN_USDT | +0.0168% | 4h | 0.1915 | +0.125% | $10.9M | $8.7M | 75x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0172% | 4h | 0.1914 | +0.052% | $4.7M | $14.9M | 20x | as long as short |
| Aevo FARTCOIN-PERP | +0.0176% | 1h | 0.1915 | +0.095% | $31K | — | 3x | as long as short |
| Bulk FARTCOIN-USD | +0.0200% | 1h | 0.1915 | +0.087% | $76K | $2K | 10x | as long as short |
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
SunX FARTCOIN-USDT
HTX FARTCOIN-USDT
SoDEX FARTCOIN-USD
Polymarket Perps FARTCOIN-USD
Gate FARTCOIN_USDT
OKX FARTCOIN-USDT-SWAP
Aevo FARTCOIN-PERP
Bulk FARTCOIN-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack FARTCOIN_USDC_PERPshort | +0.0214% | 1h | 0.1914 | +0.052% | $81K | $255K | 10x | |
| KuCoin FARTCOINUSDTM | +0.0300% | 4h | 0.1916 | +0.157% | $10.1M | $15.6M | 50x | as long as short |
| Pacifica FARTCOIN | +0.0311% | 1h | 0.1917 | +0.199% | $179K | $422K | 10x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0337% / S −0.0044% | 1h | 0.1913 | −0.026% | $73K | — | 100x | as long as short |
| Bitget FARTCOINUSDT | +0.0370% | 4h | 0.1915 | +0.105% | $13.5M | $17.2M | 50x | as long as short |
| Binance FARTCOINUSDT | +0.0389% | 4h | 0.1916 | +0.157% | $18.3M | $78.4M | 75x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1916 | +0.151% | $0 | — | 5x | as long as short |
| Aster FARTCOINUSDT | +0.0417% | 4h | 0.1914 | +0.056% | $81K | $192K | 5x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0484% | 4h | 0.1924 | +0.574% | $245K | $4.3M | 10x | as long as short |
| BingX FARTCOIN-USDC | +0.0590% | 4h | 0.1916 | +0.157% | — | $6.5M | — | as long as short |
| Nado FARTCOIN-PERP | +0.0615% | 1h | 0.1918 | +0.235% | $758K | $698K | 10x | as long as short |
| BloFin FARTCOIN-USDTlong | +0.0629% | 4h | 0.1913 | long leg | $950K | $2.0M | 75x | |
| Bybit FARTCOINUSDT | +0.0633% | 4h | 0.1915 | +0.110% | $29.6M | $52.9M | 50x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0638% | 1h | 0.1915 | +0.125% | $122K | $95K | 25x | as long as short |
| MEXC FARTCOIN_USDT | +0.0648% | 4h | 0.1915 | +0.105% | $31.7M | $14.3M | 100x | as long as short |
| Phoenix FARTCOIN | +0.0661% | 1h | 0.1912 | −0.073% | $151K | $218K | 10x | as long as short |
| Extended FARTCOIN-USD | +0.0680% | 1h | 0.1915 | +0.103% | $207K | $2.0M | 25x | as long as short |
| Hyperliquid FARTCOIN | +0.0729% | 1h | 0.1916 | +0.162% | $42.1M | $28.7M | 10x | as long as short |
| Lighter FARTCOIN | +0.0752% | 1h | 0.1917 | +0.214% | $616K | $1.3M | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0762% | 1h | 0.1914 | +0.058% | $740K | $1.9M | 50x | as long as short |
| Variational Omni FARTCOIN | +0.0774% | 4h | 0.1914 | +0.028% | $796K | $2.7M | — | as long as short |
| 01 Exchange FARTCOINUSD | +0.0784% | 1h | 0.1918 | +0.235% | $393 | $386 | 10x | as long as short |
| Arcus FARTCOIN-USD | +0.0833% | 1h | 0.1918 | +0.261% | $14K | $112K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0845% | 4h | 0.1916 | +0.157% | $24K | $3K | 20x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0943% | 1h | 0.1924 | +0.575% | $24K | $210K | 50x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1032% | 1h | 0.1921 | +0.403% | $1.1M | $7.2M | 50x | as long as short |
KuCoin FARTCOINUSDTM
Pacifica FARTCOIN
GMX FARTCOIN/USD [WBTC.b-USDC]
Bitget FARTCOINUSDT
Binance FARTCOINUSDT
Reya FARTCOINRUSDPERP
Aster FARTCOINUSDT
GRVT FARTCOIN_USDT_Perp
BingX FARTCOIN-USDC
Nado FARTCOIN-PERP
Bybit FARTCOINUSDT
Deribit FARTCOIN_USDC-PERPETUAL
MEXC FARTCOIN_USDT
Phoenix FARTCOIN
Extended FARTCOIN-USD
Hyperliquid FARTCOIN
Lighter FARTCOIN
Kraken Futures PF_FARTCOINUSD
Variational Omni FARTCOIN
01 Exchange FARTCOINUSD
Arcus FARTCOIN-USD
Orderly PERP_FARTCOIN_USDC
ApeX Omni FARTCOINUSDT
Coinbase International FARTCOIN-PERP-INTX