Funding you earn now, next payment 23:00 UTC+0.0482%/8h= +52.8% APRpaid last 24h −0.065%
Price spread now: Backpack against Bybit−0.229%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs+$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 7 days+0.566%+$57 on $10k
+Price spread, last 4 days (all we have)+0.286%+$29 · spread now −0.229%, 7d avg −0.059%
=Funding pays, the price is against you. Backpack is 0.171% cheaper against Bybit than usual: you would sell low and buy high (spread −0.229% now, against its 7-day average of −0.059%). If the spread goes back, that is −$17 on $10k: about 28 hours of funding at the current rate (+$14 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FARTCOINUSDT | 0.1918 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $29.7M | $49.5M | 50x |
| Short | Backpack FARTCOIN_USDC_PERP | 0.1914 | 0.0582 | get 0.0073% / 1h | 53m 00s | $84K | $248K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Bybit. 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
- $101.25
- Price spread: −0.229% → −0.059%
- −$17.06
- Slippage, 4 orders
- −$21.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $41.79
- Costs to cover
- 0.424%
- Break-even
- 4.1 days
Slippage from Bybit: live order book, 1 min ago; Backpack: live order book, 30 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 Bybit live order book, 1 min ago | 0.26 bp | 14.9 bp −$15 | 43.4 bp −$434 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 30 min ago | 0.26 bp | 6.3 bp −$6 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FARTCOIN_USDC-PERPETUAL | 0.0000% | 1h | 0.1914 | −0.219% | $122K | $95K | 25x | as long as short |
| gTrade (Gains Network) FARTCOIN/USD | L +0.0005% / S −0.0002% | 1h | 0.1914 | −0.226% | $33K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +3.430% | $1K | $4K | 5.5x | as long as short |
| Lighter FARTCOIN | +0.0096% | 1h | 0.1916 | −0.115% | $575K | $865K | 10x | as long as short |
| Aster FARTCOINUSDT | +0.0100% | 4h | 0.1918 | −0.014% | $77K | $191K | 5x | as long as short |
| Binance FARTCOINUSDT | +0.0100% | 4h | 0.1916 | −0.116% | $18.2M | $73.0M | 75x | as long as short |
| Bybit FARTCOINUSDTlong | +0.0100% | 4h | 0.1918 | long leg | $29.7M | $49.5M | 50x | |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1906 | −0.636% | $75K | $25K | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0100% | 4h | 0.1915 | −0.172% | $31.5M | $13.8M | 100x | as long as short |
| Bitget FARTCOINUSDT | +0.0100% | 4h | 0.1914 | −0.219% | $13.3M | $15.2M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX FARTCOIN-USDT | +0.0100% | 4h | 0.1915 | −0.167% | — | $14.6M | — | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0100% | 4h | 0.1922 | +0.195% | $250K | $4.4M | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1919 | +0.036% | $1K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1916 | −0.115% | $153K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1922 | +0.182% | $66K | $175K | 20x | as long as short |
| Aevo FARTCOIN-PERP | +0.0104% | 1h | 0.1915 | −0.141% | $31K | — | 3x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0120% | 4h | 0.1915 | −0.167% | $4.5M | $13.4M | 20x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0156% | 1h | 0.1917 | −0.083% | $105K | $845K | 10x | as long as short |
| Pacifica FARTCOIN | +0.0166% | 1h | 0.1919 | +0.017% | $180K | $411K | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0174% | 4h | 0.1917 | −0.063% | $10.1M | $15.9M | 50x | as long as short |
| Variational Omni FARTCOIN | +0.0194% | 4h | 0.1917 | −0.079% | $806K | $2.5M | — | as long as short |
| Nado FARTCOIN-PERP | +0.0216% | 1h | 0.1918 | −0.036% | $777K | $696K | 10x | as long as short |
| Gate FARTCOIN_USDT | +0.0282% | 4h | 0.1916 | −0.099% | $10.8M | $7.9M | 75x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0284% / S −0.0371% | 1h | 0.1913 | −0.278% | $43K | — | 100x | as long as short |
| Extended FARTCOIN-USD | +0.0312% | 1h | 0.1915 | −0.183% | $200K | $2.1M | 25x | as long as short |
| BloFin FARTCOIN-USDT | +0.0340% | 4h | 0.1917 | −0.063% | $949K | $1.8M | 75x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1915 | −0.148% | $0 | — | 5x | as long as short |
| Phoenix FARTCOIN | +0.0463% | 1h | 0.1921 | +0.141% | $112K | $172K | 10x | as long as short |
| Arcus FARTCOIN-USD | +0.0557% | 1h | 0.1918 | −0.010% | $14K | $111K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0562% | 4h | 0.1916 | −0.115% | $24K | $3K | 20x | as long as short |
| Backpack FARTCOIN_USDC_PERPshort | +0.0582% | 1h | 0.1914 | −0.229% | $84K | $248K | 10x | |
| 01 Exchange FARTCOINUSD | +0.0784% | 1h | 0.1918 | −0.026% | $389 | $381 | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0815% | 1h | 0.1916 | −0.128% | $743K | $1.7M | 50x | as long as short |
| Hyperliquid FARTCOIN | +0.0872% | 1h | 0.1917 | −0.068% | $42.4M | $26.7M | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.0968% | 1h | 0.1926 | +0.412% | $950K | $7.6M | 50x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.2077% | 1h | 0.1922 | +0.198% | $24K | $226K | 50x | as long as short |
Bybit FARTCOINUSDT
Backpack FARTCOIN_USDC_PERP
Deribit FARTCOIN_USDC-PERPETUAL
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Lighter FARTCOIN
Aster FARTCOINUSDT
Binance FARTCOINUSDT
Bulk FARTCOIN-USD
MEXC FARTCOIN_USDT
Bitget FARTCOINUSDT
BingX FARTCOIN-USDT
GRVT FARTCOIN_USDT_Perp
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
OKX FARTCOIN-USDT-SWAP
Polymarket Perps FARTCOIN-USD
Pacifica FARTCOIN
KuCoin FARTCOINUSDTM
Variational Omni FARTCOIN
Gate FARTCOIN_USDT
GMX FARTCOIN/USD [WBTC.b-USDC]
Extended FARTCOIN-USD
BloFin FARTCOIN-USDT
Phoenix FARTCOIN
01 Exchange FARTCOINUSD
Kraken Futures PF_FARTCOINUSD
Hyperliquid FARTCOIN
Coinbase International FARTCOIN-PERP-INTX
ApeX Omni FARTCOINUSDT