Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0099%/8h= +10.8% APRpaid last 24h −0.001%

Price spread now: Lighter against Bybit−0.129%7-day average +0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$450.452% of the position

Long on Bybit Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.146%+$15 on $10k

Price spread, last 7 days+0.038%+$4 · spread now −0.129%, 7d avg +0.027%

Together, before fees+0.184%+ Points / potential airdropLighter: Season 3 · farm board+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.156% cheaper against Bybit than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of +0.027%). If the spread goes back, that is −$16 on $10k: about 5.3 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit FARTCOINUSDT	0.2015	0.0213	pay 0.0107% / 4h	39m 24s	$31.3M	$62.2M	50x
Short	Lighter FARTCOIN	0.2013	0.0312	get 0.0039% / 1h	39m 24s	$600K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Bybit. 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 BybitbpFee LighterbpOrdersPrice spread, now −0.129%Rate

Funding earned: $20.69
Price spread: −0.129% → +0.027%: −$15.57
Slippage, 4 orders: −$34.21
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Lighter: 0 bp × 2 orders: $0
Net: −$40.08
Costs to cover: 0.452%
Break-even: 20.6 days

Slippage from Bybit: live order book, 5 min ago; Lighter: live order book, 2 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, 5 min ago	0.25 bp	10.8 bp −$11	39.0 bp −$390	doesn't fit	doesn't fit
Sell Lighter live order book, 2 min ago	3.46 bp	13.5 bp −$13	37.4 bp −$374	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	0.2015	−0.020%	$120K	$57K	25x	as long as short
gTrade (Gains Network) FARTCOIN/USD	L +0.0005% / S −0.0004%	1h	0.2015	−0.040%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−1.558%	$1K	$5	5.5x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0100%	4h	0.2016	+0.030%	$4.8M	$19.6M	20x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.2011	−0.218%	$79K	−$0	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.2019	+0.189%	$1K	$1.9M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.2016	+0.030%	$161K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.2019	+0.174%	$70K	$161K	20x	as long as short
Extended FARTCOIN-USD	+0.0104%	1h	0.2009	−0.295%	$203K	$1.6M	25x	as long as short
Aevo FARTCOIN-PERP	+0.0152%	1h	0.2016	+0.046%	$32K	—	3x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica FARTCOIN	+0.0170%	1h	0.2011	−0.203%	$187K	$502K	10x	as long as short
Aster FARTCOINUSDT	+0.0201%	4h	0.2013	−0.124%	$84K	$235K	5x	as long as short
Bybit FARTCOINUSDTlong	+0.0213%	4h	0.2015	long leg	$31.3M	$62.2M	50x
MEXC FARTCOIN_USDT	+0.0224%	4h	0.2016	+0.005%	$24.9M	$15.8M	100x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0260%	1h	0.2012	−0.159%	$109K	$974K	10x	as long as short
Binance FARTCOINUSDT	+0.0271%	4h	0.2010	−0.243%	$19.5M	$94.3M	75x	as long as short
Lighter FARTCOINshort	+0.0312%	1h	0.2013	−0.129%	$600K	$1.8M	10x
Bitget FARTCOINUSDT	+0.0326%	4h	0.2017	+0.079%	$14.1M	$19.1M	50x	as long as short
BingX FARTCOIN-USDC	+0.0332%	4h	0.2019	+0.179%	—	$6.5M	—	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0346%	1h	0.2015	−0.035%	$69K	$336K	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0351%	1h	0.2023	+0.377%	$28K	$192K	50x	as long as short
Variational Omni FARTCOIN	+0.0367%	4h	0.2021	+0.278%	$1.1M	$3.1M	—	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0400%	4h	0.2023	+0.378%	$260K	$4.7M	10x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2017	+0.065%	$0	—	5x	as long as short
Gate FARTCOIN_USDT	+0.0412%	4h	0.2016	+0.030%	$11.3M	$10.0M	75x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0439% / S −0.0523%	1h	0.2014	−0.055%	$56K	—	100x	as long as short
Nado FARTCOIN-PERP	+0.0455%	1h	0.2016	+0.055%	$800K	$834K	10x	as long as short
BloFin FARTCOIN-USDT	+0.0514%	4h	0.2024	+0.427%	$991K	$2.3M	75x	as long as short
KuCoin FARTCOINUSDTM	+0.0518%	4h	0.2018	+0.129%	$11.1M	$15.8M	50x	as long as short
Phoenix FARTCOIN	+0.0637%	1h	0.2024	+0.402%	$159K	$233K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0678%	4h	0.2017	+0.079%	$26K	$5K	20x	as long as short
Arcus FARTCOIN-USD	+0.0826%	1h	0.2011	−0.218%	$14K	$87K	10x	as long as short
Hyperliquid FARTCOIN	+0.0831%	1h	0.2016	+0.045%	$48.7M	$39.6M	10x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0873%	1h	0.2017	+0.066%	$816K	$2.5M	50x	as long as short
01 Exchange FARTCOINUSD	+0.0888%	1h	0.2011	−0.233%	$413	$477	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1056%	1h	0.2029	+0.680%	$1.2M	$9.9M	50x	as long as short