FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0844%/8h= −92.4% APRnext payment −$1.05 per $10,000 · paid last 24h −0.286%

Price spread now: Backpack against Coinbase International−0.391%7-day average −0.319% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$390.389% of the position

Long on Coinbase International Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.356%−$36 on $10k

Price spread, last 3 days (all we have)+0.007%+$1 · spread now −0.391%, 7d avg −0.319%

Together, before fees−0.349%−$35 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Backpack is 0.072% cheaper against Coinbase International than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.319%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.356% in total (about -18.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.05 per $10,000. 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	Coinbase International FARTCOIN-PERP-INTX	0.1919	0.0944	pay 0.0118% / 1h	36m 07s	$941K	$7.6M	50x
Short	Backpack FARTCOIN_USDC_PERP	0.1912	0.0100	get 0.0013% / 1h	36m 07s	$84K	$248K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Coinbase International. 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 Coinbase InternationalbpFee BackpackbpOrdersPrice spread, now −0.391%Rate

Funding earned: −$177.24
Price spread: −0.391% → −0.319%: −$7.22
Slippage, 4 orders: −$18.93
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$223.38
Costs to cover: 0.389%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 3 min ago; Backpack: live order book, 52 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 Coinbase International live order book, 3 min ago	6.28 bp	12.0 bp −$12	21.0 bp −$210	doesn't fit	doesn't fit
Sell Backpack live order book, 52 min ago	0.52 bp	6.9 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
Deribit FARTCOIN_USDC-PERPETUAL	0.0000%	1h	0.1911	−0.412%	$121K	$95K	25x	as long as short
gTrade (Gains Network) FARTCOIN/USD	L +0.0005% / S −0.0002%	1h	0.1910	−0.494%	$33K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+3.371%	$1K	$4K	5.5x	as long as short
Lighter FARTCOIN	+0.0096%	1h	0.1914	−0.297%	$575K	$904K	10x	as long as short
Aster FARTCOINUSDT	+0.0100%	4h	0.1912	−0.372%	$76K	$189K	5x	as long as short
Pacifica FARTCOIN	+0.0100%	1h	0.1913	−0.350%	$180K	$410K	10x	as long as short
Bybit FARTCOINUSDT	+0.0100%	4h	0.1914	−0.292%	$29.6M	$49.3M	50x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.1915	−0.224%	$76K	$25K	10x	as long as short
MEXC FARTCOIN_USDT	+0.0100%	4h	0.1913	−0.313%	$31.4M	$13.8M	100x	as long as short
Backpack FARTCOIN_USDC_PERPshort	+0.0100%	1h	0.1912	−0.391%	$84K	$248K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps FARTCOIN-USD	+0.0100%	1h	0.1912	−0.396%	$104K	$825K	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1914	−0.261%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1912	−0.380%	$153K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1913	−0.313%	$66K	$175K	20x	as long as short
Aevo FARTCOIN-PERP	+0.0104%	1h	0.1913	−0.303%	$31K	—	3x	as long as short
Binance FARTCOINUSDT	+0.0108%	4h	0.1913	−0.312%	$18.3M	$72.4M	75x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0114%	4h	0.1917	−0.114%	$240K	$4.5M	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0128%	4h	0.1913	−0.328%	$10.1M	$15.9M	50x	as long as short
Extended FARTCOIN-USD	+0.0136%	1h	0.1912	−0.365%	$197K	$2.1M	25x	as long as short
BingX FARTCOIN-USDC	+0.0136%	4h	0.1912	−0.380%	—	$6.5M	—	as long as short
Bitget FARTCOINUSDT	+0.0144%	4h	0.1914	−0.276%	$13.3M	$15.0M	50x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0148%	4h	0.1914	−0.276%	$4.5M	$13.4M	20x	as long as short
Gate FARTCOIN_USDT	+0.0224%	4h	0.1913	−0.328%	$10.8M	$7.8M	75x	as long as short
ApeX Omni FARTCOINUSDT	+0.0288%	1h	0.1917	−0.120%	$23K	$224K	50x	as long as short
Variational Omni FARTCOIN	+0.0315%	4h	0.1916	−0.153%	$828K	$2.5M	—	as long as short
BloFin FARTCOIN-USDT	+0.0348%	4h	0.1913	−0.328%	$960K	$1.8M	75x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0374% / S −0.0540%	1h	0.1910	−0.490%	$43K	—	100x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1912	−0.357%	$0	—	5x	as long as short
Phoenix FARTCOIN	+0.0419%	1h	0.1909	−0.542%	$112K	$174K	10x	as long as short
Arcus FARTCOIN-USD	+0.0480%	1h	0.1913	−0.328%	$14K	$111K	10x	as long as short
Nado FARTCOIN-PERP	+0.0504%	1h	0.1913	−0.354%	$770K	$683K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0558%	4h	0.1912	−0.380%	$24K	$3K	20x	as long as short
01 Exchange FARTCOINUSD	+0.0784%	1h	0.1915	−0.203%	$388	$381	10x	as long as short
Hyperliquid FARTCOIN	+0.0875%	1h	0.1915	−0.245%	$42.3M	$26.5M	10x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0905%	1h	0.1912	−0.370%	$761K	$1.7M	50x	as long as short
Coinbase International FARTCOIN-PERP-INTXlong	+0.0944%	1h	0.1919	long leg	$941K	$7.6M	50x