Funding you earn now, next payment 05:00 UTC−0.0770%/8h= −84.3% APRnext payment −$0.96 per $10,000 · paid last 24h −0.188%
Price spread now: Phoenix against Coinbase International−0.638%7-day average −0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$670.670% of the position
Funding, last 7 days−0.467%−$47 on $10k
+Price spread, last 4 days (all we have)+0.524%+$52 · spread now −0.638%, 7d avg −0.150%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Phoenix is 0.488% cheaper against Coinbase International than usual: you would sell low and buy high (−$49 if the spread goes back to its 7-day average of −0.150%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.467% in total (about -24.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.96 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 | 0.2005 | 0.1008 | pay 0.0126% / 1h | 17m 11s | $1.1M | $9.7M | 50x |
| Short | Phoenix FARTCOIN | 0.1992 | 0.0238 | get 0.0030% / 1h | 17m 11s | $157K | $219K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$161.74
- Price spread: −0.638% → −0.150%
- −$48.81
- Slippage, 4 orders
- −$49.98
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$277.52
- Costs to cover
- 0.670%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Phoenix: live order book, 25 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, 2 min ago | 8.28 bp | 13.3 bp −$13 | 26.4 bp −$264 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 25 min ago | 3.00 bp | 20.2 bp −$20 | 58.5 bp −$585 | 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 −0.0004% | 1h | 0.1998 | −0.323% | $1K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −1.033% | $1K | $5 | 5.5x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1963 | −2.058% | $77K | −$0 | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.2003 | −0.075% | $1K | $1.8M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.2001 | −0.185% | $160K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.2000 | −0.234% | $69K | $153K | 20x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0136% | 4h | 0.1997 | −0.384% | $4.8M | $18.7M | 20x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0143% | 1h | 0.2001 | −0.175% | $109K | $972K | 10x | as long as short |
| Aevo FARTCOIN-PERP | +0.0152% | 1h | 0.1998 | −0.352% | $32K | — | 3x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0179% | 1h | 0.1998 | −0.329% | $84K | $318K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FARTCOIN_USDT | +0.0200% | 4h | 0.1998 | −0.319% | $24.8M | $15.8M | 100x | as long as short |
| Bybit FARTCOINUSDT | +0.0207% | 4h | 0.1997 | −0.389% | $31.1M | $59.8M | 50x | as long as short |
| Lighter FARTCOIN | +0.0224% | 1h | 0.2000 | −0.234% | $597K | $1.8M | 10x | as long as short |
| Phoenix FARTCOINshort | +0.0238% | 1h | 0.1992 | −0.638% | $157K | $219K | 10x | |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0250% | 1h | 0.1999 | −0.264% | $119K | $57K | 25x | as long as short |
| Bitget FARTCOINUSDT | +0.0270% | 4h | 0.2000 | −0.234% | $14.0M | $19.0M | 50x | as long as short |
| Aster FARTCOINUSDT | +0.0271% | 4h | 0.1996 | −0.416% | $84K | $234K | 5x | as long as short |
| BingX FARTCOIN-USDT | +0.0282% | 4h | 0.1996 | −0.434% | — | $14.8M | — | as long as short |
| Binance FARTCOINUSDT | +0.0286% | 4h | 0.1998 | −0.334% | $19.5M | $91.7M | 75x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0332% | 4h | 0.1998 | −0.334% | $10.8M | $15.9M | 50x | as long as short |
| Gate FARTCOIN_USDT | +0.0336% | 4h | 0.1998 | −0.354% | $11.3M | $9.9M | 75x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0342% | 4h | 0.1991 | −0.682% | $249K | $4.7M | 10x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0358% | 1h | 0.1991 | −0.683% | $28K | $201K | 50x | as long as short |
| Pacifica FARTCOIN | +0.0362% | 1h | 0.1998 | −0.327% | $190K | $499K | 10x | as long as short |
| Nado FARTCOIN-PERP | +0.0377% | 1h | 0.2002 | −0.122% | $794K | $825K | 10x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.2001 | −0.199% | $0 | — | 5x | as long as short |
| Variational Omni FARTCOIN | +0.0421% | 4h | 0.1976 | −1.421% | $1.0M | $3.2M | — | as long as short |
| Extended FARTCOIN-USD | +0.0424% | 1h | 0.2000 | −0.252% | $216K | $1.6M | 25x | as long as short |
| Arcus FARTCOIN-USD | +0.0518% | 1h | 0.2003 | −0.085% | $14K | $87K | 10x | as long as short |
| BloFin FARTCOIN-USDT | +0.0526% | 4h | 0.1996 | −0.434% | $992K | $2.2M | 75x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0528% / S −0.0667% | 1h | 0.1998 | −0.351% | $56K | — | 100x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0528% | 1h | 0.2005 | +0.035% | $412 | $477 | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0535% | 1h | 0.2001 | −0.208% | $777K | $2.3M | 50x | as long as short |
| Hyperliquid FARTCOIN | +0.0749% | 1h | 0.1998 | −0.324% | $48.1M | $37.5M | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0783% | 4h | 0.2001 | −0.185% | $25K | $4K | 20x | as long as short |
| Coinbase International FARTCOIN-PERP-INTXlong | +0.1008% | 1h | 0.2005 | long leg | $1.1M | $9.7M | 50x |
Coinbase International FARTCOIN-PERP-INTX
Phoenix FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Bulk FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
OKX FARTCOIN-USDT-SWAP
Polymarket Perps FARTCOIN-USD
Backpack FARTCOIN_USDC_PERP
MEXC FARTCOIN_USDT
Bybit FARTCOINUSDT
Lighter FARTCOIN
Deribit FARTCOIN_USDC-PERPETUAL
Bitget FARTCOINUSDT
Aster FARTCOINUSDT
BingX FARTCOIN-USDT
Binance FARTCOINUSDT
KuCoin FARTCOINUSDTM
Gate FARTCOIN_USDT
GRVT FARTCOIN_USDT_Perp
ApeX Omni FARTCOINUSDT
Pacifica FARTCOIN
Variational Omni FARTCOIN
Extended FARTCOIN-USD
BloFin FARTCOIN-USDT
GMX FARTCOIN/USD [WBTC.b-USDC]
01 Exchange FARTCOINUSD
Kraken Futures PF_FARTCOINUSD
Hyperliquid FARTCOIN