Funding you earn now, next payment 08:00 UTC−0.0260%/8h= −28.5% APRnext payment −$0.32 per $10,000 · paid last 24h −0.037%
Price spread now: Backpack against Deribit−0.069%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$490.491% of the position
Funding, last 7 days+0.423%+$42 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.069%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Backpack is 0.038% cheaper against Deribit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.031%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.423%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit FARTCOIN_USDC-PERPETUAL | 0.2035 | 0.0635 | pay 0.0079% / 1h | 1m 54s | $121K | $57K | 25x |
| Short | Backpack FARTCOIN_USDC_PERP | 0.2033 | 0.0375 | get 0.0047% / 1h | 1m 54s | $67K | $337K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Deribit. 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
- −$54.59
- Price spread: −0.069% → −0.031%
- −$3.82
- Slippage, 4 orders
- −$32.1
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$107.51
- Costs to cover
- 0.491%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 36 min ago; Backpack: live order book, 37 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 Deribit live order book, 36 min ago | 14.19 bp | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 37 min ago | 0.25 bp | 7.6 bp −$8 | 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 −0.0006% | 1h | 0.2032 | −0.138% | $9K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −2.497% | $1K | $5 | 5.5x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0100% | 4h | 0.2035 | +0.010% | $4.8M | $19.9M | 20x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.2036 | +0.079% | $1K | $1.9M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.2035 | +0.010% | $163K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.2029 | −0.300% | $70K | $162K | 20x | as long as short |
| Bulk FARTCOIN-USD | +0.0143% | 1h | 0.2038 | +0.157% | $80K | −$0 | 10x | as long as short |
| Aevo FARTCOIN-PERP | +0.0160% | 1h | 0.2036 | +0.059% | $32K | — | 3x | as long as short |
| Pacifica FARTCOIN | +0.0170% | 1h | 0.2037 | +0.108% | $189K | $502K | 10x | as long as short |
| Extended FARTCOIN-USD | +0.0176% | 1h | 0.2034 | −0.039% | $204K | $1.6M | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FARTCOINUSDT | +0.0223% | 4h | 0.2038 | +0.152% | $85K | $234K | 5x | as long as short |
| MEXC FARTCOIN_USDT | +0.0260% | 4h | 0.2035 | −0.010% | $25.5M | $16.0M | 100x | as long as short |
| Bybit FARTCOINUSDT | +0.0267% | 4h | 0.2034 | −0.039% | $31.6M | $62.6M | 50x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0270% | 1h | 0.2037 | +0.098% | $111K | $988K | 10x | as long as short |
| Binance FARTCOINUSDT | +0.0312% | 4h | 0.2036 | +0.056% | $19.9M | $95.0M | 75x | as long as short |
| Lighter FARTCOIN | +0.0344% | 1h | 0.2036 | +0.049% | $608K | $1.8M | 10x | as long as short |
| BingX FARTCOIN-USDT | +0.0368% | 4h | 0.2036 | +0.059% | — | $14.9M | — | as long as short |
| Bitget FARTCOINUSDT | +0.0374% | 4h | 0.2035 | +0.010% | $14.2M | $19.2M | 50x | as long as short |
| Backpack FARTCOIN_USDC_PERPshort | +0.0375% | 1h | 0.2033 | −0.069% | $67K | $337K | 10x | |
| Variational Omni FARTCOIN | +0.0401% | 4h | 0.2045 | +0.507% | $1.1M | $3.1M | — | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0406% | 1h | 0.2044 | +0.452% | $29K | $191K | 50x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.2035 | −0.004% | $0 | — | 5x | as long as short |
| Gate FARTCOIN_USDT | +0.0420% | 4h | 0.2035 | −0.010% | $11.4M | $10.2M | 75x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0420% | 4h | 0.2046 | +0.550% | $252K | $4.7M | 10x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0440% / S −0.0523% | 1h | 0.2032 | −0.131% | $57K | — | 100x | as long as short |
| Nado FARTCOIN-PERP | +0.0459% | 1h | 0.2037 | +0.108% | $811K | $850K | 10x | as long as short |
| BloFin FARTCOIN-USDT | +0.0553% | 4h | 0.2035 | +0.010% | $995K | $2.4M | 75x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUALlong | +0.0635% | 1h | 0.2035 | long leg | $121K | $57K | 25x | |
| Phoenix FARTCOIN | +0.0637% | 1h | 0.2047 | +0.590% | $161K | $233K | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0640% | 4h | 0.2036 | +0.059% | $11.2M | $15.7M | 50x | as long as short |
| Hyperliquid FARTCOIN | +0.0740% | 1h | 0.2034 | −0.020% | $49.2M | $39.8M | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0748% | 4h | 0.2036 | +0.059% | $26K | $5K | 20x | as long as short |
| Arcus FARTCOIN-USD | +0.0826% | 1h | 0.2039 | +0.206% | $16K | $89K | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0865% | 1h | 0.2035 | +0.029% | $831K | $2.6M | 50x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0920% | 1h | 0.2042 | +0.339% | $419 | $477 | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1056% | 1h | 0.2040 | +0.270% | $1.2M | $10.2M | 50x | as long as short |
Deribit FARTCOIN_USDC-PERPETUAL
Backpack FARTCOIN_USDC_PERP
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
OKX FARTCOIN-USDT-SWAP
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Bulk FARTCOIN-USD
Pacifica FARTCOIN
Extended FARTCOIN-USD
Aster FARTCOINUSDT
MEXC FARTCOIN_USDT
Bybit FARTCOINUSDT
Polymarket Perps FARTCOIN-USD
Binance FARTCOINUSDT
Lighter FARTCOIN
BingX FARTCOIN-USDT
Bitget FARTCOINUSDT
Variational Omni FARTCOIN
ApeX Omni FARTCOINUSDT
Gate FARTCOIN_USDT
GRVT FARTCOIN_USDT_Perp
GMX FARTCOIN/USD [WBTC.b-USDC]
BloFin FARTCOIN-USDT
Phoenix FARTCOIN
KuCoin FARTCOINUSDTM
Hyperliquid FARTCOIN
Kraken Futures PF_FARTCOINUSD
01 Exchange FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX