Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0311%/8h= +34.1% APRpaid last 24h +0.139%

Price spread now: Phoenix against GRVT+0.022%7-day average +0.045% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$740.742% of the position

Long on GRVT Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.675%+$67 on $10k

Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.022%, 7d avg +0.045%

Together, before fees+0.664%+ Points / potential airdropGRVT: Active · farm board+$66 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.023% cheaper against GRVT than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.045%). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT FARTCOIN_USDT_Perp	0.1916	0.0108	pay 0.0054% / 4h	2h 26m	$240K	$4.5M	10x
Short	Phoenix FARTCOIN	0.1916	0.0419	get 0.0052% / 1h	26m 49s	$112K	$174K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against GRVT. 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 GRVTbpFee PhoenixbpOrdersPrice spread, now +0.022%Rate

Funding earned: $65.32
Price spread: +0.022% → +0.045%: −$2.34
Slippage, 4 orders: −$58.23
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$11.25
Costs to cover: 0.742%
Break-even: 8.2 days

Slippage from GRVT: live order book, 2 min ago; Phoenix: live order book, 55 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 GRVT live order book, 2 min ago	5.21 bp	14.8 bp −$15	37.3 bp −$373	doesn't fit	doesn't fit
Sell Phoenix live order book, 55 min ago	3.17 bp	20.3 bp −$20	59.2 bp −$592	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 −0.0002%	1h	0.1920	+0.199%	$33K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+3.550%	$1K	$4K	5.5x	as long as short
Aster FARTCOINUSDT	+0.0100%	4h	0.1919	+0.162%	$77K	$187K	5x	as long as short
Pacifica FARTCOIN	+0.0100%	1h	0.1922	+0.314%	$181K	$404K	10x	as long as short
Bybit FARTCOINUSDT	+0.0100%	4h	0.1925	+0.445%	$29.8M	$49.3M	50x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.1915	−0.075%	$76K	$25K	10x	as long as short
MEXC FARTCOIN_USDT	+0.0100%	4h	0.1922	+0.309%	$31.6M	$13.9M	100x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0100%	1h	0.1922	+0.320%	$84K	$248K	10x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0100%	1h	0.1922	+0.314%	$104K	$827K	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1925	+0.445%	$2K	$1.7M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1923	+0.366%	$154K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1920	+0.210%	$66K	$173K	20x	as long as short
GRVT FARTCOIN_USDT_Perplong	+0.0108%	4h	0.1916	long leg	$240K	$4.5M	10x
Binance FARTCOINUSDT	+0.0112%	4h	0.1926	+0.511%	$18.5M	$72.3M	75x	as long as short
Aevo FARTCOIN-PERP	+0.0112%	1h	0.1921	+0.254%	$31K	—	3x	as long as short
Bitget FARTCOINUSDT	+0.0122%	4h	0.1926	+0.523%	$13.4M	$15.0M	50x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0137%	4h	0.1925	+0.471%	$4.5M	$13.5M	20x	as long as short
BingX FARTCOIN-USDC	+0.0142%	4h	0.1922	+0.314%	—	$6.5M	—	as long as short
KuCoin FARTCOINUSDTM	+0.0146%	4h	0.1922	+0.314%	$10.2M	$15.9M	50x	as long as short
Lighter FARTCOIN	+0.0152%	1h	0.1923	+0.366%	$578K	$904K	10x	as long as short
Gate FARTCOIN_USDT	+0.0202%	4h	0.1921	+0.278%	$10.8M	$7.8M	75x	as long as short
Extended FARTCOIN-USD	+0.0224%	1h	0.1924	+0.409%	$200K	$2.1M	25x	as long as short
Variational Omni FARTCOIN	+0.0269%	4h	0.1916	+0.010%	$830K	$2.5M	—	as long as short
ApeX Omni FARTCOINUSDT	+0.0320%	1h	0.1914	−0.103%	$23K	$223K	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0329% / S −0.0456%	1h	0.1920	+0.218%	$43K	—	100x	as long as short
BloFin FARTCOIN-USDT	+0.0352%	4h	0.1920	+0.210%	$959K	$1.8M	75x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1922	+0.337%	$0	—	5x	as long as short
Phoenix FARTCOINshort	+0.0419%	1h	0.1916	+0.022%	$112K	$174K	10x
Arcus FARTCOIN-USD	+0.0480%	1h	0.1922	+0.314%	$14K	$111K	10x	as long as short
Nado FARTCOIN-PERP	+0.0517%	1h	0.1922	+0.340%	$774K	$683K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0563%	4h	0.1923	+0.366%	$24K	$3K	20x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0583%	1h	0.1922	+0.335%	$122K	$95K	25x	as long as short
01 Exchange FARTCOINUSD	+0.0792%	1h	0.1926	+0.513%	$390	$381	10x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0900%	1h	0.1922	+0.321%	$747K	$1.7M	50x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.0944%	1h	0.1928	+0.627%	$946K	$7.6M	50x	as long as short
Hyperliquid FARTCOIN	+0.0984%	1h	0.1927	+0.596%	$42.5M	$26.5M	10x	as long as short