Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.1063%/8h= −116.4% APRpaid last 24h −0.171%

Price spread now: GRVT against Hyperliquid−0.695%65s7-day average +0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$560.561% of the position

Long on Hyperliquid Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.261%−$26 on $10k

Price spread, last 7 days+0.717%+$72 · spread now −0.695%, 7d avg +0.067%

Together, before fees+0.456%+ Points / potential airdropHyperliquid: Season 2 · GRVT: Active · farm board+$46 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and GRVT is 0.763% cheaper against Hyperliquid than usual: you would sell low and buy high (−$76 if the spread goes back to its 7-day average of +0.067%). Swap the legs. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.261% in total (about -13.6% a year). A funding rate is set anew for every payment. 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	Hyperliquid FARTCOIN	0.2056	0.1583	pay 0.0198% / 1h	32m 25s	$48.8M	$32.4M	10x
Short	GRVT FARTCOIN_USDT_Perp	0.2042	0.0520	get 0.0260% / 4h	3h 32m	$264K	$4.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Hyperliquid. 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 HyperliquidbpFee GRVTbpOrdersPrice spread, now −0.695%Rate

Funding earned: −$223.17
Price spread: −0.695% → +0.067%: −$76.26
Slippage, 4 orders: −$38.14
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$355.57
Costs to cover: 0.561%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 11 min ago; GRVT: 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 Hyperliquid live order book, 11 min ago	0.98 bp	15.8 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	2.46 bp	17.4 bp −$17	57.6 bp −$576	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	0.2051	−0.258%	$601	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−3.516%	$1K	$5	5.5x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0094%	1h	0.2039	−0.866%	$127K	$53K	25x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.2040	−0.793%	$80K	−$0	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.2041	−0.764%	$1K	$1.8M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.2040	−0.793%	$163K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.2038	−0.885%	$71K	$150K	20x	as long as short
Aevo FARTCOIN-PERP	+0.0192%	1h	0.2051	−0.241%	$33K	—	3x	as long as short
Bitget FARTCOINUSDT	+0.0212%	4h	0.2053	−0.160%	$14.5M	$18.3M	50x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0254%	4h	0.2055	−0.063%	$5.1M	$17.5M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit FARTCOINUSDT	+0.0255%	4h	0.2053	−0.160%	$32.2M	$56.0M	50x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0277%	1h	0.2053	−0.156%	$113K	$929K	10x	as long as short
Gate FARTCOIN_USDT	+0.0282%	4h	0.2051	−0.263%	$11.6M	$9.2M	75x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0296%	1h	0.2040	−0.796%	$777K	$2.1M	50x	as long as short
MEXC FARTCOIN_USDT	+0.0350%	4h	0.2052	−0.185%	$24.4M	$14.8M	100x	as long as short
Variational Omni FARTCOIN	+0.0380%	4h	0.2048	−0.385%	$1.1M	$3.0M	—	as long as short
KuCoin FARTCOINUSDTM	+0.0392%	4h	0.2054	−0.112%	$11.0M	$15.5M	50x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2054	−0.105%	$0	—	5x	as long as short
BingX FARTCOIN-USDC	+0.0424%	4h	0.2054	−0.112%	—	$6.5M	—	as long as short
Binance FARTCOINUSDT	+0.0433%	4h	0.2054	−0.123%	$20.6M	$85.6M	75x	as long as short
Nado FARTCOIN-PERP	+0.0470%	1h	0.2054	−0.111%	$816K	$780K	10x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0503% / S −0.0847%	1h	0.2050	−0.299%	$51K	—	100x	as long as short
Aster FARTCOINUSDT	+0.0507%	4h	0.2050	−0.286%	$91K	$211K	5x	as long as short
GRVT FARTCOIN_USDT_Perpshort	+0.0520%	4h	0.2042	−0.695%	$264K	$4.5M	10x
Arcus FARTCOIN-USD	+0.0527%	1h	0.2050	−0.306%	$15K	$85K	10x	as long as short
Phoenix FARTCOIN	+0.0556%	1h	0.2031	−1.206%	$159K	$202K	10x	as long as short
Lighter FARTCOIN	+0.0584%	1h	0.2049	−0.365%	$740K	$1.6M	10x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0587%	1h	0.2040	−0.812%	$93K	$292K	10x	as long as short
Pacifica FARTCOIN	+0.0600%	1h	0.2046	−0.515%	$197K	$450K	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0632%	1h	0.2049	−0.355%	$28K	$205K	50x	as long as short
BloFin FARTCOIN-USDT	+0.0673%	4h	0.2041	−0.744%	$1.0M	$2.2M	75x	as long as short
Extended FARTCOIN-USD	+0.0832%	1h	0.2048	−0.406%	$239K	$2.2M	25x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0870%	4h	0.2053	−0.160%	$25K	$4K	20x	as long as short
01 Exchange FARTCOINUSD	+0.1008%	1h	0.2055	−0.063%	$422	$386	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1120%	1h	0.2041	−0.749%	$1.0M	$8.8M	50x	as long as short
Hyperliquid FARTCOINlong	+0.1583%	1h	0.2056	long leg	$48.8M	$32.4M	10x