FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0810%/8h= −88.7% APRnext payment −$1.01 per $10,000 · paid last 24h −0.106%

Price spread now: Lighter against Hyperliquid−0.083%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$420.418% of the position

Long on Hyperliquid Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.083%, 7d avg +0.016%

Together, before fees+0.128%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Lighter is 0.099% cheaper against Hyperliquid than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.016%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.01 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	Hyperliquid FARTCOIN	0.1925	0.0922	pay 0.0115% / 1h	43m 10s	$42.5M	$26.8M	10x
Short	Lighter FARTCOIN	0.1923	0.0112	get 0.0014% / 1h	43m 10s	$577K	$865K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.083%Rate

Funding earned: −$170.07
Price spread: −0.083% → +0.016%: −$9.92
Slippage, 4 orders: −$32.84
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: −$221.83
Costs to cover: 0.418%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 10 min ago; Lighter: 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 Hyperliquid live order book, 10 min ago	2.09 bp	12.4 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 37 min ago	2.59 bp	9.0 bp −$9	41.0 bp −$410	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	0.1919	−0.276%	$33K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+3.092%	$1K	$4K	5.5x	as long as short
Aster FARTCOINUSDT	+0.0100%	4h	0.1922	−0.154%	$77K	$192K	5x	as long as short
Binance FARTCOINUSDT	+0.0100%	4h	0.1923	−0.078%	$18.3M	$72.8M	75x	as long as short
Bybit FARTCOINUSDT	+0.0100%	4h	0.1922	−0.114%	$29.8M	$49.5M	50x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.1915	−0.494%	$76K	$20K	10x	as long as short
MEXC FARTCOIN_USDT	+0.0100%	4h	0.1923	−0.078%	$31.6M	$13.8M	100x	as long as short
Bitget FARTCOINUSDT	+0.0100%	4h	0.1922	−0.130%	$13.4M	$15.2M	50x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0100%	4h	0.1920	−0.242%	$242K	$4.4M	10x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0100%	1h	0.1923	−0.052%	$105K	$847K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX FARTCOIN-USDT	+0.0100%	4h	0.1925	+0.021%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1922	−0.130%	$154K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1923	−0.062%	$67K	$174K	20x	as long as short
Aevo FARTCOIN-PERP	+0.0104%	1h	0.1921	−0.156%	$31K	—	3x	as long as short
Lighter FARTCOINshort	+0.0112%	1h	0.1923	−0.083%	$577K	$865K	10x
BingX FARTCOIN-USDT	+0.0134%	4h	0.1922	−0.130%	—	$14.6M	—	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0154%	4h	0.1923	−0.078%	$4.5M	$13.5M	20x	as long as short
Pacifica FARTCOIN	+0.0166%	1h	0.1925	+0.033%	$181K	$412K	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0180%	4h	0.1924	−0.026%	$10.2M	$15.9M	50x	as long as short
Variational Omni FARTCOIN	+0.0236%	4h	0.1917	−0.371%	$792K	$2.5M	—	as long as short
Nado FARTCOIN-PERP	+0.0262%	1h	0.1925	+0.004%	$779K	$695K	10x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0284% / S −0.0294%	1h	0.1919	−0.301%	$47K	—	100x	as long as short
Extended FARTCOIN-USD	+0.0304%	1h	0.1921	−0.173%	$200K	$2.1M	25x	as long as short
Gate FARTCOIN_USDT	+0.0326%	4h	0.1921	−0.161%	$10.8M	$7.9M	75x	as long as short
BloFin FARTCOIN-USDT	+0.0340%	4h	0.1922	−0.130%	$951K	$1.8M	75x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0375%	1h	0.1921	−0.192%	$122K	$95K	25x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1923	−0.056%	$0	—	5x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0461%	1h	0.1922	−0.145%	$85K	$247K	10x	as long as short
Phoenix FARTCOIN	+0.0463%	1h	0.1922	−0.145%	$112K	$172K	10x	as long as short
Arcus FARTCOIN-USD	+0.0557%	1h	0.1925	+0.026%	$14K	$111K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0569%	4h	0.1922	−0.130%	$24K	$3K	20x	as long as short
01 Exchange FARTCOINUSD	+0.0736%	1h	0.1929	+0.218%	$391	$381	10x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0812%	1h	0.1922	−0.108%	$747K	$1.7M	50x	as long as short
Hyperliquid FARTCOINlong	+0.0922%	1h	0.1925	long leg	$42.5M	$26.8M	10x
Coinbase International FARTCOIN-PERP-INTX	+0.0968%	1h	0.1929	+0.234%	$954K	$7.6M	50x	as long as short
ApeX Omni FARTCOINUSDT	+0.1219%	1h	0.1920	−0.234%	$26K	$227K	50x	as long as short