Funding arb · Price arb /

FARTCOIN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0748%/8h= −81.9% APRpaid last 24h −0.171%

Price spread now: OKX against Hyperliquid+0.056%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$560.564% of the position

Long on Hyperliquid Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.203%−$20 on $10k

Price spread, last 7 days−0.075%−$7 · spread now +0.056%, 7d avg +0.003%

Together, before fees−0.278%+ Points / potential airdropHyperliquid: Season 2 · farm board−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.054% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.003%): +$5 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.203% in total) that is about 45 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.203% in total (about -10.6% 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	0.1951	0.0918	pay 0.0115% / 1h	28m 14s	$43.0M	$28.1M	10x
Short	OKX FARTCOIN-USDT-SWAP	0.1952	0.0170	get 0.0085% / 4h	2h 28m	$4.8M	$15.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$157.04
Price spread: +0.056% → +0.003%: $5.38
Slippage, 4 orders: −$37.36
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$208.01
Costs to cover: 0.564%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago	4.12 bp	15.0 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	2.58 bp	16.0 bp −$16	50.3 bp −$503	doesn't fit	doesn't fit

FARTCOIN on 35 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 0.0000%	1h	0.1948	−0.172%	$14K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+1.697%	$1K	$2K	5.5x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1954	+0.164%	$1K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1952	+0.056%	$156K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1950	−0.041%	$68K	$151K	20x	as long as short
Bulk FARTCOIN-USD	+0.0127%	1h	0.1940	−0.541%	$77K	$2K	10x	as long as short
OKX FARTCOIN-USDT-SWAPshort	+0.0170%	4h	0.1952	+0.056%	$4.8M	$15.1M	20x
Aevo FARTCOIN-PERP	+0.0176%	1h	0.1952	+0.053%	$31K	—	3x	as long as short
Gate FARTCOIN_USDT	+0.0208%	4h	0.1949	−0.092%	$11.0M	$8.3M	75x	as long as short
Pacifica FARTCOIN	+0.0238%	1h	0.1944	−0.369%	$183K	$421K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin FARTCOINUSDTM	+0.0312%	4h	0.1950	−0.046%	$10.2M	$15.7M	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0334% / S −0.0108%	1h	0.1947	−0.179%	$67K	—	100x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0361%	1h	0.1948	−0.154%	$109K	$900K	10x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0365%	1h	0.1951	−0.010%	$82K	$260K	10x	as long as short
Aster FARTCOINUSDT	+0.0383%	4h	0.1945	−0.302%	$82K	$196K	5x	as long as short
Binance FARTCOINUSDT	+0.0384%	4h	0.1950	−0.035%	$18.6M	$78.0M	75x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1949	−0.087%	$0	—	5x	as long as short
Bitget FARTCOINUSDT	+0.0460%	4h	0.1949	−0.097%	$13.8M	$17.5M	50x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0508%	4h	0.1946	−0.251%	$246K	$4.4M	10x	as long as short
Phoenix FARTCOIN	+0.0568%	1h	0.1952	+0.077%	$154K	$219K	10x	as long as short
Nado FARTCOIN-PERP	+0.0632%	1h	0.1948	−0.163%	$787K	$710K	10x	as long as short
Lighter FARTCOIN	+0.0656%	1h	0.1953	+0.092%	$629K	$1.3M	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0657%	1h	0.1946	−0.251%	$25K	$214K	50x	as long as short
BingX FARTCOIN-USDC	+0.0664%	4h	0.1951	+0.005%	—	$6.5M	—	as long as short
Extended FARTCOIN-USD	+0.0688%	1h	0.1952	+0.056%	$206K	$2.0M	25x	as long as short
MEXC FARTCOIN_USDT	+0.0694%	4h	0.1951	−0.010%	$32.5M	$14.4M	100x	as long as short
Variational Omni FARTCOIN	+0.0720%	4h	0.1948	−0.169%	$799K	$2.7M	—	as long as short
Bybit FARTCOINUSDT	+0.0733%	4h	0.1950	−0.041%	$30.3M	$52.4M	50x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0769%	1h	0.1951	+0.019%	$761K	$1.9M	50x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0773%	4h	0.1951	+0.005%	$24K	$3K	20x	as long as short
Arcus FARTCOIN-USD	+0.0839%	1h	0.1947	−0.200%	$14K	$112K	10x	as long as short
Hyperliquid FARTCOINlong	+0.0918%	1h	0.1951	long leg	$43.0M	$28.1M	10x
01 Exchange FARTCOINUSD	+0.0920%	1h	0.1947	−0.200%	$395	$381	10x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0930%	1h	0.1951	−0.005%	$124K	$95K	25x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.0976%	1h	0.1947	−0.210%	$1.0M	$7.4M	50x	as long as short