Funding you earn now, next payment 22:00 UTC−0.0777%/8h= −85.1% APRnext payment −$0.97 per $10,000 · paid last 24h −0.178%
Price spread now: Polymarket Perps against Hyperliquid−0.094%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$380.380% of the position
Funding, last 7 days−0.327%−$33 on $10k
+Price spread, last 3 days (all we have)+0.204%+$20 · spread now −0.094%, 7d avg −0.055%
=Together, before fees−0.124%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Polymarket Perps is 0.039% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.055%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.327% in total (about -17.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.97 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 | 0.1916 | 0.0877 | pay 0.0110% / 1h | 37m 22s | $42.3M | $26.5M | 10x |
| Short | Polymarket Perps FARTCOIN-USD | 0.1915 | 0.0100 | get 0.0013% / 1h | 37m 22s | $104K | $825K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Hyperliquid. 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
- −$163.14
- Price spread: −0.094% → −0.055%
- −$3.94
- Slippage, 4 orders
- −$21.04
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$205.12
- Costs to cover
- 0.380%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; Polymarket Perps: live order book, 50 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, 6 min ago | 1.05 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 50 min ago | 2.36 bp | 7.9 bp −$8 | 14.1 bp −$141 | 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 | 0.1911 | −0.264% | $33K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +3.522% | $1K | $4K | 5.5x | as long as short |
| Lighter FARTCOIN | +0.0096% | 1h | 0.1915 | −0.073% | $575K | $904K | 10x | as long as short |
| Aster FARTCOINUSDT | +0.0100% | 4h | 0.1911 | −0.275% | $76K | $189K | 5x | as long as short |
| Pacifica FARTCOIN | +0.0100% | 1h | 0.1916 | −0.042% | $180K | $410K | 10x | as long as short |
| Bybit FARTCOINUSDT | +0.0100% | 4h | 0.1914 | −0.130% | $29.6M | $49.3M | 50x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1915 | −0.078% | $76K | $25K | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0100% | 4h | 0.1913 | −0.157% | $31.4M | $13.8M | 100x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0100% | 1h | 0.1911 | −0.261% | $84K | $248K | 10x | as long as short |
| Polymarket Perps FARTCOIN-USDshort | +0.0100% | 1h | 0.1915 | −0.094% | $104K | $825K | 10x |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1918 | +0.094% | $1K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1914 | −0.130% | $153K | $6K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1913 | −0.172% | $66K | $175K | 20x | as long as short |
| Aevo FARTCOIN-PERP | +0.0104% | 1h | 0.1914 | −0.130% | $31K | — | 3x | as long as short |
| Binance FARTCOINUSDT | +0.0108% | 4h | 0.1916 | −0.035% | $18.4M | $72.3M | 75x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0114% | 4h | 0.1917 | +0.032% | $240K | $4.5M | 10x | as long as short |
| Extended FARTCOIN-USD | +0.0128% | 1h | 0.1915 | −0.063% | $197K | $2.1M | 25x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0134% | 4h | 0.1915 | −0.078% | $10.1M | $15.9M | 50x | as long as short |
| BingX FARTCOIN-USDC | +0.0136% | 4h | 0.1912 | −0.235% | — | $6.5M | — | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0142% | 4h | 0.1916 | −0.026% | $4.5M | $13.4M | 20x | as long as short |
| Bitget FARTCOINUSDT | +0.0142% | 4h | 0.1915 | −0.078% | $13.3M | $15.0M | 50x | as long as short |
| Gate FARTCOIN_USDT | +0.0242% | 4h | 0.1914 | −0.141% | $10.8M | $7.8M | 75x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0288% | 1h | 0.1917 | +0.026% | $23K | $224K | 50x | as long as short |
| Variational Omni FARTCOIN | +0.0315% | 4h | 0.1916 | −0.007% | $828K | $2.5M | — | as long as short |
| BloFin FARTCOIN-USDT | +0.0350% | 4h | 0.1906 | −0.548% | $951K | $1.8M | 75x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0374% / S −0.0540% | 1h | 0.1913 | −0.185% | $43K | — | 100x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1915 | −0.055% | $0 | — | 5x | as long as short |
| Phoenix FARTCOIN | +0.0419% | 1h | 0.1909 | −0.397% | $112K | $174K | 10x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0430% | 1h | 0.1914 | −0.110% | $122K | $95K | 25x | as long as short |
| Arcus FARTCOIN-USD | +0.0480% | 1h | 0.1916 | −0.026% | $14K | $111K | 10x | as long as short |
| Nado FARTCOIN-PERP | +0.0503% | 1h | 0.1915 | −0.052% | $771K | $683K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0559% | 4h | 0.1915 | −0.078% | $24K | $3K | 20x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0776% | 1h | 0.1918 | +0.089% | $389 | $381 | 10x | as long as short |
| Hyperliquid FARTCOINlong | +0.0877% | 1h | 0.1916 | long leg | $42.3M | $26.5M | 10x | |
| Kraken Futures PF_FARTCOINUSD | +0.0903% | 1h | 0.1915 | −0.084% | $762K | $1.7M | 50x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.0944% | 1h | 0.1919 | +0.146% | $941K | $7.6M | 50x | as long as short |
Hyperliquid FARTCOIN
Polymarket Perps FARTCOIN-USD
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Lighter FARTCOIN
Aster FARTCOINUSDT
Pacifica FARTCOIN
Bybit FARTCOINUSDT
Bulk FARTCOIN-USD
MEXC FARTCOIN_USDT
Backpack FARTCOIN_USDC_PERP
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Binance FARTCOINUSDT
GRVT FARTCOIN_USDT_Perp
Extended FARTCOIN-USD
KuCoin FARTCOINUSDTM
BingX FARTCOIN-USDC
OKX FARTCOIN-USDT-SWAP
Bitget FARTCOINUSDT
Gate FARTCOIN_USDT
ApeX Omni FARTCOINUSDT
Variational Omni FARTCOIN
BloFin FARTCOIN-USDT
GMX FARTCOIN/USD [WBTC.b-USDC]
Phoenix FARTCOIN
Deribit FARTCOIN_USDC-PERPETUAL
01 Exchange FARTCOINUSD
Kraken Futures PF_FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX