Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0677%/8h= −74.1% APRpaid last 24h −0.237%

Price spread now: SunX against Hyperliquid+0.326%7-day average +0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$190as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1541.536% of the position

Long on Hyperliquid Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.360%−$36 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.326%, 7d avg +0.108%

Together, before fees−0.284%+ Points / potential airdropHyperliquid: Season 2 · farm board−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.218% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.326% now, against its 7-day average of +0.108%): +$22 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.360% in total) that is about 4.2 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.360% in total (about -18.8% 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	0.1961	0.0777	pay 0.0097% / 1h	23m 40s	$47.7M	$37.2M	10x
Short	SunX FARTCOIN-USDT	0.1968	0.0100	get 0.0050% / 4h	2h 23m	$1K	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.326%Rate

Funding earned: −$142.14
Price spread: +0.326% → +0.108%: $21.81
Slippage, 4 orders: −$136.63
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$273.96
Costs to cover: 1.536%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 10 min ago; SunX: live order book, 12 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	0.25 bp	16.5 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 12 min ago	31.52 bp	80.5 bp −$80	doesn't fit	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	0.1960	−0.061%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+1.163%	$1K	$5	5.5x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.1986	+1.265%	$78K	−$0	10x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0100%	1h	0.1964	+0.153%	$83K	$318K	10x	as long as short
SunX FARTCOIN-USDTshort	+0.0100%	4h	0.1968	+0.326%	$1K	$1.8M	20x
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1965	+0.194%	$157K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1963	+0.097%	$68K	$153K	20x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0110%	1h	0.1961	0.000%	$107K	$965K	10x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0141%	4h	0.1958	−0.163%	$4.7M	$18.2M	20x	as long as short
Aevo FARTCOIN-PERP	+0.0152%	1h	0.1961	−0.035%	$31K	—	3x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit FARTCOINUSDT	+0.0163%	4h	0.1958	−0.138%	$30.5M	$59.4M	50x	as long as short
ApeX Omni FARTCOINUSDT	+0.0172%	1h	0.1958	−0.163%	$27K	$201K	50x	as long as short
MEXC FARTCOIN_USDT	+0.0182%	4h	0.1959	−0.117%	$24.1M	$15.7M	100x	as long as short
Lighter FARTCOIN	+0.0192%	1h	0.1960	−0.076%	$589K	$1.8M	10x	as long as short
Phoenix FARTCOIN	+0.0238%	1h	0.1956	−0.280%	$154K	$219K	10x	as long as short
Bitget FARTCOINUSDT	+0.0250%	4h	0.1959	−0.112%	$13.8M	$19.0M	50x	as long as short
Aster FARTCOINUSDT	+0.0257%	4h	0.1960	−0.061%	$82K	$234K	5x	as long as short
Binance FARTCOINUSDT	+0.0272%	4h	0.1960	−0.065%	$19.1M	$91.1M	75x	as long as short
Gate FARTCOIN_USDT	+0.0294%	4h	0.1959	−0.117%	$11.0M	$9.8M	75x	as long as short
BingX FARTCOIN-USDT	+0.0298%	4h	0.1959	−0.112%	—	$14.8M	—	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0320%	4h	0.1975	+0.712%	$247K	$4.6M	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0328%	4h	0.1959	−0.112%	$10.6M	$15.8M	50x	as long as short
Pacifica FARTCOIN	+0.0362%	1h	0.1960	−0.061%	$188K	$485K	10x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0362%	1h	0.1963	+0.117%	$117K	$57K	25x	as long as short
Variational Omni FARTCOIN	+0.0409%	4h	0.1955	−0.320%	$1.0M	$3.2M	—	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1962	+0.060%	$0	—	5x	as long as short
Nado FARTCOIN-PERP	+0.0435%	1h	0.1962	+0.064%	$784K	$818K	10x	as long as short
01 Exchange FARTCOINUSD	+0.0480%	1h	0.1957	−0.224%	$402	$477	10x	as long as short
Extended FARTCOIN-USD	+0.0512%	1h	0.1958	−0.164%	$221K	$1.6M	25x	as long as short
BloFin FARTCOIN-USDT	+0.0513%	4h	0.1962	+0.041%	$1.0M	$2.1M	75x	as long as short
Arcus FARTCOIN-USD	+0.0518%	1h	0.1958	−0.163%	$14K	$87K	10x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0526% / S −0.0667%	1h	0.1960	−0.082%	$55K	—	100x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0544%	1h	0.1966	+0.228%	$774K	$2.3M	50x	as long as short
Hyperliquid FARTCOINlong	+0.0777%	1h	0.1961	long leg	$47.7M	$37.2M	10x
Orderly PERP_FARTCOIN_USDC	+0.0785%	4h	0.1965	+0.194%	$24K	$4K	20x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1008%	1h	0.1963	+0.107%	$1.0M	$9.5M	50x	as long as short