FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0758%/8h= −83.0% APRnext payment −$0.95 per $10,000 · paid last 24h −0.189%

Price spread now: Backpack against Kraken Futures+0.021%7-day average −0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$480.480% of the position

Long on Kraken Futures Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.079%−$8 on $10k

Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.021%, 7d avg −0.072%

Together, before fees−0.170%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Backpack is 0.093% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.072%): +$9 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.079% in total) that is about 8.3 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.95 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	Kraken Futures PF_FARTCOINUSD	0.2043	0.1192	pay 0.0149% / 1h	56m 45s	$834K	$2.6M	50x
Short	Backpack FARTCOIN_USDC_PERP	0.2043	0.0434	get 0.0054% / 1h	56m 45s	$67K	$337K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Kraken Futures. 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 Kraken FuturesbpFee BackpackbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$159.09
Price spread: +0.021% → −0.072%: $9.34
Slippage, 4 orders: −$27.99
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$197.74
Costs to cover: 0.480%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 2 min ago; Backpack: live order book, 42 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 Kraken Futures live order book, 2 min ago	2.45 bp	13.7 bp −$14	48.5 bp −$485	doesn't fit	doesn't fit
Sell Backpack live order book, 42 min ago	0.25 bp	7.6 bp −$8	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 −0.0006%	1h	0.2040	−0.169%	$9K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−2.887%	$1K	$5	5.5x	as long as short
Bybit FARTCOINUSDT	+0.0100%	4h	0.2046	+0.134%	$31.8M	$62.8M	50x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0100%	4h	0.2044	+0.050%	$4.8M	$20.1M	20x	as long as short
Gate FARTCOIN_USDT	+0.0100%	4h	0.2041	−0.092%	$11.5M	$10.0M	75x	as long as short
MEXC FARTCOIN_USDT	+0.0100%	4h	0.2041	−0.087%	$25.6M	$15.7M	100x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0100%	4h	0.2034	−0.439%	$262K	$4.7M	10x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0100%	1h	0.2040	−0.165%	$111K	$987K	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.2045	+0.114%	$2K	$1.9M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.2044	+0.050%	$164K	$7K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX FARTCOIN-USDT	+0.0100%	4h	0.2035	−0.395%	$70K	$162K	20x	as long as short
Lighter FARTCOIN	+0.0144%	1h	0.2047	+0.202%	$611K	$1.8M	10x	as long as short
Aevo FARTCOIN-PERP	+0.0160%	1h	0.2041	−0.118%	$33K	—	3x	as long as short
Extended FARTCOIN-USD	+0.0176%	1h	0.2044	+0.049%	$204K	$1.6M	25x	as long as short
Bulk FARTCOIN-USD	+0.0190%	1h	0.2041	−0.100%	$84K	$3K	10x	as long as short
Aster FARTCOINUSDT	+0.0237%	4h	0.2044	+0.050%	$85K	$234K	5x	as long as short
Binance FARTCOINUSDT	+0.0317%	4h	0.2046	+0.148%	$20.0M	$95.2M	75x	as long as short
BingX FARTCOIN-USDT	+0.0368%	4h	0.2045	+0.099%	—	$14.9M	—	as long as short
Bitget FARTCOINUSDT	+0.0372%	4h	0.2047	+0.197%	$14.3M	$19.2M	50x	as long as short
Pacifica FARTCOIN	+0.0372%	1h	0.2047	+0.197%	$191K	$507K	10x	as long as short
Variational Omni FARTCOIN	+0.0379%	4h	0.2034	−0.453%	$1.1M	$3.1M	—	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2041	−0.078%	$0	—	5x	as long as short
ApeX Omni FARTCOINUSDT	+0.0420%	1h	0.2032	−0.537%	$28K	$191K	50x	as long as short
Nado FARTCOIN-PERP	+0.0433%	1h	0.2043	+0.014%	$816K	$851K	10x	as long as short
Backpack FARTCOIN_USDC_PERPshort	+0.0434%	1h	0.2043	+0.021%	$67K	$337K	10x
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0440% / S −0.0523%	1h	0.2039	−0.170%	$57K	—	100x	as long as short
BloFin FARTCOIN-USDT	+0.0550%	4h	0.2046	+0.148%	$1.0M	$2.4M	75x	as long as short
Phoenix FARTCOIN	+0.0637%	1h	0.2038	−0.243%	$160K	$232K	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0642%	4h	0.2045	+0.099%	$11.2M	$15.7M	50x	as long as short
Hyperliquid FARTCOIN	+0.0683%	1h	0.2047	+0.207%	$49.5M	$39.8M	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0751%	4h	0.2043	+0.001%	$26K	$5K	20x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0828%	1h	0.2042	−0.028%	$121K	$57K	25x	as long as short
Arcus FARTCOIN-USD	+0.0956%	1h	0.2043	+0.001%	$16K	$89K	10x	as long as short
01 Exchange FARTCOINUSD	+0.0992%	1h	0.2047	+0.192%	$420	$477	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1184%	1h	0.2046	+0.153%	$1.2M	$10.3M	50x	as long as short
Kraken Futures PF_FARTCOINUSDlong	+0.1192%	1h	0.2043	long leg	$834K	$2.6M	50x