FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0214%/8h= −23.4% APRnext payment −$0.27 per $10,000 · paid last 24h −0.122%

Price spread now: Phoenix against Kraken Futures−0.020%49s7-day average +0.083% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$780.780% of the position

Long on Kraken Futures Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 3 days (all we have)−0.050%−$5 · spread now −0.020%, 7d avg +0.083%

Together, before fees−0.108%−$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Phoenix is 0.104% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.083%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.058% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.27 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	0.1976	0.0828	pay 0.0103% / 1h	35m 36s	$771K	$1.9M	50x
Short	Phoenix FARTCOIN	0.1976	0.0614	get 0.0077% / 1h	35m 36s	$156K	$220K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.020%Rate

Funding earned: −$44.89
Price spread: −0.020% → +0.083%: −$10.36
Slippage, 4 orders: −$61.04
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$133.29
Costs to cover: 0.780%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 3 min ago; Phoenix: live order book, 31 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, 3 min ago	5.07 bp	22.5 bp −$23	41.3 bp −$413	doesn't fit	doesn't fit
Sell Phoenix live order book, 31 min ago	3.10 bp	20.3 bp −$20	58.5 bp −$585	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	0.1974	−0.092%	$34K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+0.405%	$1K	$2K	5.5x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1979	+0.136%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1977	+0.050%	$158K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1973	−0.147%	$68K	$149K	20x	as long as short
Aevo FARTCOIN-PERP	+0.0152%	1h	0.1975	−0.060%	$31K	—	3x	as long as short
Aster FARTCOINUSDT	+0.0164%	4h	0.1978	+0.101%	$81K	$197K	5x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0175%	4h	0.1975	−0.051%	$4.6M	$14.1M	20x	as long as short
Bulk FARTCOIN-USD	+0.0181%	1h	0.1976	+0.019%	$78K	$3K	10x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0198%	1h	0.1974	−0.091%	$112K	$874K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit FARTCOIN_USDC-PERPETUAL	+0.0257%	1h	0.1975	−0.036%	$125K	$95K	25x	as long as short
BingX FARTCOIN-USDC	+0.0270%	4h	0.1978	+0.101%	—	$6.5M	—	as long as short
Pacifica FARTCOIN	+0.0281%	1h	0.1977	+0.032%	$191K	$412K	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0282%	4h	0.1977	+0.050%	$10.5M	$15.6M	50x	as long as short
Binance FARTCOINUSDT	+0.0283%	4h	0.1975	−0.050%	$18.9M	$74.9M	75x	as long as short
Bitget FARTCOINUSDT	+0.0292%	4h	0.1977	+0.050%	$14.0M	$16.7M	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0340% / S −0.0472%	1h	0.1973	−0.129%	$45K	—	100x	as long as short
Gate FARTCOIN_USDT	+0.0378%	4h	0.1975	−0.071%	$11.2M	$8.0M	75x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0396%	4h	0.1973	−0.135%	$254K	$4.2M	10x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1974	−0.091%	$0	—	5x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0481%	1h	0.1976	−0.020%	$84K	$264K	10x	as long as short
Variational Omni FARTCOIN	+0.0484%	4h	0.1976	−0.018%	$777K	$2.6M	—	as long as short
BloFin FARTCOIN-USDT	+0.0521%	4h	0.1979	+0.152%	$965K	$1.9M	75x	as long as short
Extended FARTCOIN-USD	+0.0536%	1h	0.1975	−0.047%	$217K	$2.2M	25x	as long as short
Nado FARTCOIN-PERP	+0.0614%	1h	0.1975	−0.026%	$809K	$719K	10x	as long as short
Phoenix FARTCOINshort	+0.0614%	1h	0.1976	−0.020%	$156K	$220K	10x
Orderly PERP_FARTCOIN_USDC	+0.0676%	4h	0.1977	+0.050%	$24K	$3K	20x	as long as short
Arcus FARTCOIN-USD	+0.0763%	1h	0.1976	0.000%	$14K	$110K	10x	as long as short
Bybit FARTCOINUSDT	+0.0828%	4h	0.1974	−0.101%	$30.7M	$51.0M	50x	as long as short
Kraken Futures PF_FARTCOINUSDlong	+0.0828%	1h	0.1976	long leg	$771K	$1.9M	50x
MEXC FARTCOIN_USDT	+0.0834%	4h	0.1976	0.000%	$33.1M	$14.2M	100x	as long as short
ApeX Omni FARTCOINUSDT	+0.0842%	1h	0.1975	−0.051%	$27K	$214K	50x	as long as short
01 Exchange FARTCOINUSD	+0.0856%	1h	0.1978	+0.086%	$401	$381	10x	as long as short
Hyperliquid FARTCOIN	+0.0880%	1h	0.1977	+0.060%	$44.1M	$26.0M	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1048%	1h	0.1979	+0.172%	$977K	$7.6M	50x	as long as short
Lighter FARTCOIN	+0.1136%	1h	0.1979	+0.167%	$765K	$1.1M	10x	as long as short