Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0314%/8h= −34.4% APRpaid last 24h +0.166%

Price spread now: Hyperliquid against KuCoin−0.104%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$820.817% of the position

Long on KuCoin Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.135%+$13 on $10k

Price spread, last 7 days+0.061%+$6 · spread now −0.104%, 7d avg −0.018%

Together, before fees+0.196%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Hyperliquid is 0.087% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.018%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.135%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.135% in total (about 7.0% 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	KuCoin FARTCOINUSDTM	0.2014	0.0666	pay 0.0333% / 4h	3h 13m	$11.1M	$15.6M	50x
Short	Hyperliquid FARTCOIN	0.2012	0.0352	get 0.0044% / 1h	13m 24s	$48.2M	$40.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. 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 KuCoinbpFee HyperliquidbpOrdersPrice spread, now −0.104%Rate

Funding earned: −$65.99
Price spread: −0.104% → −0.018%: −$8.66
Slippage, 4 orders: −$60.73
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$156.37
Costs to cover: 0.817%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Hyperliquid: live order book, 10 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 KuCoin live order book, 5 min ago	4.97 bp	26.1 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 10 min ago	0.25 bp	14.2 bp −$14	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	0.2009	−0.235%	$9K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−1.490%	$1K	$5	5.5x	as long as short
Lighter FARTCOIN	+0.0096%	1h	0.2014	+0.010%	$574K	$1.9M	10x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0100%	4h	0.2010	−0.199%	$4.8M	$19.8M	20x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.2012	−0.112%	$83K	$3K	10x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0100%	1h	0.2010	−0.199%	$109K	$973K	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.2019	+0.253%	$2K	$1.9M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.2017	+0.149%	$161K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.2015	+0.065%	$69K	$161K	20x	as long as short
Aevo FARTCOIN-PERP	+0.0152%	1h	0.2017	+0.149%	$32K	—	3x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster FARTCOINUSDT	+0.0172%	4h	0.2011	−0.134%	$66K	$254K	5x	as long as short
Extended FARTCOIN-USD	+0.0184%	1h	0.2012	−0.075%	$194K	$1.6M	25x	as long as short
Binance FARTCOINUSDT	+0.0284%	4h	0.2011	−0.142%	$19.6M	$95.6M	75x	as long as short
Bitget FARTCOINUSDT	+0.0288%	4h	0.2012	−0.099%	$14.1M	$19.3M	50x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0303%	1h	0.2015	+0.055%	$67K	$304K	10x	as long as short
Hyperliquid FARTCOINshort	+0.0352%	1h	0.2012	−0.104%	$48.2M	$40.9M	10x
Pacifica FARTCOIN	+0.0372%	1h	0.2012	−0.099%	$187K	$509K	10x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0392%	4h	0.2014	+0.004%	$252K	$4.7M	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0399%	1h	0.2011	−0.149%	$28K	$190K	50x	as long as short
Variational Omni FARTCOIN	+0.0411%	4h	0.2016	+0.095%	$1.1M	$3.0M	—	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2011	−0.144%	$0	—	5x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0438% / S −0.0523%	1h	0.2009	−0.255%	$56K	—	100x	as long as short
BingX FARTCOIN-USDT	+0.0476%	4h	0.2010	−0.199%	—	$14.1M	—	as long as short
Nado FARTCOIN-PERP	+0.0507%	1h	0.2014	−0.021%	$800K	$858K	10x	as long as short
Bybit FARTCOINUSDT	+0.0516%	4h	0.2010	−0.194%	$31.1M	$63.1M	50x	as long as short
BloFin FARTCOIN-USDT	+0.0523%	4h	0.2014	0.000%	$993K	$2.4M	75x	as long as short
MEXC FARTCOIN_USDT	+0.0548%	4h	0.2011	−0.124%	$25.4M	$16.1M	100x	as long as short
Gate FARTCOIN_USDT	+0.0552%	4h	0.2011	−0.154%	$11.5M	$10.3M	75x	as long as short
01 Exchange FARTCOINUSD	+0.0616%	1h	0.2014	+0.015%	$413	$477	10x	as long as short
KuCoin FARTCOINUSDTMlong	+0.0666%	4h	0.2014	long leg	$11.1M	$15.6M	50x
Phoenix FARTCOIN	+0.0668%	1h	0.2008	−0.288%	$158K	$233K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0731%	4h	0.2012	−0.099%	$26K	$4K	20x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0743%	1h	0.2016	+0.104%	$120K	$57K	25x	as long as short
Arcus FARTCOIN-USD	+0.0956%	1h	0.2014	0.000%	$17K	$98K	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1184%	1h	0.2021	+0.328%	$1.2M	$10.3M	50x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.1207%	1h	0.2017	+0.137%	$824K	$2.6M	50x	as long as short