Funding you earn now, next payment 23:00 UTC+0.0318%/8h= +34.8% APRnext payment +$0.40 per $10,000 · paid last 24h −0.048%
Price spread now: Backpack against Lighter−0.109%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs+$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$300.300% of the position
Funding, last 7 days+0.448%+$45 on $10k
+Price spread, last 4 days (all we have)+0.174%+$17 · spread now −0.109%, 7d avg −0.108%
=Together, before fees+0.623%+ Points / potential airdropLighter: Season 3 · farm board+$62 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.108%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter FARTCOIN | 0.1925 | 0.0160 | pay 0.0020% / 1h | 39m 00s | $589K | $884K | 10x |
| Short | Backpack FARTCOIN_USDC_PERP | 0.1923 | 0.0478 | get 0.0060% / 1h | 39m 00s | $85K | $247K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Lighter. 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
- $66.75
- Price spread: −0.109% → −0.108%
- −$0.1
- Slippage, 4 orders
- −$19.97
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $36.68
- Costs to cover
- 0.300%
- Break-even
- 3.2 days
Slippage from Lighter: live order book, 41 min ago; Backpack: live order book, 44 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 Lighter live order book, 41 min ago | 2.59 bp | 7.8 bp −$8 | 40.4 bp −$404 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 44 min ago | 0.26 bp | 6.3 bp −$6 | 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 −0.0002% | 1h | 0.1925 | −0.021% | $34K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +3.044% | $1K | $4K | 5.5x | as long as short |
| Aster FARTCOINUSDT | +0.0100% | 4h | 0.1927 | +0.105% | $77K | $192K | 5x | as long as short |
| Bybit FARTCOINUSDT | +0.0100% | 4h | 0.1926 | +0.010% | $29.8M | $49.6M | 50x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1928 | +0.122% | $76K | $20K | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0100% | 4h | 0.1926 | +0.052% | $31.6M | $13.8M | 100x | as long as short |
| Bitget FARTCOINUSDT | +0.0100% | 4h | 0.1926 | +0.031% | $13.4M | $15.2M | 50x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0100% | 1h | 0.1927 | +0.083% | $105K | $849K | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1929 | +0.182% | $2K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1926 | +0.031% | $154K | $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 | 0.1927 | +0.088% | $67K | $174K | 20x | as long as short |
| Binance FARTCOINUSDT | +0.0104% | 4h | 0.1926 | +0.011% | $18.4M | $72.9M | 75x | as long as short |
| Aevo FARTCOIN-PERP | +0.0104% | 1h | 0.1925 | +0.005% | $31K | — | 3x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0126% | 4h | 0.1924 | −0.089% | $243K | $4.4M | 10x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0149% | 4h | 0.1926 | +0.031% | $4.5M | $13.5M | 20x | as long as short |
| BingX FARTCOIN-USDT | +0.0158% | 4h | 0.1925 | −0.021% | — | $14.6M | — | as long as short |
| Lighter FARTCOINlong | +0.0160% | 1h | 0.1925 | long leg | $589K | $884K | 10x | |
| Pacifica FARTCOIN | +0.0166% | 1h | 0.1929 | +0.205% | $181K | $408K | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0186% | 4h | 0.1926 | +0.031% | $10.2M | $15.9M | 50x | as long as short |
| Variational Omni FARTCOIN | +0.0234% | 4h | 0.1928 | +0.152% | $811K | $2.5M | — | as long as short |
| Nado FARTCOIN-PERP | +0.0251% | 1h | 0.1928 | +0.161% | $779K | $697K | 10x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0270% | 1h | 0.1925 | −0.021% | $122K | $95K | 25x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0285% / S −0.0371% | 1h | 0.1925 | −0.035% | $43K | — | 100x | as long as short |
| Extended FARTCOIN-USD | +0.0312% | 1h | 0.1926 | +0.040% | $201K | $2.1M | 25x | as long as short |
| Gate FARTCOIN_USDT | +0.0324% | 4h | 0.1927 | +0.073% | $10.9M | $7.9M | 75x | as long as short |
| BloFin FARTCOIN-USDT | +0.0344% | 4h | 0.1926 | +0.031% | $950K | $1.8M | 75x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1928 | +0.132% | $0 | — | 5x | as long as short |
| Phoenix FARTCOIN | +0.0463% | 1h | 0.1928 | +0.135% | $113K | $172K | 10x | as long as short |
| Backpack FARTCOIN_USDC_PERPshort | +0.0478% | 1h | 0.1923 | −0.109% | $85K | $247K | 10x | |
| Arcus FARTCOIN-USD | +0.0557% | 1h | 0.1928 | +0.135% | $14K | $111K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0577% | 4h | 0.1928 | +0.135% | $24K | $3K | 20x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0744% | 1h | 0.1930 | +0.223% | $391 | $381 | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0811% | 1h | 0.1925 | −0.026% | $751K | $1.7M | 50x | as long as short |
| Hyperliquid FARTCOIN | +0.0918% | 1h | 0.1926 | +0.047% | $42.6M | $26.7M | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.0968% | 1h | 0.1935 | +0.499% | $961K | $7.6M | 50x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.1037% | 1h | 0.1925 | −0.021% | $26K | $227K | 50x | as long as short |
Lighter FARTCOIN
Backpack FARTCOIN_USDC_PERP
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Aster FARTCOINUSDT
Bybit FARTCOINUSDT
Bulk FARTCOIN-USD
MEXC FARTCOIN_USDT
Bitget FARTCOINUSDT
Polymarket Perps FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Binance FARTCOINUSDT
GRVT FARTCOIN_USDT_Perp
OKX FARTCOIN-USDT-SWAP
BingX FARTCOIN-USDT
Pacifica FARTCOIN
KuCoin FARTCOINUSDTM
Variational Omni FARTCOIN
Deribit FARTCOIN_USDC-PERPETUAL
GMX FARTCOIN/USD [WBTC.b-USDC]
Extended FARTCOIN-USD
Gate FARTCOIN_USDT
BloFin FARTCOIN-USDT
Phoenix FARTCOIN
01 Exchange FARTCOINUSD
Kraken Futures PF_FARTCOINUSD
Hyperliquid FARTCOIN
Coinbase International FARTCOIN-PERP-INTX
ApeX Omni FARTCOINUSDT