Funding you earn now, next payment 05:00 UTC−0.0261%/8h= −28.6% APRnext payment −$0.33 per $10,000 · paid last 24h +0.017%
Price spread now: Deribit against Lighter−0.201%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$490.485% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.493%+$49 · spread now −0.201%, 7d avg −0.092%
=Together, before fees+0.495%+ Points / potential airdropLighter: Season 3 · farm board+$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Deribit is 0.109% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.092%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.33 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 | Lighter FARTCOIN | 0.2043 | 0.0600 | pay 0.0075% / 1h | 52m 14s | $698K | $1.6M | 10x |
| Short | Deribit FARTCOIN_USDC-PERPETUAL | 0.2039 | 0.0339 | get 0.0042% / 1h | 52m 14s | $127K | $53K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$54.81
- Price spread: −0.201% → −0.092%
- −$10.87
- Slippage, 4 orders
- −$41.52
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$114.2
- Costs to cover
- 0.485%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Deribit: live order book, 1 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, 4 min ago | 5.19 bp | 13.4 bp −$13 | 37.4 bp −$374 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 1 min ago | 8.10 bp | 11.6 bp −$12 | 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 | 0.2037 | −0.299% | $597 | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −2.893% | $1K | $5 | 5.5x | as long as short |
| Bybit FARTCOINUSDT | +0.0100% | 4h | 0.2042 | −0.039% | $31.8M | $55.0M | 50x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.2027 | −0.765% | $80K | $2K | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0100% | 4h | 0.2038 | −0.240% | $23.9M | $14.6M | 100x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.2043 | −0.015% | $2K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.2041 | −0.103% | $163K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.2041 | −0.113% | $71K | $150K | 20x | as long as short |
| Gate FARTCOIN_USDT | +0.0182% | 4h | 0.2040 | −0.166% | $11.5M | $9.0M | 75x | as long as short |
| Bitget FARTCOINUSDT | +0.0188% | 4h | 0.2041 | −0.103% | $14.1M | $18.0M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo FARTCOIN-PERP | +0.0192% | 1h | 0.2041 | −0.103% | $33K | — | 3x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0257% | 4h | 0.2040 | −0.152% | $5.0M | $16.8M | 20x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0296% | 1h | 0.2040 | −0.142% | $791K | $2.0M | 50x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0312% | 1h | 0.2041 | −0.113% | $115K | $902K | 10x | as long as short |
| Nado FARTCOIN-PERP | +0.0330% | 1h | 0.2041 | −0.078% | $804K | $760K | 10x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUALshort | +0.0339% | 1h | 0.2039 | −0.201% | $127K | $53K | 25x | |
| BingX FARTCOIN-USDT | +0.0392% | 4h | 0.2040 | −0.152% | — | $14.4M | — | as long as short |
| KuCoin FARTCOINUSDTM | +0.0396% | 4h | 0.2042 | −0.054% | $11.0M | $15.5M | 50x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.2041 | −0.119% | $0 | — | 5x | as long as short |
| Binance FARTCOINUSDT | +0.0429% | 4h | 0.2044 | +0.028% | $20.1M | $83.0M | 75x | as long as short |
| Variational Omni FARTCOIN | +0.0452% | 4h | 0.2017 | −1.283% | $1.1M | $3.0M | — | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0460% / S −0.0692% | 1h | 0.2038 | −0.248% | $46K | — | 100x | as long as short |
| Arcus FARTCOIN-USD | +0.0527% | 1h | 0.2042 | −0.054% | $15K | $85K | 10x | as long as short |
| Aster FARTCOINUSDT | +0.0532% | 4h | 0.2038 | −0.266% | $90K | $209K | 5x | as long as short |
| Phoenix FARTCOIN | +0.0556% | 1h | 0.2032 | −0.534% | $160K | $202K | 10x | as long as short |
| Pacifica FARTCOIN | +0.0600% | 1h | 0.2040 | −0.152% | $198K | $434K | 10x | as long as short |
| Lighter FARTCOINlong | +0.0600% | 1h | 0.2043 | long leg | $698K | $1.6M | 10x | |
| Backpack FARTCOIN_USDC_PERP | +0.0628% | 1h | 0.2037 | −0.318% | $93K | $281K | 10x | as long as short |
| BloFin FARTCOIN-USDT | +0.0669% | 4h | 0.2035 | −0.396% | $1.0M | $2.1M | 75x | as long as short |
| Extended FARTCOIN-USD | +0.0696% | 1h | 0.2041 | −0.106% | $235K | $2.1M | 25x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0848% | 4h | 0.2041 | −0.103% | $25K | $4K | 20x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0992% | 4h | 0.2026 | −0.843% | $258K | $4.4M | 10x | as long as short |
| 01 Exchange FARTCOINUSD | +0.1000% | 1h | 0.2046 | +0.132% | $420 | $386 | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1120% | 1h | 0.2044 | +0.059% | $1.0M | $8.5M | 50x | as long as short |
| Hyperliquid FARTCOIN | +0.1476% | 1h | 0.2044 | +0.034% | $47.3M | $31.2M | 10x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.1477% | 1h | 0.2028 | −0.739% | $28K | $214K | 50x | as long as short |
Lighter FARTCOIN
Deribit FARTCOIN_USDC-PERPETUAL
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Bybit FARTCOINUSDT
Bulk FARTCOIN-USD
MEXC FARTCOIN_USDT
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Gate FARTCOIN_USDT
Bitget FARTCOINUSDT
OKX FARTCOIN-USDT-SWAP
Kraken Futures PF_FARTCOINUSD
Polymarket Perps FARTCOIN-USD
BingX FARTCOIN-USDT
KuCoin FARTCOINUSDTM
Binance FARTCOINUSDT
Variational Omni FARTCOIN
GMX FARTCOIN/USD [WBTC.b-USDC]
Aster FARTCOINUSDT
Phoenix FARTCOIN
Pacifica FARTCOIN
Backpack FARTCOIN_USDC_PERP
BloFin FARTCOIN-USDT
Extended FARTCOIN-USD
GRVT FARTCOIN_USDT_Perp
01 Exchange FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX
Hyperliquid FARTCOIN
ApeX Omni FARTCOINUSDT