Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h −0.040%

Price spread now: GRVT against Lighter−0.373%7-day average +0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$620.617% of the position

Long on Lighter Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.238%−$24 on $10k

Price spread, last 7 days+0.468%+$47 · spread now −0.373%, 7d avg +0.043%

Together, before fees+0.230%+ Points / potential airdropLighter: Season 3 · GRVT: Active · farm board+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.416% cheaper against Lighter than usual: you would sell low and buy high (spread −0.373% now, against its 7-day average of +0.043%). If the spread goes back, that is −$42 on $10k: about 7.4 days of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.238%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter FARTCOIN	0.1951	0.0304	pay 0.0038% / 1h	43m 32s	$629K	$1.3M	10x
Short	GRVT FARTCOIN_USDT_Perp	0.1944	0.0492	get 0.0246% / 4h	43m 32s	$245K	$4.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Lighter. 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 LighterbpFee GRVTbpOrdersPrice spread, now −0.373%Rate

Funding earned: $39.48
Price spread: −0.373% → +0.043%: −$41.62
Slippage, 4 orders: −$52.68
Fee Lighter: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$63.82
Costs to cover: 0.617%
Break-even: 18.3 days

Slippage from Lighter: live order book, 8 min ago; GRVT: live order book, 5 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, 8 min ago	2.31 bp	7.7 bp −$8	32.5 bp −$325	doesn't fit	doesn't fit
Sell GRVT live order book, 5 min ago	2.58 bp	15.8 bp −$16	54.6 bp −$546	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	0.1945	−0.328%	$570	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+1.676%	$1K	$5	5.5x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1950	−0.067%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1949	−0.118%	$156K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1950	−0.067%	$68K	$151K	20x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0105%	1h	0.1948	−0.149%	$110K	$864K	10x	as long as short
Bulk FARTCOIN-USD	+0.0183%	1h	0.1945	−0.342%	$77K	$2K	10x	as long as short
Aevo FARTCOIN-PERP	+0.0184%	1h	0.1946	−0.277%	$31K	—	3x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0252%	4h	0.1949	−0.118%	$4.8M	$15.2M	20x	as long as short
Gate FARTCOIN_USDT	+0.0266%	4h	0.1949	−0.102%	$11.1M	$8.7M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget FARTCOINUSDT	+0.0266%	4h	0.1947	−0.220%	$13.7M	$17.2M	50x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0278%	1h	0.1948	−0.159%	$82K	$255K	10x	as long as short
Lighter FARTCOINlong	+0.0304%	1h	0.1951	long leg	$629K	$1.3M	10x
Pacifica FARTCOIN	+0.0348%	1h	0.1949	−0.118%	$182K	$412K	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0372%	4h	0.1949	−0.118%	$10.7M	$15.5M	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0389% / S −0.0566%	1h	0.1948	−0.171%	$44K	—	100x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1947	−0.212%	$0	—	5x	as long as short
Binance FARTCOINUSDT	+0.0411%	4h	0.1948	−0.167%	$18.7M	$79.0M	75x	as long as short
Bybit FARTCOINUSDT	+0.0414%	4h	0.1948	−0.195%	$30.1M	$53.5M	50x	as long as short
MEXC FARTCOIN_USDT	+0.0416%	4h	0.1948	−0.195%	$32.2M	$14.2M	100x	as long as short
BingX FARTCOIN-USDT	+0.0432%	4h	0.1949	−0.118%	—	$14.4M	—	as long as short
Aster FARTCOINUSDT	+0.0451%	4h	0.1947	−0.203%	$82K	$192K	5x	as long as short
GRVT FARTCOIN_USDT_Perpshort	+0.0492%	4h	0.1944	−0.373%	$245K	$4.4M	10x
Kraken Futures PF_FARTCOINUSD	+0.0598%	1h	0.1948	−0.183%	$760K	$1.9M	50x	as long as short
Extended FARTCOIN-USD	+0.0616%	1h	0.1950	−0.067%	$217K	$2.0M	25x	as long as short
Variational Omni FARTCOIN	+0.0628%	4h	0.1939	−0.626%	$807K	$2.7M	—	as long as short
BloFin FARTCOIN-USDT	+0.0650%	4h	0.1945	−0.323%	$969K	$2.0M	75x	as long as short
ApeX Omni FARTCOINUSDT	+0.0666%	1h	0.1944	−0.374%	$27K	$211K	50x	as long as short
Phoenix FARTCOIN	+0.0704%	1h	0.1948	−0.179%	$154K	$211K	10x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0726%	1h	0.1949	−0.118%	$124K	$62K	25x	as long as short
Nado FARTCOIN-PERP	+0.0773%	1h	0.1948	−0.143%	$789K	$732K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0908%	4h	0.1950	−0.067%	$24K	$4K	20x	as long as short
Arcus FARTCOIN-USD	+0.0973%	1h	0.1951	−0.015%	$14K	$112K	10x	as long as short
01 Exchange FARTCOINUSD	+0.1064%	1h	0.1955	+0.164%	$401	$386	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1152%	1h	0.1948	−0.179%	$1.1M	$7.3M	50x	as long as short
Hyperliquid FARTCOIN	+0.1161%	1h	0.1948	−0.159%	$43.6M	$29.6M	10x	as long as short