Funding you earn now, next payment 22:00 UTC+0.0786%/8h= +86.0% APRnext payment +$0.98 per $10,000 · paid last 24h +0.091%
Price spread now: Hyperliquid against Lighter+0.047%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$500.501% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.047%, 7d avg −0.016%
=Together, before fees−0.104%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Hyperliquid is 0.063% dearer against Lighter than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.016%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.98 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 | 0.1914 | 0.0096 | pay 0.0012% / 1h | 35m 29s | $575K | $904K | 10x |
| Short | Hyperliquid FARTCOIN | 0.1915 | 0.0882 | get 0.0110% / 1h | 35m 29s | $42.3M | $26.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $165
- Price spread: +0.047% → −0.016%
- $6.3
- Slippage, 4 orders
- −$41.11
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $121.2
- Costs to cover
- 0.501%
- Break-even
- 1.9 days
Slippage from Lighter: live order book, 49 min ago; Hyperliquid: live order book, 8 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, 49 min ago | 3.40 bp | 12.5 bp −$13 | 43.1 bp −$431 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.05 bp | 10.6 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FARTCOIN_USDC-PERPETUAL | 0.0000% | 1h | 0.1911 | −0.141% | $121K | $95K | 25x | as long as short |
| gTrade (Gains Network) FARTCOIN/USD | L +0.0005% / S −0.0002% | 1h | 0.1910 | −0.224% | $33K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +3.652% | $1K | $4K | 5.5x | as long as short |
| Lighter FARTCOINlong | +0.0096% | 1h | 0.1914 | long leg | $575K | $904K | 10x | |
| Aster FARTCOINUSDT | +0.0100% | 4h | 0.1911 | −0.144% | $76K | $189K | 5x | as long as short |
| Pacifica FARTCOIN | +0.0100% | 1h | 0.1914 | +0.019% | $180K | $410K | 10x | as long as short |
| Bybit FARTCOINUSDT | +0.0100% | 4h | 0.1916 | +0.120% | $29.7M | $49.3M | 50x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1915 | +0.047% | $76K | $25K | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0100% | 4h | 0.1913 | −0.052% | $31.4M | $13.8M | 100x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0100% | 1h | 0.1912 | −0.120% | $84K | $248K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps FARTCOIN-USD | +0.0100% | 1h | 0.1916 | +0.099% | $104K | $825K | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1914 | +0.010% | $2K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1912 | −0.110% | $153K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1913 | −0.042% | $66K | $175K | 20x | as long as short |
| Aevo FARTCOIN-PERP | +0.0104% | 1h | 0.1913 | −0.032% | $31K | — | 3x | as long as short |
| Binance FARTCOINUSDT | +0.0109% | 4h | 0.1916 | +0.092% | $18.4M | $72.4M | 75x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0118% | 4h | 0.1915 | +0.047% | $249K | $4.5M | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0128% | 4h | 0.1914 | −0.005% | $10.1M | $15.9M | 50x | as long as short |
| Extended FARTCOIN-USD | +0.0136% | 1h | 0.1915 | +0.062% | $197K | $2.1M | 25x | as long as short |
| Bitget FARTCOINUSDT | +0.0140% | 4h | 0.1917 | +0.152% | $13.3M | $15.0M | 50x | as long as short |
| BingX FARTCOIN-USDT | +0.0140% | 4h | 0.1914 | −0.005% | — | $14.6M | — | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0148% | 4h | 0.1917 | +0.152% | $4.5M | $13.4M | 20x | as long as short |
| Gate FARTCOIN_USDT | +0.0220% | 4h | 0.1914 | +0.010% | $10.8M | $7.8M | 75x | as long as short |
| Variational Omni FARTCOIN | +0.0315% | 4h | 0.1916 | +0.118% | $828K | $2.5M | — | as long as short |
| BloFin FARTCOIN-USDT | +0.0348% | 4h | 0.1913 | −0.057% | $960K | $1.8M | 75x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0374% / S −0.0540% | 1h | 0.1910 | −0.219% | $43K | — | 100x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0408% | 1h | 0.1915 | +0.047% | $23K | $223K | 50x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1917 | +0.144% | $0 | — | 5x | as long as short |
| Phoenix FARTCOIN | +0.0419% | 1h | 0.1909 | −0.272% | $112K | $174K | 10x | as long as short |
| Arcus FARTCOIN-USD | +0.0480% | 1h | 0.1916 | +0.099% | $14K | $111K | 10x | as long as short |
| Nado FARTCOIN-PERP | +0.0501% | 1h | 0.1916 | +0.125% | $772K | $683K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0558% | 4h | 0.1912 | −0.110% | $24K | $3K | 20x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0792% | 1h | 0.1919 | +0.272% | $389 | $381 | 10x | as long as short |
| Hyperliquid FARTCOINshort | +0.0882% | 1h | 0.1915 | +0.047% | $42.3M | $26.5M | 10x | |
| Kraken Futures PF_FARTCOINUSD | +0.0905% | 1h | 0.1912 | −0.099% | $761K | $1.7M | 50x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.0944% | 1h | 0.1919 | +0.272% | $941K | $7.6M | 50x | as long as short |
Lighter FARTCOIN
Hyperliquid FARTCOIN
Deribit FARTCOIN_USDC-PERPETUAL
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Aster FARTCOINUSDT
Pacifica FARTCOIN
Bybit FARTCOINUSDT
Bulk FARTCOIN-USD
MEXC FARTCOIN_USDT
Backpack FARTCOIN_USDC_PERP
Polymarket Perps FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Binance FARTCOINUSDT
GRVT FARTCOIN_USDT_Perp
KuCoin FARTCOINUSDTM
Extended FARTCOIN-USD
Bitget FARTCOINUSDT
BingX FARTCOIN-USDT
OKX FARTCOIN-USDT-SWAP
Gate FARTCOIN_USDT
Variational Omni FARTCOIN
BloFin FARTCOIN-USDT
GMX FARTCOIN/USD [WBTC.b-USDC]
ApeX Omni FARTCOINUSDT
Phoenix FARTCOIN
01 Exchange FARTCOINUSD
Kraken Futures PF_FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX