FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0360%/8h= +39.4% APRnext payment +$0.45 per $10,000 · paid last 24h +0.040%

Price spread now: Phoenix against Lighter−0.421%7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$640.641% of the position

Long on Lighter Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.393%+$39 on $10k

Price spread, last 4 days (all we have)+0.606%+$61 · spread now −0.421%, 7d avg +0.054%

Together, before fees+0.998%+ Points / potential airdropLighter: Season 3 · farm board+$100 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.475% cheaper against Lighter than usual: you would sell low and buy high (spread −0.421% now, against its 7-day average of +0.054%). If the spread goes back, that is −$47 on $10k: about 4.4 days of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter FARTCOIN	0.1948	0.0344	pay 0.0043% / 1h	44m 38s	$628K	$1.3M	10x
Short	Phoenix FARTCOIN	0.1940	0.0704	get 0.0088% / 1h	44m 38s	$153K	$211K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.421%Rate

Funding earned: $75.6
Price spread: −0.421% → +0.054%: −$47.48
Slippage, 4 orders: −$57.08
Fee Lighter: 0 bp × 2 orders: $0
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$35.96
Costs to cover: 0.641%
Break-even: 10.3 days

Slippage from Lighter: live order book, 7 min ago; Phoenix: live order book, 7 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, 7 min ago	2.31 bp	7.7 bp −$8	32.5 bp −$325	doesn't fit	doesn't fit
Sell Phoenix live order book, 7 min ago	3.09 bp	20.3 bp −$20	58.7 bp −$587	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	0.1943	−0.289%	$569	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+1.827%	$1K	$5	5.5x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1947	−0.067%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1944	−0.226%	$156K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1942	−0.339%	$67K	$151K	20x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0125%	1h	0.1950	+0.056%	$110K	$865K	10x	as long as short
Bulk FARTCOIN-USD	+0.0183%	1h	0.1945	−0.193%	$77K	$2K	10x	as long as short
Aevo FARTCOIN-PERP	+0.0184%	1h	0.1940	−0.442%	$31K	—	3x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0249%	4h	0.1951	+0.133%	$4.7M	$15.2M	20x	as long as short
Gate FARTCOIN_USDT	+0.0264%	4h	0.1944	−0.221%	$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	+0.0270%	4h	0.1950	+0.082%	$13.7M	$17.2M	50x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0275%	1h	0.1942	−0.323%	$82K	$255K	10x	as long as short
Lighter FARTCOINlong	+0.0344%	1h	0.1948	long leg	$628K	$1.3M	10x
Pacifica FARTCOIN	+0.0348%	1h	0.1946	−0.133%	$182K	$412K	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0368%	4h	0.1944	−0.226%	$10.7M	$15.5M	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0388% / S −0.0564%	1h	0.1943	−0.284%	$44K	—	100x	as long as short
MEXC FARTCOIN_USDT	+0.0408%	4h	0.1944	−0.246%	$32.1M	$14.2M	100x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1951	+0.123%	$0	—	5x	as long as short
Binance FARTCOINUSDT	+0.0411%	4h	0.1950	+0.082%	$18.7M	$79.0M	75x	as long as short
Bybit FARTCOINUSDT	+0.0417%	4h	0.1950	+0.082%	$30.1M	$53.5M	50x	as long as short
BingX FARTCOIN-USDT	+0.0432%	4h	0.1941	−0.380%	—	$14.5M	—	as long as short
Aster FARTCOINUSDT	+0.0451%	4h	0.1944	−0.226%	$82K	$192K	5x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0494%	4h	0.1936	−0.617%	$253K	$4.4M	10x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0522%	1h	0.1944	−0.226%	$123K	$62K	25x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0600%	1h	0.1942	−0.307%	$758K	$1.9M	50x	as long as short
Extended FARTCOIN-USD	+0.0608%	1h	0.1948	−0.031%	$216K	$2.0M	25x	as long as short
Variational Omni FARTCOIN	+0.0628%	4h	0.1939	−0.478%	$807K	$2.7M	—	as long as short
BloFin FARTCOIN-USDT	+0.0650%	4h	0.1945	−0.175%	$969K	$2.0M	75x	as long as short
Phoenix FARTCOINshort	+0.0704%	1h	0.1940	−0.421%	$153K	$211K	10x
ApeX Omni FARTCOINUSDT	+0.0775%	1h	0.1936	−0.636%	$26K	$211K	50x	as long as short
Nado FARTCOIN-PERP	+0.0785%	1h	0.1951	+0.108%	$790K	$732K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0904%	4h	0.1945	−0.175%	$24K	$4K	20x	as long as short
Arcus FARTCOIN-USD	+0.0973%	1h	0.1949	+0.031%	$14K	$112K	10x	as long as short
01 Exchange FARTCOINUSD	+0.1048%	1h	0.1954	+0.267%	$401	$386	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1152%	1h	0.1940	−0.447%	$1.1M	$7.3M	50x	as long as short
Hyperliquid FARTCOIN	+0.1173%	1h	0.1943	−0.257%	$43.4M	$29.6M	10x	as long as short