Funding you earn now, next payment 06:00 UTC−0.0249%/8h= −27.2% APRnext payment −$0.31 per $10,000 · paid last 24h −0.088%
Price spread now: Backpack against Nado+0.116%7-day average −0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$460.457% of the position
Funding, last 3 days (all we have)−0.112%−$11 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.116%, 7d avg −0.092%
=Together, before fees−0.211%+ Points / potential airdropNado: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Backpack is 0.208% dearer against Nado than usual: you sell high and buy low (spread +0.116% now, against its 7-day average of −0.092%): +$21 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 3 days (−0.112% in total) that is about 6.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado FARTCOIN-PERP | 0.1987 | 0.0391 | pay 0.0049% / 1h | 19m 43s | $786K | $823K | 10x |
| Short | Backpack FARTCOIN_USDC_PERP | 0.1990 | 0.0142 | get 0.0018% / 1h | 19m 43s | $84K | $318K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Nado. 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
- −$52.21
- Price spread: +0.116% → −0.092%
- $20.82
- Slippage, 4 orders
- −$28.74
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$77.13
- Costs to cover
- 0.457%
- Break-even
- never at this rate
Slippage from Nado: live order book, 28 min ago; Backpack: live order book, 29 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 Nado live order book, 28 min ago | 6.94 bp | 14.3 bp −$14 | 37.5 bp −$375 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 29 min ago | 0.25 bp | 6.5 bp −$7 | 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 | 0.1986 | −0.041% | $1K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −0.166% | $1K | $5 | 5.5x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1963 | −1.200% | $77K | −$0 | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1992 | +0.252% | $2K | $1.8M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1990 | +0.136% | $159K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1988 | +0.045% | $69K | $153K | 20x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0126% | 1h | 0.1985 | −0.131% | $108K | $972K | 10x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0134% | 4h | 0.1992 | +0.237% | $4.8M | $18.5M | 20x | as long as short |
| Backpack FARTCOIN_USDC_PERPshort | +0.0142% | 1h | 0.1990 | +0.116% | $84K | $318K | 10x | |
| Aevo FARTCOIN-PERP | +0.0152% | 1h | 0.1990 | +0.137% | $32K | — | 3x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni FARTCOINUSDT | +0.0195% | 1h | 0.1958 | −1.474% | $27K | $201K | 50x | as long as short |
| Lighter FARTCOIN | +0.0200% | 1h | 0.1992 | +0.257% | $595K | $1.8M | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0202% | 4h | 0.1993 | +0.277% | $24.6M | $15.7M | 100x | as long as short |
| Bybit FARTCOINUSDT | +0.0214% | 4h | 0.1992 | +0.226% | $31.1M | $59.7M | 50x | as long as short |
| Phoenix FARTCOIN | +0.0238% | 1h | 0.1974 | −0.659% | $155K | $219K | 10x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0260% | 4h | 0.1959 | −1.441% | $250K | $4.6M | 10x | as long as short |
| Bitget FARTCOINUSDT | +0.0266% | 4h | 0.1992 | +0.237% | $14.0M | $19.0M | 50x | as long as short |
| Aster FARTCOINUSDT | +0.0270% | 4h | 0.1988 | +0.042% | $83K | $234K | 5x | as long as short |
| BingX FARTCOIN-USDT | +0.0274% | 4h | 0.1991 | +0.186% | — | $14.8M | — | as long as short |
| Binance FARTCOINUSDT | +0.0283% | 4h | 0.1992 | +0.237% | $19.5M | $91.4M | 75x | as long as short |
| Gate FARTCOIN_USDT | +0.0336% | 4h | 0.1991 | +0.181% | $11.2M | $9.8M | 75x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0338% | 4h | 0.1993 | +0.287% | $10.8M | $15.8M | 50x | as long as short |
| Pacifica FARTCOIN | +0.0362% | 1h | 0.1992 | +0.245% | $189K | $499K | 10x | as long as short |
| Nado FARTCOIN-PERPlong | +0.0391% | 1h | 0.1987 | long leg | $786K | $823K | 10x | |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1989 | +0.077% | $0 | — | 5x | as long as short |
| Variational Omni FARTCOIN | +0.0421% | 4h | 0.1976 | −0.558% | $1.0M | $3.2M | — | as long as short |
| Extended FARTCOIN-USD | +0.0456% | 1h | 0.1991 | +0.183% | $215K | $1.6M | 25x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0488% | 1h | 0.1987 | −0.020% | $408 | $477 | 10x | as long as short |
| BloFin FARTCOIN-USDT | +0.0513% | 4h | 0.1973 | −0.720% | $996K | $2.2M | 75x | as long as short |
| Arcus FARTCOIN-USD | +0.0518% | 1h | 0.1992 | +0.237% | $14K | $87K | 10x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0527% / S −0.0667% | 1h | 0.1986 | −0.069% | $55K | — | 100x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0538% | 1h | 0.1989 | +0.106% | $779K | $2.3M | 50x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0555% | 1h | 0.1989 | +0.106% | $118K | $57K | 25x | as long as short |
| Hyperliquid FARTCOIN | +0.0760% | 1h | 0.1993 | +0.262% | $48.2M | $37.4M | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0786% | 4h | 0.1991 | +0.186% | $25K | $4K | 20x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1008% | 1h | 0.1992 | +0.216% | $1.1M | $9.6M | 50x | as long as short |
Backpack FARTCOIN_USDC_PERP
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Bulk FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Polymarket Perps FARTCOIN-USD
OKX FARTCOIN-USDT-SWAP
ApeX Omni FARTCOINUSDT
Lighter FARTCOIN
MEXC FARTCOIN_USDT
Bybit FARTCOINUSDT
Phoenix FARTCOIN
GRVT FARTCOIN_USDT_Perp
Bitget FARTCOINUSDT
Aster FARTCOINUSDT
BingX FARTCOIN-USDT
Binance FARTCOINUSDT
Gate FARTCOIN_USDT
KuCoin FARTCOINUSDTM
Pacifica FARTCOIN
Variational Omni FARTCOIN
Extended FARTCOIN-USD
01 Exchange FARTCOINUSD
BloFin FARTCOIN-USDT
GMX FARTCOIN/USD [WBTC.b-USDC]
Kraken Futures PF_FARTCOINUSD
Deribit FARTCOIN_USDC-PERPETUAL
Hyperliquid FARTCOIN
Coinbase International FARTCOIN-PERP-INTX