Funding arb · Price arb /

FARTCOIN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h −0.024%

Price spread now: Phoenix against Orderly−0.281%66s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Phoenix is 0.281% cheaper against Orderly than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_FARTCOIN_USDC	0.1955	0.0652	pay 0.0326% / 4h	3h 58m	$24K	$3K	20x
Short	Phoenix FARTCOIN	0.1950	0.0577	get 0.0072% / 1h	58m 09s	$154K	$211K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Orderly. 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 OrderlybpFee PhoenixbpOrdersPrice spread, now −0.281%Rate

Funding earned: −$15.71
Price spread: −0.281% → 0.000%: −$28.13
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$56.84
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Phoenix: live order book, 9 min ago. Net counts fees only.

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 Orderly no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 9 min ago	3.10 bp	20.3 bp −$20	58.5 bp −$585	doesn't fit	doesn't fit

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0002%	1h	0.1953	−0.102%	$34K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+1.483%	$1K	$2K	5.5x	as long as short
Bybit FARTCOINUSDT	+0.0100%	4h	0.1958	+0.128%	$30.2M	$50.6M	50x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0100%	4h	0.1959	+0.205%	$4.6M	$13.8M	20x	as long as short
MEXC FARTCOIN_USDT	+0.0100%	4h	0.1955	+0.005%	$32.4M	$14.0M	100x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1957	+0.092%	$1K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1957	+0.102%	$157K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1956	+0.061%	$68K	$169K	20x	as long as short
Aster FARTCOINUSDT	+0.0124%	4h	0.1952	−0.143%	$79K	$198K	5x	as long as short
Bulk FARTCOIN-USD	+0.0134%	1h	0.1951	−0.205%	$77K	$9K	10x	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	+0.0144%	1h	0.1953	−0.128%	$31K	—	3x	as long as short
Bitget FARTCOINUSDT	+0.0240%	4h	0.1958	+0.153%	$13.6M	$15.9M	50x	as long as short
Binance FARTCOINUSDT	+0.0247%	4h	0.1957	+0.121%	$18.7M	$74.3M	75x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0264%	4h	0.1950	−0.253%	$255K	$4.2M	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0276%	4h	0.1957	+0.102%	$10.4M	$15.6M	50x	as long as short
Pacifica FARTCOIN	+0.0281%	1h	0.1952	−0.168%	$186K	$404K	10x	as long as short
BingX FARTCOIN-USDC	+0.0312%	4h	0.1957	+0.102%	—	$6.5M	—	as long as short
Polymarket Perps FARTCOIN-USD	+0.0333%	1h	0.1953	−0.118%	$112K	$859K	10x	as long as short
Gate FARTCOIN_USDT	+0.0340%	4h	0.1956	+0.031%	$11.0M	$7.9M	75x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0353% / S −0.0340%	1h	0.1953	−0.125%	$63K	—	100x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0405%	1h	0.1957	+0.087%	$82K	$267K	10x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1954	−0.040%	$0	—	5x	as long as short
Variational Omni FARTCOIN	+0.0447%	4h	0.1948	−0.379%	$777K	$2.6M	—	as long as short
BloFin FARTCOIN-USDT	+0.0486%	4h	0.1956	+0.051%	$957K	$1.9M	75x	as long as short
ApeX Omni FARTCOINUSDT	+0.0564%	1h	0.1952	−0.153%	$29K	$219K	50x	as long as short
Extended FARTCOIN-USD	+0.0576%	1h	0.1956	+0.058%	$215K	$2.1M	25x	as long as short
Phoenix FARTCOINshort	+0.0577%	1h	0.1950	−0.281%	$154K	$211K	10x
Orderly PERP_FARTCOIN_USDClong	+0.0652%	4h	0.1955	long leg	$24K	$3K	20x
Arcus FARTCOIN-USD	+0.0763%	1h	0.1954	−0.051%	$14K	$110K	10x	as long as short
Nado FARTCOIN-PERP	+0.0801%	1h	0.1955	−0.026%	$799K	$717K	10x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0836%	1h	0.1957	+0.095%	$766K	$1.8M	50x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0876%	1h	0.1956	+0.031%	$124K	$95K	25x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1048%	1h	0.1957	+0.107%	$965K	$7.5M	50x	as long as short
Hyperliquid FARTCOIN	+0.1158%	1h	0.1958	+0.174%	$43.5M	$26.9M	10x	as long as short
Lighter FARTCOIN	+0.1160%	1h	0.1959	+0.189%	$648K	$926K	10x	as long as short
01 Exchange FARTCOINUSD	+0.1232%	1h	0.1958	+0.174%	$397	$381	10x	as long as short