Funding arb · Price arb /

FARTCOIN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0199%/8h= −21.7% APRpaid last 24h −0.086%

Price spread now: Aster against Phoenix−0.183%95s7-day average −0.145% · you buy dearer than you sell

Net, funding: paid 7d − costs−$172as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1081.081% of the position

Long on Phoenix Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.639%−$64 on $10k

Price spread, last 4 days (all we have)−0.367%−$37 · spread now −0.183%, 7d avg −0.145%

Together, before fees−1.007%+ Points / potential airdropAster: Stage 5 · farm board−$101 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.038% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.145%). Swap the legs. The two prices were read 95 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	Phoenix FARTCOIN	0.1952	0.0568	pay 0.0071% / 1h	29m 49s	$154K	$219K	10x
Short	Aster FARTCOINUSDT	0.1949	0.0370	get 0.0185% / 4h	2h 29m	$82K	$196K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Phoenix. 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 PhoenixbpFee AsterbpOrdersPrice spread, now −0.183%Rate

Funding earned: −$41.71
Price spread: −0.183% → −0.145%: −$3.78
Slippage, 4 orders: −$93.06
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$153.54
Costs to cover: 1.081%
Break-even: never at this rate

Slippage from Phoenix: live order book, 32 min ago; Aster: live order book, 37 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 Phoenix live order book, 32 min ago	3.05 bp	20.2 bp −$20	66.2 bp −$662	doesn't fit	doesn't fit
Sell Aster live order book, 37 min ago	12.55 bp	23.2 bp −$23	256.7 bp −$2,567	doesn't fit	doesn't fit

FARTCOIN on 35 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 0.0000%	1h	0.1947	−0.277%	$14K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+1.619%	$1K	$2K	5.5x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1953	+0.036%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1953	+0.031%	$156K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1950	−0.102%	$68K	$151K	20x	as long as short
Bulk FARTCOIN-USD	+0.0127%	1h	0.1940	−0.617%	$77K	$2K	10x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0158%	4h	0.1954	+0.082%	$4.8M	$15.1M	20x	as long as short
Aevo FARTCOIN-PERP	+0.0176%	1h	0.1949	−0.170%	$31K	—	3x	as long as short
Gate FARTCOIN_USDT	+0.0196%	4h	0.1952	−0.005%	$11.0M	$8.3M	75x	as long as short
Pacifica FARTCOIN	+0.0238%	1h	0.1949	−0.173%	$184K	$426K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin FARTCOINUSDTM	+0.0304%	4h	0.1953	+0.031%	$10.2M	$15.7M	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0335% / S −0.0108%	1h	0.1948	−0.249%	$67K	—	100x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0361%	1h	0.1952	−0.041%	$82K	$260K	10x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0364%	1h	0.1950	−0.113%	$110K	$904K	10x	as long as short
Aster FARTCOINUSDTshort	+0.0370%	4h	0.1949	−0.183%	$82K	$196K	5x
Binance FARTCOINUSDT	+0.0374%	4h	0.1954	+0.082%	$18.6M	$77.9M	75x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1951	−0.082%	$0	—	5x	as long as short
Bitget FARTCOINUSDT	+0.0464%	4h	0.1953	+0.031%	$13.8M	$17.4M	50x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0508%	4h	0.1946	−0.328%	$246K	$4.4M	10x	as long as short
Phoenix FARTCOINlong	+0.0568%	1h	0.1952	long leg	$154K	$219K	10x
ApeX Omni FARTCOINUSDT	+0.0572%	1h	0.1945	−0.379%	$25K	$217K	50x	as long as short
Nado FARTCOIN-PERP	+0.0623%	1h	0.1951	−0.088%	$789K	$708K	10x	as long as short
BingX FARTCOIN-USDC	+0.0664%	4h	0.1952	−0.020%	—	$6.5M	—	as long as short
Lighter FARTCOIN	+0.0680%	1h	0.1952	−0.020%	$628K	$1.3M	10x	as long as short
Extended FARTCOIN-USD	+0.0680%	1h	0.1953	+0.029%	$210K	$2.0M	25x	as long as short
Bybit FARTCOINUSDT	+0.0700%	4h	0.1953	+0.036%	$30.3M	$52.4M	50x	as long as short
MEXC FARTCOIN_USDT	+0.0704%	4h	0.1953	+0.015%	$32.5M	$14.4M	100x	as long as short
Variational Omni FARTCOIN	+0.0720%	4h	0.1948	−0.246%	$799K	$2.7M	—	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0769%	1h	0.1952	−0.039%	$760K	$1.9M	50x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0771%	4h	0.1952	−0.020%	$24K	$3K	20x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0828%	1h	0.1950	−0.108%	$124K	$95K	25x	as long as short
Arcus FARTCOIN-USD	+0.0839%	1h	0.1952	−0.020%	$14K	$112K	10x	as long as short
Hyperliquid FARTCOIN	+0.0909%	1h	0.1954	+0.072%	$43.1M	$28.1M	10x	as long as short
01 Exchange FARTCOINUSD	+0.0912%	1h	0.1956	+0.184%	$396	$381	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.0976%	1h	0.1952	−0.010%	$1.0M	$7.5M	50x	as long as short