Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0336%/8h= −36.8% APRpaid last 24h −0.026%

Price spread now: Bybit against Phoenix−0.433%55s7-day average −0.104% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as 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−$680.675% of the position

Long on Phoenix Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.526%−$53 on $10k

Price spread, last 3 days (all we have)+0.137%+$14 · spread now −0.433%, 7d avg −0.104%

Together, before fees−0.390%−$39 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bybit is 0.328% cheaper against Phoenix than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of −0.104%). Swap the legs. The two prices were read 55 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	0.1965	0.0577	pay 0.0072% / 1h	52m 36s	$155K	$211K	10x
Short	Bybit FARTCOINUSDT	0.1956	0.0241	get 0.0120% / 4h	52m 36s	$30.2M	$50.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.433%Rate

Funding earned: −$70.65
Price spread: −0.433% → −0.104%: −$32.82
Slippage, 4 orders: −$49.54
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$171.01
Costs to cover: 0.675%
Break-even: never at this rate

Slippage from Phoenix: live order book, 19 min ago; Bybit: live order book, 1 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, 19 min ago	3.11 bp	20.3 bp −$20	66.3 bp −$663	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.51 bp	12.6 bp −$13	42.0 bp −$420	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 −0.0002%	1h	0.1956	−0.471%	$34K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+0.972%	$1K	$4K	5.5x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.1938	−1.369%	$76K	$14K	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1961	−0.204%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1958	−0.351%	$157K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1960	−0.229%	$68K	$171K	20x	as long as short
Aster FARTCOINUSDT	+0.0105%	4h	0.1954	−0.536%	$79K	$195K	5x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0124%	4h	0.1955	−0.504%	$4.6M	$13.9M	20x	as long as short
Aevo FARTCOIN-PERP	+0.0128%	1h	0.1958	−0.328%	$31K	—	3x	as long as short
Bitget FARTCOINUSDT	+0.0158%	4h	0.1956	−0.453%	$13.5M	$15.6M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance FARTCOINUSDT	+0.0193%	4h	0.1957	−0.426%	$18.6M	$73.6M	75x	as long as short
BingX FARTCOIN-USDC	+0.0224%	4h	0.1956	−0.453%	—	$6.5M	—	as long as short
Bybit FARTCOINUSDTshort	+0.0241%	4h	0.1956	−0.433%	$30.2M	$50.0M	50x
KuCoin FARTCOINUSDTM	+0.0250%	4h	0.1956	−0.453%	$10.4M	$15.8M	50x	as long as short
MEXC FARTCOIN_USDT	+0.0252%	4h	0.1955	−0.483%	$32.2M	$13.8M	100x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0254%	4h	0.1967	+0.119%	$256K	$4.3M	10x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0275%	1h	0.1956	−0.458%	$107K	$868K	10x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0310% / S −0.0474%	1h	0.1955	−0.494%	$52K	—	100x	as long as short
Variational Omni FARTCOIN	+0.0373%	4h	0.1962	−0.159%	$848K	$2.5M	—	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1955	−0.498%	$0	—	5x	as long as short
Gate FARTCOIN_USDT	+0.0412%	4h	0.1955	−0.499%	$11.0M	$7.9M	75x	as long as short
Pacifica FARTCOIN	+0.0429%	1h	0.1956	−0.460%	$185K	$406K	10x	as long as short
BloFin FARTCOIN-USDT	+0.0432%	4h	0.1959	−0.300%	$948K	$1.8M	75x	as long as short
Extended FARTCOIN-USD	+0.0448%	1h	0.1956	−0.466%	$209K	$2.1M	25x	as long as short
Nado FARTCOIN-PERP	+0.0558%	1h	0.1956	−0.444%	$806K	$712K	10x	as long as short
Phoenix FARTCOINlong	+0.0577%	1h	0.1965	long leg	$155K	$211K	10x
Orderly PERP_FARTCOIN_USDC	+0.0606%	4h	0.1959	−0.300%	$24K	$3K	20x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0619%	1h	0.1958	−0.361%	$124K	$95K	25x	as long as short
Lighter FARTCOIN	+0.0632%	1h	0.1956	−0.428%	$606K	$888K	10x	as long as short
Arcus FARTCOIN-USD	+0.0665%	1h	0.1957	−0.402%	$14K	$110K	10x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0670%	1h	0.1957	−0.407%	$82K	$266K	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0780%	1h	0.1954	−0.555%	$26K	$216K	50x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.1043%	1h	0.1959	−0.313%	$751K	$1.7M	50x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1072%	1h	0.1958	−0.356%	$969K	$7.8M	50x	as long as short
01 Exchange FARTCOINUSD	+0.1168%	1h	0.1959	−0.321%	$397	$381	10x	as long as short
Hyperliquid FARTCOIN	+0.1324%	1h	0.1959	−0.321%	$43.5M	$26.8M	10x	as long as short