Funding you earn now, next payment 21:00 UTC−0.0150%/8h= −16.4% APRnext payment −$0.19 per $10,000 · paid last 24h −0.012%
Price spread now: Deribit against Phoenix−0.026%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$600.602% of the position
Funding, last 7 days−0.407%−$41 on $10k
+Price spread, last 3 days (all we have)+0.263%+$26 · spread now −0.026%, 7d avg −0.133%
=The price spread pays, funding is against you. Deribit is 0.107% dearer against Phoenix than usual: you sell high and buy low (spread −0.026% now, against its 7-day average of −0.133%): +$11 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix FARTCOIN | 0.1927 | 0.0419 | pay 0.0052% / 1h | 22m 58s | $113K | $174K | 10x |
| Short | Deribit FARTCOIN_USDC-PERPETUAL | 0.1926 | 0.0269 | get 0.0034% / 1h | 22m 58s | $122K | $95K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Phoenix. 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
- −$31.51
- Price spread: −0.026% → −0.133%
- $10.67
- Slippage, 4 orders
- −$46.24
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$81.08
- Costs to cover
- 0.602%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 59 min ago; Deribit: live order book, just now.
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, 59 min ago | 3.17 bp | 20.3 bp −$20 | 67.0 bp −$670 | doesn't fit | doesn't fit |
| Sell Deribit live order book, just now | 4.93 bp | 11.2 bp −$11 | 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 −0.0002% | 1h | 0.1924 | −0.168% | $34K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +2.958% | $1K | $4K | 5.5x | as long as short |
| Aster FARTCOINUSDT | +0.0100% | 4h | 0.1924 | −0.137% | $77K | $187K | 5x | as long as short |
| Pacifica FARTCOIN | +0.0100% | 1h | 0.1927 | +0.012% | $181K | $404K | 10x | as long as short |
| Bybit FARTCOINUSDT | +0.0100% | 4h | 0.1930 | +0.161% | $29.8M | $49.4M | 50x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1915 | −0.647% | $76K | $25K | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0100% | 4h | 0.1927 | +0.010% | $32.0M | $13.9M | 100x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0100% | 1h | 0.1926 | −0.057% | $105K | $829K | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1929 | +0.088% | $2K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1927 | 0.000% | $154K | $7K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1926 | −0.026% | $67K | $174K | 20x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0104% | 1h | 0.1926 | −0.052% | $85K | $248K | 10x | as long as short |
| Aevo FARTCOIN-PERP | +0.0112% | 1h | 0.1928 | +0.066% | $31K | — | 3x | as long as short |
| Binance FARTCOINUSDT | +0.0125% | 4h | 0.1928 | +0.052% | $18.5M | $72.3M | 75x | as long as short |
| Bitget FARTCOINUSDT | +0.0126% | 4h | 0.1928 | +0.052% | $13.4M | $15.0M | 50x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0128% | 4h | 0.1923 | −0.208% | $241K | $4.4M | 10x | as long as short |
| BingX FARTCOIN-USDT | +0.0130% | 4h | 0.1928 | +0.052% | — | $14.6M | — | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0135% | 4h | 0.1930 | +0.156% | $4.5M | $13.5M | 20x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0162% | 4h | 0.1928 | +0.052% | $10.2M | $15.9M | 50x | as long as short |
| Lighter FARTCOIN | +0.0200% | 1h | 0.1928 | +0.047% | $579K | $904K | 10x | as long as short |
| Gate FARTCOIN_USDT | +0.0254% | 4h | 0.1928 | +0.062% | $10.8M | $7.8M | 75x | as long as short |
| Extended FARTCOIN-USD | +0.0264% | 1h | 0.1928 | +0.065% | $199K | $2.1M | 25x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUALshort | +0.0269% | 1h | 0.1926 | −0.026% | $122K | $95K | 25x | |
| Variational Omni FARTCOIN | +0.0279% | 4h | 0.1926 | −0.037% | $814K | $2.5M | — | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0329% / S −0.0456% | 1h | 0.1925 | −0.121% | $43K | — | 100x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0345% | 1h | 0.1924 | −0.156% | $23K | $223K | 50x | as long as short |
| BloFin FARTCOIN-USDT | +0.0365% | 4h | 0.1929 | +0.104% | $962K | $1.8M | 75x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1926 | −0.030% | $0 | — | 5x | as long as short |
| Phoenix FARTCOINlong | +0.0419% | 1h | 0.1927 | long leg | $113K | $174K | 10x | |
| Arcus FARTCOIN-USD | +0.0480% | 1h | 0.1927 | 0.000% | $14K | $111K | 10x | as long as short |
| Nado FARTCOIN-PERP | +0.0494% | 1h | 0.1926 | −0.026% | $775K | $682K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0571% | 4h | 0.1927 | 0.000% | $24K | $3K | 20x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0832% | 1h | 0.1931 | +0.197% | $391 | $381 | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0897% | 1h | 0.1927 | +0.023% | $750K | $1.7M | 50x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.0944% | 1h | 0.1931 | +0.234% | $947K | $7.7M | 50x | as long as short |
| Hyperliquid FARTCOIN | +0.0994% | 1h | 0.1929 | +0.088% | $42.6M | $26.5M | 10x | as long as short |
Phoenix FARTCOIN
Deribit FARTCOIN_USDC-PERPETUAL
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Aster FARTCOINUSDT
Pacifica FARTCOIN
Bybit FARTCOINUSDT
Bulk FARTCOIN-USD
MEXC FARTCOIN_USDT
Polymarket Perps FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Backpack FARTCOIN_USDC_PERP
Binance FARTCOINUSDT
Bitget FARTCOINUSDT
GRVT FARTCOIN_USDT_Perp
BingX FARTCOIN-USDT
OKX FARTCOIN-USDT-SWAP
KuCoin FARTCOINUSDTM
Lighter FARTCOIN
Gate FARTCOIN_USDT
Extended FARTCOIN-USD
Variational Omni FARTCOIN
GMX FARTCOIN/USD [WBTC.b-USDC]
ApeX Omni FARTCOINUSDT
BloFin FARTCOIN-USDT
01 Exchange FARTCOINUSD
Kraken Futures PF_FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX
Hyperliquid FARTCOIN