FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0171%/8h= −18.7% APRnext payment −$0.21 per $10,000 · paid last 24h +0.114%

Price spread now: Hyperliquid against Phoenix−0.110%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$640.643% of the position

Long on Phoenix Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.337%−$34 on $10k

Price spread, last 4 days (all we have)−0.102%−$10 · spread now −0.110%, 7d avg −0.061%

Together, before fees−0.439%+ Points / potential airdropHyperliquid: Season 2 · farm board−$44 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hyperliquid is 0.048% cheaper against Phoenix than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.061%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix FARTCOIN	0.2004	0.0637	pay 0.0080% / 1h	52m 47s	$158K	$233K	10x
Short	Hyperliquid FARTCOIN	0.2002	0.0466	get 0.0058% / 1h	52m 47s	$48.0M	$39.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now −0.110%Rate

Funding earned: −$35.82
Price spread: −0.110% → −0.061%: −$4.84
Slippage, 4 orders: −$48.25
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$104.91
Costs to cover: 0.643%
Break-even: never at this rate

Slippage from Phoenix: live order book, 45 min ago; Hyperliquid: live order book, 11 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, 45 min ago	3.02 bp	20.3 bp −$20	66.3 bp −$663	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 11 min ago	1.98 bp	12.3 bp −$12	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	0.1997	−0.346%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−0.993%	$1K	$5	5.5x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0100%	4h	0.2001	−0.145%	$4.7M	$19.3M	20x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.2008	+0.205%	$79K	−$0	10x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0100%	1h	0.2000	−0.215%	$69K	$334K	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0100%	1h	0.2008	+0.205%	$28K	$192K	50x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.2002	−0.085%	$2K	$1.9M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.2001	−0.145%	$160K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.2004	−0.020%	$69K	$161K	20x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0103%	1h	0.2001	−0.155%	$109K	$973K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended FARTCOIN-USD	+0.0104%	1h	0.2001	−0.136%	$205K	$1.6M	25x	as long as short
Lighter FARTCOIN	+0.0120%	1h	0.2001	−0.135%	$596K	$1.8M	10x	as long as short
Aevo FARTCOIN-PERP	+0.0144%	1h	0.1999	−0.228%	$32K	—	3x	as long as short
MEXC FARTCOIN_USDT	+0.0154%	4h	0.2000	−0.215%	$24.7M	$15.8M	100x	as long as short
Bybit FARTCOINUSDT	+0.0154%	4h	0.2001	−0.120%	$31.2M	$61.8M	50x	as long as short
Pacifica FARTCOIN	+0.0170%	1h	0.2000	−0.186%	$187K	$503K	10x	as long as short
Aster FARTCOINUSDT	+0.0177%	4h	0.2001	−0.142%	$83K	$235K	5x	as long as short
Binance FARTCOINUSDT	+0.0236%	4h	0.2002	−0.100%	$19.4M	$94.0M	75x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0301%	1h	0.1999	−0.264%	$119K	$57K	25x	as long as short
BingX FARTCOIN-USDC	+0.0306%	4h	0.2000	−0.195%	—	$6.5M	—	as long as short
Bitget FARTCOINUSDT	+0.0308%	4h	0.2001	−0.145%	$14.0M	$19.0M	50x	as long as short
Variational Omni FARTCOIN	+0.0312%	4h	0.2004	+0.014%	$1.0M	$3.2M	—	as long as short
Gate FARTCOIN_USDT	+0.0336%	4h	0.2000	−0.205%	$11.2M	$10.0M	75x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0350%	4h	0.2010	+0.287%	$250K	$4.7M	10x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2000	−0.189%	$0	—	5x	as long as short
KuCoin FARTCOINUSDTM	+0.0436%	4h	0.2002	−0.095%	$11.0M	$15.8M	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0438% / S −0.0523%	1h	0.1997	−0.354%	$56K	—	100x	as long as short
Nado FARTCOIN-PERP	+0.0461%	1h	0.2002	−0.084%	$794K	$834K	10x	as long as short
Hyperliquid FARTCOINshort	+0.0466%	1h	0.2002	−0.110%	$48.0M	$39.3M	10x
BloFin FARTCOIN-USDT	+0.0476%	4h	0.2003	−0.045%	$993K	$2.3M	75x	as long as short
01 Exchange FARTCOINUSD	+0.0480%	1h	0.2002	−0.100%	$411	$477	10x	as long as short
Phoenix FARTCOINlong	+0.0637%	1h	0.2004	long leg	$158K	$233K	10x
Orderly PERP_FARTCOIN_USDC	+0.0685%	4h	0.2000	−0.195%	$25K	$4K	20x	as long as short
Arcus FARTCOIN-USD	+0.0826%	1h	0.2002	−0.095%	$14K	$87K	10x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0880%	1h	0.2001	−0.144%	$817K	$2.4M	50x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1056%	1h	0.2015	+0.559%	$1.2M	$9.8M	50x	as long as short