FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0215%/8h= +23.5% APRnext payment +$0.27 per $10,000 · paid last 24h +0.122%

Price spread now: Kraken Futures against Phoenix−0.107%7-day average −0.083% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$780.780% of the position

Long on Phoenix Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 3 days (all we have)+0.177%+$18 · spread now −0.107%, 7d avg −0.083%

Together, before fees+0.235%+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.024% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.083%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.058% in total) that is about 2.8 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.058% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix FARTCOIN	0.1976	0.0614	pay 0.0077% / 1h	35m 15s	$156K	$220K	10x
Short	Kraken Futures PF_FARTCOINUSD	0.1973	0.0829	get 0.0104% / 1h	35m 15s	$769K	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.107%Rate

Funding earned: $45.11
Price spread: −0.107% → −0.083%: −$2.35
Slippage, 4 orders: −$61.04
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$35.27
Costs to cover: 0.780%
Break-even: 12.5 days

Slippage from Phoenix: live order book, 32 min ago; Kraken Futures: live order book, 3 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	3.10 bp	20.3 bp −$20	66.3 bp −$663	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	5.07 bp	14.9 bp −$15	32.5 bp −$325	1466.9 bp −$146.7K	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
Deribit FARTCOIN_USDC-PERPETUAL	+0.0004%	1h	0.1973	−0.157%	$125K	$95K	25x	as long as short
gTrade (Gains Network) FARTCOIN/USD	L +0.0005% / S −0.0002%	1h	0.1973	−0.152%	$34K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+0.425%	$1K	$2K	5.5x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1976	+0.005%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1974	−0.081%	$158K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1974	−0.086%	$68K	$149K	20x	as long as short
Aevo FARTCOIN-PERP	+0.0152%	1h	0.1973	−0.111%	$31K	—	3x	as long as short
Aster FARTCOINUSDT	+0.0164%	4h	0.1978	+0.121%	$81K	$197K	5x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0170%	4h	0.1973	−0.132%	$4.6M	$14.1M	20x	as long as short
Bulk FARTCOIN-USD	+0.0181%	1h	0.1976	+0.040%	$78K	$3K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps FARTCOIN-USD	+0.0198%	1h	0.1974	−0.071%	$112K	$874K	10x	as long as short
Pacifica FARTCOIN	+0.0281%	1h	0.1977	+0.053%	$191K	$412K	10x	as long as short
Binance FARTCOINUSDT	+0.0283%	4h	0.1974	−0.081%	$18.9M	$74.9M	75x	as long as short
KuCoin FARTCOINUSDTM	+0.0286%	4h	0.1974	−0.081%	$10.5M	$15.6M	50x	as long as short
Bitget FARTCOINUSDT	+0.0292%	4h	0.1974	−0.081%	$14.1M	$16.7M	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0341% / S −0.0475%	1h	0.1971	−0.223%	$45K	—	100x	as long as short
Gate FARTCOIN_USDT	+0.0378%	4h	0.1973	−0.147%	$11.1M	$8.0M	75x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0396%	4h	0.1973	−0.115%	$254K	$4.2M	10x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1974	−0.071%	$0	—	5x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0474%	1h	0.1972	−0.202%	$83K	$264K	10x	as long as short
Variational Omni FARTCOIN	+0.0484%	4h	0.1976	+0.002%	$777K	$2.6M	—	as long as short
BloFin FARTCOIN-USDT	+0.0523%	4h	0.1976	+0.020%	$964K	$1.9M	75x	as long as short
Extended FARTCOIN-USD	+0.0528%	1h	0.1973	−0.127%	$217K	$2.2M	25x	as long as short
Nado FARTCOIN-PERP	+0.0614%	1h	0.1975	−0.005%	$809K	$719K	10x	as long as short
Phoenix FARTCOINlong	+0.0614%	1h	0.1976	long leg	$156K	$220K	10x
Orderly PERP_FARTCOIN_USDC	+0.0676%	4h	0.1975	−0.030%	$24K	$3K	20x	as long as short
BingX FARTCOIN-USDC	+0.0746%	4h	0.1978	+0.121%	—	$6.5M	—	as long as short
Arcus FARTCOIN-USD	+0.0763%	1h	0.1976	+0.020%	$14K	$110K	10x	as long as short
Bybit FARTCOINUSDT	+0.0828%	4h	0.1973	−0.132%	$30.7M	$51.0M	50x	as long as short
Kraken Futures PF_FARTCOINUSDshort	+0.0829%	1h	0.1973	−0.107%	$769K	$1.9M	50x
MEXC FARTCOIN_USDT	+0.0834%	4h	0.1974	−0.101%	$33.1M	$14.2M	100x	as long as short
ApeX Omni FARTCOINUSDT	+0.0842%	1h	0.1975	−0.030%	$27K	$214K	50x	as long as short
01 Exchange FARTCOINUSD	+0.0856%	1h	0.1978	+0.106%	$401	$381	10x	as long as short
Hyperliquid FARTCOIN	+0.0875%	1h	0.1974	−0.071%	$44.0M	$26.0M	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1048%	1h	0.1980	+0.223%	$979K	$7.6M	50x	as long as short
Lighter FARTCOIN	+0.1120%	1h	0.1976	+0.046%	$764K	$1.1M	10x	as long as short