FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0400%/8h= −43.8% APRnext payment −$0.50 per $10,000 · paid last 24h −0.040%

Price spread now: Lighter against Phoenix+0.180%7-day average −0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$640.641% of the position

Long on Phoenix Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.393%−$39 on $10k

Price spread, last 4 days (all we have)−0.364%−$36 · spread now +0.180%, 7d avg −0.054%

Together, before fees−0.757%+ Points / potential airdropLighter: Season 3 · farm board−$76 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter is 0.234% dearer against Phoenix than usual: you sell high and buy low (spread +0.180% now, against its 7-day average of −0.054%): +$23 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 47 hours. At the pace of the last 7 days (−0.393% in total) that is about 4.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix FARTCOIN	0.1948	0.0704	pay 0.0088% / 1h	43m 26s	$154K	$211K	10x
Short	Lighter FARTCOIN	0.1951	0.0304	get 0.0038% / 1h	43m 26s	$629K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.180%Rate

Funding earned: −$84
Price spread: +0.180% → −0.054%: $23.37
Slippage, 4 orders: −$57.08
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$124.72
Costs to cover: 0.641%
Break-even: never at this rate

Slippage from Phoenix: live order book, 8 min ago; Lighter: live order book, 8 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, 8 min ago	3.09 bp	20.3 bp −$20	66.5 bp −$665	doesn't fit	doesn't fit
Sell Lighter live order book, 8 min ago	2.31 bp	15.9 bp −$16	39.0 bp −$390	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	0.1945	−0.149%	$570	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+1.859%	$1K	$5	5.5x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1950	+0.113%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1949	+0.062%	$156K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1950	+0.113%	$68K	$151K	20x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0105%	1h	0.1948	+0.031%	$110K	$864K	10x	as long as short
Bulk FARTCOIN-USD	+0.0183%	1h	0.1945	−0.162%	$77K	$2K	10x	as long as short
Aevo FARTCOIN-PERP	+0.0184%	1h	0.1946	−0.098%	$31K	—	3x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0252%	4h	0.1949	+0.062%	$4.8M	$15.2M	20x	as long as short
Gate FARTCOIN_USDT	+0.0266%	4h	0.1949	+0.077%	$11.1M	$8.7M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget FARTCOINUSDT	+0.0266%	4h	0.1947	−0.041%	$13.7M	$17.2M	50x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0278%	1h	0.1948	+0.021%	$82K	$255K	10x	as long as short
Lighter FARTCOINshort	+0.0304%	1h	0.1951	+0.180%	$629K	$1.3M	10x
Pacifica FARTCOIN	+0.0348%	1h	0.1949	+0.062%	$182K	$412K	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0372%	4h	0.1949	+0.062%	$10.7M	$15.5M	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0389% / S −0.0566%	1h	0.1948	+0.009%	$44K	—	100x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1947	−0.033%	$0	—	5x	as long as short
Binance FARTCOINUSDT	+0.0411%	4h	0.1948	+0.013%	$18.7M	$79.0M	75x	as long as short
Bybit FARTCOINUSDT	+0.0414%	4h	0.1948	−0.015%	$30.1M	$53.5M	50x	as long as short
MEXC FARTCOIN_USDT	+0.0416%	4h	0.1948	−0.015%	$32.2M	$14.2M	100x	as long as short
BingX FARTCOIN-USDT	+0.0432%	4h	0.1949	+0.062%	—	$14.4M	—	as long as short
Aster FARTCOINUSDT	+0.0451%	4h	0.1947	−0.023%	$82K	$192K	5x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0492%	4h	0.1944	−0.194%	$245K	$4.4M	10x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0598%	1h	0.1948	−0.004%	$760K	$1.9M	50x	as long as short
Extended FARTCOIN-USD	+0.0616%	1h	0.1950	+0.112%	$217K	$2.0M	25x	as long as short
Variational Omni FARTCOIN	+0.0628%	4h	0.1939	−0.447%	$807K	$2.7M	—	as long as short
BloFin FARTCOIN-USDT	+0.0650%	4h	0.1945	−0.144%	$969K	$2.0M	75x	as long as short
ApeX Omni FARTCOINUSDT	+0.0666%	1h	0.1944	−0.195%	$27K	$211K	50x	as long as short
Phoenix FARTCOINlong	+0.0704%	1h	0.1948	long leg	$154K	$211K	10x
Deribit FARTCOIN_USDC-PERPETUAL	+0.0726%	1h	0.1949	+0.062%	$124K	$62K	25x	as long as short
Nado FARTCOIN-PERP	+0.0773%	1h	0.1948	+0.036%	$789K	$732K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0908%	4h	0.1950	+0.113%	$24K	$4K	20x	as long as short
Arcus FARTCOIN-USD	+0.0973%	1h	0.1951	+0.164%	$14K	$112K	10x	as long as short
01 Exchange FARTCOINUSD	+0.1064%	1h	0.1955	+0.344%	$401	$386	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1152%	1h	0.1948	0.000%	$1.1M	$7.3M	50x	as long as short
Hyperliquid FARTCOIN	+0.1161%	1h	0.1948	+0.021%	$43.6M	$29.6M	10x	as long as short