Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0138%/8h= −15.1% APRpaid last 24h −0.128%

Price spread now: SunX against Phoenix+1.115%69s7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$241as 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−$1711.708% of the position

Long on Phoenix Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.704%−$70 on $10k

Price spread, last 4 days (all we have)−0.861%−$86 · spread now +1.115%, 7d avg +0.054%

Together, before fees−1.565%−$157 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 1.060% dearer against Phoenix than usual: you sell high and buy low (spread +1.115% now, against its 7-day average of +0.054%): +$106 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 26 days. At the pace of the last 7 days (−0.704% in total) that is about 11 days. The two prices were read 69 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	0.1992	0.0238	pay 0.0030% / 1h	14m 08s	$157K	$219K	10x
Short	SunX FARTCOIN-USDT	0.2014	0.0100	get 0.0050% / 4h	2h 14m	$2K	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +1.115%Rate

Funding earned: −$28.94
Price spread: +1.115% → +0.054%: $106.04
Slippage, 4 orders: −$155.77
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: −$93.67
Costs to cover: 1.708%
Break-even: never at this rate

Slippage from Phoenix: live order book, 28 min ago; SunX: live order book, 12 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, 28 min ago	3.00 bp	20.2 bp −$20	66.2 bp −$662	doesn't fit	doesn't fit
Sell SunX live order book, 12 min ago	31.73 bp	80.6 bp −$81	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	0.2010	+0.889%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−0.397%	$1K	$5	5.5x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.1963	−1.428%	$77K	−$0	10x	as long as short
SunX FARTCOIN-USDTshort	+0.0100%	4h	0.2014	+1.115%	$2K	$1.8M	20x
SoDEX FARTCOIN-USD	+0.0100%	1h	0.2013	+1.059%	$161K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.2012	+1.009%	$70K	$152K	20x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0134%	1h	0.2010	+0.894%	$109K	$973K	10x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0139%	4h	0.2012	+1.009%	$4.8M	$18.8M	20x	as long as short
Aevo FARTCOIN-PERP	+0.0152%	1h	0.2007	+0.765%	$32K	—	3x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0194%	1h	0.2012	+1.004%	$84K	$318K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter FARTCOIN	+0.0216%	1h	0.2014	+1.109%	$602K	$1.8M	10x	as long as short
MEXC FARTCOIN_USDT	+0.0234%	4h	0.2011	+0.974%	$25.0M	$15.8M	100x	as long as short
Phoenix FARTCOINlong	+0.0238%	1h	0.1992	long leg	$157K	$219K	10x
Bybit FARTCOINUSDT	+0.0242%	4h	0.2012	+1.004%	$31.2M	$59.9M	50x	as long as short
Aster FARTCOINUSDT	+0.0268%	4h	0.2009	+0.863%	$84K	$234K	5x	as long as short
Bitget FARTCOINUSDT	+0.0272%	4h	0.2014	+1.109%	$14.2M	$19.0M	50x	as long as short
BingX FARTCOIN-USDT	+0.0282%	4h	0.2011	+0.959%	—	$14.8M	—	as long as short
Binance FARTCOINUSDT	+0.0287%	4h	0.2013	+1.059%	$19.7M	$91.8M	75x	as long as short
KuCoin FARTCOINUSDTM	+0.0340%	4h	0.2013	+1.059%	$10.8M	$15.9M	50x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0342%	4h	0.1991	−0.044%	$249K	$4.7M	10x	as long as short
Pacifica FARTCOIN	+0.0362%	1h	0.2007	+0.761%	$191K	$499K	10x	as long as short
Gate FARTCOIN_USDT	+0.0366%	4h	0.2012	+1.004%	$11.3M	$9.9M	75x	as long as short
Extended FARTCOIN-USD	+0.0368%	1h	0.2013	+1.038%	$217K	$1.5M	25x	as long as short
Nado FARTCOIN-PERP	+0.0376%	1h	0.2010	+0.925%	$797K	$826K	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0392%	1h	0.2002	+0.507%	$28K	$201K	50x	as long as short
Variational Omni FARTCOIN	+0.0407%	4h	0.2000	+0.398%	$1.0M	$3.2M	—	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2012	+0.993%	$0	—	5x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0446%	1h	0.2012	+0.994%	$119K	$57K	25x	as long as short
Arcus FARTCOIN-USD	+0.0518%	1h	0.2010	+0.909%	$14K	$87K	10x	as long as short
BloFin FARTCOIN-USDT	+0.0528%	4h	0.2001	+0.457%	$995K	$2.2M	75x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0528% / S −0.0667%	1h	0.2009	+0.851%	$56K	—	100x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0531%	1h	0.2014	+1.113%	$781K	$2.3M	50x	as long as short
01 Exchange FARTCOINUSD	+0.0560%	1h	0.2013	+1.059%	$413	$477	10x	as long as short
Hyperliquid FARTCOIN	+0.0744%	1h	0.2013	+1.039%	$48.4M	$37.6M	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0778%	4h	0.2013	+1.059%	$25K	$4K	20x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1008%	1h	0.2016	+1.200%	$1.1M	$9.8M	50x	as long as short