Funding you earn now, next payment 02:00 UTC+0.0532%/8h= +58.2% APRnext payment +$0.66 per $10,000 · paid last 24h +0.121%
Price spread now: Phoenix against Polymarket Perps+0.083%59s7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs+$19as 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−$550.549% of the position
Funding, last 7 days+0.740%+$74 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now +0.083%, 7d avg +0.130%
=Funding pays, the price is against you. Phoenix is 0.047% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.083% now, against its 7-day average of +0.130%). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$16 a day). The two prices were read 59 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 | Polymarket Perps FARTCOIN-USD | 0.1917 | 0.0129 | pay 0.0016% / 1h | 34m 12s | $108K | $876K | 10x |
| Short | Phoenix FARTCOIN | 0.1919 | 0.0661 | get 0.0083% / 1h | 34m 12s | $151K | $218K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Polymarket Perps. 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
- $111.65
- Price spread: +0.083% → +0.130%
- −$4.67
- Slippage, 4 orders
- −$39.86
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $52.12
- Costs to cover
- 0.549%
- Break-even
- 3.7 days
Slippage from Polymarket Perps: live order book, 29 min ago; Phoenix: live order book, 23 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 Polymarket Perps live order book, 29 min ago | 2.32 bp | 6.8 bp −$7 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 23 min ago | 3.11 bp | 20.3 bp −$20 | 58.4 bp −$584 | 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 0.0000% | 1h | 0.1915 | −0.143% | $14K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +3.479% | $1K | $2K | 5.5x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1921 | +0.172% | $2K | $1.7M | 20x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1922 | +0.235% | $67K | $151K | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0115% | 1h | 0.1918 | +0.037% | $154K | $7K | 10x | as long as short |
| Polymarket Perps FARTCOIN-USDlong | +0.0129% | 1h | 0.1917 | long leg | $108K | $876K | 10x | |
| Aevo FARTCOIN-PERP | +0.0176% | 1h | 0.1918 | +0.010% | $31K | — | 3x | as long as short |
| Gate FARTCOIN_USDT | +0.0178% | 4h | 0.1917 | −0.005% | $10.9M | $8.7M | 75x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0188% | 4h | 0.1919 | +0.089% | $4.7M | $15.0M | 20x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0208% | 1h | 0.1921 | +0.209% | $81K | $255K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk FARTCOIN-USD | +0.0242% | 1h | 0.1923 | +0.297% | $76K | $2K | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0304% | 4h | 0.1919 | +0.089% | $10.1M | $15.6M | 50x | as long as short |
| Pacifica FARTCOIN | +0.0311% | 1h | 0.1917 | −0.021% | $179K | $423K | 10x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0331% / S −0.0041% | 1h | 0.1915 | −0.127% | $73K | — | 100x | as long as short |
| Bitget FARTCOINUSDT | +0.0366% | 4h | 0.1917 | −0.016% | $13.5M | $17.1M | 50x | as long as short |
| Binance FARTCOINUSDT | +0.0389% | 4h | 0.1919 | +0.089% | $18.4M | $78.4M | 75x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1918 | +0.045% | $0 | — | 5x | as long as short |
| Aster FARTCOINUSDT | +0.0426% | 4h | 0.1915 | −0.112% | $81K | $192K | 5x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0466% | 4h | 0.1916 | −0.067% | $240K | $4.4M | 10x | as long as short |
| Bybit FARTCOINUSDT | +0.0582% | 4h | 0.1918 | +0.021% | $29.7M | $53.0M | 50x | as long as short |
| BingX FARTCOIN-USDT | +0.0588% | 4h | 0.1918 | +0.037% | — | $14.4M | — | as long as short |
| Nado FARTCOIN-PERP | +0.0590% | 1h | 0.1918 | +0.050% | $758K | $695K | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0596% | 4h | 0.1918 | +0.031% | $31.7M | $14.3M | 100x | as long as short |
| BloFin FARTCOIN-USDT | +0.0629% | 4h | 0.1925 | +0.402% | $955K | $2.0M | 75x | as long as short |
| Phoenix FARTCOINshort | +0.0661% | 1h | 0.1919 | +0.083% | $151K | $218K | 10x | |
| Extended FARTCOIN-USD | +0.0680% | 1h | 0.1918 | +0.036% | $210K | $2.0M | 25x | as long as short |
| Hyperliquid FARTCOIN | +0.0719% | 1h | 0.1919 | +0.094% | $42.2M | $28.8M | 10x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0742% | 1h | 0.1917 | −0.005% | $122K | $91K | 25x | as long as short |
| Lighter FARTCOIN | +0.0744% | 1h | 0.1920 | +0.130% | $617K | $1.3M | 10x | as long as short |
| Variational Omni FARTCOIN | +0.0752% | 4h | 0.1921 | +0.200% | $798K | $2.7M | — | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0760% | 1h | 0.1918 | +0.027% | $741K | $1.9M | 50x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0776% | 1h | 0.1917 | −0.016% | $24K | $210K | 50x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0800% | 1h | 0.1918 | +0.037% | $394 | $386 | 10x | as long as short |
| Arcus FARTCOIN-USD | +0.0833% | 1h | 0.1919 | +0.089% | $14K | $112K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0855% | 4h | 0.1920 | +0.141% | $24K | $3K | 20x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1032% | 1h | 0.1926 | +0.443% | $1.1M | $7.2M | 50x | as long as short |
Polymarket Perps FARTCOIN-USD
Phoenix FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
SunX FARTCOIN-USDT
HTX FARTCOIN-USDT
SoDEX FARTCOIN-USD
Gate FARTCOIN_USDT
OKX FARTCOIN-USDT-SWAP
Backpack FARTCOIN_USDC_PERP
Bulk FARTCOIN-USD
KuCoin FARTCOINUSDTM
Pacifica FARTCOIN
GMX FARTCOIN/USD [WBTC.b-USDC]
Bitget FARTCOINUSDT
Binance FARTCOINUSDT
Aster FARTCOINUSDT
GRVT FARTCOIN_USDT_Perp
Bybit FARTCOINUSDT
BingX FARTCOIN-USDT
MEXC FARTCOIN_USDT
BloFin FARTCOIN-USDT
Extended FARTCOIN-USD
Hyperliquid FARTCOIN
Deribit FARTCOIN_USDC-PERPETUAL
Lighter FARTCOIN
Variational Omni FARTCOIN
Kraken Futures PF_FARTCOINUSD
ApeX Omni FARTCOINUSDT
01 Exchange FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX