Funding arb · Price arb /

FARTCOIN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0477%/8h= +52.2% APRpaid last 24h +0.126%

Price spread now: Phoenix against SunX−0.322%69s7-day average −0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as 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−$1711.709% of the position

Long on SunX Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.678%+$68 on $10k

Price spread, last 3 days (all we have)+0.069%+$7 · spread now −0.322%, 7d avg −0.073%

Together, before fees+0.746%+$75 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.249% cheaper against SunX than usual: you would sell low and buy high (spread −0.322% now, against its 7-day average of −0.073%). If the spread goes back, that is −$25 on $10k: about 42 hours of funding at the current rate (+$14 a day). 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	SunX FARTCOIN-USDT	0.1956	0.0100	pay 0.0050% / 4h	0m 09s	$2K	$1.7M	20x
Short	Phoenix FARTCOIN	0.1950	0.0577	get 0.0072% / 1h	0m 09s	$154K	$211K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against SunX. 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 SunXbpFee PhoenixbpOrdersPrice spread, now −0.322%Rate

Funding earned: $100.2
Price spread: −0.322% → −0.073%: −$24.93
Slippage, 4 orders: −$155.86
Fee SunX: 4 bp × 2 orders: −$8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$95.59
Costs to cover: 1.709%
Break-even: 13.7 days

Slippage from SunX: live order book, 5 min ago; Phoenix: live order book, 7 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 SunX live order book, 5 min ago	31.82 bp	49.8 bp −$50	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix live order book, 7 min ago	3.10 bp	20.3 bp −$20	58.5 bp −$585	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 −0.0002%	1h	0.1950	−0.297%	$34K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+1.442%	$1K	$4K	5.5x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0100%	4h	0.1952	−0.194%	$4.6M	$13.8M	20x	as long as short
SunX FARTCOIN-USDTlong	+0.0100%	4h	0.1956	long leg	$2K	$1.7M	20x
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1953	−0.143%	$156K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1950	−0.291%	$67K	$171K	20x	as long as short
Aster FARTCOINUSDT	+0.0122%	4h	0.1952	−0.194%	$79K	$197K	5x	as long as short
Bulk FARTCOIN-USD	+0.0125%	1h	0.1935	−1.063%	$76K	$11K	10x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0132%	1h	0.1953	−0.169%	$107K	$872K	10x	as long as short
Aevo FARTCOIN-PERP	+0.0136%	1h	0.1953	−0.169%	$31K	—	3x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget FARTCOINUSDT	+0.0238%	4h	0.1952	−0.194%	$13.6M	$15.9M	50x	as long as short
Binance FARTCOINUSDT	+0.0242%	4h	0.1951	−0.245%	$18.6M	$74.2M	75x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0242%	4h	0.1942	−0.706%	$254K	$4.2M	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0276%	4h	0.1953	−0.143%	$10.4M	$15.6M	50x	as long as short
MEXC FARTCOIN_USDT	+0.0304%	4h	0.1952	−0.199%	$32.2M	$14.1M	100x	as long as short
Bybit FARTCOINUSDT	+0.0312%	4h	0.1951	−0.240%	$30.1M	$50.6M	50x	as long as short
BingX FARTCOIN-USDC	+0.0312%	4h	0.1950	−0.297%	—	$6.5M	—	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0319%	1h	0.1951	−0.251%	$82K	$267K	10x	as long as short
Gate FARTCOIN_USDT	+0.0334%	4h	0.1951	−0.261%	$11.0M	$8.1M	75x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0352% / S −0.0338%	1h	0.1950	−0.285%	$63K	—	100x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1953	−0.132%	$0	—	5x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0417%	1h	0.1951	−0.225%	$124K	$95K	25x	as long as short
Pacifica FARTCOIN	+0.0429%	1h	0.1952	−0.174%	$186K	$406K	10x	as long as short
Variational Omni FARTCOIN	+0.0447%	4h	0.1948	−0.420%	$777K	$2.6M	—	as long as short
BloFin FARTCOIN-USDT	+0.0482%	4h	0.1949	−0.348%	$953K	$1.9M	75x	as long as short
Lighter FARTCOIN	+0.0488%	1h	0.1954	−0.112%	$643K	$930K	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0546%	1h	0.1949	−0.348%	$29K	$219K	50x	as long as short
Phoenix FARTCOINshort	+0.0577%	1h	0.1950	−0.322%	$154K	$211K	10x
Extended FARTCOIN-USD	+0.0592%	1h	0.1952	−0.188%	$215K	$2.1M	25x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0648%	4h	0.1953	−0.143%	$24K	$3K	20x	as long as short
Arcus FARTCOIN-USD	+0.0665%	1h	0.1954	−0.092%	$14K	$110K	10x	as long as short
Nado FARTCOIN-PERP	+0.0686%	1h	0.1953	−0.144%	$800K	$716K	10x	as long as short
Hyperliquid FARTCOIN	+0.0922%	1h	0.1953	−0.138%	$43.4M	$26.8M	10x	as long as short
01 Exchange FARTCOINUSD	+0.1016%	1h	0.1958	+0.087%	$397	$381	10x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.1047%	1h	0.1952	−0.210%	$762K	$1.8M	50x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1072%	1h	0.1957	+0.066%	$965K	$7.5M	50x	as long as short