Funding you earn now, next payment 01:00 UTC+0.0752%/8h= +82.4% APRnext payment +$0.94 per $10,000 · paid last 24h +0.155%
Price spread now: Hyperliquid against Backpack+0.087%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 7 days−0.427%−$43 on $10k
+Price spread, last 4 days (all we have)−0.179%−$18 · spread now +0.087%, 7d avg +0.090%
=Together, before fees−0.606%+ Points / potential airdropHyperliquid: Season 2 · farm board−$61 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.090%, so right now this pair is about funding alone: +$23 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.427%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.427% in total (about -22.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.94 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 | Backpack FARTCOIN_USDC_PERP | 0.1957 | 0.0405 | pay 0.0051% / 1h | 57m 50s | $82K | $267K | 10x |
| Short | Hyperliquid FARTCOIN | 0.1958 | 0.1158 | get 0.0145% / 1h | 57m 50s | $43.5M | $26.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Backpack. 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
- $157.95
- Price spread: +0.087% → +0.090%
- −$0.34
- Slippage, 4 orders
- −$18.36
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $120.25
- Costs to cover
- 0.374%
- Break-even
- 1.7 days
Slippage from Backpack: live order book, 15 min ago; Hyperliquid: live order book, 6 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 Backpack live order book, 15 min ago | 0.26 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.03 bp | 9.1 bp −$9 | 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 −0.0002% | 1h | 0.1953 | −0.189% | $34K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +1.395% | $1K | $2K | 5.5x | as long as short |
| Bybit FARTCOINUSDT | +0.0100% | 4h | 0.1958 | +0.092% | $30.2M | $50.6M | 50x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0100% | 4h | 0.1960 | +0.169% | $4.6M | $13.8M | 20x | as long as short |
| MEXC FARTCOIN_USDT | +0.0100% | 4h | 0.1956 | −0.020% | $32.4M | $14.0M | 100x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1957 | +0.005% | $1K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1957 | +0.015% | $157K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1956 | −0.026% | $68K | $169K | 20x | as long as short |
| Aster FARTCOINUSDT | +0.0124% | 4h | 0.1953 | −0.193% | $79K | $198K | 5x | as long as short |
| Bulk FARTCOIN-USD | +0.0134% | 1h | 0.1951 | −0.291% | $77K | $9K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo FARTCOIN-PERP | +0.0144% | 1h | 0.1953 | −0.215% | $31K | — | 3x | as long as short |
| Bitget FARTCOINUSDT | +0.0240% | 4h | 0.1959 | +0.118% | $13.6M | $15.9M | 50x | as long as short |
| Binance FARTCOINUSDT | +0.0247% | 4h | 0.1959 | +0.131% | $18.7M | $74.3M | 75x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0264% | 4h | 0.1950 | −0.340% | $255K | $4.2M | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0276% | 4h | 0.1957 | +0.015% | $10.4M | $15.6M | 50x | as long as short |
| Pacifica FARTCOIN | +0.0281% | 1h | 0.1952 | −0.255% | $186K | $404K | 10x | as long as short |
| BingX FARTCOIN-USDT | +0.0312% | 4h | 0.1959 | +0.118% | — | $14.6M | — | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0333% | 1h | 0.1953 | −0.204% | $112K | $859K | 10x | as long as short |
| Gate FARTCOIN_USDT | +0.0340% | 4h | 0.1956 | −0.026% | $11.1M | $7.9M | 75x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0353% / S −0.0340% | 1h | 0.1953 | −0.212% | $63K | — | 100x | as long as short |
| Backpack FARTCOIN_USDC_PERPlong | +0.0405% | 1h | 0.1957 | long leg | $82K | $267K | 10x | |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1954 | −0.126% | $0 | — | 5x | as long as short |
| Variational Omni FARTCOIN | +0.0447% | 4h | 0.1948 | −0.466% | $777K | $2.6M | — | as long as short |
| BloFin FARTCOIN-USDT | +0.0486% | 4h | 0.1956 | −0.036% | $957K | $1.9M | 75x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0564% | 1h | 0.1952 | −0.240% | $29K | $219K | 50x | as long as short |
| Extended FARTCOIN-USD | +0.0576% | 1h | 0.1958 | +0.073% | $215K | $2.1M | 25x | as long as short |
| Phoenix FARTCOIN | +0.0577% | 1h | 0.1950 | −0.368% | $154K | $211K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0652% | 4h | 0.1955 | −0.087% | $24K | $3K | 20x | as long as short |
| Arcus FARTCOIN-USD | +0.0763% | 1h | 0.1954 | −0.138% | $14K | $110K | 10x | as long as short |
| Nado FARTCOIN-PERP | +0.0801% | 1h | 0.1955 | −0.112% | $799K | $717K | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0836% | 1h | 0.1957 | +0.008% | $766K | $1.8M | 50x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0876% | 1h | 0.1956 | −0.056% | $124K | $95K | 25x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1048% | 1h | 0.1957 | +0.020% | $965K | $7.5M | 50x | as long as short |
| Hyperliquid FARTCOINshort | +0.1158% | 1h | 0.1958 | +0.087% | $43.5M | $26.9M | 10x | |
| Lighter FARTCOIN | +0.1160% | 1h | 0.1959 | +0.102% | $648K | $926K | 10x | as long as short |
| 01 Exchange FARTCOINUSD | +0.1232% | 1h | 0.1958 | +0.087% | $397 | $381 | 10x | as long as short |
Backpack FARTCOIN_USDC_PERP
Hyperliquid FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Bybit FARTCOINUSDT
OKX FARTCOIN-USDT-SWAP
MEXC FARTCOIN_USDT
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Aster FARTCOINUSDT
Bulk FARTCOIN-USD
Bitget FARTCOINUSDT
Binance FARTCOINUSDT
GRVT FARTCOIN_USDT_Perp
KuCoin FARTCOINUSDTM
Pacifica FARTCOIN
BingX FARTCOIN-USDT
Polymarket Perps FARTCOIN-USD
Gate FARTCOIN_USDT
GMX FARTCOIN/USD [WBTC.b-USDC]
Variational Omni FARTCOIN
BloFin FARTCOIN-USDT
ApeX Omni FARTCOINUSDT
Extended FARTCOIN-USD
Phoenix FARTCOIN
Kraken Futures PF_FARTCOINUSD
Deribit FARTCOIN_USDC-PERPETUAL
Coinbase International FARTCOIN-PERP-INTX
Lighter FARTCOIN
01 Exchange FARTCOINUSD