Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.03 per $10,000 · paid last 24h +0.038%
Price spread now: Lighter against Backpack+0.103%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days−0.424%−$42 on $10k
+Price spread, last 4 days (all we have)−0.115%−$11 · spread now +0.103%, 7d avg +0.124%
=Together, before fees−0.539%+ Points / potential airdropLighter: Season 3 · farm board−$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.021% cheaper against Backpack than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.124%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack FARTCOIN_USDC_PERP | 0.2032 | 0.0377 | pay 0.0047% / 1h | 8m 13s | $67K | $337K | 10x |
| Short | Lighter FARTCOIN | 0.2034 | 0.0352 | get 0.0044% / 1h | 8m 13s | $607K | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$5.17
- Price spread: +0.103% → +0.124%
- −$2.1
- Slippage, 4 orders
- −$28.89
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$46.15
- Costs to cover
- 0.389%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 30 min ago; Lighter: live order book, 3 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, 30 min ago | 0.25 bp | 6.1 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 4.18 bp | 13.4 bp −$13 | 34.5 bp −$345 | 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 −0.0006% | 1h | 0.2032 | −0.014% | $9K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −2.353% | $1K | $5 | 5.5x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0100% | 4h | 0.2034 | +0.108% | $4.8M | $19.9M | 20x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.2038 | +0.290% | $2K | $1.9M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.2034 | +0.108% | $163K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.2034 | +0.123% | $70K | $161K | 20x | as long as short |
| Bulk FARTCOIN-USD | +0.0143% | 1h | 0.2038 | +0.305% | $80K | −$0 | 10x | as long as short |
| Aevo FARTCOIN-PERP | +0.0160% | 1h | 0.2035 | +0.157% | $32K | — | 3x | as long as short |
| Pacifica FARTCOIN | +0.0170% | 1h | 0.2038 | +0.305% | $189K | $502K | 10x | as long as short |
| Extended FARTCOIN-USD | +0.0192% | 1h | 0.2034 | +0.110% | $203K | $1.6M | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FARTCOINUSDT | +0.0224% | 4h | 0.2037 | +0.238% | $85K | $232K | 5x | as long as short |
| MEXC FARTCOIN_USDT | +0.0262% | 4h | 0.2034 | +0.094% | $25.5M | $15.9M | 100x | as long as short |
| Bybit FARTCOINUSDT | +0.0277% | 4h | 0.2034 | +0.094% | $31.6M | $62.4M | 50x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0278% | 1h | 0.2034 | +0.094% | $110K | $987K | 10x | as long as short |
| Binance FARTCOINUSDT | +0.0314% | 4h | 0.2034 | +0.108% | $19.8M | $94.6M | 75x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0341% | 1h | 0.2033 | +0.074% | $121K | $57K | 25x | as long as short |
| Lighter FARTCOINshort | +0.0352% | 1h | 0.2034 | +0.103% | $607K | $1.8M | 10x | |
| BingX FARTCOIN-USDC | +0.0354% | 4h | 0.2033 | +0.059% | — | $6.5M | — | as long as short |
| Bitget FARTCOINUSDT | +0.0370% | 4h | 0.2033 | +0.059% | $14.2M | $19.2M | 50x | as long as short |
| Backpack FARTCOIN_USDC_PERPlong | +0.0377% | 1h | 0.2032 | long leg | $67K | $337K | 10x | |
| Variational Omni FARTCOIN | +0.0408% | 4h | 0.2034 | +0.093% | $1.1M | $3.1M | — | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.2034 | +0.115% | $0 | — | 5x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0420% | 4h | 0.2034 | +0.108% | $261K | $4.7M | 10x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0434% | 1h | 0.2034 | +0.108% | $28K | $192K | 50x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0440% / S −0.0523% | 1h | 0.2031 | −0.018% | $57K | — | 100x | as long as short |
| Gate FARTCOIN_USDT | +0.0442% | 4h | 0.2033 | +0.069% | $11.4M | $10.2M | 75x | as long as short |
| Nado FARTCOIN-PERP | +0.0455% | 1h | 0.2034 | +0.110% | $810K | $849K | 10x | as long as short |
| BloFin FARTCOIN-USDT | +0.0554% | 4h | 0.2038 | +0.305% | $994K | $2.4M | 75x | as long as short |
| Phoenix FARTCOIN | +0.0637% | 1h | 0.2039 | +0.379% | $161K | $233K | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0650% | 4h | 0.2035 | +0.157% | $11.2M | $15.7M | 50x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0731% | 4h | 0.2036 | +0.207% | $26K | $5K | 20x | as long as short |
| Hyperliquid FARTCOIN | +0.0755% | 1h | 0.2035 | +0.143% | $49.2M | $39.7M | 10x | as long as short |
| Arcus FARTCOIN-USD | +0.0826% | 1h | 0.2038 | +0.305% | $16K | $89K | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0866% | 1h | 0.2034 | +0.102% | $824K | $2.6M | 50x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0920% | 1h | 0.2039 | +0.345% | $418 | $477 | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1056% | 1h | 0.2040 | +0.384% | $1.2M | $10.0M | 50x | as long as short |
Backpack FARTCOIN_USDC_PERP
Lighter FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
OKX FARTCOIN-USDT-SWAP
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Bulk FARTCOIN-USD
Pacifica FARTCOIN
Extended FARTCOIN-USD
Aster FARTCOINUSDT
MEXC FARTCOIN_USDT
Bybit FARTCOINUSDT
Polymarket Perps FARTCOIN-USD
Binance FARTCOINUSDT
Deribit FARTCOIN_USDC-PERPETUAL
BingX FARTCOIN-USDC
Bitget FARTCOINUSDT
Variational Omni FARTCOIN
GRVT FARTCOIN_USDT_Perp
ApeX Omni FARTCOINUSDT
GMX FARTCOIN/USD [WBTC.b-USDC]
Gate FARTCOIN_USDT
BloFin FARTCOIN-USDT
Phoenix FARTCOIN
KuCoin FARTCOINUSDTM
Hyperliquid FARTCOIN
Kraken Futures PF_FARTCOINUSD
01 Exchange FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX