Funding you earn now, next payment 06:00 UTC−0.0123%/8h= −13.5% APRpaid last 24h +0.039%
Price spread now: MEXC against Backpack+0.273%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$250.252% of the position
Funding, last 7 days−0.564%−$56 on $10k
+Price spread, last 4 days (all we have)−0.328%−$33 · spread now +0.273%, 7d avg +0.062%
=The price spread pays, funding is against you. MEXC is 0.211% dearer against Backpack than usual: you sell high and buy low (spread +0.273% now, against its 7-day average of +0.062%): +$21 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.7 days. At the pace of the last 7 days (−0.564% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack FARTCOIN_USDC_PERP | 0.2016 | 0.0223 | pay 0.0028% / 1h | 48m 38s | $89K | $308K | 10x |
| Short | MEXC FARTCOIN_USDT | 0.2022 | 0.0100 | get 0.0050% / 4h | 2h 48m | $25.2M | $15.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$25.91
- Price spread: +0.273% → +0.062%
- $21.06
- Slippage, 4 orders
- −$15.21
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$30.05
- Costs to cover
- 0.252%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 65 min ago; MEXC: live order book, 5 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, 65 min ago | 0.25 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.49 bp | 3.9 bp −$4 | 39.2 bp −$392 | 56.3 bp −$5,631 | 87.6 bp −$43.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FARTCOIN_USDC-PERPETUAL | 0.0000% | 1h | 0.2016 | −0.035% | $122K | $55K | 25x | as long as short |
| gTrade (Gains Network) FARTCOIN/USD | L +0.0005% / S −0.0004% | 1h | 0.2018 | +0.079% | $1K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −1.607% | $1K | $5 | 5.5x | as long as short |
| Bybit FARTCOINUSDT | +0.0100% | 4h | 0.2023 | +0.317% | $31.8M | $57.9M | 50x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.2024 | +0.394% | $80K | −$0 | 10x | as long as short |
| MEXC FARTCOIN_USDTshort | +0.0100% | 4h | 0.2022 | +0.273% | $25.2M | $15.2M | 100x | |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.2021 | +0.203% | $2K | $1.8M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.2017 | +0.030% | $161K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.2020 | +0.193% | $70K | $152K | 20x | as long as short |
| Aevo FARTCOIN-PERP | +0.0168% | 1h | 0.2019 | +0.120% | $32K | — | 3x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FARTCOIN-USDT-SWAP | +0.0216% | 4h | 0.2026 | +0.476% | $5.0M | $17.8M | 20x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0217% | 1h | 0.2023 | +0.307% | $110K | $939K | 10x | as long as short |
| Backpack FARTCOIN_USDC_PERPlong | +0.0223% | 1h | 0.2016 | long leg | $89K | $308K | 10x | |
| Gate FARTCOIN_USDT | +0.0228% | 4h | 0.2021 | +0.238% | $11.4M | $9.5M | 75x | as long as short |
| Phoenix FARTCOIN | +0.0238% | 1h | 0.2031 | +0.704% | $160K | $219K | 10x | as long as short |
| Bitget FARTCOINUSDT | +0.0248% | 4h | 0.2025 | +0.427% | $14.2M | $18.7M | 50x | as long as short |
| Nado FARTCOIN-PERP | +0.0281% | 1h | 0.2021 | +0.228% | $808K | $806K | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0314% | 4h | 0.2021 | +0.228% | $10.8M | $15.6M | 50x | as long as short |
| Binance FARTCOINUSDT | +0.0345% | 4h | 0.2024 | +0.362% | $19.9M | $88.8M | 75x | as long as short |
| Aster FARTCOINUSDT | +0.0346% | 4h | 0.2025 | +0.440% | $85K | $230K | 5x | as long as short |
| Variational Omni FARTCOIN | +0.0356% | 4h | 0.2030 | +0.654% | $1.1M | $3.1M | — | as long as short |
| Lighter FARTCOIN | +0.0360% | 1h | 0.2023 | +0.342% | $666K | $1.7M | 10x | as long as short |
| Pacifica FARTCOIN | +0.0362% | 1h | 0.2022 | +0.275% | $194K | $478K | 10x | as long as short |
| BingX FARTCOIN-USDC | +0.0366% | 4h | 0.2026 | +0.476% | — | $6.5M | — | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.2020 | +0.187% | $0 | — | 5x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0424% | 4h | 0.2031 | +0.706% | $257K | $4.6M | 10x | as long as short |
| Arcus FARTCOIN-USD | +0.0518% | 1h | 0.2025 | +0.427% | $14K | $89K | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0530% | 1h | 0.2016 | 0.000% | $777K | $2.2M | 50x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0560% / S −0.0717% | 1h | 0.2018 | +0.061% | $56K | — | 100x | as long as short |
| BloFin FARTCOIN-USDT | +0.0594% | 4h | 0.2016 | −0.020% | $1.0M | $2.1M | 75x | as long as short |
| Extended FARTCOIN-USD | +0.0640% | 1h | 0.2025 | +0.424% | $238K | $1.8M | 25x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0648% | 1h | 0.2026 | +0.466% | $416 | $477 | 10x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0748% | 1h | 0.2026 | +0.476% | $28K | $202K | 50x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0832% | 4h | 0.2018 | +0.079% | $25K | $4K | 20x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1008% | 1h | 0.2028 | +0.595% | $1.0M | $9.2M | 50x | as long as short |
| Hyperliquid FARTCOIN | +0.1270% | 1h | 0.2023 | +0.322% | $49.5M | $35.5M | 10x | as long as short |
Backpack FARTCOIN_USDC_PERP
MEXC FARTCOIN_USDT
Deribit FARTCOIN_USDC-PERPETUAL
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Bybit FARTCOINUSDT
Bulk FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
OKX FARTCOIN-USDT-SWAP
Polymarket Perps FARTCOIN-USD
Gate FARTCOIN_USDT
Phoenix FARTCOIN
Bitget FARTCOINUSDT
KuCoin FARTCOINUSDTM
Binance FARTCOINUSDT
Aster FARTCOINUSDT
Variational Omni FARTCOIN
Lighter FARTCOIN
Pacifica FARTCOIN
BingX FARTCOIN-USDC
GRVT FARTCOIN_USDT_Perp
Kraken Futures PF_FARTCOINUSD
GMX FARTCOIN/USD [WBTC.b-USDC]
BloFin FARTCOIN-USDT
Extended FARTCOIN-USD
01 Exchange FARTCOINUSD
ApeX Omni FARTCOINUSDT
Coinbase International FARTCOIN-PERP-INTX
Hyperliquid FARTCOIN