Funding you earn now, next payment 01:00 UTC−0.0243%/8h= −26.6% APRnext payment −$0.30 per $10,000 · paid last 24h −0.036%
Price spread now: Polymarket Perps against Backpack−0.005%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days−0.778%−$78 on $10k
+Price spread, last 3 days (all we have)−0.053%−$5 · spread now −0.005%, 7d avg +0.048%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Polymarket Perps is 0.053% cheaper against Backpack than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.048%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack FARTCOIN_USDC_PERP | 0.1979 | 0.0437 | pay 0.0055% / 1h | 30m 04s | $84K | $264K | 10x |
| Short | Polymarket Perps FARTCOIN-USD | 0.1979 | 0.0194 | get 0.0024% / 1h | 30m 04s | $112K | $874K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$51.01
- Price spread: −0.005% → +0.048%
- −$5.34
- Slippage, 4 orders
- −$17.17
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$91.52
- Costs to cover
- 0.352%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 43 min ago; Polymarket Perps: live order book, 43 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, 43 min ago | 0.26 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 43 min ago | 3.36 bp | 11.3 bp −$11 | 27.8 bp −$278 | 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 −0.0001% | 1h | 0.1977 | −0.116% | $26K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +0.248% | $1K | $2K | 5.5x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1981 | +0.116% | $1K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1979 | −0.005% | $158K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1982 | +0.162% | $69K | $148K | 20x | as long as short |
| Aevo FARTCOIN-PERP | +0.0152% | 1h | 0.1978 | −0.056% | $32K | — | 3x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0170% | 4h | 0.1982 | +0.147% | $4.7M | $14.3M | 20x | as long as short |
| Aster FARTCOINUSDT | +0.0177% | 4h | 0.1978 | −0.066% | $81K | $199K | 5x | as long as short |
| Bulk FARTCOIN-USD | +0.0181% | 1h | 0.1976 | −0.137% | $78K | $3K | 10x | as long as short |
| Polymarket Perps FARTCOIN-USDshort | +0.0194% | 1h | 0.1979 | −0.005% | $112K | $874K | 10x |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0256% | 1h | 0.1978 | −0.040% | $126K | $95K | 25x | as long as short |
| Gate FARTCOIN_USDT | +0.0260% | 4h | 0.1979 | +0.010% | $11.2M | $8.0M | 75x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0270% | 4h | 0.1980 | +0.045% | $10.5M | $15.5M | 50x | as long as short |
| Binance FARTCOINUSDT | +0.0277% | 4h | 0.1980 | +0.032% | $19.1M | $75.1M | 75x | as long as short |
| Pacifica FARTCOIN | +0.0281% | 1h | 0.1982 | +0.146% | $191K | $412K | 10x | as long as short |
| Bitget FARTCOINUSDT | +0.0302% | 4h | 0.1982 | +0.147% | $14.1M | $16.8M | 50x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0330% | 4h | 0.1975 | −0.207% | $257K | $4.2M | 10x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1979 | −0.024% | $0 | — | 5x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0431% / S −0.0944% | 1h | 0.1977 | −0.118% | $73K | — | 100x | as long as short |
| Backpack FARTCOIN_USDC_PERPlong | +0.0437% | 1h | 0.1979 | long leg | $84K | $264K | 10x | |
| Extended FARTCOIN-USD | +0.0488% | 1h | 0.1982 | +0.122% | $218K | $2.2M | 25x | as long as short |
| Variational Omni FARTCOIN | +0.0498% | 4h | 0.1983 | +0.219% | $772K | $2.6M | — | as long as short |
| BloFin FARTCOIN-USDT | +0.0511% | 4h | 0.1982 | +0.147% | $970K | $1.9M | 75x | as long as short |
| Nado FARTCOIN-PERP | +0.0591% | 1h | 0.1981 | +0.077% | $811K | $720K | 10x | as long as short |
| Phoenix FARTCOIN | +0.0614% | 1h | 0.1975 | −0.197% | $156K | $220K | 10x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0660% | 1h | 0.1973 | −0.308% | $27K | $213K | 50x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0684% | 4h | 0.1979 | −0.005% | $24K | $3K | 20x | as long as short |
| MEXC FARTCOIN_USDT | +0.0698% | 4h | 0.1979 | +0.015% | $33.2M | $14.3M | 100x | as long as short |
| Bybit FARTCOINUSDT | +0.0732% | 4h | 0.1981 | +0.086% | $31.2M | $51.4M | 50x | as long as short |
| Arcus FARTCOIN-USD | +0.0763% | 1h | 0.1982 | +0.147% | $14K | $110K | 10x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0808% | 1h | 0.1983 | +0.172% | $402 | $381 | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0827% | 1h | 0.1979 | −0.007% | $766K | $1.9M | 50x | as long as short |
| Hyperliquid FARTCOIN | +0.0865% | 1h | 0.1982 | +0.167% | $44.1M | $26.2M | 10x | as long as short |
| BingX FARTCOIN-USDT | +0.0900% | 4h | 0.1978 | −0.056% | — | $14.5M | — | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1048% | 1h | 0.1986 | +0.364% | $986K | $7.6M | 50x | as long as short |
| Lighter FARTCOIN | +0.1112% | 1h | 0.1982 | +0.141% | $767K | $1.1M | 10x | as long as short |
Backpack FARTCOIN_USDC_PERP
Polymarket Perps FARTCOIN-USD
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
OKX FARTCOIN-USDT-SWAP
Aster FARTCOINUSDT
Bulk FARTCOIN-USD
Deribit FARTCOIN_USDC-PERPETUAL
Gate FARTCOIN_USDT
KuCoin FARTCOINUSDTM
Binance FARTCOINUSDT
Pacifica FARTCOIN
Bitget FARTCOINUSDT
GRVT FARTCOIN_USDT_Perp
GMX FARTCOIN/USD [WBTC.b-USDC]
Extended FARTCOIN-USD
Variational Omni FARTCOIN
BloFin FARTCOIN-USDT
Phoenix FARTCOIN
ApeX Omni FARTCOINUSDT
MEXC FARTCOIN_USDT
Bybit FARTCOINUSDT
01 Exchange FARTCOINUSD
Kraken Futures PF_FARTCOINUSD
Hyperliquid FARTCOIN
BingX FARTCOIN-USDT
Coinbase International FARTCOIN-PERP-INTX
Lighter FARTCOIN