Funding you earn now, next payment 04:00 UTC−0.0600%/8h= −65.6% APRnext payment −$0.75 per $10,000 · paid last 24h −0.272%
Price spread now: Backpack against Coinbase International+0.044%7-day average −0.320% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$470.468% of the position
Funding, last 7 days−0.425%−$42 on $10k
+Price spread, last 4 days (all we have)−0.288%−$29 · spread now +0.044%, 7d avg −0.320%
=The price spread pays, funding is against you. Backpack is 0.364% dearer against Coinbase International than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.320%): +$36 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 2.0 days. At the pace of the last 7 days (−0.425% in total) that is about 6.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International FARTCOIN-PERP-INTX | 0.2053 | 0.1120 | pay 0.0140% / 1h | 25m 56s | $1.1M | $9.0M | 50x |
| Short | Backpack FARTCOIN_USDC_PERP | 0.2054 | 0.0520 | get 0.0065% / 1h | 25m 56s | $88K | $297K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Coinbase International. 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
- −$125.9
- Price spread: +0.044% → −0.320%
- $36.38
- Slippage, 4 orders
- −$26.75
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$136.27
- Costs to cover
- 0.468%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Backpack: live order book, 27 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 Coinbase International live order book, 3 min ago | 6.81 bp | 11.8 bp −$12 | 28.3 bp −$283 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 27 min ago | 0.25 bp | 9.2 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FARTCOIN_USDC-PERPETUAL | 0.0000% | 1h | 0.2056 | +0.132% | $124K | $57K | 25x | as long as short |
| gTrade (Gains Network) FARTCOIN/USD | L +0.0005% / S −0.0004% | 1h | 0.2053 | +0.010% | $1K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −3.352% | $1K | $5 | 5.5x | as long as short |
| Bybit FARTCOINUSDT | +0.0100% | 4h | 0.2053 | +0.019% | $32.2M | $56.3M | 50x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.2040 | −0.624% | $80K | −$0 | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0100% | 4h | 0.2053 | +0.029% | $24.4M | $14.9M | 100x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.2058 | +0.244% | $2K | $1.8M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.2054 | +0.058% | $165K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.2054 | +0.083% | $71K | $151K | 20x | as long as short |
| Aevo FARTCOIN-PERP | +0.0184% | 1h | 0.2055 | +0.107% | $33K | — | 3x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate FARTCOIN_USDT | +0.0190% | 4h | 0.2053 | +0.015% | $11.6M | $9.2M | 75x | as long as short |
| Bitget FARTCOINUSDT | +0.0210% | 4h | 0.2054 | +0.058% | $14.5M | $18.4M | 50x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0233% | 4h | 0.2053 | +0.010% | $5.1M | $17.6M | 20x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0234% | 1h | 0.2057 | +0.229% | $112K | $933K | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0294% | 1h | 0.2055 | +0.113% | $778K | $2.1M | 50x | as long as short |
| Variational Omni FARTCOIN | +0.0362% | 4h | 0.2054 | +0.067% | $1.1M | $3.1M | — | as long as short |
| KuCoin FARTCOINUSDTM | +0.0364% | 4h | 0.2054 | +0.058% | $11.0M | $15.6M | 50x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.2058 | +0.259% | $0 | — | 5x | as long as short |
| Binance FARTCOINUSDT | +0.0414% | 4h | 0.2054 | +0.058% | $20.4M | $86.3M | 75x | as long as short |
| BingX FARTCOIN-USDT | +0.0420% | 4h | 0.2053 | +0.010% | — | $14.5M | — | as long as short |
| Nado FARTCOIN-PERP | +0.0471% | 1h | 0.2059 | +0.326% | $818K | $783K | 10x | as long as short |
| Aster FARTCOINUSDT | +0.0475% | 4h | 0.2052 | −0.058% | $90K | $214K | 5x | as long as short |
| Lighter FARTCOIN | +0.0480% | 1h | 0.2057 | +0.209% | $743K | $1.6M | 10x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0512% | 4h | 0.2055 | +0.108% | $257K | $4.5M | 10x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0514% / S −0.0879% | 1h | 0.2054 | +0.041% | $51K | — | 100x | as long as short |
| Backpack FARTCOIN_USDC_PERPshort | +0.0520% | 1h | 0.2054 | +0.044% | $88K | $297K | 10x | |
| Arcus FARTCOIN-USD | +0.0527% | 1h | 0.2056 | +0.156% | $15K | $85K | 10x | as long as short |
| Phoenix FARTCOIN | +0.0556% | 1h | 0.2058 | +0.234% | $162K | $202K | 10x | as long as short |
| Pacifica FARTCOIN | +0.0600% | 1h | 0.2049 | −0.185% | $198K | $460K | 10x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0638% | 1h | 0.2062 | +0.448% | $27K | $208K | 50x | as long as short |
| BloFin FARTCOIN-USDT | +0.0664% | 4h | 0.2051 | −0.088% | $1.0M | $2.2M | 75x | as long as short |
| Extended FARTCOIN-USD | +0.0720% | 1h | 0.2053 | +0.030% | $239K | $2.2M | 25x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0866% | 4h | 0.2056 | +0.156% | $25K | $4K | 20x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0952% | 1h | 0.2058 | +0.258% | $422 | $386 | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTXlong | +0.1120% | 1h | 0.2053 | long leg | $1.1M | $9.0M | 50x | |
| Hyperliquid FARTCOIN | +0.1519% | 1h | 0.2056 | +0.180% | $49.2M | $32.9M | 10x | as long as short |
Coinbase International FARTCOIN-PERP-INTX
Backpack FARTCOIN_USDC_PERP
Deribit FARTCOIN_USDC-PERPETUAL
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Bybit FARTCOINUSDT
Bulk FARTCOIN-USD
MEXC FARTCOIN_USDT
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Gate FARTCOIN_USDT
Bitget FARTCOINUSDT
OKX FARTCOIN-USDT-SWAP
Polymarket Perps FARTCOIN-USD
Kraken Futures PF_FARTCOINUSD
Variational Omni FARTCOIN
KuCoin FARTCOINUSDTM
Binance FARTCOINUSDT
BingX FARTCOIN-USDT
Aster FARTCOINUSDT
Lighter FARTCOIN
GRVT FARTCOIN_USDT_Perp
GMX FARTCOIN/USD [WBTC.b-USDC]
Phoenix FARTCOIN
Pacifica FARTCOIN
ApeX Omni FARTCOINUSDT
BloFin FARTCOIN-USDT
Extended FARTCOIN-USD
01 Exchange FARTCOINUSD
Hyperliquid FARTCOIN