Funding you earn now, next payment 03:00 UTC+0.0514%/8h= +56.3% APRnext payment +$0.64 per $10,000 · paid last 24h +0.107%
Price spread now: Hyperliquid against Deribit+0.041%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$460.465% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.620%−$62 · spread now +0.041%, 7d avg +0.078%
=Together, before fees−0.588%+ Points / potential airdropHyperliquid: Season 2 · farm board−$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.037% cheaper against Deribit than usual: you would sell low and buy high (spread +0.041% now, against its 7-day average of +0.078%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.032% in total) that is about 8.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.64 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 | Deribit FARTCOIN_USDC-PERPETUAL | 0.1929 | 0.0269 | pay 0.0034% / 1h | 9m 05s | $123K | $69K | 25x |
| Short | Hyperliquid FARTCOIN | 0.1930 | 0.0783 | get 0.0098% / 1h | 9m 05s | $42.4M | $29.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Deribit. 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
- $108.02
- Price spread: +0.041% → +0.078%
- −$3.69
- Slippage, 4 orders
- −$30.5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $57.83
- Costs to cover
- 0.465%
- Break-even
- 3.3 days
Slippage from Deribit: live order book, 54 min ago; Hyperliquid: live order book, 4 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 Deribit live order book, 54 min ago | 7.49 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 1.29 bp | 11.0 bp −$11 | 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 −0.0004% | 1h | 0.1928 | −0.080% | $565 | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +2.846% | $1K | $2K | 5.5x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0100% | 1h | 0.1929 | −0.010% | $109K | $867K | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1933 | +0.181% | $2K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1930 | +0.047% | $155K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1936 | +0.368% | $67K | $151K | 20x | as long as short |
| Aevo FARTCOIN-PERP | +0.0184% | 1h | 0.1930 | +0.069% | $31K | — | 3x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0211% | 4h | 0.1930 | +0.047% | $4.7M | $15.0M | 20x | as long as short |
| Gate FARTCOIN_USDT | +0.0238% | 4h | 0.1928 | −0.062% | $11.0M | $8.8M | 75x | as long as short |
| Bulk FARTCOIN-USD | +0.0238% | 1h | 0.1935 | +0.285% | $76K | $2K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack FARTCOIN_USDC_PERP | +0.0240% | 1h | 0.1928 | −0.078% | $81K | $255K | 10x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUALlong | +0.0269% | 1h | 0.1929 | long leg | $123K | $69K | 25x | |
| KuCoin FARTCOINUSDTM | +0.0306% | 4h | 0.1930 | +0.047% | $10.1M | $15.5M | 50x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0307% / S −0.0025% | 1h | 0.1928 | −0.050% | $74K | — | 100x | as long as short |
| Pacifica FARTCOIN | +0.0311% | 1h | 0.1930 | +0.065% | $180K | $419K | 10x | as long as short |
| Bitget FARTCOINUSDT | +0.0318% | 4h | 0.1928 | −0.057% | $13.6M | $17.1M | 50x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1929 | +0.001% | $0 | — | 5x | as long as short |
| Binance FARTCOINUSDT | +0.0431% | 4h | 0.1928 | −0.040% | $18.5M | $78.6M | 75x | as long as short |
| Aster FARTCOINUSDT | +0.0458% | 4h | 0.1932 | +0.139% | $82K | $192K | 5x | as long as short |
| BingX FARTCOIN-USDT | +0.0466% | 4h | 0.1931 | +0.098% | — | $14.4M | — | as long as short |
| Bybit FARTCOINUSDT | +0.0502% | 4h | 0.1928 | −0.031% | $29.8M | $53.3M | 50x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0516% | 4h | 0.1935 | +0.322% | $253K | $4.4M | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0520% | 4h | 0.1930 | +0.026% | $31.9M | $14.4M | 100x | as long as short |
| Nado FARTCOIN-PERP | +0.0571% | 1h | 0.1930 | +0.073% | $786K | $707K | 10x | as long as short |
| Extended FARTCOIN-USD | +0.0632% | 1h | 0.1929 | +0.021% | $211K | $2.0M | 25x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0644% | 1h | 0.1930 | +0.047% | $24K | $211K | 50x | as long as short |
| Phoenix FARTCOIN | +0.0661% | 1h | 0.1937 | +0.420% | $153K | $218K | 10x | as long as short |
| BloFin FARTCOIN-USDT | +0.0671% | 4h | 0.1933 | +0.202% | $952K | $2.0M | 75x | as long as short |
| Lighter FARTCOIN | +0.0696% | 1h | 0.1930 | +0.052% | $622K | $1.3M | 10x | as long as short |
| Variational Omni FARTCOIN | +0.0699% | 4h | 0.1932 | +0.131% | $802K | $2.7M | — | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0756% | 1h | 0.1929 | −0.010% | $750K | $1.9M | 50x | as long as short |
| Hyperliquid FARTCOINshort | +0.0783% | 1h | 0.1930 | +0.041% | $42.4M | $29.0M | 10x | |
| Arcus FARTCOIN-USD | +0.0833% | 1h | 0.1931 | +0.098% | $14K | $112K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0892% | 4h | 0.1930 | +0.047% | $24K | $3K | 20x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0992% | 1h | 0.1930 | +0.073% | $396 | $386 | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1032% | 1h | 0.1938 | +0.461% | $1.1M | $7.3M | 50x | as long as short |
Deribit FARTCOIN_USDC-PERPETUAL
Hyperliquid FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Polymarket Perps FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
OKX FARTCOIN-USDT-SWAP
Gate FARTCOIN_USDT
Bulk FARTCOIN-USD
Backpack FARTCOIN_USDC_PERP
KuCoin FARTCOINUSDTM
GMX FARTCOIN/USD [WBTC.b-USDC]
Pacifica FARTCOIN
Bitget FARTCOINUSDT
Binance FARTCOINUSDT
Aster FARTCOINUSDT
BingX FARTCOIN-USDT
Bybit FARTCOINUSDT
GRVT FARTCOIN_USDT_Perp
MEXC FARTCOIN_USDT
Extended FARTCOIN-USD
ApeX Omni FARTCOINUSDT
Phoenix FARTCOIN
BloFin FARTCOIN-USDT
Lighter FARTCOIN
Variational Omni FARTCOIN
Kraken Futures PF_FARTCOINUSD
01 Exchange FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX