Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Deribit−0.050%7-day average +0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.050%, 7d avg +0.103%
=Together, before fees−0.072%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.153% cheaper against Deribit than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.103%). If the spread goes back, that is −$15 on $10k: about 19 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.003% in total) that is about 12 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit FARTCOIN_USDC-PERPETUAL | 0.2006 | 0.0149 | pay 0.0019% / 1h | 58m 33s | $119K | $57K | 25x |
| Short | Lighter FARTCOIN | 0.2005 | 0.0176 | get 0.0022% / 1h | 58m 33s | $597K | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $5.67
- Price spread: −0.050% → +0.103%
- −$15.33
- Slippage, 4 orders
- −$40.71
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$57.37
- Costs to cover
- 0.477%
- Break-even
- 77.8 days
Slippage from Deribit: live order book, 45 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 Deribit live order book, 45 min ago | 9.01 bp | 12.5 bp −$13 | 83.0 bp −$830 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 3.73 bp | 9.9 bp −$10 | 37.0 bp −$370 | 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 | 0.2004 | −0.075% | $1K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −1.082% | $1K | $5 | 5.5x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0100% | 4h | 0.2006 | +0.015% | $4.7M | $19.3M | 20x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.2008 | +0.115% | $79K | −$0 | 10x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0100% | 1h | 0.2005 | −0.035% | $69K | $334K | 10x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0100% | 1h | 0.2006 | −0.005% | $110K | $973K | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.2008 | +0.125% | $1K | $1.9M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.2007 | +0.065% | $161K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.2011 | +0.279% | $70K | $161K | 20x | as long as short |
| Extended FARTCOIN-USD | +0.0104% | 1h | 0.2005 | −0.049% | $206K | $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 | |
|---|---|---|---|---|---|---|---|---|
| Aevo FARTCOIN-PERP | +0.0144% | 1h | 0.2006 | +0.019% | $32K | — | 3x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUALlong | +0.0149% | 1h | 0.2006 | long leg | $119K | $57K | 25x | |
| Hyperliquid FARTCOIN | +0.0161% | 1h | 0.2007 | +0.050% | $48.1M | $39.3M | 10x | as long as short |
| Pacifica FARTCOIN | +0.0170% | 1h | 0.2004 | −0.084% | $187K | $503K | 10x | as long as short |
| Lighter FARTCOINshort | +0.0176% | 1h | 0.2005 | −0.050% | $597K | $1.8M | 10x | |
| Aster FARTCOINUSDT | +0.0179% | 4h | 0.2004 | −0.079% | $83K | $235K | 5x | as long as short |
| Bybit FARTCOINUSDT | +0.0193% | 4h | 0.2004 | −0.065% | $31.3M | $61.6M | 50x | as long as short |
| MEXC FARTCOIN_USDT | +0.0200% | 4h | 0.2003 | −0.150% | $24.8M | $15.7M | 100x | as long as short |
| Binance FARTCOINUSDT | +0.0239% | 4h | 0.2005 | −0.052% | $19.5M | $93.7M | 75x | as long as short |
| Bitget FARTCOINUSDT | +0.0304% | 4h | 0.2006 | +0.015% | $14.0M | $19.0M | 50x | as long as short |
| BingX FARTCOIN-USDT | +0.0324% | 4h | 0.2003 | −0.135% | — | $14.9M | — | as long as short |
| 01 Exchange FARTCOINUSD | +0.0336% | 1h | 0.2007 | +0.075% | $412 | $477 | 10x | as long as short |
| Variational Omni FARTCOIN | +0.0351% | 4h | 0.2008 | +0.095% | $1.0M | $3.2M | — | as long as short |
| Gate FARTCOIN_USDT | +0.0354% | 4h | 0.2002 | −0.170% | $11.2M | $10.0M | 75x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0360% | 4h | 0.2009 | +0.164% | $250K | $4.7M | 10x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.2006 | +0.032% | $0 | — | 5x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0434% | 4h | 0.2006 | +0.015% | $11.0M | $15.8M | 50x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0438% / S −0.0523% | 1h | 0.2004 | −0.071% | $56K | — | 100x | as long as short |
| BloFin FARTCOIN-USDT | +0.0479% | 4h | 0.2006 | +0.015% | $999K | $2.3M | 75x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0486% | 1h | 0.2008 | +0.115% | $28K | $192K | 50x | as long as short |
| Phoenix FARTCOIN | +0.0557% | 1h | 0.2014 | +0.404% | $159K | $231K | 10x | as long as short |
| Nado FARTCOIN-PERP | +0.0580% | 1h | 0.2007 | +0.065% | $796K | $833K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0691% | 4h | 0.2007 | +0.065% | $25K | $4K | 20x | as long as short |
| Arcus FARTCOIN-USD | +0.0826% | 1h | 0.2007 | +0.065% | $14K | $87K | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0877% | 1h | 0.2007 | +0.075% | $817K | $2.4M | 50x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1056% | 1h | 0.2019 | +0.678% | $1.2M | $9.8M | 50x | as long as short |
Deribit FARTCOIN_USDC-PERPETUAL
Lighter FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
OKX FARTCOIN-USDT-SWAP
Bulk FARTCOIN-USD
Backpack FARTCOIN_USDC_PERP
Polymarket Perps FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Extended FARTCOIN-USD
Hyperliquid FARTCOIN
Pacifica FARTCOIN
Aster FARTCOINUSDT
Bybit FARTCOINUSDT
MEXC FARTCOIN_USDT
Binance FARTCOINUSDT
Bitget FARTCOINUSDT
BingX FARTCOIN-USDT
01 Exchange FARTCOINUSD
Variational Omni FARTCOIN
Gate FARTCOIN_USDT
GRVT FARTCOIN_USDT_Perp
KuCoin FARTCOINUSDTM
GMX FARTCOIN/USD [WBTC.b-USDC]
BloFin FARTCOIN-USDT
ApeX Omni FARTCOINUSDT
Phoenix FARTCOIN
Kraken Futures PF_FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX