FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0202%/8h= −22.2% APRnext payment −$0.25 per $10,000 · paid last 24h −0.186%

Price spread now: Backpack against Hyperliquid0.000%7-day average −0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs+$1as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$360.360% of the position

Long on Hyperliquid Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days+0.370%+$37 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now 0.000%, 7d avg −0.108%

Together, before fees+0.390%+ Points / potential airdropHyperliquid: Season 2 · farm board+$39 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Backpack is 0.108% dearer against Hyperliquid than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.108%): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 43 hours. Mind the row above: over the last 7 days funding on this pair paid +0.370%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid FARTCOIN	0.1983	0.0419	pay 0.0052% / 1h	34m 28s	$47.5M	$38.4M	10x
Short	Backpack FARTCOIN_USDC_PERP	0.1983	0.0217	get 0.0027% / 1h	34m 28s	$70K	$333K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee BackpackbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$42.5
Price spread: 0.000% → −0.108%: $10.75
Slippage, 4 orders: −$17.04
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$67.78
Costs to cover: 0.360%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 9 min ago; Backpack: live order book, 9 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 Hyperliquid live order book, 9 min ago	1.75 bp	10.8 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Backpack live order book, 9 min ago	0.25 bp	7.6 bp −$8	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	0.1980	−0.107%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+0.076%	$1K	$5	5.5x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0100%	4h	0.1982	−0.025%	$4.7M	$18.8M	20x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.2001	+0.933%	$79K	−$0	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1986	+0.202%	$1K	$1.8M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1984	+0.076%	$159K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1991	+0.429%	$69K	$160K	20x	as long as short
Aevo FARTCOIN-PERP	+0.0144%	1h	0.1983	+0.041%	$32K	—	3x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0154%	1h	0.1983	+0.015%	$118K	$57K	25x	as long as short
ApeX Omni FARTCOINUSDT	+0.0183%	1h	0.1989	+0.328%	$28K	$194K	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps FARTCOIN-USD	+0.0194%	1h	0.1982	−0.030%	$108K	$981K	10x	as long as short
Extended FARTCOIN-USD	+0.0200%	1h	0.1983	+0.011%	$206K	$1.6M	25x	as long as short
Aster FARTCOINUSDT	+0.0201%	4h	0.1984	+0.062%	$83K	$235K	5x	as long as short
Backpack FARTCOIN_USDC_PERPshort	+0.0217%	1h	0.1983	0.000%	$70K	$333K	10x
Pacifica FARTCOIN	+0.0222%	1h	0.1983	+0.025%	$187K	$500K	10x	as long as short
Bybit FARTCOINUSDT	+0.0235%	4h	0.1982	−0.030%	$30.7M	$60.7M	50x	as long as short
Binance FARTCOINUSDT	+0.0239%	4h	0.1983	+0.025%	$19.3M	$92.5M	75x	as long as short
MEXC FARTCOIN_USDT	+0.0252%	4h	0.1981	−0.050%	$24.5M	$15.8M	100x	as long as short
Gate FARTCOIN_USDT	+0.0272%	4h	0.1982	−0.015%	$11.1M	$9.9M	75x	as long as short
Bitget FARTCOINUSDT	+0.0314%	4h	0.1984	+0.076%	$13.9M	$19.0M	50x	as long as short
BingX FARTCOIN-USDC	+0.0316%	4h	0.1981	−0.076%	—	$6.5M	—	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0318%	4h	0.1988	+0.294%	$257K	$4.7M	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0364%	4h	0.1984	+0.076%	$10.9M	$15.8M	50x	as long as short
Variational Omni FARTCOIN	+0.0386%	4h	0.1982	−0.020%	$1.0M	$3.2M	—	as long as short
Arcus FARTCOIN-USD	+0.0389%	1h	0.1984	+0.076%	$14K	$87K	10x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1983	+0.009%	$0	—	5x	as long as short
Hyperliquid FARTCOINlong	+0.0419%	1h	0.1983	long leg	$47.5M	$38.4M	10x
Lighter FARTCOIN	+0.0432%	1h	0.1984	+0.061%	$585K	$1.8M	10x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0437% / S −0.0523%	1h	0.1981	−0.066%	$55K	—	100x	as long as short
BloFin FARTCOIN-USDT	+0.0480%	4h	0.1986	+0.177%	$988K	$2.2M	75x	as long as short
Phoenix FARTCOIN	+0.0557%	1h	0.1990	+0.378%	$157K	$234K	10x	as long as short
01 Exchange FARTCOINUSD	+0.0624%	1h	0.1985	+0.136%	$407	$477	10x	as long as short
Nado FARTCOIN-PERP	+0.0655%	1h	0.1982	0.000%	$783K	$828K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0730%	4h	0.1983	+0.025%	$24K	$4K	20x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0781%	1h	0.1984	+0.053%	$788K	$2.3M	50x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1024%	1h	0.1988	+0.288%	$1.1M	$9.6M	50x	as long as short