Funding arb · Price arb /

FARTCOIN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.1278%/8h= −139.9% APRpaid last 24h −0.190%

Price spread now: OKX against Hyperliquid+0.385%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$490.492% of the position

Long on Hyperliquid Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.226%−$23 on $10k

Price spread, last 7 days−0.399%−$40 · spread now +0.385%, 7d avg +0.003%

Together, before fees−0.625%+ Points / potential airdropHyperliquid: Season 2 · farm board−$62 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.382% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.385% now, against its 7-day average of +0.003%): +$38 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.226% in total) that is about 12 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.226% in total (about -11.8% a year). A funding rate is set anew for every payment. 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	Hyperliquid FARTCOIN	0.2054	0.1506	pay 0.0188% / 1h	21m 36s	$49.3M	$32.9M	10x
Short	OKX FARTCOIN-USDT-SWAP	0.2062	0.0229	get 0.0114% / 4h	3h 21m	$5.1M	$17.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.385%Rate

Funding earned: −$268.33
Price spread: +0.385% → +0.003%: $38.17
Slippage, 4 orders: −$30.21
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$279.36
Costs to cover: 0.492%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 12 min ago; OKX: live order book, 2 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, 12 min ago	0.49 bp	14.3 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	2.44 bp	14.7 bp −$15	51.2 bp −$512	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	0.2049	−0.248%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−3.413%	$1K	$5	5.5x	as long as short
Bybit FARTCOINUSDT	+0.0100%	4h	0.2060	+0.297%	$32.4M	$56.5M	50x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.2046	−0.394%	$81K	−$0	10x	as long as short
MEXC FARTCOIN_USDT	+0.0100%	4h	0.2056	+0.117%	$25.3M	$15.2M	100x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.2053	−0.058%	$2K	$1.8M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.2052	−0.102%	$164K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.2051	−0.151%	$71K	$151K	20x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0140%	1h	0.2050	−0.185%	$124K	$57K	25x	as long as short
Aevo FARTCOIN-PERP	+0.0184%	1h	0.2052	−0.114%	$33K	—	3x	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	+0.0209%	1h	0.2052	−0.102%	$112K	$933K	10x	as long as short
Bitget FARTCOINUSDT	+0.0210%	4h	0.2062	+0.385%	$14.5M	$18.4M	50x	as long as short
OKX FARTCOIN-USDT-SWAPshort	+0.0229%	4h	0.2062	+0.385%	$5.1M	$17.7M	20x
Gate FARTCOIN_USDT	+0.0234%	4h	0.2058	+0.185%	$11.6M	$9.3M	75x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0295%	1h	0.2052	−0.124%	$775K	$2.1M	50x	as long as short
KuCoin FARTCOINUSDTM	+0.0356%	4h	0.2058	+0.190%	$10.9M	$15.6M	50x	as long as short
Variational Omni FARTCOIN	+0.0362%	4h	0.2054	+0.003%	$1.1M	$3.1M	—	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0384%	4h	0.2044	−0.491%	$258K	$4.5M	10x	as long as short
Binance FARTCOINUSDT	+0.0401%	4h	0.2058	+0.212%	$20.5M	$86.5M	75x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2051	−0.143%	$0	—	5x	as long as short
BingX FARTCOIN-USDC	+0.0420%	4h	0.2062	+0.385%	—	$6.5M	—	as long as short
Lighter FARTCOIN	+0.0448%	1h	0.2055	+0.024%	$742K	$1.6M	10x	as long as short
Aster FARTCOINUSDT	+0.0451%	4h	0.2055	+0.065%	$90K	$214K	5x	as long as short
Nado FARTCOIN-PERP	+0.0483%	1h	0.2050	−0.200%	$814K	$784K	10x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0487%	1h	0.2049	−0.273%	$89K	$298K	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0508%	1h	0.2049	−0.248%	$27K	$202K	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0520% / S −0.0892%	1h	0.2050	−0.223%	$51K	—	100x	as long as short
Arcus FARTCOIN-USD	+0.0527%	1h	0.2063	+0.433%	$15K	$88K	10x	as long as short
Phoenix FARTCOIN	+0.0556%	1h	0.2053	−0.063%	$161K	$202K	10x	as long as short
Pacifica FARTCOIN	+0.0600%	1h	0.2059	+0.240%	$198K	$460K	10x	as long as short
BloFin FARTCOIN-USDT	+0.0639%	4h	0.2053	−0.054%	$1.0M	$2.2M	75x	as long as short
Extended FARTCOIN-USD	+0.0640%	1h	0.2063	+0.425%	$239K	$2.1M	25x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0862%	4h	0.2051	−0.151%	$25K	$4K	20x	as long as short
01 Exchange FARTCOINUSD	+0.0920%	1h	0.2052	−0.102%	$421	$386	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1120%	1h	0.2055	+0.063%	$1.1M	$9.0M	50x	as long as short
Hyperliquid FARTCOINlong	+0.1506%	1h	0.2054	long leg	$49.3M	$32.9M	10x