FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0293%/8h= −32.1% APRnext payment −$0.37 per $10,000 · paid last 24h −0.116%

Price spread now: Phoenix against Kraken Futures−0.263%7-day average +0.103% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$940.942% of the position

Long on Kraken Futures Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.263%, 7d avg +0.103%

Together, before fees+0.102%+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Phoenix is 0.365% cheaper against Kraken Futures than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of +0.103%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.37 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	Kraken Futures PF_FARTCOINUSD	0.2013	0.0531	pay 0.0066% / 1h	45m 06s	$774K	$2.2M	50x
Short	Phoenix FARTCOIN	0.2008	0.0238	get 0.0030% / 1h	45m 06s	$158K	$219K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Kraken Futures. 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 Kraken FuturesbpFee PhoenixbpOrdersPrice spread, now −0.263%Rate

Funding earned: −$61.63
Price spread: −0.263% → +0.103%: −$36.53
Slippage, 4 orders: −$77.18
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$192.34
Costs to cover: 0.942%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 3 min ago; Phoenix: live order book, 62 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 Kraken Futures live order book, 3 min ago	12.38 bp	28.1 bp −$28	54.4 bp −$544	doesn't fit	doesn't fit
Sell Phoenix live order book, 62 min ago	2.93 bp	20.3 bp −$20	58.4 bp −$584	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	0.2007	−0.277%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−1.440%	$1K	$5	5.5x	as long as short
Bybit FARTCOINUSDT	+0.0100%	4h	0.2011	−0.094%	$31.6M	$58.0M	50x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.2024	+0.564%	$80K	−$0	10x	as long as short
MEXC FARTCOIN_USDT	+0.0100%	4h	0.2009	−0.203%	$24.8M	$15.4M	100x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.2013	−0.014%	$1K	$1.8M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.2012	−0.049%	$161K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.2009	−0.223%	$70K	$152K	20x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0128%	1h	0.2011	−0.074%	$86K	$310K	10x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0157%	1h	0.2009	−0.173%	$109K	$940K	10x	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	+0.0168%	1h	0.2009	−0.184%	$32K	—	3x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0208%	4h	0.2011	−0.099%	$5.0M	$17.7M	20x	as long as short
Lighter FARTCOIN	+0.0232%	1h	0.2013	−0.014%	$652K	$1.7M	10x	as long as short
Phoenix FARTCOINshort	+0.0238%	1h	0.2008	−0.263%	$158K	$219K	10x
Gate FARTCOIN_USDT	+0.0244%	4h	0.2009	−0.188%	$11.3M	$9.5M	75x	as long as short
Bitget FARTCOINUSDT	+0.0246%	4h	0.2014	+0.050%	$14.1M	$18.7M	50x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0248%	1h	0.2010	−0.168%	$121K	$55K	25x	as long as short
KuCoin FARTCOINUSDTM	+0.0322%	4h	0.2011	−0.099%	$10.8M	$15.7M	50x	as long as short
Aster FARTCOINUSDT	+0.0327%	4h	0.2012	−0.052%	$84K	$230K	5x	as long as short
Binance FARTCOINUSDT	+0.0332%	4h	0.2011	−0.099%	$19.8M	$89.0M	75x	as long as short
Variational Omni FARTCOIN	+0.0336%	4h	0.2004	−0.447%	$1.1M	$3.1M	—	as long as short
BingX FARTCOIN-USDC	+0.0354%	4h	0.2010	−0.148%	—	$6.5M	—	as long as short
Nado FARTCOIN-PERP	+0.0358%	1h	0.2009	−0.198%	$802K	$806K	10x	as long as short
Pacifica FARTCOIN	+0.0362%	1h	0.2011	−0.111%	$193K	$478K	10x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0368%	4h	0.2007	−0.296%	$256K	$4.6M	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0374%	1h	0.2005	−0.397%	$28K	$202K	50x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2010	−0.140%	$0	—	5x	as long as short
Arcus FARTCOIN-USD	+0.0518%	1h	0.2010	−0.148%	$14K	$89K	10x	as long as short
Kraken Futures PF_FARTCOINUSDlong	+0.0531%	1h	0.2013	long leg	$774K	$2.2M	50x
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0563% / S −0.0723%	1h	0.2007	−0.276%	$56K	—	100x	as long as short
BloFin FARTCOIN-USDT	+0.0572%	4h	0.2015	+0.100%	$1.0M	$2.1M	75x	as long as short
01 Exchange FARTCOINUSD	+0.0592%	1h	0.2011	−0.124%	$413	$477	10x	as long as short
Extended FARTCOIN-USD	+0.0608%	1h	0.2012	−0.051%	$234K	$1.8M	25x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0824%	4h	0.2009	−0.198%	$25K	$4K	20x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1008%	1h	0.2011	−0.079%	$1.0M	$9.2M	50x	as long as short
Hyperliquid FARTCOIN	+0.1145%	1h	0.2014	+0.040%	$49.2M	$35.6M	10x	as long as short