Funding you earn now, next payment 03:00 UTC+0.0316%/8h= +34.6% APRpaid last 24h +0.075%
Price spread now: Phoenix against KuCoin+0.216%48s7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$940.941% of the position
Funding, last 7 days+0.490%+$49 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.216%, 7d avg +0.055%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Phoenix is 0.161% dearer against KuCoin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.055%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FARTCOINUSDTM | 0.1995 | 0.0388 | pay 0.0194% / 4h | 8m 38s | $10.8M | $15.5M | 50x |
| Short | Phoenix FARTCOIN | 0.1999 | 0.0704 | get 0.0088% / 1h | 8m 38s | $158K | $211K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against KuCoin. 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
- $66.36
- Price spread: +0.216% → +0.055%
- $16.06
- Slippage, 4 orders
- −$75.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$11.67
- Costs to cover
- 0.941%
- Break-even
- 8.2 days
Slippage from KuCoin: live order book, 10 min ago; Phoenix: live order book, 43 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 KuCoin live order book, 10 min ago | 2.53 bp | 33.6 bp −$34 | 399.8 bp −$3,998 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 43 min ago | 3.09 bp | 20.3 bp −$20 | 58.7 bp −$587 | 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 | 0.1996 | +0.050% | $585 | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −0.551% | $1K | $5 | 5.5x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1985 | −0.526% | $78K | $2K | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.2005 | +0.481% | $2K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1998 | +0.150% | $160K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.2000 | +0.251% | $70K | $151K | 20x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0121% | 1h | 0.1998 | +0.175% | $114K | $882K | 10x | as long as short |
| Aevo FARTCOIN-PERP | +0.0184% | 1h | 0.1995 | −0.022% | $32K | — | 3x | as long as short |
| Bitget FARTCOINUSDT | +0.0208% | 4h | 0.1994 | −0.050% | $13.8M | $17.7M | 50x | as long as short |
| Gate FARTCOIN_USDT | +0.0216% | 4h | 0.1994 | −0.025% | $11.3M | $9.0M | 75x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit FARTCOINUSDT | +0.0237% | 4h | 0.1995 | −0.010% | $31.1M | $54.1M | 50x | as long as short |
| MEXC FARTCOIN_USDT | +0.0238% | 4h | 0.1995 | +0.015% | $23.2M | $14.7M | 100x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0244% | 1h | 0.1993 | −0.075% | $96K | $274K | 10x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0278% | 4h | 0.1996 | +0.050% | $4.9M | $16.2M | 20x | as long as short |
| Pacifica FARTCOIN | +0.0348% | 1h | 0.1995 | 0.000% | $193K | $426K | 10x | as long as short |
| KuCoin FARTCOINUSDTMlong | +0.0388% | 4h | 0.1995 | long leg | $10.8M | $15.5M | 50x | |
| BingX FARTCOIN-USDC | +0.0390% | 4h | 0.1995 | 0.000% | — | $6.5M | — | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1999 | +0.198% | $0 | — | 5x | as long as short |
| Binance FARTCOINUSDT | +0.0414% | 4h | 0.1996 | +0.031% | $19.3M | $81.7M | 75x | as long as short |
| Lighter FARTCOIN | +0.0416% | 1h | 0.1996 | +0.035% | $684K | $1.6M | 10x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0442% / S −0.0660% | 1h | 0.1997 | +0.085% | $45K | — | 100x | as long as short |
| Variational Omni FARTCOIN | +0.0461% | 4h | 0.1994 | −0.036% | $953K | $2.9M | — | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0492% | 4h | 0.1995 | −0.018% | $259K | $4.4M | 10x | as long as short |
| Aster FARTCOINUSDT | +0.0501% | 4h | 0.1993 | −0.125% | $88K | $205K | 5x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0541% | 1h | 0.1994 | −0.050% | $25K | $211K | 50x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0584% | 1h | 0.1996 | +0.075% | $767K | $2.0M | 50x | as long as short |
| Extended FARTCOIN-USD | +0.0608% | 1h | 0.1995 | −0.015% | $233K | $2.1M | 25x | as long as short |
| BloFin FARTCOIN-USDT | +0.0653% | 4h | 0.1994 | −0.050% | $984K | $2.1M | 75x | as long as short |
| Nado FARTCOIN-PERP | +0.0658% | 1h | 0.1998 | +0.154% | $786K | $755K | 10x | as long as short |
| Phoenix FARTCOINshort | +0.0704% | 1h | 0.1999 | +0.216% | $158K | $211K | 10x | |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0801% | 1h | 0.2001 | +0.281% | $125K | $53K | 25x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0872% | 4h | 0.2002 | +0.351% | $25K | $4K | 20x | as long as short |
| Arcus FARTCOIN-USD | +0.0973% | 1h | 0.1995 | 0.000% | $14K | $84K | 10x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0984% | 1h | 0.1998 | +0.140% | $410 | $386 | 10x | as long as short |
| Hyperliquid FARTCOIN | +0.1099% | 1h | 0.1996 | +0.055% | $45.5M | $30.6M | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1152% | 1h | 0.2002 | +0.371% | $1.1M | $8.2M | 50x | as long as short |
KuCoin FARTCOINUSDTM
Phoenix FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Bulk FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Polymarket Perps FARTCOIN-USD
Bitget FARTCOINUSDT
Gate FARTCOIN_USDT
Bybit FARTCOINUSDT
MEXC FARTCOIN_USDT
Backpack FARTCOIN_USDC_PERP
OKX FARTCOIN-USDT-SWAP
Pacifica FARTCOIN
BingX FARTCOIN-USDC
Binance FARTCOINUSDT
Lighter FARTCOIN
GMX FARTCOIN/USD [WBTC.b-USDC]
Variational Omni FARTCOIN
GRVT FARTCOIN_USDT_Perp
Aster FARTCOINUSDT
ApeX Omni FARTCOINUSDT
Kraken Futures PF_FARTCOINUSD
Extended FARTCOIN-USD
BloFin FARTCOIN-USDT
Deribit FARTCOIN_USDC-PERPETUAL
01 Exchange FARTCOINUSD
Hyperliquid FARTCOIN
Coinbase International FARTCOIN-PERP-INTX