FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0163%/8h= −17.9% APRnext payment −$0.20 per $10,000 · paid last 24h −0.083%

Price spread now: Backpack against Phoenix−0.520%80s7-day average −0.175% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as 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−$560.562% of the position

Long on Phoenix Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.520%, 7d avg −0.175%

Together, before fees+0.260%+$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Backpack is 0.345% cheaper against Phoenix than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of −0.175%). Swap the legs. The two prices were read 80 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	Phoenix FARTCOIN	0.1961	0.0568	pay 0.0071% / 1h	45m 52s	$155K	$219K	10x
Short	Backpack FARTCOIN_USDC_PERP	0.1950	0.0405	get 0.0051% / 1h	45m 52s	$82K	$265K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Phoenix. 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 PhoenixbpFee BackpackbpOrdersPrice spread, now −0.520%Rate

Funding earned: −$34.32
Price spread: −0.520% → −0.175%: −$34.51
Slippage, 4 orders: −$39.2
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$125.03
Costs to cover: 0.562%
Break-even: never at this rate

Slippage from Phoenix: live order book, 16 min ago; Backpack: live order book, 22 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 Phoenix live order book, 16 min ago	3.05 bp	20.2 bp −$20	66.2 bp −$662	doesn't fit	doesn't fit
Sell Backpack live order book, 22 min ago	1.50 bp	7.7 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 −0.0001%	1h	0.1950	−0.563%	$25K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+1.194%	$1K	$2K	5.5x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1955	−0.281%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1953	−0.388%	$156K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1956	−0.224%	$68K	$152K	20x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0107%	4h	0.1951	−0.490%	$4.8M	$15.0M	20x	as long as short
Aevo FARTCOIN-PERP	+0.0168%	1h	0.1953	−0.362%	$31K	—	3x	as long as short
Bulk FARTCOIN-USD	+0.0182%	1h	0.1962	+0.071%	$77K	$2K	10x	as long as short
Pacifica FARTCOIN	+0.0238%	1h	0.1954	−0.337%	$184K	$425K	10x	as long as short
Aster FARTCOINUSDT	+0.0303%	4h	0.1953	−0.364%	$83K	$196K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate FARTCOIN_USDT	+0.0304%	4h	0.1950	−0.541%	$11.0M	$8.2M	75x	as long as short
KuCoin FARTCOINUSDTM	+0.0316%	4h	0.1951	−0.490%	$10.2M	$15.7M	50x	as long as short
Binance FARTCOINUSDT	+0.0336%	4h	0.1951	−0.507%	$18.8M	$77.4M	75x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0398%	1h	0.1952	−0.454%	$110K	$900K	10x	as long as short
Backpack FARTCOIN_USDC_PERPshort	+0.0405%	1h	0.1950	−0.520%	$82K	$265K	10x
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1953	−0.377%	$0	—	5x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0413% / S −0.0610%	1h	0.1950	−0.527%	$44K	—	100x	as long as short
Bitget FARTCOINUSDT	+0.0454%	4h	0.1951	−0.490%	$13.6M	$17.4M	50x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0464%	4h	0.1958	−0.133%	$251K	$4.3M	10x	as long as short
Nado FARTCOIN-PERP	+0.0536%	1h	0.1953	−0.371%	$792K	$712K	10x	as long as short
Phoenix FARTCOINlong	+0.0568%	1h	0.1961	long leg	$155K	$219K	10x
BloFin FARTCOIN-USDT	+0.0569%	4h	0.1960	−0.031%	$983K	$1.9M	75x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0622%	1h	0.1952	−0.434%	$124K	$95K	25x	as long as short
Extended FARTCOIN-USD	+0.0624%	1h	0.1951	−0.490%	$210K	$2.1M	25x	as long as short
Variational Omni FARTCOIN	+0.0657%	4h	0.1953	−0.411%	$803K	$2.7M	—	as long as short
BingX FARTCOIN-USDT	+0.0666%	4h	0.1952	−0.439%	—	$14.4M	—	as long as short
Bybit FARTCOINUSDT	+0.0678%	4h	0.1951	−0.479%	$30.1M	$52.2M	50x	as long as short
MEXC FARTCOIN_USDT	+0.0702%	4h	0.1951	−0.479%	$32.4M	$14.2M	100x	as long as short
Lighter FARTCOIN	+0.0720%	1h	0.1954	−0.342%	$774K	$1.2M	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0752%	4h	0.1953	−0.388%	$24K	$3K	20x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0769%	1h	0.1951	−0.504%	$758K	$1.9M	50x	as long as short
Arcus FARTCOIN-USD	+0.0839%	1h	0.1954	−0.337%	$14K	$111K	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0916%	1h	0.1959	−0.082%	$26K	$216K	50x	as long as short
Hyperliquid FARTCOIN	+0.0935%	1h	0.1953	−0.413%	$43.5M	$27.5M	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.0976%	1h	0.1958	−0.107%	$1.0M	$7.6M	50x	as long as short
01 Exchange FARTCOINUSD	+0.1016%	1h	0.1955	−0.301%	$396	$381	10x	as long as short