Funding arb · Price arb /

FARTCOIN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0341%/8h= −37.3% APRpaid last 24h −0.092%

Price spread now: Bitget against Phoenix−0.785%79s7-day average −0.115% · you buy dearer than you sell

Net, funding: paid 7d − costs−$136as 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−$700.703% of the position

Long on Phoenix Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.654%−$65 on $10k

Price spread, last 4 days (all we have)+0.367%+$37 · spread now −0.785%, 7d avg −0.115%

Together, before fees−0.288%−$29 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bitget is 0.670% cheaper against Phoenix than usual: you would sell low and buy high (−$67 if the spread goes back to its 7-day average of −0.115%). Swap the legs. The two prices were read 79 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	0.1937	0.0661	pay 0.0083% / 1h	6m 02s	$153K	$218K	10x
Short	Bitget FARTCOINUSDT	0.1922	0.0320	get 0.0160% / 4h	1h 06m	$13.6M	$17.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.785%Rate

Funding earned: −$71.61
Price spread: −0.785% → −0.115%: −$66.99
Slippage, 4 orders: −$51.28
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$208.88
Costs to cover: 0.703%
Break-even: never at this rate

Slippage from Phoenix: live order book, 51 min ago; Bitget: live order book, 3 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, 51 min ago	3.11 bp	20.3 bp −$20	66.4 bp −$664	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	2.59 bp	13.4 bp −$13	25.0 bp −$250	84.4 bp −$8,443	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	0.1922	−0.785%	$563	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+2.416%	$1K	$2K	5.5x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0100%	1h	0.1923	−0.723%	$108K	$867K	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1925	−0.604%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1924	−0.681%	$154K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1929	−0.423%	$67K	$151K	20x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0166%	1h	0.1922	−0.785%	$122K	$69K	25x	as long as short
Aevo FARTCOIN-PERP	+0.0184%	1h	0.1924	−0.681%	$31K	—	3x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0216%	4h	0.1921	−0.836%	$4.7M	$14.9M	20x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0229%	1h	0.1920	−0.867%	$81K	$253K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk FARTCOIN-USD	+0.0238%	1h	0.1935	−0.135%	$76K	$2K	10x	as long as short
Gate FARTCOIN_USDT	+0.0246%	4h	0.1922	−0.805%	$10.9M	$8.8M	75x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0304% / S −0.0023%	1h	0.1921	−0.814%	$73K	—	100x	as long as short
Pacifica FARTCOIN	+0.0311%	1h	0.1927	−0.532%	$180K	$419K	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0318%	4h	0.1924	−0.681%	$10.1M	$15.4M	50x	as long as short
Bitget FARTCOINUSDTshort	+0.0320%	4h	0.1922	−0.785%	$13.6M	$17.1M	50x
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1925	−0.641%	$0	—	5x	as long as short
Binance FARTCOINUSDT	+0.0424%	4h	0.1922	−0.770%	$18.4M	$78.8M	75x	as long as short
Aster FARTCOINUSDT	+0.0454%	4h	0.1925	−0.616%	$81K	$192K	5x	as long as short
BingX FARTCOIN-USDT	+0.0478%	4h	0.1920	−0.888%	—	$14.4M	—	as long as short
Bybit FARTCOINUSDT	+0.0504%	4h	0.1920	−0.883%	$29.6M	$53.3M	50x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0512%	4h	0.1932	−0.285%	$253K	$4.4M	10x	as long as short
MEXC FARTCOIN_USDT	+0.0520%	4h	0.1923	−0.749%	$31.8M	$14.4M	100x	as long as short
Nado FARTCOIN-PERP	+0.0578%	1h	0.1925	−0.654%	$784K	$705K	10x	as long as short
Extended FARTCOIN-USD	+0.0624%	1h	0.1923	−0.733%	$211K	$2.0M	25x	as long as short
Phoenix FARTCOINlong	+0.0661%	1h	0.1937	long leg	$153K	$218K	10x
ApeX Omni FARTCOINUSDT	+0.0663%	1h	0.1929	−0.423%	$26K	$212K	50x	as long as short
BloFin FARTCOIN-USDT	+0.0663%	4h	0.1932	−0.268%	$952K	$2.0M	75x	as long as short
Variational Omni FARTCOIN	+0.0698%	4h	0.1923	−0.734%	$801K	$2.7M	—	as long as short
Lighter FARTCOIN	+0.0704%	1h	0.1925	−0.614%	$621K	$1.3M	10x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0758%	1h	0.1923	−0.749%	$745K	$1.9M	50x	as long as short
Hyperliquid FARTCOIN	+0.0789%	1h	0.1923	−0.728%	$42.5M	$29.2M	10x	as long as short
Arcus FARTCOIN-USD	+0.0833%	1h	0.1924	−0.681%	$14K	$112K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0895%	4h	0.1924	−0.681%	$24K	$3K	20x	as long as short
01 Exchange FARTCOINUSD	+0.0984%	1h	0.1926	−0.583%	$395	$386	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1032%	1h	0.1934	−0.160%	$1.1M	$7.3M	50x	as long as short