Funding you earn now, next payment 22:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h −0.018%
Price spread now: Deribit against Phoenix−0.109%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$600.604% of the position
Funding, last 7 days−0.409%−$41 on $10k
+Price spread, last 3 days (all we have)+0.127%+$13 · spread now −0.109%, 7d avg −0.131%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.022% dearer against Phoenix than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.131%. Mind the row above: over the last 7 days funding on this pair cost −0.409%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix FARTCOIN | 0.1922 | 0.0463 | pay 0.0058% / 1h | 44m 58s | $112K | $172K | 10x |
| Short | Deribit FARTCOIN_USDC-PERPETUAL | 0.1920 | 0.0480 | get 0.0060% / 1h | 44m 58s | $122K | $95K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Phoenix. 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
- $3.66
- Price spread: −0.109% → −0.131%
- $2.21
- Slippage, 4 orders
- −$46.37
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$54.51
- Costs to cover
- 0.604%
- Break-even
- 111.3 days
Slippage from Phoenix: live order book, 31 min ago; Deribit: live order book, 38 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, 31 min ago | 3.12 bp | 20.4 bp −$20 | 66.4 bp −$664 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 38 min ago | 4.93 bp | 11.2 bp −$11 | 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 −0.0002% | 1h | 0.1917 | −0.266% | $33K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +3.242% | $1K | $4K | 5.5x | as long as short |
| Lighter FARTCOIN | +0.0096% | 1h | 0.1920 | −0.083% | $577K | $865K | 10x | as long as short |
| Aster FARTCOINUSDT | +0.0100% | 4h | 0.1919 | −0.141% | $77K | $192K | 5x | as long as short |
| Binance FARTCOINUSDT | +0.0100% | 4h | 0.1921 | −0.048% | $18.3M | $72.9M | 75x | as long as short |
| Bybit FARTCOINUSDT | +0.0100% | 4h | 0.1921 | −0.036% | $29.7M | $49.5M | 50x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1915 | −0.349% | $76K | $20K | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0100% | 4h | 0.1920 | −0.083% | $31.6M | $13.8M | 100x | as long as short |
| Bitget FARTCOINUSDT | +0.0100% | 4h | 0.1923 | +0.068% | $13.4M | $15.2M | 50x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0100% | 4h | 0.1917 | −0.244% | $249K | $4.4M | 10x | 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 | +0.0100% | 1h | 0.1920 | −0.062% | $105K | $847K | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1923 | +0.062% | $2K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1920 | −0.088% | $154K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1920 | −0.109% | $66K | $174K | 20x | as long as short |
| Aevo FARTCOIN-PERP | +0.0104% | 1h | 0.1919 | −0.141% | $31K | — | 3x | as long as short |
| BingX FARTCOIN-USDT | +0.0134% | 4h | 0.1920 | −0.088% | — | $14.6M | — | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0150% | 4h | 0.1923 | +0.068% | $4.5M | $13.5M | 20x | as long as short |
| Pacifica FARTCOIN | +0.0166% | 1h | 0.1921 | −0.060% | $180K | $412K | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0174% | 4h | 0.1920 | −0.088% | $10.2M | $15.9M | 50x | as long as short |
| Variational Omni FARTCOIN | +0.0236% | 4h | 0.1917 | −0.225% | $792K | $2.5M | — | as long as short |
| Nado FARTCOIN-PERP | +0.0265% | 1h | 0.1923 | +0.042% | $778K | $695K | 10x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0284% / S −0.0294% | 1h | 0.1917 | −0.244% | $47K | — | 100x | as long as short |
| Extended FARTCOIN-USD | +0.0296% | 1h | 0.1922 | +0.023% | $200K | $2.1M | 25x | as long as short |
| Gate FARTCOIN_USDT | +0.0314% | 4h | 0.1919 | −0.120% | $10.8M | $7.9M | 75x | as long as short |
| BloFin FARTCOIN-USDT | +0.0340% | 4h | 0.1918 | −0.193% | $949K | $1.8M | 75x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1921 | −0.033% | $0 | — | 5x | as long as short |
| Phoenix FARTCOINlong | +0.0463% | 1h | 0.1922 | long leg | $112K | $172K | 10x | |
| Backpack FARTCOIN_USDC_PERP | +0.0466% | 1h | 0.1920 | −0.109% | $85K | $247K | 10x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUALshort | +0.0480% | 1h | 0.1920 | −0.109% | $122K | $95K | 25x | |
| Arcus FARTCOIN-USD | +0.0557% | 1h | 0.1921 | −0.036% | $14K | $111K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0565% | 4h | 0.1920 | −0.088% | $24K | $3K | 20x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0696% | 1h | 0.1924 | +0.104% | $390 | $381 | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0813% | 1h | 0.1921 | −0.048% | $746K | $1.7M | 50x | as long as short |
| Hyperliquid FARTCOIN | +0.0916% | 1h | 0.1922 | 0.000% | $42.5M | $26.7M | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.0968% | 1h | 0.1924 | +0.125% | $952K | $7.6M | 50x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.1418% | 1h | 0.1916 | −0.297% | $26K | $227K | 50x | as long as short |
Phoenix FARTCOIN
Deribit FARTCOIN_USDC-PERPETUAL
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Lighter FARTCOIN
Aster FARTCOINUSDT
Binance FARTCOINUSDT
Bybit FARTCOINUSDT
Bulk FARTCOIN-USD
MEXC FARTCOIN_USDT
Bitget FARTCOINUSDT
GRVT FARTCOIN_USDT_Perp
Polymarket Perps FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
BingX FARTCOIN-USDT
OKX FARTCOIN-USDT-SWAP
Pacifica FARTCOIN
KuCoin FARTCOINUSDTM
Variational Omni FARTCOIN
GMX FARTCOIN/USD [WBTC.b-USDC]
Extended FARTCOIN-USD
Gate FARTCOIN_USDT
BloFin FARTCOIN-USDT
Backpack FARTCOIN_USDC_PERP
01 Exchange FARTCOINUSD
Kraken Futures PF_FARTCOINUSD
Hyperliquid FARTCOIN
Coinbase International FARTCOIN-PERP-INTX
ApeX Omni FARTCOINUSDT