FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0377%/8h= +41.3% APRnext payment +$0.47 per $10,000 · paid last 24h +0.080%

Price spread now: Hyperliquid against Phoenix−0.342%61s7-day average −0.070% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as 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−$610.605% of the position

Long on Phoenix Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.371%−$37 on $10k

Price spread, last 4 days (all we have)−0.274%−$27 · spread now −0.342%, 7d avg −0.070%

Together, before fees−0.645%+ Points / potential airdropHyperliquid: Season 2 · farm board−$65 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 0.271% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.342% now, against its 7-day average of −0.070%). If the spread goes back, that is −$27 on $10k: about 2.4 days of funding at the current rate (+$11 a day). Mind the row above: over the last 7 days funding on this pair cost −0.371%, so the current rate has only just turned in your favour. The two prices were read 61 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	46m 34s	$155K	$219K	10x
Short	Hyperliquid FARTCOIN	0.1954	0.0945	get 0.0118% / 1h	46m 34s	$43.5M	$27.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now −0.342%Rate

Funding earned: $79.14
Price spread: −0.342% → −0.070%: −$27.15
Slippage, 4 orders: −$44.55
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$8.55
Costs to cover: 0.605%
Break-even: 7.8 days

Slippage from Phoenix: live order book, 16 min ago; Hyperliquid: live order book, 7 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 Hyperliquid live order book, 7 min ago	3.32 bp	10.1 bp −$10	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	0.1955	−0.275%	$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	0.1956	−0.230%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1955	−0.286%	$157K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1959	−0.102%	$68K	$152K	20x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0104%	4h	0.1953	−0.388%	$4.8M	$15.0M	20x	as long as short
Aevo FARTCOIN-PERP	+0.0160%	1h	0.1956	−0.260%	$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	0.1958	−0.114%	$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	0.1952	−0.428%	$11.0M	$8.2M	75x	as long as short
KuCoin FARTCOINUSDTM	+0.0316%	4h	0.1955	−0.286%	$10.2M	$15.6M	50x	as long as short
Binance FARTCOINUSDT	+0.0336%	4h	0.1954	−0.337%	$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
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1953	−0.377%	$0	—	5x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0412% / S −0.0608%	1h	0.1955	−0.272%	$44K	—	100x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0416%	1h	0.1954	−0.347%	$124K	$95K	25x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0447%	1h	0.1954	−0.337%	$82K	$265K	10x	as long as short
Bitget FARTCOINUSDT	+0.0454%	4h	0.1953	−0.388%	$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
BingX FARTCOIN-USDC	+0.0588%	4h	0.1954	−0.337%	—	$6.5M	—	as long as short
Variational Omni FARTCOIN	+0.0615%	4h	0.1957	−0.207%	$820K	$2.7M	—	as long as short
Extended FARTCOIN-USD	+0.0616%	1h	0.1952	−0.439%	$210K	$2.1M	25x	as long as short
Bybit FARTCOINUSDT	+0.0678%	4h	0.1953	−0.388%	$30.1M	$52.2M	50x	as long as short
MEXC FARTCOIN_USDT	+0.0702%	4h	0.1953	−0.398%	$32.5M	$14.2M	100x	as long as short
Lighter FARTCOIN	+0.0720%	1h	0.1955	−0.270%	$757K	$1.2M	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0750%	4h	0.1957	−0.184%	$24K	$3K	20x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0769%	1h	0.1953	−0.403%	$759K	$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 FARTCOINshort	+0.0945%	1h	0.1954	−0.342%	$43.5M	$27.5M	10x
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