Funding arb · Price arb /

FARTCOIN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0457%/8h= −50.0% APRpaid last 24h −0.122%

Price spread now: SunX against Phoenix+0.386%69s7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$241as 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−$1711.710% of the position

Long on Phoenix Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.704%−$70 on $10k

Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.386%, 7d avg +0.053%

Together, before fees−0.836%−$84 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.332% dearer against Phoenix than usual: you sell high and buy low (spread +0.386% now, against its 7-day average of +0.053%): +$33 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 2.4 days. The two prices were read 69 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	0.1997	0.0557	pay 0.0070% / 1h	43m 50s	$157K	$234K	10x
Short	SunX FARTCOIN-USDT	0.2005	0.0100	get 0.0050% / 4h	1h 43m	$1K	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.386%Rate

Funding earned: −$95.95
Price spread: +0.386% → +0.053%: $33.25
Slippage, 4 orders: −$155.96
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: −$233.67
Costs to cover: 1.710%
Break-even: never at this rate

Slippage from Phoenix: live order book, 58 min ago; SunX: live order book, 12 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, 58 min ago	3.00 bp	20.2 bp −$20	66.2 bp −$662	doesn't fit	doesn't fit
Sell SunX live order book, 12 min ago	31.91 bp	80.7 bp −$81	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
Deribit FARTCOIN_USDC-PERPETUAL	0.0000%	1h	0.1996	−0.030%	$119K	$57K	25x	as long as short
gTrade (Gains Network) FARTCOIN/USD	L +0.0005% / S −0.0004%	1h	0.1998	+0.055%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−0.646%	$1K	$5	5.5x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0100%	4h	0.1994	−0.145%	$4.7M	$18.9M	20x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.1988	−0.425%	$78K	−$0	10x	as long as short
SunX FARTCOIN-USDTshort	+0.0100%	4h	0.2005	+0.386%	$1K	$1.8M	20x
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1998	+0.055%	$160K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.2000	+0.155%	$69K	$155K	20x	as long as short
Aevo FARTCOIN-PERP	+0.0144%	1h	0.1998	+0.080%	$32K	—	3x	as long as short
Extended FARTCOIN-USD	+0.0216%	1h	0.1995	−0.111%	$212K	$1.6M	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica FARTCOIN	+0.0222%	1h	0.2004	+0.336%	$190K	$500K	10x	as long as short
Aster FARTCOINUSDT	+0.0225%	4h	0.1999	+0.105%	$83K	$235K	5x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0226%	1h	0.2001	+0.230%	$109K	$979K	10x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0254%	1h	0.1996	−0.050%	$69K	$332K	10x	as long as short
MEXC FARTCOIN_USDT	+0.0260%	4h	0.1995	−0.080%	$24.7M	$15.7M	100x	as long as short
Binance FARTCOINUSDT	+0.0263%	4h	0.1996	−0.025%	$19.4M	$92.3M	75x	as long as short
Bybit FARTCOINUSDT	+0.0269%	4h	0.1994	−0.120%	$30.9M	$60.5M	50x	as long as short
Gate FARTCOIN_USDT	+0.0310%	4h	0.1995	−0.105%	$11.2M	$9.9M	75x	as long as short
Bitget FARTCOINUSDT	+0.0316%	4h	0.1995	−0.095%	$14.0M	$19.0M	50x	as long as short
BingX FARTCOIN-USDC	+0.0320%	4h	0.2003	+0.305%	—	$6.5M	—	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0352%	4h	0.1998	+0.055%	$251K	$4.7M	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0360%	4h	0.1999	+0.105%	$11.0M	$15.9M	50x	as long as short
Lighter FARTCOIN	+0.0368%	1h	0.1996	−0.040%	$587K	$1.8M	10x	as long as short
Arcus FARTCOIN-USD	+0.0389%	1h	0.2005	+0.406%	$14K	$87K	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0396%	1h	0.1998	+0.055%	$28K	$196K	50x	as long as short
Variational Omni FARTCOIN	+0.0403%	4h	0.1994	−0.160%	$1.0M	$3.2M	—	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2000	+0.173%	$0	—	5x	as long as short
Hyperliquid FARTCOIN	+0.0476%	1h	0.1996	−0.070%	$47.9M	$38.1M	10x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0483% / S −0.0594%	1h	0.1998	+0.030%	$56K	—	100x	as long as short
BloFin FARTCOIN-USDT	+0.0505%	4h	0.2008	+0.556%	$1.0M	$2.3M	75x	as long as short
Phoenix FARTCOINlong	+0.0557%	1h	0.1997	long leg	$157K	$234K	10x
Nado FARTCOIN-PERP	+0.0596%	1h	0.2001	+0.229%	$791K	$831K	10x	as long as short
01 Exchange FARTCOINUSD	+0.0704%	1h	0.2004	+0.361%	$411	$477	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0751%	4h	0.1998	+0.055%	$25K	$4K	20x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0775%	1h	0.1998	+0.071%	$796K	$2.3M	50x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1024%	1h	0.2009	+0.611%	$1.1M	$9.6M	50x	as long as short