Funding you earn now, next payment 09:00 UTC+0.0129%/8h= +14.1% APRnext payment +$0.16 per $10,000 · paid last 24h +0.042%
Price spread now: Backpack against Polymarket Perps+0.106%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs+$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$330.329% of the position
Funding, last 7 days+0.789%+$79 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.106%, 7d avg −0.049%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Backpack is 0.155% dearer against Polymarket Perps than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps FARTCOIN-USD | 0.1987 | 0.0100 | pay 0.0013% / 1h | 26m 37s | $108K | $983K | 10x |
| Short | Backpack FARTCOIN_USDC_PERP | 0.1989 | 0.0229 | get 0.0029% / 1h | 26m 37s | $66K | $323K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Polymarket Perps. 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
- $27.1
- Price spread: +0.106% → −0.049%
- $15.51
- Slippage, 4 orders
- −$14.9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $9.71
- Costs to cover
- 0.329%
- Break-even
- 4.5 days
Slippage from Polymarket Perps: live order book, 71 min ago; Backpack: 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 Polymarket Perps live order book, 71 min ago | 2.24 bp | 12.6 bp −$13 | 1002.7 bp −$10.0K | doesn't fit | doesn't fit |
| Sell Backpack live order book, 7 min ago | 0.25 bp | 6.2 bp −$6 | 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 −0.0006% | 1h | 0.1985 | −0.101% | $9K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −0.151% | $1K | $5 | 5.5x | as long as short |
| Lighter FARTCOIN | +0.0096% | 1h | 0.1989 | +0.081% | $568K | $1.9M | 10x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0100% | 4h | 0.1988 | +0.050% | $4.8M | $19.7M | 20x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1988 | +0.032% | $82K | $3K | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0100% | 4h | 0.1989 | +0.081% | $25.0M | $16.0M | 100x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0100% | 4h | 0.1998 | +0.540% | $249K | $4.7M | 10x | as long as short |
| Polymarket Perps FARTCOIN-USDlong | +0.0100% | 1h | 0.1987 | long leg | $108K | $983K | 10x | |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1994 | +0.372% | $2K | $1.9M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1990 | +0.151% | $159K | $7K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1995 | +0.408% | $69K | $161K | 20x | as long as short |
| Bybit FARTCOINUSDT | +0.0105% | 4h | 0.1988 | +0.060% | $30.7M | $63.3M | 50x | as long as short |
| Aevo FARTCOIN-PERP | +0.0144% | 1h | 0.1990 | +0.151% | $32K | — | 3x | as long as short |
| Aster FARTCOINUSDT | +0.0159% | 4h | 0.1989 | +0.109% | $65K | $253K | 5x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0204% | 1h | 0.1995 | +0.403% | $28K | $190K | 50x | as long as short |
| Backpack FARTCOIN_USDC_PERPshort | +0.0229% | 1h | 0.1989 | +0.106% | $66K | $323K | 10x | |
| Extended FARTCOIN-USD | +0.0232% | 1h | 0.1987 | −0.008% | $192K | $1.6M | 25x | as long as short |
| Binance FARTCOINUSDT | +0.0246% | 4h | 0.1989 | +0.093% | $19.3M | $95.9M | 75x | as long as short |
| Gate FARTCOIN_USDT | +0.0278% | 4h | 0.1987 | −0.005% | $11.4M | $10.3M | 75x | as long as short |
| Bitget FARTCOINUSDT | +0.0292% | 4h | 0.1988 | +0.050% | $13.9M | $19.3M | 50x | as long as short |
| Variational Omni FARTCOIN | +0.0299% | 4h | 0.1999 | +0.595% | $1.0M | $3.1M | — | as long as short |
| BingX FARTCOIN-USDT | +0.0300% | 4h | 0.1986 | −0.050% | — | $14.6M | — | as long as short |
| Pacifica FARTCOIN | +0.0372% | 1h | 0.1988 | +0.065% | $183K | $509K | 10x | as long as short |
| Hyperliquid FARTCOIN | +0.0394% | 1h | 0.1988 | +0.065% | $47.8M | $40.8M | 10x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1989 | +0.120% | $0 | — | 5x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0437% / S −0.0523% | 1h | 0.1988 | +0.056% | $55K | — | 100x | as long as short |
| BloFin FARTCOIN-USDT | +0.0486% | 4h | 0.1990 | +0.151% | $1.0M | $2.4M | 75x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0505% | 1h | 0.1989 | +0.086% | $118K | $57K | 25x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0536% | 1h | 0.1988 | +0.060% | $408 | $477 | 10x | as long as short |
| Nado FARTCOIN-PERP | +0.0591% | 1h | 0.1990 | +0.176% | $784K | $860K | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0646% | 4h | 0.1990 | +0.151% | $10.9M | $15.6M | 50x | as long as short |
| Phoenix FARTCOIN | +0.0668% | 1h | 0.1993 | +0.322% | $157K | $233K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0709% | 4h | 0.1991 | +0.201% | $26K | $5K | 20x | as long as short |
| Arcus FARTCOIN-USD | +0.0956% | 1h | 0.1988 | +0.050% | $17K | $98K | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1184% | 1h | 0.1991 | +0.201% | $1.1M | $10.1M | 50x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.1224% | 1h | 0.1989 | +0.119% | $810K | $2.6M | 50x | as long as short |
Polymarket Perps FARTCOIN-USD
Backpack FARTCOIN_USDC_PERP
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Lighter FARTCOIN
OKX FARTCOIN-USDT-SWAP
Bulk FARTCOIN-USD
MEXC FARTCOIN_USDT
GRVT FARTCOIN_USDT_Perp
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Bybit FARTCOINUSDT
Aster FARTCOINUSDT
ApeX Omni FARTCOINUSDT
Extended FARTCOIN-USD
Binance FARTCOINUSDT
Gate FARTCOIN_USDT
Bitget FARTCOINUSDT
Variational Omni FARTCOIN
BingX FARTCOIN-USDT
Pacifica FARTCOIN
Hyperliquid FARTCOIN
GMX FARTCOIN/USD [WBTC.b-USDC]
BloFin FARTCOIN-USDT
Deribit FARTCOIN_USDC-PERPETUAL
01 Exchange FARTCOINUSD
KuCoin FARTCOINUSDTM
Phoenix FARTCOIN
Coinbase International FARTCOIN-PERP-INTX
Kraken Futures PF_FARTCOINUSD