Funding you earn now, next payment 20:00 UTC+0.0479%/8h= +52.5% APRnext payment +$0.60 per $10,000 · paid last 24h +0.131%
Price spread now: Phoenix against Polymarket Perps−0.123%59s7-day average +0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs+$17as 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−$560.561% of the position
Funding, last 7 days+0.735%+$73 on $10k
+Price spread, last 3 days (all we have)+0.342%+$34 · spread now −0.123%, 7d avg +0.120%
=Funding pays, the price is against you. Phoenix is 0.243% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of +0.120%). If the spread goes back, that is −$24 on $10k: about 41 hours of funding at the current rate (+$14 a day). The two prices were read 59 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 | Polymarket Perps FARTCOIN-USD | 0.1953 | 0.0100 | pay 0.0013% / 1h | 31m 38s | $107K | $792K | 10x |
| Short | Phoenix FARTCOIN | 0.1951 | 0.0579 | get 0.0072% / 1h | 31m 38s | $114K | $155K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $100.65
- Price spread: −0.123% → +0.120%
- −$24.31
- Slippage, 4 orders
- −$41.08
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $20.26
- Costs to cover
- 0.561%
- Break-even
- 5.6 days
Slippage from Polymarket Perps: live order book, 16 min ago; Phoenix: live order book, 11 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, 16 min ago | 2.34 bp | 8.7 bp −$9 | 16.6 bp −$166 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 11 min ago | 3.10 bp | 20.3 bp −$20 | 58.7 bp −$587 | 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 | 0.1950 | −0.166% | $44K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +1.587% | $1K | $4K | 5.5x | as long as short |
| Bybit FARTCOINUSDT | +0.0100% | 4h | 0.1950 | −0.179% | $30.7M | $46.8M | 50x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1951 | −0.108% | $77K | $25K | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0100% | 4h | 0.1949 | −0.195% | $32.0M | $13.4M | 100x | as long as short |
| Polymarket Perps FARTCOIN-USDlong | +0.0100% | 1h | 0.1953 | long leg | $107K | $792K | 10x | |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1957 | +0.220% | $2K | $1.6M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1954 | +0.051% | $156K | $6K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1953 | +0.015% | $68K | $206K | 20x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0100% | 4h | 0.1949 | −0.205% | $4.7M | $13.5M | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FARTCOIN-USD | +0.0104% | 1h | 0.1949 | −0.215% | $199K | $2.1M | 25x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0108% | 4h | 0.1947 | −0.299% | $253K | $4.6M | 10x | as long as short |
| Aevo FARTCOIN-PERP | +0.0120% | 1h | 0.1952 | −0.045% | $31K | — | 3x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0123% | 1h | 0.1956 | +0.138% | $82K | $233K | 10x | as long as short |
| Aster FARTCOINUSDT | +0.0128% | 4h | 0.1956 | +0.141% | $79K | $179K | 5x | as long as short |
| Gate FARTCOIN_USDT | +0.0134% | 4h | 0.1951 | −0.123% | $10.9M | $7.6M | 75x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0142% | 4h | 0.1951 | −0.102% | $10.4M | $15.4M | 50x | as long as short |
| Binance FARTCOINUSDT | +0.0156% | 4h | 0.1950 | −0.154% | $19.2M | $70.1M | 75x | as long as short |
| Bitget FARTCOINUSDT | +0.0218% | 4h | 0.1949 | −0.205% | $13.6M | $14.5M | 50x | as long as short |
| Lighter FARTCOIN | +0.0224% | 1h | 0.1951 | −0.097% | $632K | $847K | 10x | as long as short |
| Pacifica FARTCOIN | +0.0282% | 1h | 0.1950 | −0.154% | $183K | $398K | 10x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0314% | 1h | 0.1952 | −0.036% | $122K | $95K | 25x | as long as short |
| BloFin FARTCOIN-USDT | +0.0402% | 4h | 0.1947 | −0.307% | $999K | $1.7M | 75x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1954 | +0.055% | $0 | — | 5x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0413% | 1h | 0.1945 | −0.410% | $23K | $221K | 50x | as long as short |
| BingX FARTCOIN-USDC | +0.0416% | 4h | 0.1950 | −0.154% | — | $6.5M | — | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0439% / S −0.0906% | 1h | 0.1949 | −0.200% | $62K | — | 100x | as long as short |
| Variational Omni FARTCOIN | +0.0494% | 4h | 0.1950 | −0.175% | $832K | $2.4M | — | as long as short |
| Nado FARTCOIN-PERP | +0.0503% | 1h | 0.1949 | −0.198% | $790K | $646K | 10x | as long as short |
| Arcus FARTCOIN-USD | +0.0557% | 1h | 0.1949 | −0.205% | $14K | $114K | 10x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0560% | 1h | 0.1949 | −0.200% | $395 | $381 | 10x | as long as short |
| Phoenix FARTCOINshort | +0.0579% | 1h | 0.1951 | −0.123% | $114K | $155K | 10x | |
| Orderly PERP_FARTCOIN_USDC | +0.0600% | 4h | 0.1951 | −0.102% | $24K | $3K | 20x | as long as short |
| Hyperliquid FARTCOIN | +0.0759% | 1h | 0.1957 | +0.215% | $43.2M | $25.6M | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0946% | 1h | 0.1955 | +0.121% | $776K | $1.7M | 50x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.0968% | 1h | 0.1956 | +0.164% | $975K | $7.7M | 50x | as long as short |
Polymarket Perps FARTCOIN-USD
Phoenix FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Bybit FARTCOINUSDT
Bulk FARTCOIN-USD
MEXC FARTCOIN_USDT
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
OKX FARTCOIN-USDT-SWAP
Extended FARTCOIN-USD
GRVT FARTCOIN_USDT_Perp
Backpack FARTCOIN_USDC_PERP
Aster FARTCOINUSDT
Gate FARTCOIN_USDT
KuCoin FARTCOINUSDTM
Binance FARTCOINUSDT
Bitget FARTCOINUSDT
Lighter FARTCOIN
Pacifica FARTCOIN
Deribit FARTCOIN_USDC-PERPETUAL
BloFin FARTCOIN-USDT
ApeX Omni FARTCOINUSDT
BingX FARTCOIN-USDC
GMX FARTCOIN/USD [WBTC.b-USDC]
Variational Omni FARTCOIN
01 Exchange FARTCOINUSD
Hyperliquid FARTCOIN
Kraken Futures PF_FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX