Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0138%/8h= +15.1% APRpaid last 24h +0.128%

Price spread now: Phoenix against SunX+0.332%7-day average −0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1711.710% of the position

Long on SunX Short on Phoenix

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)−0.586%−$59 · spread now +0.332%, 7d avg −0.054%

Together, before fees+0.118%+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.387% dearer against SunX than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX FARTCOIN-USDT	0.2015	0.0100	pay 0.0050% / 4h	2h 02m	$1K	$1.8M	20x
Short	Phoenix FARTCOIN	0.2022	0.0238	get 0.0030% / 1h	2m 36s	$159K	$219K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against SunX. 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 SunXbpFee PhoenixbpOrdersPrice spread, now +0.332%Rate

Funding earned: $28.94
Price spread: +0.332% → −0.054%: $38.66
Slippage, 4 orders: −$156
Fee SunX: 4 bp × 2 orders: −$8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$103.4
Costs to cover: 1.710%
Break-even: 32.0 days

Slippage from SunX: live order book, 13 min ago; Phoenix: live order book, 40 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 SunX live order book, 13 min ago	31.91 bp	49.9 bp −$50	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix live order book, 40 min ago	3.00 bp	20.2 bp −$20	58.5 bp −$585	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 −0.0004%	1h	0.2008	−0.340%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−1.548%	$1K	$5	5.5x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.2012	−0.159%	$79K	−$0	10x	as long as short
SunX FARTCOIN-USDTlong	+0.0100%	4h	0.2015	long leg	$1K	$1.8M	20x
SoDEX FARTCOIN-USD	+0.0100%	1h	0.2014	−0.060%	$161K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.2017	+0.079%	$70K	$152K	20x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0114%	4h	0.2011	−0.208%	$4.8M	$18.9M	20x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0119%	1h	0.2011	−0.223%	$109K	$977K	10x	as long as short
Aevo FARTCOIN-PERP	+0.0152%	1h	0.2011	−0.200%	$32K	—	3x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0215%	1h	0.2012	−0.174%	$85K	$318K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit FARTCOINUSDT	+0.0223%	4h	0.2008	−0.347%	$31.1M	$60.2M	50x	as long as short
MEXC FARTCOIN_USDT	+0.0234%	4h	0.2010	−0.253%	$24.9M	$15.9M	100x	as long as short
Phoenix FARTCOINshort	+0.0238%	1h	0.2022	+0.332%	$159K	$219K	10x
Extended FARTCOIN-USD	+0.0248%	1h	0.2009	−0.297%	$213K	$1.6M	25x	as long as short
Lighter FARTCOIN	+0.0256%	1h	0.2012	−0.174%	$601K	$1.8M	10x	as long as short
Aster FARTCOINUSDT	+0.0257%	4h	0.2011	−0.208%	$84K	$236K	5x	as long as short
Binance FARTCOINUSDT	+0.0281%	4h	0.2010	−0.258%	$19.6M	$92.0M	75x	as long as short
Bitget FARTCOINUSDT	+0.0294%	4h	0.2011	−0.208%	$14.2M	$19.0M	50x	as long as short
BingX FARTCOIN-USDT	+0.0294%	4h	0.2010	−0.258%	—	$14.8M	—	as long as short
Gate FARTCOIN_USDT	+0.0326%	4h	0.2010	−0.268%	$11.3M	$9.9M	75x	as long as short
Pacifica FARTCOIN	+0.0362%	1h	0.2011	−0.209%	$192K	$500K	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0364%	4h	0.2012	−0.159%	$11.0M	$15.9M	50x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0382%	4h	0.2024	+0.413%	$261K	$4.7M	10x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0397%	1h	0.2012	−0.174%	$119K	$57K	25x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2011	−0.227%	$0	—	5x	as long as short
Variational Omni FARTCOIN	+0.0418%	4h	0.2019	+0.196%	$1.0M	$3.2M	—	as long as short
Nado FARTCOIN-PERP	+0.0438%	1h	0.2011	−0.208%	$796K	$826K	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0472%	1h	0.2019	+0.189%	$28K	$200K	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0483% / S −0.0596%	1h	0.2008	−0.338%	$56K	—	100x	as long as short
Arcus FARTCOIN-USD	+0.0518%	1h	0.2011	−0.208%	$14K	$87K	10x	as long as short
BloFin FARTCOIN-USDT	+0.0529%	4h	0.2013	−0.109%	$980K	$2.3M	75x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0531%	1h	0.2014	−0.056%	$787K	$2.3M	50x	as long as short
01 Exchange FARTCOINUSD	+0.0624%	1h	0.2012	−0.179%	$413	$477	10x	as long as short
Hyperliquid FARTCOIN	+0.0678%	1h	0.2010	−0.253%	$48.4M	$37.7M	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0767%	4h	0.2012	−0.159%	$25K	$4K	20x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1008%	1h	0.2015	−0.015%	$1.1M	$9.7M	50x	as long as short