FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0566%/8h= +62.0% APRnext payment +$0.71 per $10,000 · paid last 24h +0.189%

Price spread now: Kraken Futures against Backpack−0.012%51s7-day average +0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as 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−$580.580% of the position

Long on Backpack Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.012%, 7d avg +0.072%

Together, before fees+0.164%+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.084% cheaper against Backpack than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.072%). If the spread goes back, that is −$8 on $10k: about 12 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.067% in total) that is about 8.8 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.067% in total (about 3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack FARTCOIN_USDC_PERP	0.1987	0.0213	pay 0.0027% / 1h	30m 12s	$69K	$333K	10x
Short	Kraken Futures PF_FARTCOINUSD	0.1986	0.0779	get 0.0097% / 1h	30m 12s	$789K	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Backpack. 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 BackpackbpFee Kraken FuturesbpOrdersPrice spread, now −0.012%Rate

Funding earned: $118.95
Price spread: −0.012% → +0.072%: −$8.41
Slippage, 4 orders: −$37.98
Fee Backpack: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $52.56
Costs to cover: 0.580%
Break-even: 3.9 days

Slippage from Backpack: live order book, 13 min ago; Kraken Futures: live order book, 3 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 Backpack live order book, 13 min ago	0.25 bp	6.2 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	7.55 bp	17.5 bp −$17	37.6 bp −$376	1597.1 bp −$159.7K	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	0.1985	−0.068%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−0.136%	$1K	$5	5.5x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0100%	4h	0.1986	−0.035%	$4.7M	$18.8M	20x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.1987	+0.014%	$78K	−$0	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1988	+0.040%	$2K	$1.8M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1986	−0.035%	$159K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1988	+0.091%	$69K	$160K	20x	as long as short
Aevo FARTCOIN-PERP	+0.0144%	1h	0.1986	−0.010%	$32K	—	3x	as long as short
Extended FARTCOIN-USD	+0.0168%	1h	0.1986	−0.040%	$206K	$1.6M	25x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0184%	1h	0.1985	−0.096%	$108K	$981K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster FARTCOINUSDT	+0.0198%	4h	0.1987	+0.038%	$83K	$235K	5x	as long as short
Backpack FARTCOIN_USDC_PERPlong	+0.0213%	1h	0.1987	long leg	$69K	$333K	10x
Bybit FARTCOINUSDT	+0.0214%	4h	0.1986	−0.010%	$30.7M	$60.7M	50x	as long as short
ApeX Omni FARTCOINUSDT	+0.0215%	1h	0.1989	+0.116%	$28K	$194K	50x	as long as short
Pacifica FARTCOIN	+0.0222%	1h	0.1986	−0.047%	$187K	$500K	10x	as long as short
MEXC FARTCOIN_USDT	+0.0230%	4h	0.1986	−0.035%	$24.5M	$15.8M	100x	as long as short
Binance FARTCOINUSDT	+0.0236%	4h	0.1986	−0.020%	$19.3M	$92.6M	75x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0254%	1h	0.1985	−0.096%	$118K	$57K	25x	as long as short
Gate FARTCOIN_USDT	+0.0272%	4h	0.1986	−0.050%	$11.2M	$9.9M	75x	as long as short
Bitget FARTCOINUSDT	+0.0314%	4h	0.1987	+0.015%	$13.9M	$19.0M	50x	as long as short
BingX FARTCOIN-USDT	+0.0314%	4h	0.1987	+0.015%	—	$14.8M	—	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0332%	4h	0.1988	+0.067%	$257K	$4.7M	10x	as long as short
Variational Omni FARTCOIN	+0.0371%	4h	0.1989	+0.101%	$1.0M	$3.2M	—	as long as short
KuCoin FARTCOINUSDTM	+0.0372%	4h	0.1989	+0.116%	$10.9M	$15.8M	50x	as long as short
Arcus FARTCOIN-USD	+0.0389%	1h	0.1987	+0.015%	$14K	$87K	10x	as long as short
Lighter FARTCOIN	+0.0408%	1h	0.1987	+0.025%	$586K	$1.8M	10x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1986	−0.043%	$0	—	5x	as long as short
Hyperliquid FARTCOIN	+0.0412%	1h	0.1986	−0.055%	$47.6M	$38.4M	10x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0437% / S −0.0523%	1h	0.1986	−0.013%	$55K	—	100x	as long as short
BloFin FARTCOIN-USDT	+0.0481%	4h	0.1992	+0.267%	$997K	$2.3M	75x	as long as short
Phoenix FARTCOIN	+0.0557%	1h	0.1987	+0.005%	$156K	$234K	10x	as long as short
01 Exchange FARTCOINUSD	+0.0648%	1h	0.1988	+0.045%	$408	$477	10x	as long as short
Nado FARTCOIN-PERP	+0.0651%	1h	0.1986	−0.021%	$784K	$827K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0718%	4h	0.1986	−0.035%	$24K	$4K	20x	as long as short
Kraken Futures PF_FARTCOINUSDshort	+0.0779%	1h	0.1986	−0.012%	$789K	$2.3M	50x
Coinbase International FARTCOIN-PERP-INTX	+0.1024%	1h	0.1994	+0.372%	$1.1M	$9.6M	50x	as long as short