Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0155%/8h= +17.0% APRpaid last 24h +0.067%

Price spread now: Phoenix against Binance−0.475%7-day average +0.086% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$670.666% of the position

Long on Binance Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.593%+$59 on $10k

Price spread, last 4 days (all we have)+0.706%+$71 · spread now −0.475%, 7d avg +0.086%

Together, before fees+1.300%+$130 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.561% cheaper against Binance than usual: you would sell low and buy high (spread −0.475% now, against its 7-day average of +0.086%). If the spread goes back, that is −$56 on $10k: about 12 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance FARTCOINUSDT	0.2063	0.0401	pay 0.0200% / 4h	3h 20m	$20.5M	$86.6M	75x
Short	Phoenix FARTCOIN	0.2053	0.0556	get 0.0069% / 1h	20m 59s	$161K	$202K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Binance. 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 BinancebpFee PhoenixbpOrdersPrice spread, now −0.475%Rate

Funding earned: $32.51
Price spread: −0.475% → +0.086%: −$56.08
Slippage, 4 orders: −$49.64
Fee Binance: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$90.21
Costs to cover: 0.666%
Break-even: 26.4 days

Slippage from Binance: live order book, 7 min ago; Phoenix: live order book, 26 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 Binance live order book, 7 min ago	2.44 bp	13.8 bp −$14	41.6 bp −$416	261.0 bp −$26.1K	doesn't fit
Sell Phoenix live order book, 26 min ago	2.93 bp	20.3 bp −$20	58.4 bp −$584	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	0.2060	−0.145%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−3.829%	$1K	$5	5.5x	as long as short
Bybit FARTCOINUSDT	+0.0100%	4h	0.2061	−0.087%	$32.4M	$56.5M	50x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.2046	−0.824%	$81K	−$0	10x	as long as short
MEXC FARTCOIN_USDT	+0.0100%	4h	0.2061	−0.082%	$25.7M	$15.3M	100x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.2065	+0.097%	$2K	$1.8M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.2063	0.000%	$165K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.2062	−0.044%	$72K	$151K	20x	as long as short
Aevo FARTCOIN-PERP	+0.0184%	1h	0.2059	−0.203%	$33K	—	3x	as long as short
Bitget FARTCOINUSDT	+0.0210%	4h	0.2063	0.000%	$14.5M	$18.4M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps FARTCOIN-USD	+0.0226%	1h	0.2064	+0.053%	$113K	$933K	10x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0231%	4h	0.2062	−0.048%	$5.1M	$17.8M	20x	as long as short
Gate FARTCOIN_USDT	+0.0234%	4h	0.2059	−0.213%	$11.6M	$9.3M	75x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0235%	1h	0.2062	−0.029%	$125K	$57K	25x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0293%	1h	0.2062	−0.028%	$785K	$2.1M	50x	as long as short
Variational Omni FARTCOIN	+0.0357%	4h	0.2063	+0.024%	$1.1M	$3.1M	—	as long as short
KuCoin FARTCOINUSDTM	+0.0364%	4h	0.2062	−0.048%	$11.0M	$15.6M	50x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0384%	4h	0.2044	−0.920%	$258K	$4.5M	10x	as long as short
BingX FARTCOIN-USDT	+0.0388%	4h	0.2061	−0.097%	—	$14.5M	—	as long as short
Binance FARTCOINUSDTlong	+0.0401%	4h	0.2063	long leg	$20.5M	$86.6M	75x
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2065	+0.085%	$0	—	5x	as long as short
Lighter FARTCOIN	+0.0448%	1h	0.2063	−0.019%	$745K	$1.6M	10x	as long as short
Aster FARTCOINUSDT	+0.0451%	4h	0.2057	−0.314%	$91K	$214K	5x	as long as short
ApeX Omni FARTCOINUSDT	+0.0466%	1h	0.2051	−0.582%	$28K	$203K	50x	as long as short
Nado FARTCOIN-PERP	+0.0474%	1h	0.2064	+0.073%	$821K	$785K	10x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0492%	1h	0.2061	−0.097%	$90K	$298K	10x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0522% / S −0.0895%	1h	0.2061	−0.107%	$51K	—	100x	as long as short
Arcus FARTCOIN-USD	+0.0527%	1h	0.2063	0.000%	$15K	$88K	10x	as long as short
Phoenix FARTCOINshort	+0.0556%	1h	0.2053	−0.475%	$161K	$202K	10x
Pacifica FARTCOIN	+0.0600%	1h	0.2059	−0.193%	$198K	$460K	10x	as long as short
Extended FARTCOIN-USD	+0.0632%	1h	0.2061	−0.074%	$241K	$2.1M	25x	as long as short
BloFin FARTCOIN-USDT	+0.0641%	4h	0.2062	−0.048%	$1.1M	$2.2M	75x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0863%	4h	0.2063	0.000%	$25K	$4K	20x	as long as short
01 Exchange FARTCOINUSD	+0.0920%	1h	0.2067	+0.184%	$424	$386	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1120%	1h	0.2065	+0.087%	$1.1M	$9.0M	50x	as long as short
Hyperliquid FARTCOIN	+0.1514%	1h	0.2063	+0.015%	$49.5M	$33.0M	10x	as long as short