Funding you earn now, next payment 06:00 UTC−0.0437%/8h= −47.9% APRpaid last 24h −0.085%
Price spread now: Backpack against BloFin−0.319%66s7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as 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−$440.444% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 4 days (all we have)+0.241%+$24 · spread now −0.319%, 7d avg −0.100%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Backpack is 0.218% cheaper against BloFin than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.100%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.125%, so the current rate has only just turned against you. The two prices were read 66 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 0.125% in total (about 6.5% a year). A funding rate is set anew for every payment. 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 | BloFin FARTCOIN-USDT | 0.1977 | 0.0539 | pay 0.0269% / 4h | 2h 27m | $1.0M | $2.1M | 75x |
| Short | Backpack FARTCOIN_USDC_PERP | 0.1971 | 0.0101 | get 0.0013% / 1h | 27m 36s | $83K | $315K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against BloFin. 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
- −$91.79
- Price spread: −0.319% → −0.100%
- −$21.84
- Slippage, 4 orders
- −$22.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$158.02
- Costs to cover
- 0.444%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Backpack: live order book, 21 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 BloFin live order book, 5 min ago | 2.51 bp | 8.5 bp −$9 | 26.7 bp −$267 | 176.8 bp −$17.7K | doesn't fit |
| Sell Backpack live order book, 21 min ago | 0.25 bp | 6.5 bp −$7 | 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 −0.0004% | 1h | 0.1967 | −0.483% | $1K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +0.354% | $1K | $5 | 5.5x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1986 | +0.455% | $78K | −$0 | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1974 | −0.172% | $2K | $1.8M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1971 | −0.303% | $158K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1974 | −0.132% | $69K | $153K | 20x | as long as short |
| Backpack FARTCOIN_USDC_PERPshort | +0.0101% | 1h | 0.1971 | −0.319% | $83K | $315K | 10x | |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0106% | 1h | 0.1970 | −0.374% | $117K | $57K | 25x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0117% | 1h | 0.1970 | −0.359% | $107K | $962K | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0146% | 4h | 0.1961 | −0.814% | $24.0M | $15.7M | 100x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FARTCOIN-USDT-SWAP | +0.0152% | 4h | 0.1960 | −0.860% | $4.7M | $18.1M | 20x | as long as short |
| Aevo FARTCOIN-PERP | +0.0160% | 1h | 0.1969 | −0.417% | $31K | — | 3x | as long as short |
| Bybit FARTCOINUSDT | +0.0172% | 4h | 0.1961 | −0.835% | $30.7M | $59.1M | 50x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0193% | 1h | 0.1973 | −0.202% | $28K | $200K | 50x | as long as short |
| Phoenix FARTCOIN | +0.0238% | 1h | 0.1985 | +0.400% | $156K | $219K | 10x | as long as short |
| Lighter FARTCOIN | +0.0240% | 1h | 0.1960 | −0.860% | $600K | $1.8M | 10x | as long as short |
| Bitget FARTCOINUSDT | +0.0256% | 4h | 0.1961 | −0.809% | $13.8M | $18.9M | 50x | as long as short |
| Aster FARTCOINUSDT | +0.0274% | 4h | 0.1963 | −0.708% | $82K | $233K | 5x | as long as short |
| Binance FARTCOINUSDT | +0.0291% | 4h | 0.1961 | −0.825% | $19.2M | $90.6M | 75x | as long as short |
| Gate FARTCOIN_USDT | +0.0310% | 4h | 0.1960 | −0.865% | $11.1M | $9.7M | 75x | as long as short |
| BingX FARTCOIN-USDC | +0.0318% | 4h | 0.1958 | −0.961% | — | $6.5M | — | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0320% | 4h | 0.1975 | −0.093% | $247K | $4.6M | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0326% | 4h | 0.1961 | −0.809% | $10.6M | $15.8M | 50x | as long as short |
| Pacifica FARTCOIN | +0.0362% | 1h | 0.1961 | −0.830% | $188K | $485K | 10x | as long as short |
| Variational Omni FARTCOIN | +0.0402% | 4h | 0.1978 | +0.058% | $1.0M | $3.2M | — | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1970 | −0.330% | $0 | — | 5x | as long as short |
| Nado FARTCOIN-PERP | +0.0432% | 1h | 0.1972 | −0.262% | $788K | $817K | 10x | as long as short |
| Extended FARTCOIN-USD | +0.0512% | 1h | 0.1959 | −0.902% | $225K | $1.6M | 25x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0512% | 1h | 0.1961 | −0.789% | $402 | $477 | 10x | as long as short |
| Arcus FARTCOIN-USD | +0.0518% | 1h | 0.1961 | −0.809% | $14K | $87K | 10x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0527% / S −0.0667% | 1h | 0.1967 | −0.495% | $55K | — | 100x | as long as short |
| BloFin FARTCOIN-USDTlong | +0.0539% | 4h | 0.1977 | long leg | $1.0M | $2.1M | 75x | |
| Kraken Futures PF_FARTCOINUSD | +0.0543% | 1h | 0.1970 | −0.376% | $776K | $2.3M | 50x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0796% | 4h | 0.1970 | −0.354% | $24K | $4K | 20x | as long as short |
| Hyperliquid FARTCOIN | +0.0855% | 1h | 0.1962 | −0.769% | $47.7M | $36.9M | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1008% | 1h | 0.1976 | −0.071% | $1.0M | $9.5M | 50x | as long as short |
BloFin FARTCOIN-USDT
Backpack FARTCOIN_USDC_PERP
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Bulk FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Deribit FARTCOIN_USDC-PERPETUAL
Polymarket Perps FARTCOIN-USD
MEXC FARTCOIN_USDT
OKX FARTCOIN-USDT-SWAP
Bybit FARTCOINUSDT
ApeX Omni FARTCOINUSDT
Phoenix FARTCOIN
Lighter FARTCOIN
Bitget FARTCOINUSDT
Aster FARTCOINUSDT
Binance FARTCOINUSDT
Gate FARTCOIN_USDT
BingX FARTCOIN-USDC
GRVT FARTCOIN_USDT_Perp
KuCoin FARTCOINUSDTM
Pacifica FARTCOIN
Variational Omni FARTCOIN
Extended FARTCOIN-USD
01 Exchange FARTCOINUSD
GMX FARTCOIN/USD [WBTC.b-USDC]
Kraken Futures PF_FARTCOINUSD
Hyperliquid FARTCOIN
Coinbase International FARTCOIN-PERP-INTX