Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0346%/8h= −37.9% APRpaid last 24h −0.057%

Price spread now: Backpack against Bybit+0.081%7-day average −0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs+$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$440.438% of the position

Long on Bybit Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days+0.562%+$56 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.081%, 7d avg −0.054%

Together, before fees+0.512%+$51 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Backpack is 0.135% dearer against Bybit than usual: you sell high and buy low (spread +0.081% now, against its 7-day average of −0.054%): +$13 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 31 hours. Mind the row above: over the last 7 days funding on this pair paid +0.562%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit FARTCOINUSDT	0.1974	0.0828	pay 0.0414% / 4h	3h 35m	$30.7M	$51.0M	50x
Short	Backpack FARTCOIN_USDC_PERP	0.1976	0.0481	get 0.0060% / 1h	35m 36s	$84K	$264K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Bybit. 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 BybitbpFee BackpackbpOrdersPrice spread, now +0.081%Rate

Funding earned: −$72.76
Price spread: +0.081% → −0.054%: $13.48
Slippage, 4 orders: −$22.82
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$103.11
Costs to cover: 0.438%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Backpack: live order book, 38 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 Bybit live order book, 3 min ago	0.25 bp	13.1 bp −$13	33.2 bp −$332	doesn't fit	doesn't fit
Sell Backpack live order book, 38 min ago	0.26 bp	8.8 bp −$9	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 −0.0002%	1h	0.1974	+0.009%	$34K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+0.507%	$1K	$2K	5.5x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1979	+0.238%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1977	+0.152%	$158K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1973	−0.046%	$68K	$149K	20x	as long as short
Aevo FARTCOIN-PERP	+0.0152%	1h	0.1975	+0.041%	$31K	—	3x	as long as short
Aster FARTCOINUSDT	+0.0164%	4h	0.1978	+0.203%	$81K	$197K	5x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0175%	4h	0.1975	+0.051%	$4.6M	$14.1M	20x	as long as short
Bulk FARTCOIN-USD	+0.0181%	1h	0.1976	+0.121%	$78K	$3K	10x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0198%	1h	0.1974	+0.010%	$112K	$874K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit FARTCOIN_USDC-PERPETUAL	+0.0257%	1h	0.1975	+0.066%	$125K	$95K	25x	as long as short
BingX FARTCOIN-USDC	+0.0270%	4h	0.1978	+0.203%	—	$6.5M	—	as long as short
Pacifica FARTCOIN	+0.0281%	1h	0.1977	+0.134%	$191K	$412K	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0282%	4h	0.1977	+0.152%	$10.5M	$15.6M	50x	as long as short
Binance FARTCOINUSDT	+0.0283%	4h	0.1975	+0.051%	$18.9M	$74.9M	75x	as long as short
Bitget FARTCOINUSDT	+0.0292%	4h	0.1977	+0.152%	$14.0M	$16.7M	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0340% / S −0.0472%	1h	0.1973	−0.027%	$45K	—	100x	as long as short
Gate FARTCOIN_USDT	+0.0378%	4h	0.1975	+0.030%	$11.2M	$8.0M	75x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0396%	4h	0.1973	−0.034%	$254K	$4.2M	10x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1974	+0.010%	$0	—	5x	as long as short
Backpack FARTCOIN_USDC_PERPshort	+0.0481%	1h	0.1976	+0.081%	$84K	$264K	10x
Variational Omni FARTCOIN	+0.0484%	4h	0.1976	+0.083%	$777K	$2.6M	—	as long as short
BloFin FARTCOIN-USDT	+0.0521%	4h	0.1979	+0.253%	$965K	$1.9M	75x	as long as short
Extended FARTCOIN-USD	+0.0536%	1h	0.1975	+0.055%	$217K	$2.2M	25x	as long as short
Nado FARTCOIN-PERP	+0.0614%	1h	0.1975	+0.076%	$809K	$719K	10x	as long as short
Phoenix FARTCOIN	+0.0614%	1h	0.1976	+0.081%	$156K	$220K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0676%	4h	0.1977	+0.152%	$24K	$3K	20x	as long as short
Arcus FARTCOIN-USD	+0.0763%	1h	0.1976	+0.101%	$14K	$110K	10x	as long as short
Bybit FARTCOINUSDTlong	+0.0828%	4h	0.1974	long leg	$30.7M	$51.0M	50x
Kraken Futures PF_FARTCOINUSD	+0.0828%	1h	0.1976	+0.102%	$771K	$1.9M	50x	as long as short
MEXC FARTCOIN_USDT	+0.0834%	4h	0.1976	+0.101%	$33.1M	$14.2M	100x	as long as short
ApeX Omni FARTCOINUSDT	+0.0842%	1h	0.1975	+0.051%	$27K	$214K	50x	as long as short
01 Exchange FARTCOINUSD	+0.0856%	1h	0.1978	+0.187%	$401	$381	10x	as long as short
Hyperliquid FARTCOIN	+0.0880%	1h	0.1977	+0.162%	$44.1M	$26.0M	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1048%	1h	0.1979	+0.274%	$977K	$7.6M	50x	as long as short
Lighter FARTCOIN	+0.1136%	1h	0.1979	+0.268%	$765K	$1.1M	10x	as long as short