Funding you earn now, next payment 10:00 UTC−0.0468%/8h= −51.2% APRnext payment −$0.58 per $10,000 · paid last 24h −0.172%
Price spread now: Phoenix against Coinbase International−0.075%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$660.661% of the position
Funding, last 7 days−0.499%−$50 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.075%, 7d avg −0.148%
=The price spread pays, funding is against you. Phoenix is 0.073% dearer against Coinbase International than usual: you sell high and buy low (spread −0.075% now, against its 7-day average of −0.148%): +$7 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International FARTCOIN-PERP-INTX | 0.1996 | 0.1104 | pay 0.0138% / 1h | 6m 20s | $1.2M | $9.9M | 50x |
| Short | Phoenix FARTCOIN | 0.1995 | 0.0636 | get 0.0080% / 1h | 6m 20s | $157K | $197K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Coinbase International. 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
- −$98.23
- Price spread: −0.075% → −0.148%
- $7.26
- Slippage, 4 orders
- −$49.1
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$157.06
- Costs to cover
- 0.661%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; Phoenix: live order book, 36 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 Coinbase International live order book, 1 min ago | 5.01 bp | 10.0 bp −$10 | 24.0 bp −$240 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 36 min ago | 2.99 bp | 20.1 bp −$20 | 58.4 bp −$584 | doesn't fit | doesn't fit |
FARTCOIN on 36 exchanges
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 −0.0006% | 1h | 0.1991 | −0.269% | $9K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −0.611% | $1K | $5 | 5.5x | as long as short |
| Lighter FARTCOIN | +0.0096% | 1h | 0.1992 | −0.205% | $577K | $2.0M | 10x | as long as short |
| Aster FARTCOINUSDT | +0.0100% | 4h | 0.1993 | −0.160% | $65K | $222K | 5x | as long as short |
| Pacifica FARTCOIN | +0.0100% | 1h | 0.1992 | −0.187% | $182K | $482K | 10x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0100% | 4h | 0.1995 | −0.060% | $4.8M | $18.8M | 20x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.2001 | +0.240% | $82K | $4K | 10x | as long as short |
| Bitget FARTCOINUSDT | +0.0100% | 4h | 0.1995 | −0.060% | $13.9M | $18.1M | 50x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0100% | 1h | 0.1995 | −0.060% | $86K | $938K | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1995 | −0.055% | $1K | $1.7M | 20x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1991 | −0.260% | $159K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1994 | −0.130% | $69K | $128K | 20x | as long as short |
| Extended FARTCOIN-USD | +0.0104% | 1h | 0.1993 | −0.168% | $195K | $1.7M | 25x | as long as short |
| Aevo FARTCOIN-PERP | +0.0120% | 1h | 0.1994 | −0.123% | $32K | — | 3x | as long as short |
| Binance FARTCOINUSDT | +0.0156% | 4h | 0.1996 | −0.010% | $19.5M | $92.4M | 75x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0169% | 1h | 0.1989 | −0.356% | $66K | $252K | 10x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0210% | 4h | 0.1993 | −0.161% | $249K | $4.4M | 10x | as long as short |
| Gate FARTCOIN_USDT | +0.0216% | 4h | 0.1993 | −0.175% | $11.3M | $9.8M | 75x | as long as short |
| Nado FARTCOIN-PERP | +0.0238% | 1h | 0.1996 | −0.001% | $773K | $820K | 10x | as long as short |
| Hyperliquid FARTCOIN | +0.0246% | 1h | 0.1997 | +0.020% | $47.6M | $37.6M | 10x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0332% | 1h | 0.1992 | −0.210% | $28K | $185K | 50x | as long as short |
| BingX FARTCOIN-USDC | +0.0398% | 4h | 0.1994 | −0.110% | — | $6.5M | — | as long as short |
| BloFin FARTCOIN-USDT | +0.0401% | 4h | 0.1993 | −0.160% | $989K | $2.4M | 75x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1995 | −0.047% | $0 | — | 5x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0440% / S −0.0538% | 1h | 0.1993 | −0.172% | $57K | — | 100x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0456% | 1h | 0.1997 | +0.020% | $410 | $567 | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0456% | 4h | 0.1996 | −0.010% | $11.1M | $14.6M | 50x | as long as short |
| MEXC FARTCOIN_USDT | +0.0466% | 4h | 0.1993 | −0.135% | $25.6M | $14.7M | 100x | as long as short |
| Variational Omni FARTCOIN | +0.0469% | 4h | 0.1992 | −0.188% | $1.0M | $2.6M | — | as long as short |
| Bybit FARTCOINUSDT | +0.0485% | 4h | 0.1994 | −0.100% | $30.6M | $60.5M | 50x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0603% | 1h | 0.1994 | −0.110% | $115K | $50K | 25x | as long as short |
| Phoenix FARTCOINshort | +0.0636% | 1h | 0.1995 | −0.075% | $157K | $197K | 10x | |
| Orderly PERP_FARTCOIN_USDC | +0.0643% | 4h | 0.1994 | −0.110% | $26K | $5K | 20x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0800% | 1h | 0.1990 | −0.303% | $812K | $2.5M | 50x | as long as short |
| Arcus FARTCOIN-USD | +0.0875% | 1h | 0.1995 | −0.060% | $17K | $45K | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTXlong | +0.1104% | 1h | 0.1996 | long leg | $1.2M | $9.9M | 50x |
Coinbase International FARTCOIN-PERP-INTX
Phoenix FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Lighter FARTCOIN
Aster FARTCOINUSDT
Pacifica FARTCOIN
OKX FARTCOIN-USDT-SWAP
Bulk FARTCOIN-USD
Bitget FARTCOINUSDT
Polymarket Perps FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Extended FARTCOIN-USD
Binance FARTCOINUSDT
Backpack FARTCOIN_USDC_PERP
GRVT FARTCOIN_USDT_Perp
Gate FARTCOIN_USDT
Hyperliquid FARTCOIN
ApeX Omni FARTCOINUSDT
BingX FARTCOIN-USDC
BloFin FARTCOIN-USDT
GMX FARTCOIN/USD [WBTC.b-USDC]
01 Exchange FARTCOINUSD
KuCoin FARTCOINUSDTM
MEXC FARTCOIN_USDT
Variational Omni FARTCOIN
Bybit FARTCOINUSDT
Deribit FARTCOIN_USDC-PERPETUAL
Kraken Futures PF_FARTCOINUSD