Funding you earn now, next payment 00:00 UTC+0.0310%/8h= +34.0% APRnext payment +$0.39 per $10,000 · paid last 24h +0.019%
Price spread now: Phoenix against Deribit+1.012%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs+$26as in the Price arb table
costs, in and out, $10k−$630.626% of the position
Funding, last 7 days+0.402%+$40 on $10k
+Price spread, last 3 days (all we have)−1.053%−$105 · spread now +1.012%, 7d avg +0.124%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Phoenix is 0.887% dearer against Deribit than usual: you sell high and buy low: +$89 more if the spread goes back to its 7-day average of +0.124%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit FARTCOIN_USDC-PERPETUAL | 0.1987 | 0.0304 | pay 0.0038% / 1h | 5m 18s | $126K | $95K | 25x |
| Short | Phoenix FARTCOIN | 0.2007 | 0.0614 | get 0.0077% / 1h | 5m 18s | $158K | $220K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Deribit. 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
- $65.14
- Price spread: +1.012% → +0.124%
- $88.71
- Slippage, 4 orders
- −$48.58
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $91.27
- Costs to cover
- 0.626%
- Break-even
- from the start
Slippage from Deribit: live order book, 3 min ago; Phoenix: live order book, 62 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 Deribit live order book, 3 min ago | 7.01 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 62 min ago | 3.10 bp | 20.3 bp −$20 | 58.5 bp −$585 | 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 0.0000% | 1h | 0.1986 | −0.040% | $14K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −0.156% | $1K | $2K | 5.5x | as long as short |
| Gate FARTCOIN_USDT | +0.0100% | 4h | 0.1986 | −0.070% | $11.2M | $8.2M | 75x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1991 | +0.176% | $2K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1988 | +0.045% | $159K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1995 | +0.377% | $69K | $151K | 20x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0126% | 4h | 0.1989 | +0.096% | $4.7M | $14.3M | 20x | as long as short |
| Bulk FARTCOIN-USD | +0.0148% | 1h | 0.2000 | +0.624% | $79K | $2K | 10x | as long as short |
| Aevo FARTCOIN-PERP | +0.0160% | 1h | 0.1987 | +0.006% | $32K | — | 3x | as long as short |
| Aster FARTCOINUSDT | +0.0240% | 4h | 0.1991 | +0.214% | $84K | $199K | 5x | 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 | +0.0241% | 1h | 0.1988 | +0.025% | $113K | $881K | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0246% | 4h | 0.1987 | −0.005% | $10.4M | $15.6M | 50x | as long as short |
| Pacifica FARTCOIN | +0.0281% | 1h | 0.1988 | +0.041% | $195K | $422K | 10x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUALlong | +0.0304% | 1h | 0.1987 | long leg | $126K | $95K | 25x | |
| Binance FARTCOINUSDT | +0.0305% | 4h | 0.1986 | −0.047% | $19.2M | $75.7M | 75x | as long as short |
| Bitget FARTCOINUSDT | +0.0388% | 4h | 0.1988 | +0.045% | $14.2M | $16.9M | 50x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0406% | 4h | 0.2002 | +0.758% | $263K | $4.2M | 10x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1988 | +0.051% | $0 | — | 5x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0474% | 1h | 0.1988 | +0.020% | $84K | $264K | 10x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0478% / S −0.1111% | 1h | 0.1985 | −0.089% | $73K | — | 100x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0529% | 1h | 0.2003 | +0.800% | $27K | $214K | 50x | as long as short |
| BloFin FARTCOIN-USDT | +0.0541% | 4h | 0.2004 | +0.850% | $980K | $1.9M | 75x | as long as short |
| Variational Omni FARTCOIN | +0.0564% | 4h | 0.1990 | +0.170% | $889K | $2.6M | — | as long as short |
| Bybit FARTCOINUSDT | +0.0585% | 4h | 0.1986 | −0.030% | $30.9M | $51.5M | 50x | as long as short |
| Extended FARTCOIN-USD | +0.0592% | 1h | 0.1988 | +0.045% | $228K | $2.2M | 25x | as long as short |
| Phoenix FARTCOINshort | +0.0614% | 1h | 0.2007 | +1.012% | $158K | $220K | 10x | |
| MEXC FARTCOIN_USDT | +0.0626% | 4h | 0.1986 | −0.045% | $33.1M | $14.5M | 100x | as long as short |
| BingX FARTCOIN-USDT | +0.0648% | 4h | 0.1987 | −0.005% | — | $14.3M | — | as long as short |
| Nado FARTCOIN-PERP | +0.0664% | 1h | 0.1988 | +0.048% | $804K | $708K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0716% | 4h | 0.1988 | +0.045% | $25K | $3K | 20x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0752% | 1h | 0.1988 | +0.030% | $403 | $381 | 10x | as long as short |
| Arcus FARTCOIN-USD | +0.0763% | 1h | 0.1989 | +0.096% | $14K | $111K | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0823% | 1h | 0.1988 | +0.026% | $793K | $1.9M | 50x | as long as short |
| Hyperliquid FARTCOIN | +0.0865% | 1h | 0.1988 | +0.060% | $44.6M | $26.4M | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1048% | 1h | 0.1991 | +0.181% | $989K | $7.5M | 50x | as long as short |
| Lighter FARTCOIN | +0.1080% | 1h | 0.1990 | +0.136% | $804K | $1.1M | 10x | as long as short |
Deribit FARTCOIN_USDC-PERPETUAL
Phoenix FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Gate FARTCOIN_USDT
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
OKX FARTCOIN-USDT-SWAP
Bulk FARTCOIN-USD
Aster FARTCOINUSDT
Polymarket Perps FARTCOIN-USD
KuCoin FARTCOINUSDTM
Pacifica FARTCOIN
Binance FARTCOINUSDT
Bitget FARTCOINUSDT
GRVT FARTCOIN_USDT_Perp
Backpack FARTCOIN_USDC_PERP
GMX FARTCOIN/USD [WBTC.b-USDC]
ApeX Omni FARTCOINUSDT
BloFin FARTCOIN-USDT
Variational Omni FARTCOIN
Bybit FARTCOINUSDT
Extended FARTCOIN-USD
MEXC FARTCOIN_USDT
BingX FARTCOIN-USDT
01 Exchange FARTCOINUSD
Kraken Futures PF_FARTCOINUSD
Hyperliquid FARTCOIN
Coinbase International FARTCOIN-PERP-INTX
Lighter FARTCOIN