Funding arb · Price arb /

FARTCOIN

all FARTCOIN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0457%/8h= +50.0% APRpaid last 24h +0.122%

Price spread now: Phoenix against HTX−0.440%72s7-day average +0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$222as 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−$2842.836% of the position

Long on HTX Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.613%+$61 on $10k

Price spread, last 4 days (all we have)+0.300%+$30 · spread now −0.440%, 7d avg +0.047%

Together, before fees+0.913%+$91 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.487% cheaper against HTX than usual: you would sell low and buy high (spread −0.440% now, against its 7-day average of +0.047%). If the spread goes back, that is −$49 on $10k: about 3.6 days of funding at the current rate (+$14 a day). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX FARTCOIN-USDT	0.1999	0.0100	pay 0.0050% / 4h	1h 50m	$69K	$152K	20x
Short	Phoenix FARTCOIN	0.1990	0.0557	get 0.0070% / 1h	50m 20s	$157K	$234K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against HTX. 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 HTXbpFee PhoenixbpOrdersPrice spread, now −0.440%Rate

Funding earned: $95.95
Price spread: −0.440% → +0.047%: −$48.69
Slippage, 4 orders: −$264.61
Fee HTX: 6 bp × 2 orders: −$12
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$236.35
Costs to cover: 2.836%
Break-even: 24.2 days

Slippage from HTX: live order book, 56 min ago; Phoenix: live order book, 52 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 HTX live order book, 56 min ago	15.43 bp	121.3 bp −$121	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix live order book, 52 min ago	3.00 bp	20.2 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 −0.0004%	1h	0.1996	−0.115%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−0.740%	$1K	$5	5.5x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0100%	4h	0.2000	+0.060%	$4.7M	$18.8M	20x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.1988	−0.519%	$78K	−$0	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.2001	+0.085%	$2K	$1.8M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.2001	+0.110%	$160K	$7K	10x	as long as short
HTX FARTCOIN-USDTlong	+0.0100%	4h	0.1999	long leg	$69K	$152K	20x
Aevo FARTCOIN-PERP	+0.0144%	1h	0.2000	+0.067%	$32K	—	3x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0155%	1h	0.1994	−0.240%	$87K	$320K	10x	as long as short
Pacifica FARTCOIN	+0.0222%	1h	0.1998	−0.024%	$191K	$499K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster FARTCOINUSDT	+0.0230%	4h	0.2001	+0.099%	$83K	$236K	5x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0235%	1h	0.2001	+0.130%	$109K	$978K	10x	as long as short
Binance FARTCOINUSDT	+0.0255%	4h	0.2002	+0.160%	$19.5M	$92.3M	75x	as long as short
Extended FARTCOIN-USD	+0.0256%	1h	0.2000	+0.055%	$211K	$1.6M	25x	as long as short
MEXC FARTCOIN_USDT	+0.0270%	4h	0.2000	+0.050%	$24.7M	$15.7M	100x	as long as short
Bybit FARTCOINUSDT	+0.0294%	4h	0.2002	+0.145%	$31.0M	$60.5M	50x	as long as short
BingX FARTCOIN-USDT	+0.0310%	4h	0.2000	+0.060%	—	$14.8M	—	as long as short
Bitget FARTCOINUSDT	+0.0318%	4h	0.2001	+0.110%	$14.1M	$18.9M	50x	as long as short
Gate FARTCOIN_USDT	+0.0336%	4h	0.2000	+0.060%	$11.2M	$9.9M	75x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0336%	4h	0.1994	−0.240%	$257K	$4.7M	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0374%	1h	0.1991	−0.390%	$28K	$201K	50x	as long as short
KuCoin FARTCOINUSDTM	+0.0380%	4h	0.2002	+0.160%	$11.0M	$15.9M	50x	as long as short
Arcus FARTCOIN-USD	+0.0389%	1h	0.2004	+0.260%	$14K	$87K	10x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2000	+0.071%	$0	—	5x	as long as short
Variational Omni FARTCOIN	+0.0415%	4h	0.1993	−0.269%	$1.0M	$3.2M	—	as long as short
Hyperliquid FARTCOIN	+0.0432%	1h	0.2001	+0.110%	$48.0M	$38.0M	10x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0483% / S −0.0594%	1h	0.1997	−0.069%	$56K	—	100x	as long as short
BloFin FARTCOIN-USDT	+0.0495%	4h	0.1994	−0.240%	$999K	$2.2M	75x	as long as short
Phoenix FARTCOINshort	+0.0557%	1h	0.1990	−0.440%	$157K	$234K	10x
Lighter FARTCOIN	+0.0584%	1h	0.2001	+0.125%	$596K	$1.8M	10x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0601%	1h	0.2000	+0.060%	$119K	$57K	25x	as long as short
01 Exchange FARTCOINUSD	+0.0680%	1h	0.2004	+0.235%	$411	$477	10x	as long as short
Nado FARTCOIN-PERP	+0.0703%	1h	0.1992	−0.355%	$786K	$830K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0763%	4h	0.2001	+0.110%	$25K	$4K	20x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0774%	1h	0.2001	+0.126%	$792K	$2.3M	50x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1024%	1h	0.2006	+0.380%	$1.1M	$9.6M	50x	as long as short