FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0789%/8h= −86.4% APRnext payment −$0.99 per $10,000 · paid last 24h −0.141%

Price spread now: Deribit against Hyperliquid−0.545%50s7-day average −0.089% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as 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−$530.526% of the position

Long on Hyperliquid Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.052%−$5 on $10k

Price spread, last 4 days (all we have)+0.740%+$74 · spread now −0.545%, 7d avg −0.089%

Together, before fees+0.688%+ Points / potential airdropHyperliquid: Season 2 · farm board+$69 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Deribit is 0.456% cheaper against Hyperliquid than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of −0.089%). Swap the legs. The two prices were read 50 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 -0.052% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.99 per $10,000. 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	Hyperliquid FARTCOIN	0.1999	0.0942	pay 0.0118% / 1h	35m 30s	$48.6M	$36.4M	10x
Short	Deribit FARTCOIN_USDC-PERPETUAL	0.1988	0.0153	get 0.0019% / 1h	35m 30s	$120K	$55K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Hyperliquid. 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 HyperliquidbpFee DeribitbpOrdersPrice spread, now −0.545%Rate

Funding earned: −$165.77
Price spread: −0.545% → −0.089%: −$45.6
Slippage, 4 orders: −$36.62
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$264
Costs to cover: 0.526%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 8 min ago; Deribit: live order book, 13 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 Hyperliquid live order book, 8 min ago	2.25 bp	12.3 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Deribit live order book, 13 min ago	10.41 bp	13.9 bp −$14	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	0.1996	−0.158%	$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
Bulk FARTCOIN-USD	+0.0100%	1h	0.2004	+0.282%	$79K	−$0	10x	as long as short
MEXC FARTCOIN_USDT	+0.0100%	4h	0.1998	−0.065%	$24.6M	$15.5M	100x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1992	−0.350%	$2K	$1.8M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1990	−0.440%	$159K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1992	−0.350%	$69K	$153K	20x	as long as short
Bybit FARTCOINUSDT	+0.0109%	4h	0.2000	+0.040%	$31.4M	$58.4M	50x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0132%	1h	0.1989	−0.490%	$84K	$311K	10x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0150%	1h	0.1998	−0.060%	$109K	$952K	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-PERPETUALshort	+0.0153%	1h	0.1988	−0.545%	$120K	$55K	25x
Aevo FARTCOIN-PERP	+0.0160%	1h	0.1990	−0.440%	$32K	—	3x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0167%	4h	0.1999	+0.010%	$5.0M	$17.8M	20x	as long as short
Phoenix FARTCOIN	+0.0238%	1h	0.1996	−0.120%	$157K	$219K	10x	as long as short
Bitget FARTCOINUSDT	+0.0260%	4h	0.2000	+0.060%	$14.0M	$18.8M	50x	as long as short
Lighter FARTCOIN	+0.0264%	1h	0.1994	−0.260%	$621K	$1.8M	10x	as long as short
Aster FARTCOINUSDT	+0.0305%	4h	0.1999	+0.020%	$84K	$230K	5x	as long as short
Binance FARTCOINUSDT	+0.0317%	4h	0.1999	+0.009%	$19.6M	$89.6M	75x	as long as short
BingX FARTCOIN-USDC	+0.0318%	4h	0.1998	−0.040%	—	$6.5M	—	as long as short
ApeX Omni FARTCOINUSDT	+0.0325%	1h	0.1989	−0.490%	$28K	$200K	50x	as long as short
Gate FARTCOIN_USDT	+0.0352%	4h	0.1994	−0.230%	$11.2M	$9.6M	75x	as long as short
KuCoin FARTCOINUSDTM	+0.0352%	4h	0.1998	−0.040%	$10.8M	$15.7M	50x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0358%	4h	0.1990	−0.417%	$248K	$4.6M	10x	as long as short
Pacifica FARTCOIN	+0.0362%	1h	0.1995	−0.212%	$192K	$481K	10x	as long as short
Variational Omni FARTCOIN	+0.0390%	4h	0.1990	−0.451%	$1.0M	$3.2M	—	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1999	+0.020%	$0	—	5x	as long as short
Nado FARTCOIN-PERP	+0.0449%	1h	0.1999	+0.018%	$796K	$809K	10x	as long as short
Arcus FARTCOIN-USD	+0.0518%	1h	0.1996	−0.140%	$14K	$87K	10x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0528% / S −0.0667%	1h	0.1995	−0.191%	$55K	—	100x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0538%	1h	0.1989	−0.480%	$771K	$2.2M	50x	as long as short
01 Exchange FARTCOINUSD	+0.0552%	1h	0.1996	−0.150%	$410	$477	10x	as long as short
BloFin FARTCOIN-USDT	+0.0559%	4h	0.1993	−0.290%	$1.0M	$2.1M	75x	as long as short
Extended FARTCOIN-USD	+0.0568%	1h	0.1996	−0.142%	$225K	$1.7M	25x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0816%	4h	0.1990	−0.440%	$25K	$4K	20x	as long as short
Hyperliquid FARTCOINlong	+0.0942%	1h	0.1999	long leg	$48.6M	$36.4M	10x
Coinbase International FARTCOIN-PERP-INTX	+0.1008%	1h	0.1994	−0.225%	$1.0M	$9.4M	50x	as long as short