FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0722%/8h= −79.1% APRnext payment −$0.90 per $10,000 · paid last 24h −0.106%

Price spread now: Lighter against Hyperliquid−0.212%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$400.399% of the position

Long on Hyperliquid Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)+0.271%+$27 · spread now −0.212%, 7d avg +0.016%

Together, before fees+0.257%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board+$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Lighter is 0.228% cheaper against Hyperliquid than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.016%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.90 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	0.1933	0.0978	pay 0.0122% / 1h	16m 23s	$42.9M	$26.8M	10x
Short	Lighter FARTCOIN	0.1928	0.0256	get 0.0032% / 1h	16m 23s	$590K	$884K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.212%Rate

Funding earned: −$151.64
Price spread: −0.212% → +0.016%: −$22.83
Slippage, 4 orders: −$30.9
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: −$214.37
Costs to cover: 0.399%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 7 min ago; Lighter: live order book, 64 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, 7 min ago	1.29 bp	12.9 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 64 min ago	2.59 bp	9.0 bp −$9	41.0 bp −$410	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	0.1928	−0.233%	$34K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+2.665%	$1K	$4K	5.5x	as long as short
Aster FARTCOINUSDT	+0.0100%	4h	0.1927	−0.285%	$77K	$193K	5x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.1929	−0.187%	$76K	$15K	10x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0100%	1h	0.1930	−0.114%	$106K	$854K	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1932	−0.031%	$1K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1930	−0.129%	$155K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1929	−0.176%	$67K	$171K	20x	as long as short
Bitget FARTCOINUSDT	+0.0118%	4h	0.1931	−0.078%	$13.5M	$15.3M	50x	as long as short
Aevo FARTCOIN-PERP	+0.0120%	1h	0.1929	−0.198%	$31K	—	3x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC FARTCOIN_USDT	+0.0138%	4h	0.1928	−0.207%	$31.7M	$13.9M	100x	as long as short
Binance FARTCOINUSDT	+0.0142%	4h	0.1930	−0.129%	$18.4M	$72.9M	75x	as long as short
Bybit FARTCOINUSDT	+0.0159%	4h	0.1930	−0.145%	$29.9M	$49.4M	50x	as long as short
Pacifica FARTCOIN	+0.0166%	1h	0.1929	−0.198%	$181K	$405K	10x	as long as short
BingX FARTCOIN-USDC	+0.0170%	4h	0.1927	−0.285%	—	$6.5M	—	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0172%	4h	0.1931	−0.078%	$4.5M	$13.6M	20x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0208%	4h	0.1930	−0.140%	$247K	$4.3M	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0240%	4h	0.1929	−0.181%	$10.2M	$15.8M	50x	as long as short
Lighter FARTCOINshort	+0.0256%	1h	0.1928	−0.212%	$590K	$884K	10x
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0285% / S −0.0371%	1h	0.1928	−0.240%	$44K	—	100x	as long as short
Nado FARTCOIN-PERP	+0.0305%	1h	0.1930	−0.105%	$782K	$696K	10x	as long as short
Variational Omni FARTCOIN	+0.0308%	4h	0.1929	−0.199%	$815K	$2.5M	—	as long as short
BloFin FARTCOIN-USDT	+0.0386%	4h	0.1925	−0.388%	$948K	$1.8M	75x	as long as short
Extended FARTCOIN-USD	+0.0392%	1h	0.1930	−0.125%	$201K	$2.1M	25x	as long as short
Gate FARTCOIN_USDT	+0.0402%	4h	0.1928	−0.217%	$10.9M	$7.9M	75x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1930	−0.110%	$0	—	5x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0431%	1h	0.1926	−0.357%	$82K	$266K	10x	as long as short
Phoenix FARTCOIN	+0.0463%	1h	0.1929	−0.186%	$152K	$172K	10x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0476%	1h	0.1930	−0.150%	$123K	$95K	25x	as long as short
Arcus FARTCOIN-USD	+0.0557%	1h	0.1932	−0.026%	$14K	$111K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0597%	4h	0.1931	−0.078%	$24K	$3K	20x	as long as short
ApeX Omni FARTCOINUSDT	+0.0648%	1h	0.1929	−0.181%	$26K	$227K	50x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0810%	1h	0.1929	−0.198%	$742K	$1.7M	50x	as long as short
01 Exchange FARTCOINUSD	+0.0912%	1h	0.1935	+0.150%	$392	$381	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.0968%	1h	0.1936	+0.171%	$965K	$7.7M	50x	as long as short
Hyperliquid FARTCOINlong	+0.0978%	1h	0.1933	long leg	$42.9M	$26.8M	10x