FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0543%/8h= −59.4% APRnext payment −$0.68 per $10,000 · paid last 24h −0.189%

Price spread now: Backpack against Kraken Futures−0.159%7-day average −0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$560.555% of the position

Long on Kraken Futures Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.079%−$8 on $10k

Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.159%, 7d avg −0.072%

Together, before fees+0.009%+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Backpack is 0.086% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.072%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.68 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	Kraken Futures PF_FARTCOINUSD	0.2013	0.0875	pay 0.0109% / 1h	37m 41s	$814K	$2.5M	50x
Short	Backpack FARTCOIN_USDC_PERP	0.2010	0.0332	get 0.0041% / 1h	37m 41s	$66K	$337K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Kraken Futures. 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 Kraken FuturesbpFee BackpackbpOrdersPrice spread, now −0.159%Rate

Funding earned: −$113.97
Price spread: −0.159% → −0.072%: −$8.63
Slippage, 4 orders: −$35.53
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$178.13
Costs to cover: 0.555%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 6 min ago; Backpack: live order book, 1 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 Kraken Futures live order book, 6 min ago	7.41 bp	24.5 bp −$25	49.0 bp −$490	doesn't fit	doesn't fit
Sell Backpack live order book, 1 min ago	0.25 bp	7.6 bp −$8	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	0.2011	−0.101%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−1.440%	$1K	$5	5.5x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0100%	4h	0.2012	−0.049%	$4.8M	$19.6M	20x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.2011	−0.099%	$79K	−$0	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.2017	+0.209%	$1K	$1.9M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.2013	0.000%	$161K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.2020	+0.363%	$70K	$161K	20x	as long as short
Extended FARTCOIN-USD	+0.0104%	1h	0.2013	−0.001%	$203K	$1.6M	25x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0148%	1h	0.2012	−0.039%	$120K	$57K	25x	as long as short
Aevo FARTCOIN-PERP	+0.0152%	1h	0.2012	−0.032%	$32K	—	3x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica FARTCOIN	+0.0170%	1h	0.2009	−0.197%	$186K	$502K	10x	as long as short
Aster FARTCOINUSDT	+0.0200%	4h	0.2010	−0.164%	$84K	$235K	5x	as long as short
Bybit FARTCOINUSDT	+0.0207%	4h	0.2009	−0.184%	$31.2M	$62.2M	50x	as long as short
MEXC FARTCOIN_USDT	+0.0208%	4h	0.2010	−0.159%	$24.9M	$15.8M	100x	as long as short
Binance FARTCOINUSDT	+0.0270%	4h	0.2009	−0.207%	$19.4M	$94.3M	75x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0274%	1h	0.2015	+0.119%	$109K	$974K	10x	as long as short
Bitget FARTCOINUSDT	+0.0322%	4h	0.2012	−0.049%	$14.1M	$19.1M	50x	as long as short
Lighter FARTCOIN	+0.0328%	1h	0.2011	−0.124%	$600K	$1.8M	10x	as long as short
BingX FARTCOIN-USDT	+0.0328%	4h	0.2012	−0.049%	—	$14.9M	—	as long as short
Backpack FARTCOIN_USDC_PERPshort	+0.0332%	1h	0.2010	−0.159%	$66K	$337K	10x
ApeX Omni FARTCOINUSDT	+0.0351%	1h	0.2023	+0.497%	$28K	$192K	50x	as long as short
Variational Omni FARTCOIN	+0.0367%	4h	0.2021	+0.398%	$1.1M	$3.1M	—	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0400%	4h	0.2023	+0.498%	$260K	$4.7M	10x	as long as short
Gate FARTCOIN_USDT	+0.0410%	4h	0.2007	−0.278%	$11.3M	$10.1M	75x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2015	+0.108%	$0	—	5x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0439% / S −0.0523%	1h	0.2011	−0.105%	$56K	—	100x	as long as short
Nado FARTCOIN-PERP	+0.0461%	1h	0.2016	+0.174%	$800K	$835K	10x	as long as short
BloFin FARTCOIN-USDT	+0.0511%	4h	0.2019	+0.298%	$989K	$2.3M	75x	as long as short
KuCoin FARTCOINUSDTM	+0.0518%	4h	0.2009	−0.198%	$11.0M	$15.8M	50x	as long as short
Phoenix FARTCOIN	+0.0637%	1h	0.2024	+0.522%	$159K	$233K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0678%	4h	0.2015	+0.100%	$26K	$5K	20x	as long as short
Hyperliquid FARTCOIN	+0.0811%	1h	0.2008	−0.243%	$48.5M	$39.6M	10x	as long as short
Arcus FARTCOIN-USD	+0.0826%	1h	0.2011	−0.099%	$14K	$87K	10x	as long as short
01 Exchange FARTCOINUSD	+0.0864%	1h	0.2007	−0.298%	$412	$477	10x	as long as short
Kraken Futures PF_FARTCOINUSDlong	+0.0875%	1h	0.2013	long leg	$814K	$2.5M	50x
Coinbase International FARTCOIN-PERP-INTX	+0.1056%	1h	0.2017	+0.189%	$1.2M	$9.8M	50x	as long as short