Funding you earn now, next payment 03:00 UTC−0.0493%/8h= −54.0% APRnext payment −$0.62 per $10,000 · paid last 24h −0.164%
Price spread now: Lighter against Kraken Futures+0.152%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$670.665% of the position
Funding, last 7 days−0.466%−$47 on $10k
+Price spread, last 3 days (all we have)−0.263%−$26 · spread now +0.152%, 7d avg +0.048%
=Together, before fees−0.729%+ Points / potential airdropLighter: Season 3 · farm board−$73 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.103% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of +0.048%): +$10 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.466% in total) that is about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_FARTCOINUSD | 0.1924 | 0.0757 | pay 0.0095% / 1h | 52m 16s | $744K | $1.9M | 50x |
| Short | Lighter FARTCOIN | 0.1927 | 0.0264 | get 0.0033% / 1h | 52m 16s | $621K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$103.62
- Price spread: +0.152% → +0.048%
- $10.35
- Slippage, 4 orders
- −$56.52
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$159.78
- Costs to cover
- 0.665%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; Lighter: live order book, 4 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, 1 min ago | 7.79 bp | 17.9 bp −$18 | 38.9 bp −$389 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 3.37 bp | 11.1 bp −$11 | 32.0 bp −$320 | doesn't fit | doesn't fit |
FARTCOIN on 35 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 | 0.1924 | −0.049% | $14K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +3.093% | $1K | $2K | 5.5x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0100% | 1h | 0.1925 | +0.037% | $81K | $255K | 10x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0100% | 1h | 0.1924 | −0.025% | $24K | $210K | 50x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0100% | 1h | 0.1926 | +0.094% | $108K | $886K | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1928 | +0.157% | $2K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1927 | +0.131% | $154K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1928 | +0.172% | $67K | $150K | 20x | as long as short |
| Gate FARTCOIN_USDT | +0.0112% | 4h | 0.1926 | +0.074% | $10.9M | $8.5M | 75x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0136% | 4h | 0.1926 | +0.079% | $4.7M | $14.9M | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo FARTCOIN-PERP | +0.0176% | 1h | 0.1925 | +0.053% | $31K | — | 3x | as long as short |
| Bulk FARTCOIN-USD | +0.0204% | 1h | 0.1925 | +0.003% | $76K | $2K | 10x | as long as short |
| Lighter FARTCOINshort | +0.0264% | 1h | 0.1927 | +0.152% | $621K | $1.3M | 10x | |
| KuCoin FARTCOINUSDTM | +0.0266% | 4h | 0.1928 | +0.183% | $10.1M | $15.6M | 50x | as long as short |
| Pacifica FARTCOIN | +0.0311% | 1h | 0.1929 | +0.235% | $180K | $420K | 10x | as long as short |
| Binance FARTCOINUSDT | +0.0369% | 4h | 0.1926 | +0.079% | $18.3M | $77.8M | 75x | as long as short |
| Bitget FARTCOINUSDT | +0.0376% | 4h | 0.1926 | +0.079% | $13.6M | $17.2M | 50x | as long as short |
| Aster FARTCOINUSDT | +0.0394% | 4h | 0.1928 | +0.196% | $81K | $192K | 5x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1926 | +0.103% | $0 | — | 5x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0427% / S −0.0640% | 1h | 0.1924 | −0.020% | $44K | — | 100x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0438% | 4h | 0.1925 | +0.005% | $246K | $4.4M | 10x | as long as short |
| BingX FARTCOIN-USDC | +0.0528% | 4h | 0.1925 | +0.027% | — | $6.5M | — | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0530% | 1h | 0.1925 | +0.001% | $122K | $95K | 25x | as long as short |
| MEXC FARTCOIN_USDT | +0.0544% | 4h | 0.1927 | +0.126% | $32.0M | $14.2M | 100x | as long as short |
| Bybit FARTCOINUSDT | +0.0552% | 4h | 0.1926 | +0.105% | $29.9M | $52.3M | 50x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0576% | 1h | 0.1929 | +0.250% | $396 | $386 | 10x | as long as short |
| Hyperliquid FARTCOIN | +0.0590% | 1h | 0.1928 | +0.178% | $42.5M | $28.6M | 10x | as long as short |
| Extended FARTCOIN-USD | +0.0632% | 1h | 0.1925 | +0.049% | $209K | $2.0M | 25x | as long as short |
| Phoenix FARTCOIN | +0.0661% | 1h | 0.1927 | +0.126% | $152K | $218K | 10x | as long as short |
| Variational Omni FARTCOIN | +0.0672% | 4h | 0.1937 | +0.662% | $790K | $2.7M | — | as long as short |
| Nado FARTCOIN-PERP | +0.0726% | 1h | 0.1928 | +0.157% | $762K | $699K | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSDlong | +0.0757% | 1h | 0.1924 | long leg | $744K | $1.9M | 50x | |
| Orderly PERP_FARTCOIN_USDC | +0.0819% | 4h | 0.1926 | +0.079% | $24K | $3K | 20x | as long as short |
| Arcus FARTCOIN-USD | +0.0833% | 1h | 0.1928 | +0.183% | $14K | $112K | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1032% | 1h | 0.1933 | +0.437% | $1.0M | $7.1M | 50x | as long as short |
Kraken Futures PF_FARTCOINUSD
Lighter FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Backpack FARTCOIN_USDC_PERP
ApeX Omni FARTCOINUSDT
Polymarket Perps FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Gate FARTCOIN_USDT
OKX FARTCOIN-USDT-SWAP
Bulk FARTCOIN-USD
KuCoin FARTCOINUSDTM
Pacifica FARTCOIN
Binance FARTCOINUSDT
Bitget FARTCOINUSDT
Aster FARTCOINUSDT
GMX FARTCOIN/USD [WBTC.b-USDC]
GRVT FARTCOIN_USDT_Perp
BingX FARTCOIN-USDC
Deribit FARTCOIN_USDC-PERPETUAL
MEXC FARTCOIN_USDT
Bybit FARTCOINUSDT
01 Exchange FARTCOINUSD
Hyperliquid FARTCOIN
Extended FARTCOIN-USD
Phoenix FARTCOIN
Variational Omni FARTCOIN
Coinbase International FARTCOIN-PERP-INTX