FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0318%/8h= −34.9% APRnext payment −$0.40 per $10,000 · paid last 24h −0.118%

Price spread now: Phoenix against Kraken Futures−0.070%7-day average +0.103% · you buy dearer than you sell

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$800.795% of the position

Long on Kraken Futures Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days−0.099%−$10 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now −0.070%, 7d avg +0.103%

Together, before fees−0.099%−$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Phoenix is 0.173% cheaper against Kraken Futures than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.103%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.099% in total (about -5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.40 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	0.2011	0.0875	pay 0.0109% / 1h	54m 32s	$815K	$2.4M	50x
Short	Phoenix FARTCOIN	0.2010	0.0557	get 0.0070% / 1h	54m 32s	$158K	$233K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.070%Rate

Funding earned: −$66.87
Price spread: −0.070% → +0.103%: −$17.31
Slippage, 4 orders: −$62.53
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$163.7
Costs to cover: 0.795%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; Phoenix: live order book, 43 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, 4 min ago	7.47 bp	21.7 bp −$22	42.4 bp −$424	doesn't fit	doesn't fit
Sell Phoenix live order book, 43 min ago	3.02 bp	20.3 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	0.2006	−0.254%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−1.348%	$1K	$5	5.5x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0100%	4h	0.2007	−0.205%	$4.7M	$19.4M	20x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.2008	−0.155%	$79K	−$0	10x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0100%	1h	0.2011	−0.011%	$69K	$334K	10x	as long as short
ApeX Omni FARTCOINUSDT	+0.0100%	1h	0.2008	−0.155%	$28K	$192K	50x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0100%	1h	0.2006	−0.259%	$110K	$973K	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.2011	+0.009%	$2K	$1.9M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.2010	−0.055%	$161K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.2010	−0.070%	$70K	$161K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended FARTCOIN-USD	+0.0104%	1h	0.2007	−0.209%	$205K	$1.6M	25x	as long as short
Lighter FARTCOIN	+0.0120%	1h	0.2008	−0.165%	$598K	$1.8M	10x	as long as short
Aevo FARTCOIN-PERP	+0.0144%	1h	0.2008	−0.137%	$32K	—	3x	as long as short
Bybit FARTCOINUSDT	+0.0154%	4h	0.2007	−0.205%	$31.2M	$61.8M	50x	as long as short
MEXC FARTCOIN_USDT	+0.0162%	4h	0.2005	−0.309%	$24.8M	$15.7M	100x	as long as short
Pacifica FARTCOIN	+0.0170%	1h	0.2005	−0.312%	$187K	$503K	10x	as long as short
Aster FARTCOINUSDT	+0.0177%	4h	0.2008	−0.178%	$84K	$235K	5x	as long as short
Binance FARTCOINUSDT	+0.0233%	4h	0.2007	−0.208%	$19.5M	$93.9M	75x	as long as short
BingX FARTCOIN-USDT	+0.0306%	4h	0.2005	−0.304%	—	$14.9M	—	as long as short
Bitget FARTCOINUSDT	+0.0310%	4h	0.2008	−0.155%	$14.0M	$19.1M	50x	as long as short
Variational Omni FARTCOIN	+0.0312%	4h	0.2004	−0.345%	$1.0M	$3.2M	—	as long as short
Gate FARTCOIN_USDT	+0.0332%	4h	0.2005	−0.289%	$11.3M	$10.0M	75x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0358%	4h	0.2012	+0.059%	$250K	$4.7M	10x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.2007	−0.200%	$0	—	5x	as long as short
KuCoin FARTCOINUSDTM	+0.0426%	4h	0.2007	−0.205%	$11.0M	$15.8M	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0438% / S −0.0523%	1h	0.2006	−0.245%	$56K	—	100x	as long as short
Nado FARTCOIN-PERP	+0.0459%	1h	0.2007	−0.226%	$796K	$834K	10x	as long as short
Hyperliquid FARTCOIN	+0.0464%	1h	0.2008	−0.180%	$48.2M	$39.3M	10x	as long as short
BloFin FARTCOIN-USDT	+0.0478%	4h	0.2007	−0.205%	$1.0M	$2.3M	75x	as long as short
01 Exchange FARTCOINUSD	+0.0496%	1h	0.2008	−0.165%	$412	$477	10x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0498%	1h	0.2008	−0.150%	$119K	$57K	25x	as long as short
Phoenix FARTCOINshort	+0.0557%	1h	0.2010	−0.070%	$158K	$233K	10x
Orderly PERP_FARTCOIN_USDC	+0.0689%	4h	0.2009	−0.105%	$25K	$4K	20x	as long as short
Arcus FARTCOIN-USD	+0.0826%	1h	0.2007	−0.205%	$14K	$87K	10x	as long as short
Kraken Futures PF_FARTCOINUSDlong	+0.0875%	1h	0.2011	long leg	$815K	$2.4M	50x
Coinbase International FARTCOIN-PERP-INTX	+0.1056%	1h	0.2015	+0.198%	$1.2M	$9.8M	50x	as long as short