Funding you earn now, next payment 21:00 UTC+0.0193%/8h= +21.1% APRnext payment +$0.24 per $10,000 · paid last 24h +0.027%
Price spread now: Deribit against Lighter−0.118%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$440.441% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.702%+$70 · spread now −0.118%, 7d avg −0.087%
=Together, before fees+0.700%+ Points / potential airdropLighter: Season 3 · farm board+$70 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.031% cheaper against Lighter than usual: you would sell low and buy high (spread −0.118% now, against its 7-day average of −0.087%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$6 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.24 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 | Lighter FARTCOIN | 0.1952 | 0.0224 | pay 0.0028% / 1h | 31m 16s | $632K | $847K | 10x |
| Short | Deribit FARTCOIN_USDC-PERPETUAL | 0.1950 | 0.0417 | get 0.0052% / 1h | 31m 16s | $122K | $95K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Lighter. 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
- $40.53
- Price spread: −0.118% → −0.087%
- −$3.12
- Slippage, 4 orders
- −$37.05
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$6.64
- Costs to cover
- 0.441%
- Break-even
- 8.1 days
Slippage from Lighter: live order book, 14 min ago; Deribit: live order book, 17 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 Lighter live order book, 14 min ago | 3.36 bp | 11.1 bp −$11 | 49.0 bp −$490 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 17 min ago | 7.53 bp | 11.0 bp −$11 | 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 −0.0001% | 1h | 0.1948 | −0.182% | $44K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +1.645% | $1K | $4K | 5.5x | as long as short |
| Bybit FARTCOINUSDT | +0.0100% | 4h | 0.1950 | −0.092% | $30.8M | $46.8M | 50x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1951 | −0.052% | $77K | $25K | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0100% | 4h | 0.1950 | −0.077% | $32.1M | $13.5M | 100x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0100% | 1h | 0.1949 | −0.159% | $107K | $794K | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1953 | +0.072% | $1K | $1.6M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1951 | −0.046% | $156K | $6K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1954 | +0.128% | $68K | $206K | 20x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0100% | 4h | 0.1950 | −0.097% | $4.7M | $13.5M | 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 | 0.1950 | −0.082% | $199K | $2.1M | 25x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0108% | 4h | 0.1947 | −0.242% | $253K | $4.6M | 10x | as long as short |
| Aevo FARTCOIN-PERP | +0.0120% | 1h | 0.1950 | −0.097% | $31K | — | 3x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0128% | 1h | 0.1949 | −0.128% | $82K | $233K | 10x | as long as short |
| Aster FARTCOINUSDT | +0.0128% | 4h | 0.1952 | +0.016% | $79K | $179K | 5x | as long as short |
| Gate FARTCOIN_USDT | +0.0134% | 4h | 0.1951 | −0.067% | $10.9M | $7.6M | 75x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0142% | 4h | 0.1951 | −0.046% | $10.4M | $15.5M | 50x | as long as short |
| Binance FARTCOINUSDT | +0.0156% | 4h | 0.1950 | −0.115% | $19.2M | $70.1M | 75x | as long as short |
| Bitget FARTCOINUSDT | +0.0218% | 4h | 0.1951 | −0.046% | $13.6M | $14.5M | 50x | as long as short |
| Lighter FARTCOINlong | +0.0224% | 1h | 0.1952 | long leg | $632K | $847K | 10x | |
| Pacifica FARTCOIN | +0.0282% | 1h | 0.1950 | −0.097% | $183K | $398K | 10x | as long as short |
| BloFin FARTCOIN-USDT | +0.0396% | 4h | 0.1945 | −0.354% | $995K | $1.7M | 75x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1949 | −0.141% | $0 | — | 5x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0413% | 1h | 0.1945 | −0.354% | $23K | $221K | 50x | as long as short |
| BingX FARTCOIN-USDT | +0.0416% | 4h | 0.1949 | −0.149% | — | $14.4M | — | as long as short |
| Deribit FARTCOIN_USDC-PERPETUALshort | +0.0417% | 1h | 0.1950 | −0.118% | $122K | $95K | 25x | |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0439% / S −0.0910% | 1h | 0.1948 | −0.209% | $62K | — | 100x | as long as short |
| Variational Omni FARTCOIN | +0.0494% | 4h | 0.1950 | −0.119% | $832K | $2.4M | — | as long as short |
| Nado FARTCOIN-PERP | +0.0503% | 1h | 0.1949 | −0.142% | $790K | $646K | 10x | as long as short |
| Arcus FARTCOIN-USD | +0.0557% | 1h | 0.1949 | −0.149% | $14K | $114K | 10x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0560% | 1h | 0.1949 | −0.143% | $395 | $381 | 10x | as long as short |
| Phoenix FARTCOIN | +0.0579% | 1h | 0.1953 | +0.061% | $114K | $155K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0594% | 4h | 0.1949 | −0.149% | $24K | $3K | 20x | as long as short |
| Hyperliquid FARTCOIN | +0.0766% | 1h | 0.1952 | +0.020% | $43.1M | $25.6M | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0948% | 1h | 0.1950 | −0.094% | $774K | $1.7M | 50x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.0968% | 1h | 0.1954 | +0.118% | $973K | $7.7M | 50x | as long as short |
Lighter FARTCOIN
Deribit FARTCOIN_USDC-PERPETUAL
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Bybit FARTCOINUSDT
Bulk FARTCOIN-USD
MEXC FARTCOIN_USDT
Polymarket Perps FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
OKX FARTCOIN-USDT-SWAP
Extended FARTCOIN-USD
GRVT FARTCOIN_USDT_Perp
Backpack FARTCOIN_USDC_PERP
Aster FARTCOINUSDT
Gate FARTCOIN_USDT
KuCoin FARTCOINUSDTM
Binance FARTCOINUSDT
Bitget FARTCOINUSDT
Pacifica FARTCOIN
BloFin FARTCOIN-USDT
ApeX Omni FARTCOINUSDT
BingX FARTCOIN-USDT
GMX FARTCOIN/USD [WBTC.b-USDC]
Variational Omni FARTCOIN
01 Exchange FARTCOINUSD
Phoenix FARTCOIN
Hyperliquid FARTCOIN
Kraken Futures PF_FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX