Funding arb · Price arb /

FARTCOIN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0300%/8h= −32.8% APRpaid last 24h −0.049%

Price spread now: OKX against Lighter+0.239%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$520.519% of the position

Long on Lighter Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.195%−$19 on $10k

Price spread, last 7 days−0.181%−$18 · spread now +0.239%, 7d avg −0.020%

Together, before fees−0.376%+ Points / potential airdropLighter: Season 3 · farm board−$38 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.259% dearer against Lighter than usual: you sell high and buy low (spread +0.239% now, against its 7-day average of −0.020%): +$26 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.195% in total) that is about 9.3 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.195% in total (about -10.2% a year). A funding rate is set anew for every payment. 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	0.2009	0.0400	pay 0.0050% / 1h	26m 41s	$593K	$1.8M	10x
Short	OKX FARTCOIN-USDT-SWAP	0.2014	0.0100	get 0.0050% / 4h	1h 26m	$4.7M	$19.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Lighter. 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 LighterbpFee OKXbpOrdersPrice spread, now +0.239%Rate

Funding earned: −$63
Price spread: +0.239% → −0.020%: $25.9
Slippage, 4 orders: −$41.88
Fee Lighter: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$88.98
Costs to cover: 0.519%
Break-even: never at this rate

Slippage from Lighter: live order book, 10 min ago; OKX: live order book, 2 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, 10 min ago	5.04 bp	12.9 bp −$13	34.3 bp −$343	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	5.02 bp	15.8 bp −$16	34.8 bp −$348	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	0.1988	−1.077%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−1.254%	$1K	$5	5.5x	as long as short
OKX FARTCOIN-USDT-SWAPshort	+0.0100%	4h	0.2014	+0.239%	$4.7M	$19.1M	20x
Bulk FARTCOIN-USD	+0.0100%	1h	0.1987	−1.106%	$78K	−$0	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.2001	−0.383%	$2K	$1.8M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1999	−0.508%	$160K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.2000	−0.463%	$69K	$160K	20x	as long as short
Aevo FARTCOIN-PERP	+0.0136%	1h	0.1998	−0.540%	$32K	—	3x	as long as short
Extended FARTCOIN-USD	+0.0160%	1h	0.2012	+0.144%	$208K	$1.6M	25x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0199%	1h	0.1997	−0.617%	$109K	$982K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster FARTCOINUSDT	+0.0207%	4h	0.2002	−0.346%	$83K	$235K	5x	as long as short
MEXC FARTCOIN_USDT	+0.0220%	4h	0.2008	−0.080%	$24.8M	$15.8M	100x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0221%	1h	0.2001	−0.388%	$70K	$333K	10x	as long as short
Pacifica FARTCOIN	+0.0222%	1h	0.2009	−0.015%	$189K	$498K	10x	as long as short
Binance FARTCOINUSDT	+0.0234%	4h	0.2010	+0.026%	$19.6M	$92.7M	75x	as long as short
ApeX Omni FARTCOINUSDT	+0.0241%	1h	0.1991	−0.906%	$28K	$194K	50x	as long as short
Bybit FARTCOINUSDT	+0.0247%	4h	0.2012	+0.144%	$31.1M	$60.7M	50x	as long as short
BingX FARTCOIN-USDT	+0.0314%	4h	0.2010	+0.040%	—	$14.8M	—	as long as short
Bitget FARTCOINUSDT	+0.0324%	4h	0.2013	+0.189%	$14.1M	$19.0M	50x	as long as short
Gate FARTCOIN_USDT	+0.0326%	4h	0.2010	+0.035%	$11.3M	$9.9M	75x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0330%	4h	0.1989	−1.013%	$257K	$4.7M	10x	as long as short
Variational Omni FARTCOIN	+0.0371%	4h	0.1989	−1.020%	$1.0M	$3.2M	—	as long as short
Arcus FARTCOIN-USD	+0.0389%	1h	0.2013	+0.189%	$14K	$87K	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0392%	4h	0.2010	+0.040%	$11.0M	$15.8M	50x	as long as short
Lighter FARTCOINlong	+0.0400%	1h	0.2009	long leg	$593K	$1.8M	10x
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1988	−1.055%	$0	—	5x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0438% / S −0.0523%	1h	0.1997	−0.609%	$56K	—	100x	as long as short
Hyperliquid FARTCOIN	+0.0457%	1h	0.2007	−0.114%	$48.1M	$38.5M	10x	as long as short
BloFin FARTCOIN-USDT	+0.0474%	4h	0.1998	−0.557%	$991K	$2.3M	75x	as long as short
Phoenix FARTCOIN	+0.0557%	1h	0.1991	−0.896%	$157K	$234K	10x	as long as short
Nado FARTCOIN-PERP	+0.0640%	1h	0.1997	−0.589%	$787K	$828K	10x	as long as short
01 Exchange FARTCOINUSD	+0.0680%	1h	0.2019	+0.463%	$414	$477	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0721%	4h	0.1999	−0.508%	$25K	$4K	20x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0774%	1h	0.1999	−0.492%	$792K	$2.4M	50x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0802%	1h	0.1999	−0.503%	$119K	$57K	25x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1024%	1h	0.2002	−0.353%	$1.1M	$9.6M	50x	as long as short