Funding you earn now, next payment 06:00 UTC+0.0165%/8h= +18.1% APRnext payment +$0.21 per $10,000 · paid last 24h +0.034%
Price spread now: Phoenix against Lighter−0.674%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$620.622% of the position
Funding, last 7 days+0.391%+$39 on $10k
+Price spread, last 4 days (all we have)+0.817%+$82 · spread now −0.674%, 7d avg +0.046%
=Together, before fees+1.208%+ Points / potential airdropLighter: Season 3 · farm board+$121 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.720% cheaper against Lighter than usual: you would sell low and buy high (spread −0.674% now, against its 7-day average of +0.046%). If the spread goes back, that is −$72 on $10k: about 15 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter FARTCOIN | 0.2032 | 0.0392 | pay 0.0049% / 1h | 24m 49s | $600K | $1.8M | 10x |
| Short | Phoenix FARTCOIN | 0.2019 | 0.0557 | get 0.0070% / 1h | 24m 49s | $159K | $234K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $34.63
- Price spread: −0.674% → +0.046%
- −$72
- Slippage, 4 orders
- −$55.23
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$99.6
- Costs to cover
- 0.622%
- Break-even
- 27.1 days
Slippage from Lighter: live order book, 12 min ago; Phoenix: live order book, 13 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, 12 min ago | 5.04 bp | 12.9 bp −$13 | 34.3 bp −$343 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 13 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 | 0.2010 | −1.120% | $1K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −2.377% | $1K | $5 | 5.5x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0100% | 4h | 0.2032 | −0.015% | $4.8M | $19.4M | 20x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1987 | −2.230% | $78K | −$0 | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.2029 | −0.143% | $1K | $1.8M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.2026 | −0.310% | $162K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.2031 | −0.044% | $70K | $160K | 20x | as long as short |
| Aevo FARTCOIN-PERP | +0.0136% | 1h | 0.2026 | −0.335% | $32K | — | 3x | as long as short |
| Extended FARTCOIN-USD | +0.0160% | 1h | 0.2031 | −0.083% | $211K | $1.6M | 25x | as long as short |
| Aster FARTCOINUSDT | +0.0207% | 4h | 0.2028 | −0.210% | $85K | $235K | 5x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica FARTCOIN | +0.0222% | 1h | 0.2024 | −0.424% | $191K | $498K | 10x | as long as short |
| Bybit FARTCOINUSDT | +0.0232% | 4h | 0.2031 | −0.089% | $31.4M | $60.9M | 50x | as long as short |
| MEXC FARTCOIN_USDT | +0.0246% | 4h | 0.2028 | −0.202% | $25.0M | $15.8M | 100x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0246% | 1h | 0.2032 | −0.015% | $111K | $982K | 10x | as long as short |
| Binance FARTCOINUSDT | +0.0251% | 4h | 0.2031 | −0.049% | $19.8M | $92.9M | 75x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0262% | 1h | 0.2026 | −0.295% | $71K | $333K | 10x | as long as short |
| BingX FARTCOIN-USDC | +0.0314% | 4h | 0.2030 | −0.113% | — | $6.5M | — | as long as short |
| Gate FARTCOIN_USDT | +0.0326% | 4h | 0.2031 | −0.069% | $11.4M | $10.0M | 75x | as long as short |
| Bitget FARTCOINUSDT | +0.0328% | 4h | 0.2031 | −0.064% | $14.2M | $19.0M | 50x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0344% | 4h | 0.1998 | −1.688% | $258K | $4.7M | 10x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0353% | 1h | 0.1999 | −1.639% | $28K | $195K | 50x | as long as short |
| Variational Omni FARTCOIN | +0.0384% | 4h | 0.2012 | −1.014% | $1.0M | $3.2M | — | as long as short |
| Arcus FARTCOIN-USD | +0.0389% | 1h | 0.2030 | −0.113% | $14K | $87K | 10x | as long as short |
| Lighter FARTCOINlong | +0.0392% | 1h | 0.2032 | long leg | $600K | $1.8M | 10x | |
| KuCoin FARTCOINUSDTM | +0.0398% | 4h | 0.2033 | +0.034% | $11.2M | $15.8M | 50x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.2014 | −0.916% | $0 | — | 5x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0438% / S −0.0523% | 1h | 0.1997 | −1.739% | $56K | — | 100x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0491% | 1h | 0.2027 | −0.276% | $120K | $57K | 25x | as long as short |
| BloFin FARTCOIN-USDT | +0.0491% | 4h | 0.2025 | −0.359% | $992K | $2.3M | 75x | as long as short |
| Hyperliquid FARTCOIN | +0.0504% | 1h | 0.2033 | +0.015% | $48.9M | $38.8M | 10x | as long as short |
| Phoenix FARTCOINshort | +0.0557% | 1h | 0.2019 | −0.674% | $159K | $234K | 10x | |
| Nado FARTCOIN-PERP | +0.0594% | 1h | 0.2031 | −0.039% | $801K | $827K | 10x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0704% | 1h | 0.2039 | +0.330% | $418 | $477 | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0725% | 4h | 0.2028 | −0.212% | $25K | $4K | 20x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0764% | 1h | 0.2027 | −0.262% | $802K | $2.4M | 50x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1024% | 1h | 0.2037 | +0.212% | $1.1M | $9.8M | 50x | as long as short |
Lighter FARTCOIN
Phoenix FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
OKX FARTCOIN-USDT-SWAP
Bulk FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Extended FARTCOIN-USD
Aster FARTCOINUSDT
Pacifica FARTCOIN
Bybit FARTCOINUSDT
MEXC FARTCOIN_USDT
Polymarket Perps FARTCOIN-USD
Binance FARTCOINUSDT
Backpack FARTCOIN_USDC_PERP
BingX FARTCOIN-USDC
Gate FARTCOIN_USDT
Bitget FARTCOINUSDT
GRVT FARTCOIN_USDT_Perp
ApeX Omni FARTCOINUSDT
Variational Omni FARTCOIN
KuCoin FARTCOINUSDTM
GMX FARTCOIN/USD [WBTC.b-USDC]
Deribit FARTCOIN_USDC-PERPETUAL
BloFin FARTCOIN-USDT
Hyperliquid FARTCOIN
01 Exchange FARTCOINUSD
Kraken Futures PF_FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX