FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0329%/8h= −36.0% APRnext payment −$0.41 per $10,000 · paid last 24h −0.088%

Price spread now: Backpack against Nado−0.329%7-day average −0.092% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$460.457% of the position

Long on Nado Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.112%−$11 on $10k

Price spread, last 4 days (all we have)+0.345%+$35 · spread now −0.329%, 7d avg −0.092%

Together, before fees+0.234%+ Points / potential airdropNado: Active · farm board+$23 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 Backpack is 0.236% cheaper against Nado than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.092%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.112% in total (about -11.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.41 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	Nado FARTCOIN-PERP	0.1985	0.0446	pay 0.0056% / 1h	30m 49s	$791K	$812K	10x
Short	Backpack FARTCOIN_USDC_PERP	0.1979	0.0117	get 0.0015% / 1h	30m 49s	$84K	$313K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Nado. 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 NadobpFee BackpackbpOrdersPrice spread, now −0.329%Rate

Funding earned: −$69.13
Price spread: −0.329% → −0.092%: −$23.62
Slippage, 4 orders: −$28.74
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$138.49
Costs to cover: 0.457%
Break-even: never at this rate

Slippage from Nado: live order book, 17 min ago; Backpack: live order book, 18 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 Nado live order book, 17 min ago	6.94 bp	14.3 bp −$14	37.5 bp −$375	doesn't fit	doesn't fit
Sell Backpack live order book, 18 min ago	0.25 bp	6.5 bp −$7	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
Deribit FARTCOIN_USDC-PERPETUAL	0.0000%	1h	0.1979	−0.329%	$118K	$57K	25x	as long as short
gTrade (Gains Network) FARTCOIN/USD	L +0.0005% / S −0.0004%	1h	0.1977	−0.427%	$1K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−0.062%	$1K	$5	5.5x	as long as short
Bulk FARTCOIN-USD	+0.0100%	1h	0.1986	+0.039%	$78K	−$0	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1988	+0.120%	$1K	$1.8M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1980	−0.263%	$159K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1989	+0.210%	$69K	$153K	20x	as long as short
Backpack FARTCOIN_USDC_PERPshort	+0.0117%	1h	0.1979	−0.329%	$84K	$313K	10x
Polymarket Perps FARTCOIN-USD	+0.0132%	1h	0.1984	−0.037%	$108K	$959K	10x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0159%	4h	0.1982	−0.162%	$4.9M	$17.9M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo FARTCOIN-PERP	+0.0160%	1h	0.1981	−0.213%	$32K	—	3x	as long as short
Bybit FARTCOINUSDT	+0.0168%	4h	0.1981	−0.198%	$30.9M	$58.8M	50x	as long as short
MEXC FARTCOIN_USDT	+0.0168%	4h	0.1981	−0.218%	$24.4M	$15.5M	100x	as long as short
Lighter FARTCOIN	+0.0232%	1h	0.1981	−0.223%	$612K	$1.8M	10x	as long as short
Phoenix FARTCOIN	+0.0238%	1h	0.1987	+0.089%	$156K	$219K	10x	as long as short
Bitget FARTCOINUSDT	+0.0256%	4h	0.1983	−0.112%	$13.9M	$18.8M	50x	as long as short
ApeX Omni FARTCOINUSDT	+0.0262%	1h	0.1982	−0.162%	$28K	$200K	50x	as long as short
Aster FARTCOINUSDT	+0.0293%	4h	0.1981	−0.213%	$83K	$231K	5x	as long as short
Binance FARTCOINUSDT	+0.0304%	4h	0.1983	−0.123%	$19.4M	$90.0M	75x	as long as short
Gate FARTCOIN_USDT	+0.0308%	4h	0.1980	−0.283%	$11.2M	$9.7M	75x	as long as short
BingX FARTCOIN-USDC	+0.0318%	4h	0.1982	−0.162%	—	$6.5M	—	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0336%	4h	0.1984	−0.084%	$248K	$4.6M	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0338%	4h	0.1981	−0.213%	$10.6M	$15.7M	50x	as long as short
Pacifica FARTCOIN	+0.0362%	1h	0.1985	−0.011%	$191K	$481K	10x	as long as short
Variational Omni FARTCOIN	+0.0402%	4h	0.1978	−0.357%	$1.0M	$3.2M	—	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1983	−0.098%	$0	—	5x	as long as short
Nado FARTCOIN-PERPlong	+0.0446%	1h	0.1985	long leg	$791K	$812K	10x
01 Exchange FARTCOINUSD	+0.0512%	1h	0.1988	+0.135%	$408	$477	10x	as long as short
Arcus FARTCOIN-USD	+0.0518%	1h	0.1989	+0.190%	$14K	$87K	10x	as long as short
Extended FARTCOIN-USD	+0.0520%	1h	0.1983	−0.112%	$224K	$1.7M	25x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0527% / S −0.0667%	1h	0.1976	−0.448%	$55K	—	100x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0540%	1h	0.1979	−0.312%	$770K	$2.3M	50x	as long as short
BloFin FARTCOIN-USDT	+0.0544%	4h	0.1984	−0.062%	$1.0M	$2.1M	75x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0803%	4h	0.1981	−0.213%	$24K	$4K	20x	as long as short
Hyperliquid FARTCOIN	+0.0872%	1h	0.1983	−0.122%	$48.2M	$36.5M	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1008%	1h	0.1984	−0.037%	$1.0M	$9.4M	50x	as long as short