FARTCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0420%/8h= +45.9% APRnext payment +$0.52 per $10,000 · paid last 24h +0.092%

Price spread now: Hyperliquid against Phoenix−0.221%61s7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$650.646% of the position

Long on Phoenix Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.363%−$36 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.221%, 7d avg −0.068%

Together, before fees−0.413%+ Points / potential airdropHyperliquid: Season 2 · farm board−$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 0.152% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.221% now, against its 7-day average of −0.068%). If the spread goes back, that is −$15 on $10k: about 29 hours of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −0.363%, so the current rate has only just turned in your favour. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix FARTCOIN	0.1948	0.0704	pay 0.0088% / 1h	42m 14s	$154K	$211K	10x
Short	Hyperliquid FARTCOIN	0.1943	0.1124	get 0.0140% / 1h	42m 14s	$43.5M	$29.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Phoenix. 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 PhoenixbpFee HyperliquidbpOrdersPrice spread, now −0.221%Rate

Funding earned: $88.1
Price spread: −0.221% → −0.068%: −$15.23
Slippage, 4 orders: −$48.59
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $8.28
Costs to cover: 0.646%
Break-even: 6.3 days

Slippage from Phoenix: live order book, 9 min ago; Hyperliquid: live order book, 11 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 Phoenix live order book, 9 min ago	3.09 bp	20.3 bp −$20	66.5 bp −$665	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 11 min ago	0.51 bp	10.7 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 −0.0004%	1h	0.1941	−0.339%	$569	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	+1.859%	$1K	$5	5.5x	as long as short
Polymarket Perps FARTCOIN-USD	+0.0100%	1h	0.1942	−0.288%	$109K	$864K	10x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1944	−0.190%	$1K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1945	−0.144%	$156K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1945	−0.128%	$67K	$151K	20x	as long as short
Bulk FARTCOIN-USD	+0.0183%	1h	0.1945	−0.162%	$77K	$2K	10x	as long as short
Aevo FARTCOIN-PERP	+0.0184%	1h	0.1944	−0.219%	$31K	—	3x	as long as short
Gate FARTCOIN_USDT	+0.0258%	4h	0.1942	−0.293%	$11.0M	$8.7M	75x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0259%	4h	0.1947	−0.041%	$4.7M	$15.2M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget FARTCOINUSDT	+0.0260%	4h	0.1942	−0.298%	$13.7M	$17.2M	50x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0264%	1h	0.1941	−0.349%	$82K	$255K	10x	as long as short
Lighter FARTCOIN	+0.0296%	1h	0.1947	−0.031%	$628K	$1.3M	10x	as long as short
Pacifica FARTCOIN	+0.0348%	1h	0.1942	−0.283%	$181K	$412K	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0374%	4h	0.1944	−0.195%	$10.7M	$15.5M	50x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0392% / S −0.0572%	1h	0.1941	−0.328%	$44K	—	100x	as long as short
Bybit FARTCOINUSDT	+0.0410%	4h	0.1945	−0.169%	$30.1M	$53.5M	50x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1942	−0.284%	$0	—	5x	as long as short
Binance FARTCOINUSDT	+0.0413%	4h	0.1945	−0.143%	$18.7M	$79.0M	75x	as long as short
MEXC FARTCOIN_USDT	+0.0414%	4h	0.1944	−0.190%	$32.1M	$14.2M	100x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0420%	1h	0.1943	−0.252%	$123K	$62K	25x	as long as short
BingX FARTCOIN-USDT	+0.0432%	4h	0.1946	−0.092%	—	$14.5M	—	as long as short
Aster FARTCOINUSDT	+0.0461%	4h	0.1944	−0.203%	$82K	$192K	5x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0492%	4h	0.1944	−0.194%	$245K	$4.4M	10x	as long as short
Extended FARTCOIN-USD	+0.0592%	1h	0.1944	−0.215%	$217K	$2.0M	25x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0599%	1h	0.1945	−0.130%	$759K	$1.9M	50x	as long as short
Variational Omni FARTCOIN	+0.0628%	4h	0.1939	−0.447%	$807K	$2.7M	—	as long as short
BloFin FARTCOIN-USDT	+0.0651%	4h	0.1944	−0.195%	$969K	$2.0M	75x	as long as short
ApeX Omni FARTCOINUSDT	+0.0666%	1h	0.1944	−0.195%	$27K	$211K	50x	as long as short
Phoenix FARTCOINlong	+0.0704%	1h	0.1948	long leg	$154K	$211K	10x
Nado FARTCOIN-PERP	+0.0786%	1h	0.1943	−0.272%	$787K	$732K	10x	as long as short
Orderly PERP_FARTCOIN_USDC	+0.0907%	4h	0.1945	−0.144%	$24K	$4K	20x	as long as short
Arcus FARTCOIN-USD	+0.0973%	1h	0.1942	−0.298%	$14K	$112K	10x	as long as short
01 Exchange FARTCOINUSD	+0.1056%	1h	0.1943	−0.252%	$399	$386	10x	as long as short
Hyperliquid FARTCOINshort	+0.1124%	1h	0.1943	−0.221%	$43.5M	$29.6M	10x
Coinbase International FARTCOIN-PERP-INTX	+0.1152%	1h	0.1956	+0.411%	$1.1M	$7.4M	50x	as long as short