Funding arb · Price arb /

FARTCOIN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.030%

Price spread now: Orderly against Phoenix−0.757%66s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.757% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.757% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$76 on $10k: about 24 days of funding at the current rate (+$3 a day). The two prices were read 66 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	0.2007	0.0614	pay 0.0077% / 1h	4m 22s	$158K	$220K	10x
Short	Orderly PERP_FARTCOIN_USDC	0.1992	0.0719	get 0.0360% / 4h	3h 04m	$25K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.757%Rate

Funding earned: $22.04
Price spread: −0.757% → 0.000%: −$75.73
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$66.69
Costs to cover: 0.130%
Break-even: 28.2 days

Slippage unknown: Phoenix: live order book, 62 min ago; Orderly: no order-book sample. Net counts fees only.

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, 62 min ago	3.10 bp	20.3 bp −$20	66.3 bp −$663	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 0.0000%	1h	0.1989	−0.927%	$14K	—	150x	as long as short
Injective FARTCOIN/USDC PERP	+0.0033%	1h	0.1984	−1.156%	$1K	$2K	5.5x	as long as short
SunX FARTCOIN-USDT	+0.0100%	4h	0.1991	−0.827%	$2K	$1.7M	20x	as long as short
SoDEX FARTCOIN-USD	+0.0100%	1h	0.1988	−0.957%	$159K	$7K	10x	as long as short
HTX FARTCOIN-USDT	+0.0100%	4h	0.1995	−0.628%	$69K	$151K	20x	as long as short
Gate FARTCOIN_USDT	+0.0122%	4h	0.1990	−0.867%	$11.2M	$8.2M	75x	as long as short
OKX FARTCOIN-USDT-SWAP	+0.0125%	4h	0.1992	−0.757%	$4.7M	$14.3M	20x	as long as short
Bulk FARTCOIN-USD	+0.0148%	1h	0.2000	−0.384%	$79K	$2K	10x	as long as short
Aevo FARTCOIN-PERP	+0.0160%	1h	0.1987	−0.995%	$32K	—	3x	as long as short
Aster FARTCOINUSDT	+0.0234%	4h	0.1992	−0.775%	$84K	$199K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps FARTCOIN-USD	+0.0241%	1h	0.1992	−0.777%	$113K	$881K	10x	as long as short
KuCoin FARTCOINUSDTM	+0.0258%	4h	0.1993	−0.707%	$10.4M	$15.6M	50x	as long as short
Pacifica FARTCOIN	+0.0281%	1h	0.1992	−0.757%	$196K	$422K	10x	as long as short
Binance FARTCOINUSDT	+0.0297%	4h	0.1993	−0.707%	$19.2M	$75.7M	75x	as long as short
Deribit FARTCOIN_USDC-PERPETUAL	+0.0304%	1h	0.1987	−1.001%	$126K	$95K	25x	as long as short
Bitget FARTCOINUSDT	+0.0390%	4h	0.1993	−0.707%	$14.3M	$16.9M	50x	as long as short
GRVT FARTCOIN_USDT_Perp	+0.0406%	4h	0.2002	−0.251%	$263K	$4.2M	10x	as long as short
Reya FARTCOINRUSDPERP	+0.0411%	1h	0.1992	−0.735%	$0	—	5x	as long as short
Backpack FARTCOIN_USDC_PERP	+0.0461%	1h	0.1986	−1.041%	$84K	$264K	10x	as long as short
GMX FARTCOIN/USD [WBTC.b-USDC]	L +0.0480% / S −0.1118%	1h	0.1990	−0.881%	$73K	—	100x	as long as short
ApeX Omni FARTCOINUSDT	+0.0529%	1h	0.2003	−0.209%	$27K	$214K	50x	as long as short
BloFin FARTCOIN-USDT	+0.0545%	4h	0.1985	−1.106%	$975K	$1.9M	75x	as long as short
Variational Omni FARTCOIN	+0.0564%	4h	0.1990	−0.833%	$889K	$2.6M	—	as long as short
MEXC FARTCOIN_USDT	+0.0584%	4h	0.1991	−0.797%	$33.2M	$14.5M	100x	as long as short
Extended FARTCOIN-USD	+0.0592%	1h	0.1992	−0.755%	$223K	$2.2M	25x	as long as short
Phoenix FARTCOINlong	+0.0614%	1h	0.2007	long leg	$158K	$220K	10x
Bybit FARTCOINUSDT	+0.0628%	4h	0.1991	−0.802%	$31.0M	$51.5M	50x	as long as short
BingX FARTCOIN-USDT	+0.0648%	4h	0.1991	−0.807%	—	$14.3M	—	as long as short
Nado FARTCOIN-PERP	+0.0663%	1h	0.1992	−0.732%	$806K	$705K	10x	as long as short
Orderly PERP_FARTCOIN_USDCshort	+0.0719%	4h	0.1992	−0.757%	$25K	$3K	20x
01 Exchange FARTCOINUSD	+0.0744%	1h	0.1992	−0.767%	$404	$381	10x	as long as short
Arcus FARTCOIN-USD	+0.0763%	1h	0.1993	−0.707%	$14K	$111K	10x	as long as short
Kraken Futures PF_FARTCOINUSD	+0.0823%	1h	0.1988	−0.976%	$793K	$1.9M	50x	as long as short
Hyperliquid FARTCOIN	+0.0861%	1h	0.1993	−0.707%	$44.6M	$26.4M	10x	as long as short
Coinbase International FARTCOIN-PERP-INTX	+0.1048%	1h	0.1991	−0.822%	$989K	$7.5M	50x	as long as short
Lighter FARTCOIN	+0.1064%	1h	0.1994	−0.668%	$806K	$1.1M	10x	as long as short