Funding you earn now, next payment 02:00 UTC+0.0586%/8h= +64.1% APRnext payment +$0.73 per $10,000 · paid last 24h +0.202%
Price spread now: Hyperliquid against Polymarket Perps+0.129%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 7 days+0.367%+$37 on $10k
+Price spread, last 4 days (all we have)−0.605%−$60 · spread now +0.129%, 7d avg +0.057%
=Together, before fees−0.238%+ Points / potential airdropHyperliquid: Season 2 · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Hyperliquid is 0.072% dearer against Polymarket Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.057%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.367% in total (about 19.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.73 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 | Polymarket Perps FARTCOIN-USD | 0.1938 | 0.0258 | pay 0.0032% / 1h | 2m 19s | $109K | $891K | 10x |
| Short | Hyperliquid FARTCOIN | 0.1941 | 0.0844 | get 0.0105% / 1h | 2m 19s | $42.7M | $28.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Polymarket Perps. 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
- $122.99
- Price spread: +0.129% → +0.057%
- $7.21
- Slippage, 4 orders
- −$20.38
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $92.82
- Costs to cover
- 0.374%
- Break-even
- 1.7 days
Slippage from Polymarket Perps: live order book, 66 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 Polymarket Perps live order book, 66 min ago | 3.00 bp | 9.4 bp −$9 | 3147.7 bp −$31.5K | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 2.06 bp | 11.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
FARTCOIN on 35 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 | 0.1937 | −0.049% | $14K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +2.374% | $1K | $2K | 5.5x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1940 | +0.108% | $2K | $1.7M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1939 | +0.052% | $155K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1943 | +0.284% | $67K | $151K | 20x | as long as short |
| Gate FARTCOIN_USDT | +0.0134% | 4h | 0.1939 | +0.067% | $10.9M | $8.5M | 75x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0158% | 4h | 0.1939 | +0.052% | $4.7M | $15.0M | 20x | as long as short |
| Aevo FARTCOIN-PERP | +0.0176% | 1h | 0.1936 | −0.089% | $31K | — | 3x | as long as short |
| Bulk FARTCOIN-USD | +0.0197% | 1h | 0.1935 | −0.155% | $76K | $2K | 10x | as long as short |
| Pacifica FARTCOIN | +0.0238% | 1h | 0.1939 | +0.044% | $183K | $422K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps FARTCOIN-USDlong | +0.0258% | 1h | 0.1938 | long leg | $109K | $891K | 10x | |
| KuCoin FARTCOINUSDTM | +0.0284% | 4h | 0.1939 | +0.052% | $10.1M | $15.6M | 50x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0327% | 1h | 0.1936 | −0.093% | $82K | $256K | 10x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0337% / S −0.0091% | 1h | 0.1937 | −0.034% | $69K | — | 100x | as long as short |
| Binance FARTCOINUSDT | +0.0380% | 4h | 0.1939 | +0.071% | $18.4M | $77.9M | 75x | as long as short |
| Aster FARTCOINUSDT | +0.0403% | 4h | 0.1941 | +0.150% | $82K | $194K | 5x | as long as short |
| Bitget FARTCOINUSDT | +0.0408% | 4h | 0.1939 | +0.052% | $13.7M | $17.3M | 50x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1940 | +0.113% | $0 | — | 5x | as long as short |
| BingX FARTCOIN-USDC | +0.0464% | 4h | 0.1939 | +0.052% | — | $6.5M | — | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0472% | 4h | 0.1936 | −0.093% | $248K | $4.4M | 10x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0513% | 1h | 0.1939 | +0.052% | $24K | $210K | 50x | as long as short |
| Bybit FARTCOINUSDT | +0.0535% | 4h | 0.1939 | +0.062% | $30.2M | $52.2M | 50x | as long as short |
| MEXC FARTCOIN_USDT | +0.0550% | 4h | 0.1940 | +0.103% | $32.3M | $14.5M | 100x | as long as short |
| Phoenix FARTCOIN | +0.0568% | 1h | 0.1937 | −0.067% | $153K | $219K | 10x | as long as short |
| Nado FARTCOIN-PERP | +0.0595% | 1h | 0.1938 | +0.026% | $784K | $704K | 10x | as long as short |
| Extended FARTCOIN-USD | +0.0600% | 1h | 0.1938 | +0.002% | $212K | $2.0M | 25x | as long as short |
| Lighter FARTCOIN | +0.0640% | 1h | 0.1939 | +0.052% | $625K | $1.3M | 10x | as long as short |
| Variational Omni FARTCOIN | +0.0657% | 4h | 0.1937 | −0.043% | $795K | $2.7M | — | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0680% | 1h | 0.1938 | −0.026% | $123K | $95K | 25x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0775% | 1h | 0.1937 | −0.040% | $750K | $1.9M | 50x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0796% | 4h | 0.1940 | +0.103% | $24K | $3K | 20x | as long as short |
| Arcus FARTCOIN-USD | +0.0839% | 1h | 0.1940 | +0.103% | $14K | $112K | 10x | as long as short |
| Hyperliquid FARTCOINshort | +0.0844% | 1h | 0.1941 | +0.129% | $42.7M | $28.3M | 10x | |
| 01 Exchange FARTCOINUSD | +0.0864% | 1h | 0.1942 | +0.196% | $398 | $386 | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.0976% | 1h | 0.1942 | +0.206% | $1.0M | $7.1M | 50x | as long as short |
Polymarket Perps FARTCOIN-USD
Hyperliquid FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Gate FARTCOIN_USDT
OKX FARTCOIN-USDT-SWAP
Bulk FARTCOIN-USD
Pacifica FARTCOIN
KuCoin FARTCOINUSDTM
Backpack FARTCOIN_USDC_PERP
GMX FARTCOIN/USD [WBTC.b-USDC]
Binance FARTCOINUSDT
Aster FARTCOINUSDT
Bitget FARTCOINUSDT
BingX FARTCOIN-USDC
GRVT FARTCOIN_USDT_Perp
ApeX Omni FARTCOINUSDT
Bybit FARTCOINUSDT
MEXC FARTCOIN_USDT
Phoenix FARTCOIN
Extended FARTCOIN-USD
Lighter FARTCOIN
Variational Omni FARTCOIN
Deribit FARTCOIN_USDC-PERPETUAL
Kraken Futures PF_FARTCOINUSD
01 Exchange FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX