Funding you earn now, next payment 05:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.16 per $10,000 · paid last 24h +0.118%
Price spread now: Phoenix against Polymarket Perps+1.045%59s7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs+$18as 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−$570.574% of the position
Funding, last 7 days+0.754%+$75 on $10k
+Price spread, last 4 days (all we have)−0.898%−$90 · spread now +1.045%, 7d avg +0.125%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.920% dearer against Polymarket Perps than usual: you sell high and buy low: +$92 more if the spread goes back to its 7-day average of +0.125%. The two prices were read 59 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 | Polymarket Perps FARTCOIN-USD | 0.1991 | 0.0114 | pay 0.0014% / 1h | 54m 29s | $108K | $978K | 10x |
| Short | Phoenix FARTCOIN | 0.2012 | 0.0238 | get 0.0030% / 1h | 54m 29s | $158K | $234K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $26.05
- Price spread: +1.045% → +0.125%
- $91.95
- Slippage, 4 orders
- −$42.42
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $60.58
- Costs to cover
- 0.574%
- Break-even
- from the start
Slippage from Polymarket Perps: live order book, 53 min ago; Phoenix: live order book, 48 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, 53 min ago | 3.98 bp | 8.5 bp −$8 | 1771.5 bp −$17.7K | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 48 min ago | 3.00 bp | 20.2 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 | 0.1995 | +0.186% | $1K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | −0.357% | $1K | $5 | 5.5x | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0100% | 4h | 0.1991 | −0.005% | $4.7M | $18.7M | 20x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.2012 | +1.050% | $79K | −$0 | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.2000 | +0.467% | $2K | $1.8M | 20x | as long as short |
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1998 | +0.347% | $160K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.2005 | +0.693% | $69K | $152K | 20x | as long as short |
| Polymarket Perps FARTCOIN-USDlong | +0.0114% | 1h | 0.1991 | long leg | $108K | $978K | 10x | |
| Aevo FARTCOIN-PERP | +0.0152% | 1h | 0.1998 | +0.372% | $32K | — | 3x | as long as short |
| Pacifica FARTCOIN | +0.0222% | 1h | 0.1993 | +0.117% | $191K | $499K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix FARTCOINshort | +0.0238% | 1h | 0.2012 | +1.045% | $158K | $234K | 10x | |
| Extended FARTCOIN-USD | +0.0240% | 1h | 0.1992 | +0.044% | $211K | $1.6M | 25x | as long as short |
| Aster FARTCOINUSDT | +0.0241% | 4h | 0.1994 | +0.166% | $83K | $236K | 5x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0243% | 1h | 0.1996 | +0.231% | $87K | $320K | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0254% | 4h | 0.1993 | +0.095% | $24.7M | $15.7M | 100x | as long as short |
| Bybit FARTCOINUSDT | +0.0263% | 4h | 0.1991 | 0.000% | $30.8M | $60.4M | 50x | as long as short |
| Binance FARTCOINUSDT | +0.0267% | 4h | 0.1991 | +0.002% | $19.4M | $92.2M | 75x | as long as short |
| BingX FARTCOIN-USDC | +0.0296% | 4h | 0.1994 | +0.146% | — | $6.5M | — | as long as short |
| Bitget FARTCOINUSDT | +0.0310% | 4h | 0.1991 | −0.005% | $14.0M | $18.9M | 50x | as long as short |
| Gate FARTCOIN_USDT | +0.0316% | 4h | 0.1992 | +0.025% | $11.2M | $9.8M | 75x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0350% | 4h | 0.2006 | +0.738% | $259K | $4.7M | 10x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0376% | 4h | 0.1994 | +0.146% | $10.9M | $15.9M | 50x | as long as short |
| Arcus FARTCOIN-USD | +0.0389% | 1h | 0.1993 | +0.095% | $14K | $87K | 10x | as long as short |
| Variational Omni FARTCOIN | +0.0396% | 4h | 0.2004 | +0.638% | $1.0M | $3.2M | — | as long as short |
| Deribit FARTCOIN_USDC-PERPETUAL | +0.0401% | 1h | 0.1997 | +0.291% | $119K | $57K | 25x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1991 | +0.009% | $0 | — | 5x | as long as short |
| Hyperliquid FARTCOIN | +0.0448% | 1h | 0.1994 | +0.136% | $47.9M | $37.9M | 10x | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0483% / S −0.0594% | 1h | 0.1995 | +0.188% | $56K | — | 100x | as long as short |
| BloFin FARTCOIN-USDT | +0.0513% | 4h | 0.1997 | +0.296% | $996K | $2.2M | 75x | as long as short |
| Lighter FARTCOIN | +0.0656% | 1h | 0.1993 | +0.110% | $595K | $1.8M | 10x | as long as short |
| Nado FARTCOIN-PERP | +0.0711% | 1h | 0.1993 | +0.079% | $786K | $828K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0766% | 4h | 0.1998 | +0.347% | $25K | $4K | 20x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0775% | 1h | 0.1997 | +0.308% | $790K | $2.3M | 50x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0874% | 1h | 0.2004 | +0.648% | $28K | $200K | 50x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0912% | 1h | 0.1991 | −0.025% | $408 | $477 | 10x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.1024% | 1h | 0.2004 | +0.628% | $1.1M | $9.6M | 50x | as long as short |
Polymarket Perps FARTCOIN-USD
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
Pacifica FARTCOIN
Extended FARTCOIN-USD
Aster FARTCOINUSDT
Backpack FARTCOIN_USDC_PERP
MEXC FARTCOIN_USDT
Bybit FARTCOINUSDT
Binance FARTCOINUSDT
BingX FARTCOIN-USDC
Bitget FARTCOINUSDT
Gate FARTCOIN_USDT
GRVT FARTCOIN_USDT_Perp
KuCoin FARTCOINUSDTM
Variational Omni FARTCOIN
Deribit FARTCOIN_USDC-PERPETUAL
Hyperliquid FARTCOIN
GMX FARTCOIN/USD [WBTC.b-USDC]
BloFin FARTCOIN-USDT
Lighter FARTCOIN
Kraken Futures PF_FARTCOINUSD
ApeX Omni FARTCOINUSDT
01 Exchange FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX