Funding arb · Price arb /

ANIME

all ANIME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.1917%/8h= +209.9% APRpaid last 24h +0.160%

Price spread now: GMX against Binance+0.033%7-day average — · you sell dearer than you buy

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

Long on Binance Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work for this trade now. Funding pays +$58 a day on $10k at the current rate, and GMX is 0.033% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ANIMEUSDT	0.003364	0.0100	pay 0.0050% / 4h	1h 59m	$1.3M	$1.5M	20x
Short	GMX ANIME/USD [ANIME-USDC]	0.003365	L +0.0497% / S −0.2017%	get 0.0252% / 1h	59m 38s	$822	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Binance. 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 BinancebpFee GMXbpOrdersPrice spread, now +0.033%Rate

Funding earned: $402.56
Price spread: +0.033% → 0.000%: $3.27
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $383.83
Costs to cover: 0.220%
Break-even: 0.3 days

Slippage unknown: Binance: live order book, 3 min ago; GMX: 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 Binance live order book, 3 min ago	1.48 bp	31.1 bp −$31	387.0 bp −$3,870	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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.

ANIME on 13 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
Kraken Futures PF_ANIMEUSD	−0.0040%	1h	0.003368	+0.110%	$33K	$1K	10x	as long as short
Hyperliquid ANIME	+0.0100%	1h	0.003363	−0.027%	$293K	$87K	3x	as long as short
Aster ANIMEUSDT	+0.0100%	4h	0.003368	+0.120%	$27K	$3K	5x	as long as short
Binance ANIMEUSDTlong	+0.0100%	4h	0.003364	long leg	$1.3M	$1.5M	20x
Bybit ANIMEUSDT	+0.0100%	4h	0.003367	+0.092%	$695K	$265K	25x	as long as short
OKX ANIME-USDT-SWAP	+0.0100%	4h	0.003364	+0.003%	$434K	$509K	20x	as long as short
Gate ANIME_USDT	+0.0100%	4h	0.003361	−0.086%	$140K	$51K	25x	as long as short
MEXC ANIME_USDT	+0.0100%	4h	0.003364	+0.003%	$208K	$86K	20x	as long as short
KuCoin ANIMEUSDTM	+0.0100%	4h	0.003364	+0.003%	$435K	$62K	20x	as long as short
Bitget ANIMEUSDT	+0.0100%	4h	0.003364	+0.003%	$855K	$133K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ANIME-USDT	+0.0100%	4h	0.003369	+0.152%	—	$6.5M	—	as long as short
Variational Omni ANIME	+0.0100%	4h	0.003369	+0.163%	$11K	$553	—	as long as short
GMX ANIME/USD [ANIME-USDC]short	L +0.0497% / S −0.2017%	1h	0.003365	+0.033%	$822	—	100x