Settings8H · net · $10k
Funding arb · Price arb /

ANIME

all ANIME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: OKX against Bybit−0.060%7-day average −0.121% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2142.142% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 4 days (all we have)−0.104%−$10 · spread now −0.060%, 7d avg −0.121%
Together, before fees−0.164%−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.061% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.121%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ANIMEUSDT0.0033450.0100pay 0.0050% / 4h2h 49m$700K$312K25x
ShortOKX ANIME-USDT-SWAP0.0033430.0100get 0.0050% / 4h2h 49m$431K$567K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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

Funding earned
$0
Price spread: −0.060% → −0.121%
$6.1
Slippage, 4 orders
−$193.16
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$208.07
Costs to cover
2.142%
Break-even
never at this rate
Slippage from Bybit: live order book, 15 min ago; OKX: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 15 min ago2.96 bp69.8 bp −$70173.6 bp −$1,736doesn't fitdoesn't fit
Sell OKX live order book, 16 min ago2.96 bp37.3 bp −$37doesn't fitdoesn't fitdoesn't fit

ANIME on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ANIMEUSD−0.0689%1h0.003345+0.007%$33K$1K10xas long as short
Hyperliquid ANIME+0.0100%1h0.003344−0.030%$291K$110K3xas long as short
Aster ANIMEUSDT+0.0100%4h0.003348+0.079%$27K$3K5xas long as short
Binance ANIMEUSDT+0.0100%4h0.0033450.000%$1.3M$1.8M20xas long as short
Bybit ANIMEUSDTlong+0.0100%4h0.003345long leg$700K$312K25x
OKX ANIME-USDT-SWAPshort+0.0100%4h0.003343−0.060%$431K$567K20x
Gate ANIME_USDT+0.0100%4h0.003339−0.179%$141K$71K25xas long as short
MEXC ANIME_USDT+0.0100%4h0.003346+0.030%$214K$87K20xas long as short
KuCoin ANIMEUSDTM+0.0100%4h0.003343−0.060%$430K$62K20xas long as short
Bitget ANIMEUSDT+0.0100%4h0.003343−0.060%$845K$174K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ANIME-USDT+0.0100%4h0.003344−0.030%$6.5Mas long as short
Variational Omni ANIME+0.0100%4h0.003340−0.150%$11K$553as long as short
GMX ANIME/USD [ANIME-USDC]L +0.0497% / S −0.2017%1h0.003343−0.060%$817100xas long as short