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

ANIME

all ANIME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.120%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as in the Price arb table
costs, in and out, $10k−$3273.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.120%, 7d avg +0.091%
Together, before fees−0.170%−$17 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: Bitget is 0.029% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ANIME_USDT0.0033360.0100pay 0.0050% / 4h3h 08m$138K$59K25x
ShortBitget ANIMEUSDT0.0033400.0100get 0.0050% / 4h3h 08m$848K$146K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: +0.120% → +0.091%
$2.92
Slippage, 4 orders
−$299.58
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$323.66
Costs to cover
3.266%
Break-even
never at this rate
Slippage from Gate: live order book, 37 min ago; Bitget: live order book, 42 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 Gate live order book, 37 min ago7.45 bp159.6 bp −$160doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 42 min ago10.40 bp31.3 bp −$31197.7 bp −$1,977doesn'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+0.0005%1h0.003342+0.194%$33K$1K10xas long as short
Hyperliquid ANIME+0.0100%1h0.003342+0.180%$291K$87K3xas long as short
Aster ANIMEUSDT+0.0100%4h0.003344+0.249%$27K$3K5xas long as short
Binance ANIMEUSDT+0.0100%4h0.003344+0.240%$1.3M$1.6M20xas long as short
Bybit ANIMEUSDT+0.0100%4h0.003342+0.180%$695K$272K25xas long as short
OKX ANIME-USDT-SWAP+0.0100%4h0.003341+0.150%$428K$509K20xas long as short
Gate ANIME_USDTlong+0.0100%4h0.003336long leg$138K$59K25x
MEXC ANIME_USDT+0.0100%4h0.003342+0.180%$206K$90K20xas long as short
KuCoin ANIMEUSDTM+0.0100%4h0.003342+0.180%$434K$57K20xas long as short
Bitget ANIMEUSDTshort+0.0100%4h0.003340+0.120%$848K$146K10x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ANIME-USDT+0.0100%4h0.003342+0.180%$6.5Mas long as short
Variational Omni ANIME+0.0100%4h0.003354+0.536%$11K$553as long as short
GMX ANIME/USD [ANIME-USDC]L +0.0497% / S −0.2017%1h0.003344+0.240%$818100xas long as short