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

ANIME

all ANIME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0537%/8h= −58.8% APRnext payment $0.67 per $10,000 · paid last 24h +8.927%
Price spread now: Kraken Futures against GMX+0.132%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.132% dearer against GMX than usual: you sell high and buy low (spread +0.132% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ANIME/USD [ANIME-USDC]0.003324L +0.0497% / S −0.2017%pay 0.0062% / 1h35m 41s$812100x
ShortKraken Futures PF_ANIMEUSD0.003328−0.0041pay 0.0005% / 1h35m 41s$33K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against GMX. 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
−$112.84
Price spread: +0.132% → 0.000%
$13.25
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$121.59
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Kraken Futures no order-book sample
GMX and Kraken Futures: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ANIMEUSDshort−0.0041%1h0.003328+0.132%$33K$1K10x
Hyperliquid ANIME+0.0100%1h0.003330+0.181%$290K$83K3xas long as short
Aster ANIMEUSDT+0.0100%4h0.003323−0.026%$27K$3K5xas long as short
Binance ANIMEUSDT+0.0100%4h0.003331+0.215%$1.3M$1.6M20xas long as short
Bybit ANIMEUSDT+0.0100%4h0.003329+0.150%$683K$269K25xas long as short
OKX ANIME-USDT-SWAP+0.0100%4h0.003330+0.181%$426K$510K20xas long as short
Gate ANIME_USDT+0.0100%4h0.003323−0.030%$138K$55K25xas long as short
MEXC ANIME_USDT+0.0100%4h0.003329+0.150%$206K$88K20xas long as short
KuCoin ANIMEUSDTM+0.0100%4h0.003323−0.030%$435K$58K20xas long as short
Bitget ANIMEUSDT+0.0100%4h0.003329+0.150%$851K$146K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ANIME-USDT+0.0100%4h0.003326+0.060%$6.5Mas long as short
Variational Omni ANIME+0.0100%4h0.003326+0.075%$11K$553as long as short
GMX ANIME/USD [ANIME-USDC]longL +0.0497% / S −0.2017%1h0.003324long leg$812100x