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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0130%/8h= −14.2% APRpaid last 24h +0.051%
Price spread now: Coinbase International against Binance+0.650%7-day average +0.317% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$930.925% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.080%−$8 on $10k
Price spread, last 2 days (all we have)−0.509%−$51 · spread now +0.650%, 7d avg +0.317%
Together, before fees−0.589%−$59 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.333% dearer against Binance than usual: you sell high and buy low (spread +0.650% now, against its 7-day average of +0.317%): +$33 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 8.5 days. At the pace of the last 7 days (−0.080% in total) that is about 29 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ANTHROPICUSDT2,1100.0050pay 0.0050% / 8h7h 27m$32.0M$8.3M20x
ShortCoinbase International ANTHROPIC-PERP-INTX2,123.7−0.0080pay 0.0010% / 1h27m 54s$267K$26K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
−$27.3
Price spread: +0.650% → +0.317%
$33.3
Slippage, 4 orders
−$72.54
Fee Binance: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$86.54
Costs to cover
0.925%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Coinbase International: live order book, 45 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 Binance live order book, 14 min ago0.02 bp16.0 bp −$1632.2 bp −$322117.5 bp −$11.7Kdoesn't fit
Sell Coinbase International live order book, 45 min ago23.51 bp29.0 bp −$2949.0 bp −$490doesn't fitdoesn't fit

ANTHROPIC on 21 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
HTX ANTHROPIC-USDT−0.0209%8h2,110.3+0.015%$42K$67K20xas long as short
Coinbase International ANTHROPIC-PERP-INTXshort−0.0080%1h2,123.7+0.650%$267K$26K5x
QFEX ANTHROPIC-USD0.0000%1h2,109.3−0.032%$1.4M$1.5M10xas long as short
Lighter ANTHROPIC0.0000%1h2,171+2.891%$1.9M$894K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,158.9+2.316%$2.4M$380K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,173+2.986%$4.8M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,158.2+2.283%$2.5M$1.2M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,107.4−0.124%$25.9M$3.1M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,114.1+0.195%$2.6M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,110.2+0.010%$1.6M$382K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ANTHROPIC-USDT+0.0029%8h2,1100.000%$268K$258K20xas long as short
Lighter RH ANTHROPIC+0.0032%1h2,174.3+3.048%$6.3M$16.8M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,109.1−0.043%$19K$38K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,109.6−0.016%$122K$7K10xas long as short
Binance ANTHROPICUSDTlong+0.0050%8h2,110long leg$32.0M$8.3M20x
MEXC ANTHROPIC_USDT+0.0050%8h2,109.8−0.008%$7.8M$277K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,120+0.472%$478K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,111.1+0.054%$2.4M$664Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,111.2+0.058%$10K$153K10xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,109.5−0.025%$10K10xas long as short
Entropy io:ANTH+0.0117%1h2,165.5+2.631%$35.2M$7.7M6xas long as short