Funding you earn now, next payment 02:00 UTC+0.0037%/8h= +4.1% APRpaid last 24h +0.028%
Price spread now: Entropy against Binance+2.757%7-day average +2.765% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$490.493% of the position
Funding, last 7 days+0.264%+$26 on $10k
+Price spread, last 2 days (all we have)+0.020%+$2 · spread now +2.757%, 7d avg +2.765%
=The price spread sits at its 7-day average of +2.765%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ANTHROPICUSDT | 2,106.5 | 0.0050 | pay 0.0050% / 8h | 6h 40m | $32.0M | $8.1M | 20x |
| Short | Entropy io:ANTH | 2,164.6 | 0.0087 | get 0.0011% / 1h | 40m 27s | $35.2M | $7.7M | 6x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.78
- Price spread: +2.757% → +2.765%
- −$0.75
- Slippage, 4 orders
- −$21.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$42.29
- Costs to cover
- 0.493%
- Break-even
- 45.0 days
Slippage from Binance: live order book, 1 min ago; Entropy: live order book, 5 min ago.
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, 1 min ago | 0.95 bp | 13.8 bp −$14 | 29.3 bp −$293 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 5 min ago | 0.23 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
ANTHROPIC on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ANTHROPIC-USDT | −0.0330% | 8h | 2,108.4 | +0.089% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,106.5 | 0.000% | $1.4M | $1.4M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,169.8 | +3.004% | $1.9M | $909K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,156.2 | +2.358% | $2.4M | $377K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,168.1 | +2.923% | $4.8M | $1.0M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,156.8 | +2.389% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,103 | −0.168% | $25.8M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,111.1 | +0.217% | — | $2.6M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.8 | +0.109% | $1.6M | $373K | 10x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,170.6 | +3.042% | $6.3M | $16.3M | 5x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,106 | −0.024% | $19K | $38K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,106.6 | +0.004% | $122K | $7K | 10x | as long as short |
| Binance ANTHROPICUSDTlong | +0.0050% | 8h | 2,106.5 | long leg | $32.0M | $8.1M | 20x | |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,106.5 | +0.001% | $7.8M | $276K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,118.9 | +0.588% | $478K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,106.8 | +0.011% | $2.4M | $669K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,107.1 | +0.030% | $10K | $149K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0058% | 8h | 2,107.4 | +0.041% | $270K | $257K | 20x | as long as short |
| Entropy io:ANTHshort | +0.0087% | 1h | 2,164.6 | +2.757% | $35.2M | $7.7M | 6x | |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,106.7 | +0.010% | $10K | — | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0104% | 1h | 2,123.7 | +0.816% | $267K | $26K | 5x | as long as short |
Binance ANTHROPICUSDT
HTX ANTHROPIC-USDT
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX