ANTHROPIC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.015%

Price spread now: OKX against Binance+2.709%7-day average +2.421% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$440.437% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$11 on $10k

Price spread, last 7 days−0.376%−$38 · spread now +2.709%, 7d avg +2.421%

Together, before fees−0.481%−$48 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.287% dearer against Binance than usual: you sell high and buy low (spread +2.709% now, against its 7-day average of +2.421%): +$29 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ANTHROPICUSDT	2,107.3	0.0050	pay 0.0050% / 8h	1h 27m	$32.1M	$8.3M	20x
Short	OKX ANTHROPIC-USDT-SWAP	2,164.4	0	get 0.0000% / 8h	1h 27m	$4.8M	$848K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BinancebpFee OKXbpOrdersPrice spread, now +2.709%Rate

Funding earned: −$10.5
Price spread: +2.709% → +2.421%: $28.74
Slippage, 4 orders: −$23.65
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$25.41
Costs to cover: 0.437%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; OKX: 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, 14 min ago	0.02 bp	10.1 bp −$10	27.1 bp −$271	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.69 bp	6.1 bp −$6	45.6 bp −$456	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	−0.0430%	8h	2,109.4	+0.099%	$42K	$69K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0080%	1h	2,120.7	+0.635%	$267K	$25K	5x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,167.9	+2.875%	$1.9M	$904K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,154.8	+2.255%	$2.3M	$424K	25x	as long as short
OKX ANTHROPIC-USDT-SWAPshort	0.0000%	8h	2,164.4	+2.709%	$4.8M	$848K	10x
QFEX ANTHROPIC-USD	0.0000%	1h	2,107	−0.015%	$1.4M	$1.1M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,154.8	+2.252%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,105.7	−0.075%	$25.9M	$3.2M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,112.3	+0.236%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,108.2	+0.043%	$1.6M	$383K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ANTHROPIC	+0.0032%	1h	2,164.5	+2.713%	$6.4M	$16.5M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,106.7	−0.028%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,107.3	+0.001%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDTlong	+0.0050%	8h	2,107.3	long leg	$32.1M	$8.3M	20x
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,108.6	+0.059%	$7.8M	$274K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,110.7	+0.162%	$498K	$25K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,107.8	+0.024%	$2.4M	$625K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,106.8	−0.027%	$10K	$164K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0057%	8h	2,108.9	+0.073%	$270K	$260K	20x	as long as short
Entropy io:ANTH	+0.0098%	1h	2,153.2	+2.177%	$35.0M	$7.5M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,107.4	+0.005%	$10K	$63	10x	as long as short