ANTHROPIC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.015%

Price spread now: QFEX against Binance+0.007%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$450.445% of the position

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.052%−$5 on $10k

Price spread, last 2 days (all we have)+0.023%+$2 · spread now +0.007%, 7d avg +0.002%

Together, before fees−0.030%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: −$2 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	2,106.8	0.0050	pay 0.0050% / 8h	1h 03m	$31.8M	$8.0M	20x
Short	QFEX ANTHROPIC-USD	2,106.9	−0.0004	pay 0.0000% / 1h	3m 59s	$1.4M	$1.5M	10x

Funding history

latest

Range statsloading…

QFEX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BinancebpFee QFEXbpOrdersPrice spread, now +0.007%Rate

Slippage from Binance: live order book, 8 min ago; QFEX: live order book, 3 min ago.

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, 8 min ago	0.62 bp	15.8 bp −$16	40.4 bp −$404	136.1 bp −$13.6K	doesn't fit
Sell QFEX live order book, 3 min ago	1.54 bp	7.2 bp −$7	18.0 bp −$180	doesn't fit	doesn't fit

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
Coinbase International ANTHROPIC-PERP-INTX	−0.0336%	1h	2,119.1	+0.583%	$267K	$26K	5x	as long as short
HTX ANTHROPIC-USDT	−0.0263%	8h	2,107.5	+0.034%	$41K	$70K	20x	as long as short
QFEX ANTHROPIC-USDshort	−0.0004%	1h	2,106.9	+0.007%	$1.4M	$1.5M	10x
Lighter ANTHROPIC	0.0000%	1h	2,173.6	+3.171%	$1.9M	$712K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,150.9	+2.093%	$2.3M	$376K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,166.3	+2.825%	$4.8M	$1.1M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,154.1	+2.243%	$2.4M	$1.2M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,103.5	−0.155%	$25.8M	$3.1M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,110.7	+0.186%	—	$2.6M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,107.1	+0.015%	$1.6M	$373K	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	2,172.4	+3.114%	$6.2M	$17.5M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,106.4	−0.020%	$19K	$38K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,107	+0.008%	$123K	$6K	10x	as long as short
Binance ANTHROPICUSDTlong	+0.0050%	8h	2,106.8	long leg	$31.8M	$8.0M	20x
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,106.7	−0.005%	$7.8M	$280K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,111.5	+0.222%	$475K	$18K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,106.3	−0.022%	$2.3M	$504K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,105.2	−0.075%	$11K	$158K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0061%	8h	2,107.8	+0.048%	$267K	$260K	20x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,107.3	+0.023%	$10K	—	10x	as long as short
Entropy io:ANTH	+0.0110%	1h	2,161.7	+2.606%	$35.1M	$7.6M	6x	as long as short