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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+2.246%7-day average +2.384% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$560.564% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.036%+$4 · spread now +2.246%, 7d avg +2.384%
Together, before fees+0.036%+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.138% cheaper against Bitget than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +2.384%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ANTHROPICUSDT2,104.20get 0.0000% / 8h3h 00m$25.9M$3.2M20x
ShortBybit ANTHROPICUSDT2,151.40get 0.0000% / 8h3h 00m$2.4M$350K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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
$0
Price spread: +2.246% → +2.384%
−$13.82
Slippage, 4 orders
−$33.41
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$70.23
Costs to cover
0.564%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 1 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 Bitget live order book, 3 min ago0.02 bp11.3 bp −$1115.6 bp −$156doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago12.05 bp19.1 bp −$1987.2 bp −$872doesn'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−0.0467%8h2,105.3+0.054%$42K$68K20xas long as short
Lighter ANTHROPIC0.0000%1h2,167.2+2.996%$1.8M$957K5xas long as short
Bybit ANTHROPICUSDTshort0.0000%8h2,151.4+2.246%$2.4M$350K25x
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.2+2.853%$4.8M$876K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,103.8−0.016%$1.4M$1.2M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,152.2+2.281%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDTlong0.0000%8h2,104.2long leg$25.9M$3.2M20x
SunX ANTHROPIC-USDT0.0000%8h2,107.9+0.178%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,104.4+0.013%$1.6M$375K10xas long as short
Coinbase International ANTHROPIC-PERP-INTX+0.0008%1h2,123.7+0.929%$267K$25K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,163.1+2.801%$6.3M$16.2M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,103.6−0.026%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,103.9−0.010%$121K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,104.20.000%$32.0M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,104.2+0.001%$7.8M$278K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,111+0.325%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,103.2−0.046%$2.4M$675Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,104−0.006%$10K$155K10xas long as short
BloFin ANTHROPIC-USDT+0.0079%8h2,104−0.008%$225K$256K20xas long as short
Entropy io:ANTH+0.0093%1h2,150.7+2.212%$34.8M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,103.3−0.040%$10K$6310xas long as short