ANTHROPIC

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.47 per $10,000 · paid last 24h −0.020%

Price spread now: Bybit against BloFin+1.953%92s7-day average +2.270% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1461.465% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$9 on $10k

Price spread, last 4 days (all we have)+0.459%+$46 · spread now +1.953%, 7d avg +2.270%

Together, before fees+0.364%+$36 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.316% cheaper against BloFin than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of +2.270%). Swap the legs. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ANTHROPIC-USDT	2,108.1	0.0047	pay 0.0047% / 8h	5h 07m	$274K	$248K	20x
Short	Bybit ANTHROPICUSDT	2,149.3	0	get 0.0000% / 8h	5h 07m	$2.3M	$377K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now +1.953%Rate

Funding earned: −$9.85
Price spread: +1.953% → +2.270%: −$31.62
Slippage, 4 orders: −$123.5
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$187.97
Costs to cover: 1.465%
Break-even: never at this rate

Slippage from BloFin: live order book, 32 min ago; Bybit: live order book, 2 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 BloFin live order book, 32 min ago	0.69 bp	15.3 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	34.95 bp	73.8 bp −$74	263.9 bp −$2,639	doesn't fit	doesn't fit

ANTHROPIC on 21 exchanges

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	−0.0365%	8h	2,109.9	+0.083%	$42K	$70K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0024%	1h	2,121.3	+0.626%	$268K	$26K	5x	as long as short
QFEX ANTHROPIC-USD	−0.0004%	1h	2,109.1	+0.046%	$1.4M	$1.0M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,167.3	+2.807%	$1.9M	$856K	5x	as long as short
Bybit ANTHROPICUSDTshort	0.0000%	8h	2,149.3	+1.953%	$2.3M	$377K	25x
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,166.8	+2.784%	$4.8M	$666K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,161.4	+2.528%	$2.5M	$1.0M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,107.3	−0.039%	$26.0M	$3.1M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,113.5	+0.255%	—	$1.6M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,113.1	+0.237%	$1.6M	$354K	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ANTHROPIC	+0.0032%	1h	2,162.6	+2.584%	$6.1M	$17.0M	5x	as long as short
BloFin ANTHROPIC-USDTlong	+0.0047%	8h	2,108.1	long leg	$274K	$248K	20x
Extended ANTHROP-USD	+0.0048%	1h	2,108.6	+0.025%	$10K	$11K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,110.5	+0.114%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,109.3	+0.054%	$32.3M	$7.5M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,108.6	+0.023%	$7.8M	$249K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,116.7	+0.405%	$499K	$240K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,106.7	−0.068%	$2.3M	$701K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,107.7	−0.019%	$10K	$193K	10x	as long as short
Entropy io:ANTH	+0.0080%	1h	2,152.9	+2.124%	$35.0M	$6.9M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,108.7	+0.028%	$10K	$63	10x	as long as short