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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0065%/8h= −7.1% APRpaid last 24h +0.042%
Price spread now: Coinbase International against BloFin+0.958%7-day average +0.316% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$960.961% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.070%−$7 on $10k
Price spread, last 4 days (all we have)+0.226%+$23 · spread now +0.958%, 7d avg +0.316%
Together, before fees+0.156%+$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.642% dearer against BloFin than usual: you sell high and buy low (spread +0.958% now, against its 7-day average of +0.316%): +$64 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 33 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ANTHROPIC-USDT2,103.60.0073pay 0.0073% / 8h3h 19m$269K$256K20x
ShortCoinbase International ANTHROPIC-PERP-INTX2,123.70.0008get 0.0001% / 1h19m 11s$267K$25K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
−$13.7
Price spread: +0.958% → +0.316%
$64.22
Slippage, 4 orders
−$74.06
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$45.54
Costs to cover
0.961%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Coinbase International: live order book, 34 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 BloFin live order book, 3 min ago1.71 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 34 min ago30.78 bp36.3 bp −$3660.7 bp −$607doesn'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−0.0462%8h2,104.5+0.044%$42K$67K20xas long as short
Lighter ANTHROPIC0.0000%1h2,167.1+3.021%$1.8M$952K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,151.1+2.261%$2.4M$351K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,165+2.921%$4.8M$883K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,104.4+0.040%$1.4M$1.2M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,152.8+2.341%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,103.6+0.003%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,108+0.212%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,103.4−0.006%$1.5M$376K10xas long as short
Coinbase International ANTHROPIC-PERP-INTXshort+0.0008%1h2,123.7+0.958%$267K$25K5x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,163.2+2.836%$6.3M$16.1M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,104+0.023%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,104.3+0.036%$121K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,104.4+0.040%$32.0M$8.2M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,103.6+0.003%$7.8M$277K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,111+0.354%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,102.3−0.060%$2.4M$675Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,103.50.000%$10K$156K10xas long as short
BloFin ANTHROPIC-USDTlong+0.0073%8h2,103.6long leg$269K$256K20x
Entropy io:ANTH+0.0090%1h2,150.8+2.246%$34.8M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,104.3+0.033%$10K$6310xas long as short