ANTHROPIC

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.21 per $10,000 · paid last 24h −0.005%

Price spread now: KuCoin against BloFin+0.356%7-day average +0.300% · you sell dearer than you buy

Net, funding: paid 7d − costs−$718as in the Funding arb table

Net, price: spread back to 7d avg − costs−$714as in the Price arb table

costs, in and out, $10k−$7197.195% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.356%, 7d avg +0.300%

Together, before fees−0.141%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.056% dearer against BloFin than usual: you sell high and buy low (spread +0.356% now, against its 7-day average of +0.300%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ANTHROPIC-USDT	2,110.4	0.0071	pay 0.0071% / 8h	5h 26m	$274K	$246K	20x
Short	KuCoin ANTHROPICUSDTM	2,117.9	0.0050	get 0.0050% / 8h	5h 26m	$500K	$218K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.356%Rate

Funding earned: −$4.35
Price spread: +0.356% → +0.300%: $5.55
Slippage, 4 orders: −$695.47
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$718.27
Costs to cover: 7.195%
Break-even: never at this rate

Slippage from BloFin: live order book, 13 min ago; KuCoin: live order book, 8 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, 13 min ago	0.69 bp	15.3 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	6.89 bp	110.0 bp −$110	doesn't fit	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	−0.0377%	8h	2,110.7	+0.014%	$42K	$69K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0024%	1h	2,121.3	+0.518%	$268K	$26K	5x	as long as short
QFEX ANTHROPIC-USD	−0.0004%	1h	2,109.9	−0.022%	$1.4M	$1.0M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,168.9	+2.772%	$1.9M	$842K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,152	+1.970%	$2.3M	$377K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,166.4	+2.654%	$4.8M	$678K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,156.2	+2.173%	$2.5M	$991K	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,108.9	−0.069%	$26.0M	$3.0M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,113.8	+0.162%	—	$1.7M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,111.3	+0.042%	$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	2,163.6	+2.521%	$6.1M	$16.7M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,109.5	−0.044%	$10K	$11K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,109.6	−0.037%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,110.1	−0.015%	$32.1M	$7.3M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,110.2	−0.010%	$7.8M	$246K	50x	as long as short
KuCoin ANTHROPICUSDTMshort	+0.0050%	8h	2,117.9	+0.356%	$500K	$218K	20x
Variational Omni ANTHROPIC	+0.0050%	8h	2,109.8	−0.029%	$2.3M	$672K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,110.3	−0.005%	$10K	$189K	10x	as long as short
BloFin ANTHROPIC-USDTlong	+0.0071%	8h	2,110.4	long leg	$274K	$246K	20x
Entropy io:ANTH	+0.0097%	1h	2,154.8	+2.104%	$35.1M	$7.0M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,110.5	+0.006%	$10K	$63	10x	as long as short