Funding you earn now, next payment 16:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.020%
Price spread now: OKX against BloFin+2.628%83s7-day average +2.653% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as 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−$580.580% of the position
Funding, last 7 days−0.095%−$9 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now +2.628%, 7d avg +2.653%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.026% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +2.653%). Swap the legs. The two prices were read 83 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 | 2,110.7 | 0.0030 | pay 0.0030% / 8h | 5h 45m | $274K | $248K | 20x |
| Short | OKX ANTHROPIC-USDT-SWAP | 2,166.2 | 0 | get 0.0000% / 8h | 5h 45m | $4.8M | $687K | 10x |
BloFin ANTHROPIC-USDT
OKX ANTHROPIC-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.37
- Price spread: +2.628% → +2.653%
- −$2.59
- Slippage, 4 orders
- −$36.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$66.99
- Costs to cover
- 0.580%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 61 min ago; OKX: live order book, 5 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, 61 min ago | 1.00 bp | 11.3 bp −$11 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.46 bp | 12.2 bp −$12 | 57.2 bp −$572 | 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 | −0.0383% | 8h | 2,110.7 | −0.002% | $42K | $69K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0024% | 1h | 2,117.9 | +0.341% | $267K | $26K | 5x | as long as short |
| QFEX ANTHROPIC-USD | −0.0004% | 1h | 2,110.1 | −0.030% | $1.4M | $1.0M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,168.7 | +2.746% | $1.9M | $829K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,151.8 | +1.946% | $2.3M | $381K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAPshort | 0.0000% | 8h | 2,166.2 | +2.628% | $4.8M | $687K | 10x | |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,156.9 | +2.188% | $2.5M | $984K | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,108.1 | −0.127% | $26.0M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,114.1 | +0.159% | — | $1.7M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,110.8 | +0.002% | $1.6M | $358K | 10x | as long as short |
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
QFEX ANTHROPIC-USD
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDTShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ANTHROPIC-USDTlong | +0.0030% | 8h | 2,110.7 | long leg | $274K | $248K | 20x | |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,164.3 | +2.537% | $6.2M | $16.4M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,109.7 | −0.051% | $10K | $11K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,110 | −0.033% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,110.3 | −0.019% | $32.2M | $7.4M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,110.4 | −0.017% | $7.8M | $245K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,118.7 | +0.378% | $500K | $196K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,109.2 | −0.073% | $2.3M | $650K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,109.6 | −0.053% | $10K | $186K | 10x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,109.8 | −0.047% | $10K | $63 | 10x | as long as short |
| Entropy io:ANTH | +0.0106% | 1h | 2,155.1 | +2.102% | $35.1M | $7.1M | 6x | as long as short |
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
Aevo ANTHROPIC-PERP
Entropy io:ANTH