Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.018%
Price spread now: Phemex against BloFin+0.017%59s7-day average +0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.017%, 7d avg +0.037%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Phemex is 0.021% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.037%). Swap the legs. The two prices were read 59 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 | 2,103 | 0.0028 | pay 0.0028% / 8h | 2h 47m | $225K | $257K | 20x |
| Short | Phemex ANTHROPICUSDT | 2,103.4 | 0 | get 0.0000% / 8h | 2h 47m | $1.6M | $379K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$5.86
- Price spread: +0.017% → +0.037%
- −$2.08
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$31.93
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 34 min ago; Phemex: live order book, 5 min ago. Net counts fees only.
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, 34 min ago | 1.71 bp | 14.8 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 2.59 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ANTHROPIC on 21 venues
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 | −0.0471% | 8h | 2,103.7 | +0.031% | $42K | $68K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0064% | 1h | 2,113.5 | +0.498% | $267K | $25K | 5x | as long as short |
| QFEX ANTHROPIC-USD | −0.0006% | 1h | 2,102.3 | −0.036% | $1.4M | $1.2M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,166.3 | +3.010% | $1.8M | $942K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,153.1 | +2.380% | $2.3M | $427K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.2 | +2.910% | $4.8M | $889K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,149.7 | +2.218% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,102.6 | −0.021% | $25.9M | $3.3M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,106.3 | +0.157% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDTshort | 0.0000% | 8h | 2,103.4 | +0.017% | $1.6M | $379K | 10x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ANTHROPIC-USDTlong | +0.0028% | 8h | 2,103 | long leg | $225K | $257K | 20x | |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,163.6 | +2.882% | $6.3M | $15.8M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,101.7 | −0.060% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,102.2 | −0.038% | $121K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,102.3 | −0.032% | $32.0M | $8.3M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,102.3 | −0.031% | $7.8M | $276K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,111.1 | +0.387% | $477K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,106 | +0.143% | $2.4M | $693K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,104.3 | +0.062% | $10K | $155K | 10x | as long as short |
| Entropy io:ANTH | +0.0095% | 1h | 2,150.5 | +2.259% | $34.8M | $7.6M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,102.5 | −0.023% | $10K | $63 | 10x | as long as short |
BloFin ANTHROPIC-USDT
Phemex ANTHROPICUSDT
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp