Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Binance against Bybit−2.209%7-day average −2.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$560.562% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 7 days+0.599%+$60 · spread now −2.209%, 7d avg −2.081%
=Funding pays, the price is against you. Binance is 0.127% cheaper against Bybit than usual: you would sell low and buy high (spread −2.209% now, against its 7-day average of −2.081%). If the spread goes back, that is −$13 on $10k: about 8.5 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ANTHROPICUSDT | 2,150.2 | 0 | get 0.0000% / 8h | 3h 22m | $2.4M | $351K | 25x |
| Short | Binance ANTHROPICUSDT | 2,102.7 | 0.0050 | get 0.0050% / 8h | 3h 22m | $32.0M | $8.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $10.5
- Price spread: −2.209% → −2.081%
- −$12.72
- Slippage, 4 orders
- −$35.18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$58.4
- Costs to cover
- 0.562%
- Break-even
- 45.9 days
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 4 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 Bybit live order book, 4 min ago | 12.16 bp | 18.4 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.12 bp | 7.3 bp −$7 | 13.9 bp −$139 | 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 | −0.0466% | 8h | 2,104 | −2.150% | $42K | $67K | 20x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,166.9 | +0.777% | $1.8M | $946K | 5x | as long as short |
| Bybit ANTHROPICUSDTlong | 0.0000% | 8h | 2,150.2 | long leg | $2.4M | $351K | 25x | |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.1 | +0.647% | $4.8M | $879K | 10x | as long as short |
| QFEX ANTHROPIC-USD | 0.0000% | 1h | 2,102.4 | −2.224% | $1.4M | $1.2M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,152.1 | +0.089% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,102.6 | −2.214% | $25.9M | $3.1M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,107.3 | −1.995% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,103.2 | −2.188% | $1.5M | $374K | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0008% | 1h | 2,123.7 | −1.232% | $267K | $25K | 5x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,161.8 | +0.540% | $6.3M | $16.1M | 5x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0040% | 8h | 2,102.8 | −2.205% | $269K | $256K | 20x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,102.1 | −2.235% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,102.7 | −2.207% | $121K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDTshort | +0.0050% | 8h | 2,102.7 | −2.209% | $32.0M | $8.0M | 20x | |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,102.6 | −2.214% | $7.8M | $277K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,110.7 | −1.838% | $477K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,103.1 | −2.188% | $2.4M | $675K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,104.2 | −2.137% | $10K | $156K | 10x | as long as short |
| Entropy io:ANTH | +0.0089% | 1h | 2,150.8 | +0.028% | $34.8M | $7.6M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,102.9 | −2.198% | $10K | $63 | 10x | as long as short |
Bybit ANTHROPICUSDT
Binance ANTHROPICUSDT
HTX ANTHROPIC-USDT
Lighter ANTHROPIC
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter RH ANTHROPIC
BloFin ANTHROPIC-USDT
Extended ANTHROP-USD
Aster ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp