ANTHROPIC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.78 per $10,000 · paid last 24h +0.013%

Price spread now: BloFin against Bybit−1.983%92s7-day average −2.290% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as 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−$730.730% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.088%+$9 on $10k

Price spread, last 3 days (all we have)−0.414%−$41 · spread now −1.983%, 7d avg −2.290%

Together, before fees−0.325%−$33 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.307% dearer against Bybit than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −2.290%. The two prices were read 92 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	Bybit ANTHROPICUSDT	2,150.4	0	get 0.0000% / 8h	45m 35s	$2.3M	$376K	25x
Short	BloFin ANTHROPIC-USDT	2,107.7	0.0078	get 0.0078% / 8h	45m 35s	$267K	$260K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now −1.983%Rate

Funding earned: $16.33
Price spread: −1.983% → −2.290%: $30.73
Slippage, 4 orders: −$49.96
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$25.9
Costs to cover: 0.730%
Break-even: 18.1 days

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 26 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, 1 min ago	12.39 bp	26.5 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 26 min ago	0.62 bp	10.2 bp −$10	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
Coinbase International ANTHROPIC-PERP-INTX	−0.0376%	1h	2,119.1	−1.455%	$267K	$26K	5x	as long as short
HTX ANTHROPIC-USDT	−0.0267%	8h	2,108.4	−1.953%	$42K	$70K	20x	as long as short
QFEX ANTHROPIC-USD	−0.0002%	1h	2,107.1	−2.014%	$1.4M	$1.5M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,172.8	+1.044%	$1.9M	$710K	5x	as long as short
Bybit ANTHROPICUSDTlong	0.0000%	8h	2,150.4	long leg	$2.3M	$376K	25x
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,167.3	+0.788%	$4.8M	$1.1M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,154.1	+0.173%	$2.4M	$1.2M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,104.2	−2.145%	$25.8M	$3.1M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,110.7	−1.844%	—	$2.6M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,107.5	−1.992%	$1.6M	$375K	10x	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	2,171.9	+1.002%	$6.3M	$17.0M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,106.5	−2.039%	$19K	$38K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,107.2	−2.009%	$123K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,106.8	−2.024%	$31.8M	$8.1M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,107	−2.016%	$7.8M	$277K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,116.7	−1.565%	$478K	$19K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,106.9	−2.022%	$2.3M	$504K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,106.8	−2.024%	$10K	$157K	10x	as long as short
BloFin ANTHROPIC-USDTshort	+0.0078%	8h	2,107.7	−1.983%	$267K	$260K	20x
Entropy io:ANTH	+0.0086%	1h	2,160.7	+0.481%	$35.1M	$7.7M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,107.4	−1.999%	$10K	—	10x	as long as short