Settings8H · net · $10k
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Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.051%
Price spread now: Coinbase International against Bybit−1.764%7-day average −1.947% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1721.717% of the position
Long on BybitShort on Coinbase International
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 4 days (all we have)+0.591%+$59 · spread now −1.764%, 7d avg −1.947%
Together, before fees+0.621%+$62 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.183% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −1.947%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ANTHROPICUSDT2,1560get 0.0000% / 8h7h 43m$2.3M$422K25x
ShortCoinbase International ANTHROPIC-PERP-INTX2,117.90.0104get 0.0013% / 1h43m 11s$267K$28K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$21.84
Price spread: −1.764% → −1.947%
$18.34
Slippage, 4 orders
−$150.71
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$131.53
Costs to cover
1.717%
Break-even
49.2 days
Slippage from Bybit: live order book, 4 min ago; Coinbase International: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago27.42 bp36.7 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 55 min ago31.28 bp36.3 bp −$3655.6 bp −$556doesn't fitdoesn't fit

ANTHROPIC on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ANTHROPIC-USDT−0.0389%8h2,108.2−2.214%$42K$69K20xas long as short
QFEX ANTHROPIC-USD−0.0004%1h2,107.4−2.255%$1.4M$1.1M10xas long as short
Lighter ANTHROPIC0.0000%1h2,169.1+0.609%$1.9M$868K5xas long as short
Bybit ANTHROPICUSDTlong0.0000%8h2,156long leg$2.3M$422K25x
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.4+0.391%$4.8M$843K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,154.3−0.077%$2.4M$1.0M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,105.8−2.326%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111.9−2.044%—$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.5−2.201%$1.6M$382K10xas long as short
BloFin ANTHROPIC-USDT+0.0028%8h2,107.3−2.259%$271K$260K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,164.7+0.405%$6.4M$16.4M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,106.8−2.280%$19K$5K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,107.8−2.234%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,107.4−2.255%$32.1M$8.3M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.5−2.248%$7.8M$270K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,113.9−1.951%$498K$62K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,106.5−2.293%$2.3M$651K—as long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,106.4−2.299%$10K$172K10xas long as short
Entropy io:ANTH+0.0101%1h2,153.4−0.119%$35.1M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,107.1−2.269%$10K$6310xas long as short
Coinbase International ANTHROPIC-PERP-INTXshort+0.0104%1h2,117.9−1.764%$267K$28K5x