Funding you earn now, next payment 09:00 UTC+0.0101%/8h= +11.0% APRpaid last 24h +0.038%
Price spread now: Entropy against Bybit−0.109%52s7-day average +1.243% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.362%+$36 on $10k
+Price spread, last 7 days+2.070%+$207 · spread now −0.109%, 7d avg +1.243%
=Funding pays, the price is against you. Entropy is 1.352% cheaper against Bybit than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of +1.243%). If the spread goes back, that is −$135 on $10k: about 45 days of funding at the current rate (+$3 a day). The two prices were read 52 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 | 2,155.7 | 0 | get 0.0000% / 8h | 7h 42m | $2.3M | $422K | 25x |
| Short | Entropy io:ANTH | 2,153.4 | 0.0101 | get 0.0013% / 1h | 42m 58s | $35.1M | $7.6M | 6x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $21.15
- Price spread: −0.109% → +1.243%
- −$135.16
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$143.01
- Costs to cover
- 0.290%
- Break-even
- 54.3 days
Slippage unknown: Bybit: live order book, 4 min ago; Entropy: live order book, 2 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 Bybit live order book, 4 min ago | 27.42 bp | 36.7 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Entropy live order book, 2 min ago | 0.23 bp | 14.7 bp −$15 | 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 | −0.0389% | 8h | 2,108.2 | −2.204% | $42K | $69K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0004% | 1h | 2,107.4 | −2.244% | $1.4M | $1.1M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,169.1 | +0.620% | $1.9M | $868K | 5x | as long as short |
| Bybit ANTHROPICUSDTlong | 0.0000% | 8h | 2,155.7 | long leg | $2.3M | $422K | 25x | |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.4 | +0.402% | $4.8M | $843K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,154.1 | −0.077% | $2.4M | $1.0M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,105.8 | −2.315% | $25.9M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,111.9 | −2.034% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.5 | −2.191% | $1.6M | $382K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0028% | 8h | 2,107.3 | −2.248% | $271K | $260K | 20x | 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 | 2,164.7 | +0.416% | $6.4M | $16.4M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,106.8 | −2.269% | $19K | $5K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,107.8 | −2.224% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,107.4 | −2.244% | $32.1M | $8.3M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,107.4 | −2.241% | $7.8M | $270K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,113.8 | −1.946% | $498K | $62K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,106.5 | −2.282% | $2.3M | $651K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,106.4 | −2.289% | $10K | $172K | 10x | as long as short |
| Entropy io:ANTHshort | +0.0101% | 1h | 2,153.4 | −0.109% | $35.1M | $7.6M | 6x | |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,107.1 | −2.259% | $10K | $63 | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0104% | 1h | 2,117.9 | −1.753% | $267K | $28K | 5x | as long as short |
Bybit ANTHROPICUSDT
HTX ANTHROPIC-USDT
Lighter ANTHROPIC
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
BloFin ANTHROPIC-USDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
Coinbase International ANTHROPIC-PERP-INTX