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: KuCoin against Bybit−1.968%7-day average −1.980% · you buy dearer than you sell
Net, funding: paid 7d − costs−$695as in the Funding arb table
Net, price: spread back to 7d avg − costs−$705as in the Price arb table
costs, in and out, $10k−$7067.057% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −1.968%, 7d avg −1.980%
=The price spread sits at its 7-day average of −1.980%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ANTHROPICUSDT | 2,153.1 | 0 | get 0.0000% / 8h | 1h 52m | $2.3M | $424K | 25x |
| Short | KuCoin ANTHROPICUSDTM | 2,110.7 | 0.0050 | get 0.0050% / 8h | 1h 52m | $498K | $25K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −1.968% → −1.980%
- $1.21
- Slippage, 4 orders
- −$682.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$694.03
- Costs to cover
- 7.057%
- Break-even
- 469.7 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 66 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 | 24.78 bp | 47.6 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 66 min ago | 13.79 bp | 143.9 bp −$144 | 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 | −0.0434% | 8h | 2,108.4 | −2.077% | $42K | $68K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0080% | 1h | 2,120.7 | −1.505% | $267K | $25K | 5x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,166.7 | +0.632% | $1.8M | $900K | 5x | as long as short |
| Bybit ANTHROPICUSDTlong | 0.0000% | 8h | 2,153.1 | long leg | $2.3M | $424K | 25x | |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.9 | +0.548% | $4.8M | $846K | 10x | as long as short |
| QFEX ANTHROPIC-USD | 0.0000% | 1h | 2,107.3 | −2.128% | $1.4M | $1.1M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,154.1 | +0.048% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,106 | −2.189% | $25.9M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,111.7 | −1.923% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.5 | −2.072% | $1.6M | $381K | 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 | 2,163 | +0.460% | $6.3M | $16.0M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,106.9 | −2.146% | $19K | $22K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0049% | 8h | 2,108.3 | −2.082% | $270K | $258K | 20x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,107.5 | −2.118% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,107.5 | −2.119% | $32.1M | $8.3M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,107.4 | −2.122% | $7.8M | $272K | 50x | as long as short |
| KuCoin ANTHROPICUSDTMshort | +0.0050% | 8h | 2,110.7 | −1.968% | $498K | $25K | 20x | |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,107.6 | −2.114% | $2.4M | $619K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,108 | −2.093% | $10K | $163K | 10x | as long as short |
| Entropy io:ANTH | +0.0089% | 1h | 2,152.3 | −0.037% | $34.9M | $7.5M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,108.2 | −2.087% | $10K | $63 | 10x | as long as short |
Bybit ANTHROPICUSDT
KuCoin ANTHROPICUSDTM
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter ANTHROPIC
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
BloFin ANTHROPIC-USDT
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp