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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Bybit−2.219%7-day average −2.110% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1231.233% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.003%$0 on $10k
Price spread, last 7 days+0.648%+$65 · spread now −2.219%, 7d avg −2.110%
Together, before fees+0.646%+$65 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.109% cheaper against Bybit than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −2.110%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ANTHROPICUSDT2,154.80get 0.0000% / 8h1h 28m$2.3M$424K25x
ShortQFEX ANTHROPIC-USD2,1070get 0.0000% / 1h28m 31s$1.4M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$0
Price spread: −2.219% → −2.110%
−$10.93
Slippage, 4 orders
−$102.31
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$134.24
Costs to cover
1.233%
Break-even
never at this rate
Slippage from Bybit: live order book, 8 min ago; QFEX: live order book, 3 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, 8 min ago22.92 bp43.3 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago0.88 bp5.9 bp −$613.9 bp −$139doesn'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−0.0431%8h2,108.4−2.157%$42K$68K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0080%1h2,120.7−1.584%$267K$25K5xas long as short
Lighter ANTHROPIC0.0000%1h2,167.7+0.597%$1.9M$903K5xas long as short
Bybit ANTHROPICUSDTlong0.0000%8h2,154.8long leg$2.3M$424K25x
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.4+0.444%$4.8M$848K10xas long as short
QFEX ANTHROPIC-USDshort0.0000%1h2,107−2.219%$1.4M$1.1M10x
Gate ANTHROPIC_USDT0.0000%8h2,152.6−0.104%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,105.2−2.306%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111−2.034%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,107.1−2.218%$1.6M$382K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,164.3+0.439%$6.4M$16.5M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,106.7−2.233%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,107.2−2.209%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,107.2−2.210%$32.1M$8.3M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.4−2.202%$7.8M$274K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7−2.047%$498K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,107.8−2.182%$2.4M$625Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,106.8−2.231%$10K$164K10xas long as short
BloFin ANTHROPIC-USDT+0.0071%8h2,106.7−2.236%$270K$259K20xas long as short
Entropy io:ANTH+0.0099%1h2,153.2−0.076%$35.0M$7.5M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,107.7−2.187%$10K$6310xas long as short