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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0314%/8h= +34.4% APRpaid last 24h −0.064%
Price spread now: Aster against Coinbase International−0.975%7-day average −0.167% · you buy dearer than you sell
Net, funding: paid 7d − costs−$371as in the Funding arb table
Net, price: spread back to 7d avg − costs−$458as in the Price arb table
costs, in and out, $10k−$3773.771% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 3 days (all we have)−0.335%−$33 · spread now −0.975%, 7d avg −0.167%
Together, before fees−0.269%+ Points / potential airdropAster: Stage 5 · farm board−$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.809% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.975% now, against its 7-day average of −0.167%). If the spread goes back, that is −$81 on $10k: about 8.6 days of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.066% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.066% in total (about 3.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ANTHROPIC-PERP-INTX2,128.6−0.0264get 0.0033% / 1h11m 41s$268K$27K5x
ShortAster ANTHROPICUSDT2,107.80.0050get 0.0050% / 8h2h 11m$122K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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
$65.94
Price spread: −0.975% → −0.167%
−$80.87
Slippage, 4 orders
−$359.15
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$392.08
Costs to cover
3.771%
Break-even
48.6 days
Slippage from Coinbase International: live order book, 11 min ago; Aster: live order book, 9 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 Coinbase International live order book, 11 min ago27.20 bp44.1 bp −$4462.8 bp −$628doesn't fitdoesn't fit
Sell Aster live order book, 9 min ago46.90 bp73.7 bp −$74doesn't fitdoesn'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
Coinbase International ANTHROPIC-PERP-INTXlong−0.0264%1h2,128.6long leg$268K$27K5x
HTX ANTHROPIC-USDT−0.0262%8h2,106.9−1.017%$42K$70K20xas long as short
Lighter ANTHROPIC0.0000%1h2,174.5+2.157%$1.9M$708K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,157+1.335%$2.4M$377K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,167.9+1.847%$4.8M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,153.5+1.172%$2.4M$1.2M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,105.3−1.096%$25.8M$2.9M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111.2−0.817%$2.6M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,107.6−0.988%$1.6M$367K10xas long as short
QFEX ANTHROPIC-USD+0.0002%1h2,106.4−1.043%$1.4M$1.5M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,174.4+2.152%$6.2M$17.1M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,106.2−1.053%$19K$38K10xas long as short
Aster ANTHROPICUSDTshort+0.0050%8h2,107.8−0.975%$122K$5K10x
Binance ANTHROPICUSDT+0.0050%8h2,106.4−1.043%$31.8M$7.9M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,106.4−1.043%$7.8M$272K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,122.1−0.305%$479K$18K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,111.1−0.824%$2.3M$516Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,111.9−0.783%$10K$163K10xas long as short
BloFin ANTHROPIC-USDT+0.0067%8h2,106.2−1.054%$267K$258K20xas long as short
Entropy io:ANTH+0.0097%1h2,164.1+1.668%$35.1M$7.5M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,106.3−1.046%$10K10xas long as short