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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.051%
Price spread now: Gate against Coinbase International+1.696%7-day average +1.908% · you sell dearer than you buy
Net, funding: paid 7d − costs−$268as in the Funding arb table
Net, price: spread back to 7d avg − costs−$286as in the Price arb table
costs, in and out, $10k−$2652.649% of the position
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)−0.736%−$74 · spread now +1.696%, 7d avg +1.908%
Together, before fees−0.766%−$77 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: Gate is 0.212% cheaper against Coinbase International than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +1.908%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ANTHROPIC-PERP-INTX2,117.90.0008pay 0.0001% / 1h59m 09s$267K$26K5x
ShortGate ANTHROPIC_USDT2,153.90get 0.0000% / 8h6h 59m$2.4M$978K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$1.68
Price spread: +1.696% → +1.908%
−$21.2
Slippage, 4 orders
−$239.88
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$287.76
Costs to cover
2.649%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 34 min ago; Gate: live order book, 4 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, 34 min ago23.09 bp38.7 bp −$3958.0 bp −$580doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago7.51 bp91.6 bp −$92624.5 bp −$6,245doesn'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−0.0450%8h2,111.4−0.309%$42K$68K20xas long as short
QFEX ANTHROPIC-USD−0.0004%1h2,106.8−0.526%$1.4M$1.0M10xas long as short
Lighter ANTHROPIC0.0000%1h2,167.6+2.345%$1.8M$818K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,151.2+1.571%$2.3M$423K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,165.4+2.241%$4.8M$796K10xas long as short
Gate ANTHROPIC_USDTshort0.0000%8h2,153.9+1.696%$2.4M$978K50x
Bitget ANTHROPICUSDT0.0000%8h2,106.5−0.543%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,112−0.280%$2.1M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.3−0.456%$1.6M$372K10xas long as short
Coinbase International ANTHROPIC-PERP-INTXlong+0.0008%1h2,117.9long leg$267K$26K5x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,163.1+2.132%$6.4M$15.9M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,106.2−0.552%$19K$3K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,107.3−0.504%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,106.9−0.522%$32.1M$8.0M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,108.5−0.447%$7.8M$253K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,116.3−0.078%$499K$113K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,106.6−0.534%$2.3M$630Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,108.7−0.436%$10K$176K10xas long as short
BloFin ANTHROPIC-USDT+0.0070%8h2,107.5−0.493%$270K$257K20xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,106.5−0.541%$10K$6310xas long as short
Entropy io:ANTH+0.0142%1h2,152.8+1.646%$35.1M$7.3M6xas long as short