Funding you earn now, next payment 02:00 UTC+0.0194%/8h= +21.2% APRpaid last 24h −0.051%
Price spread now: KuCoin against Coinbase International−0.614%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$674as in the Funding arb table
Net, price: spread back to 7d avg − costs−$743as in the Price arb table
costs, in and out, $10k−$6826.819% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)−0.332%−$33 · spread now −0.614%, 7d avg −0.002%
=Funding pays, the price is against you. KuCoin is 0.612% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.614% now, against its 7-day average of −0.002%). If the spread goes back, that is −$61 on $10k: about 11 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.076% in total) that is about 57 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 3.9% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ANTHROPIC-PERP-INTX | 2,123.7 | −0.0144 | get 0.0018% / 1h | 2m 41s | $267K | $25K | 5x |
| Short | KuCoin ANTHROPICUSDTM | 2,110.7 | 0.0050 | get 0.0050% / 8h | 5h 02m | $477K | $20K | 20x |
Coinbase International ANTHROPIC-PERP-INTX
KuCoin ANTHROPICUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $40.74
- Price spread: −0.614% → −0.002%
- −$61.19
- Slippage, 4 orders
- −$659.87
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$702.32
- Costs to cover
- 6.819%
- Break-even
- 127.7 days
Slippage from Coinbase International: live order book, 60 min ago; KuCoin: live order book, 20 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 Coinbase International live order book, 60 min ago | 29.50 bp | 36.4 bp −$36 | 60.1 bp −$601 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 20 min ago | 12.85 bp | 148.3 bp −$148 | 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 | −0.0393% | 8h | 2,104.5 | −0.903% | $41K | $67K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTXlong | −0.0144% | 1h | 2,123.7 | long leg | $267K | $25K | 5x | |
| QFEX ANTHROPIC-USD | −0.0004% | 1h | 2,103 | −0.975% | $1.4M | $1.3M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,164.8 | +1.935% | $1.9M | $913K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,149 | +1.192% | $2.4M | $352K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.8 | +1.935% | $4.8M | $856K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,152.1 | +1.338% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,101.8 | −1.032% | $25.7M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,106.8 | −0.796% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,104.6 | −0.900% | $1.6M | $377K | 10x | as long as short |
HTX ANTHROPIC-USDT
QFEX ANTHROPIC-USD
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ANTHROPIC-USDT | +0.0029% | 8h | 2,103.1 | −0.970% | $269K | $255K | 20x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,165.7 | +1.977% | $6.3M | $16.2M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,102.6 | −0.996% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,103.4 | −0.955% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,103.4 | −0.957% | $32.0M | $8.2M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,103.9 | −0.934% | $7.8M | $279K | 50x | as long as short |
| KuCoin ANTHROPICUSDTMshort | +0.0050% | 8h | 2,110.7 | −0.614% | $477K | $20K | 20x | |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,102.5 | −0.998% | $2.4M | $679K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,102.8 | −0.986% | $10K | $149K | 10x | as long as short |
| Entropy io:ANTH | +0.0092% | 1h | 2,155.7 | +1.506% | $35.0M | $7.6M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,102.9 | −0.980% | $10K | — | 10x | as long as short |
BloFin ANTHROPIC-USDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
Entropy io:ANTH
Aevo ANTHROPIC-PERP