Funding you earn now, next payment 23:00 UTC+0.0426%/8h= +46.6% APRpaid last 24h −0.056%
Price spread now: MEXC against Coinbase International−0.558%7-day average −0.294% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$790.787% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 3 days (all we have)−0.334%−$33 · spread now −0.558%, 7d avg −0.294%
=Funding pays, the price is against you. MEXC is 0.265% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.558% now, against its 7-day average of −0.294%). If the spread goes back, that is −$26 on $10k: about 2.1 days of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.078% in total) that is about 24 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% 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 | 2,119.1 | −0.0376 | get 0.0047% / 1h | 43m 33s | $267K | $26K | 5x |
| Short | MEXC ANTHROPIC_USDT | 2,107.2 | 0.0050 | get 0.0050% / 8h | 43m 33s | $7.8M | $277K | 50x |
Coinbase International ANTHROPIC-PERP-INTX
MEXC ANTHROPIC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $89.46
- Price spread: −0.558% → −0.294%
- −$26.45
- Slippage, 4 orders
- −$68.67
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$15.67
- Costs to cover
- 0.787%
- Break-even
- 8.2 days
Slippage from Coinbase International: live order book, 34 min ago; MEXC: live order book, 4 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, 34 min ago | 25.39 bp | 43.1 bp −$43 | 63.3 bp −$633 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.28 bp | 2.1 bp −$2 | 2.6 bp −$26 | 285.3 bp −$28.5K | 1154.1 bp −$577.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ANTHROPIC-PERP-INTXlong | −0.0376% | 1h | 2,119.1 | long leg | $267K | $26K | 5x | |
| HTX ANTHROPIC-USDT | −0.0269% | 8h | 2,108.1 | −0.518% | $42K | $70K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,107.3 | −0.558% | $1.4M | $1.5M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,172.8 | +2.536% | $1.9M | $710K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,150.7 | +1.494% | $2.3M | $376K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,167.7 | +2.295% | $4.8M | $1.1M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,154.4 | +1.665% | $2.4M | $1.2M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,104.2 | −0.703% | $25.8M | $3.1M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,110.7 | −0.395% | — | $2.6M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,107.5 | −0.546% | $1.6M | $374K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,171.9 | +2.493% | $6.2M | $17.0M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,107 | −0.568% | $19K | $38K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,107.4 | −0.549% | $123K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,107.4 | −0.550% | $31.9M | $8.1M | 20x | as long as short |
| MEXC ANTHROPIC_USDTshort | +0.0050% | 8h | 2,107.2 | −0.558% | $7.8M | $277K | 50x | |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,116.7 | −0.112% | $478K | $19K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,106.9 | −0.576% | $2.3M | $503K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,106.9 | −0.576% | $10K | $158K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0072% | 8h | 2,107 | −0.571% | $267K | $259K | 20x | as long as short |
| Entropy io:ANTH | +0.0088% | 1h | 2,160.6 | +1.960% | $35.1M | $7.7M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,107.2 | −0.562% | $10K | — | 10x | as long as short |
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT
Entropy io:ANTH
Aevo ANTHROPIC-PERP