TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1,677.1+0.0987pay 0.0493% / 4h2h 50m$721$371K5xLong edgeX
SHORT1,694.3+0.0050get 0.0050% / 8h6h 50m$9.4M$59.6M20xShort Bitget
Price gap+1.024%53s
Funding gap−0.0937% /8h

The gap pays +$51 on $10k if it goes back to its 7d average, but funding costs $28 a day and eats that in about 44 hours. At the last 7 days' pace that is about 30 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$7−0.0937% /8h now · paid −0.072% over the last 4 days (all we have)
Price—spread +1.024%53s now · prices read too far apart to compare
Costs−$380.385% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropedgeX: points · farm boardneeds both prices read together

The current funding rate is far below what this pair has been paying: over the last 4 days it paid −0.072% in total, about −0.0057%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+1.024%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ANTHROPIC on 27 exchanges

lowest funding first

Before you open

1 ok · 5 to watch
  • Watch: Large against open interest8.1 / 9.0 bp
    $10k is over 10% of edgeX’s open interest.
  • Note: Margin at max leverage$2,000 + $500
    edgeX 5x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$28.10Long edgeX: 6 payments, −$29.60; short Bitget: 3 payments, +$1.50.
  • Watch: Prices read 53 s apart+1.024% vs +0.510%
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$721 vs $9.4M OI
    edgeX sets your exit cost. Check its book before closing.
  • OK: Points on a legedgeX points
    Volume here counts toward the points program.
  • Watch: KYCedgeX No · Bitget Yes
    KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0057%/8h × 21 periods−$11.98
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$17.49
Fee edgeX bp × 2 orders−$9.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$50.46
price spread not counted: prices read too far apart
Costs to cover0.385%Break-evennever at this rate
Slippage: edgeX: live order book, 57 min ago; Bitget: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGedgeX3.568.1 bp−$8doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget2.929.0 bp−$913.9 bp−$139doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

ANTHROPIC news

posts that mention ANTHROPIC or Anthropic, from every exchangeSearch all news →
10-30 17:01Markets by KinetiqOtherJUST IN: Anthropic $ANT may not secure "investment grade" rating after IPO, due to massive outstanding liabilities, Blackstone tells investors - FT @Markets_xyz on X ↗
10-30 16:48KalshiOtherJUST IN: Anthropic may not secure "investment grade" rating after IPO @Kalshi on X ↗
10-30 15:47KalshiOtherJUST IN: Japan asks Anthropic and OpenAI for "more access" to advanced models @Kalshi on X ↗
10-29 19:45KalshiOtherJUST IN: Anthropic is currently SpaceX’s largest single customer @Kalshi on X ↗
10-29 18:24KalshiOtherJUST IN: Anthropic reveals Claude is now monitoring its own conversations for dangerous behavior @Kalshi on X ↗
10-29 17:01KalshiOtherJUST IN: Nearly 1 in 70 Americans worth over $100 million could be Anthropic employees after IPO @Kalshi on X ↗