Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,878.1 | −0.0222 | get 0.0111% / 4h | 2h 41m | $1K | $132K | 5x | Long edgeX | |
| SHORT | 1,921 | 0 | 0.0000% / 8h | 6h 41m | $2.4M | $949K | 50x | Short Gate |
Price gap+2.280%
Funding gap+0.0222% /8h
Both sides work: funding pays +$7 a day on $10k, and the gap is 0.169% above its 7d average: +$17 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3+0.0222% /8h now · paid +0.034% over the last 9 hours (all we have)
Price+$17spread +2.280% now, avg +2.111% → +0.169% if it goes back
Costs−$2172.169% of $10k · taker + slippage, in and out
Result−$197−1.97%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+2.280%
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
/8hANTHROPIC on 27 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size9.4 / 70.1 bpAt $10k entering Gate costs 70.1 bp, fee and slippage, 7.5× edgeX’s.
- Note: Margin at max leverage$2,000 + $200edgeX 5x, Gate 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$6.67Long edgeX: 6 payments, +$6.67; short Gate: 3 payments, $0.00.
- OK: Entry gap works for you+2.280% vs +2.111%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$1K vs $2.4M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCedgeX No · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0292%/8h × 21 periods+$61.39
Price spread+2.280% → +2.111% (7d avg)+$16.91
Slippage, 4 orderslive order books−$192.90
Fee edgeX bp × 2 orders−$9.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$138.60
Costs to cover2.169%Break-even22.8 days
Slippage: edgeX: live order book, 51 min ago; Gate: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX3.089.4 bp−$9doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTGate12.6370.1 bp−$70doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-27 14:37 | Kalshi | Other | JUST IN: Anthropic pays each trustee of its safety trust $400,000 a year @Kalshi on X ↗ |
| 10-27 13:30 | Vest Markets | Other | Into the open, $AVGO is up around 3%, with a $63B deal announced yesterday to fund Broadcom chips leased to Anthropic. Bank of America, Citi and Morgan Stanley are arranging the first lien and Blackstone the second, via a new vehicle that buys the hardware. Broadcom provides residual value support equal to the first lien, with deliveries starting in 2027 and $AVGO adding to a 2.3% gain in the prior session. @VestExchange on X ↗ |
| 10-27 13:27 | Paragon | Listing | Anthropic ($ANTH) is now trading 24/7 on Hyperliquid. Up to 10x leverage. Anthropic is the AI research company behind Claude. $ANTH is a pre-listing perpetual, pricing Anthropic ahead of its public listing. Trade now on Hyperliquid: @tradeparagon on X ↗ |
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| 10-27 11:24 | Paragon | Listing | new market para:ANTH ($ANTHROPIC) seen by our collector |
| 10-27 10:48 | edgeX | Listing | new market ANTHROPICUSDC ($ANTHROPIC) seen by our collector |


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