Funding you earn now, next payment 02:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h −0.028%
Price spread now: Aster against Entropy−2.634%7-day average −2.760% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1591.585% of the position
Funding, last 7 days−0.264%−$26 on $10k
+Price spread, last 4 days (all we have)−0.942%−$94 · spread now −2.634%, 7d avg −2.760%
=Together, before fees−1.206%+ Points / potential airdropAster: Stage 5 · farm board−$121 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.126% dearer against Entropy than usual: you sell high and buy low (spread −2.634% now, against its 7-day average of −2.760%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.264% in total) that is about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:ANTH | 2,162 | 0.0081 | pay 0.0010% / 1h | 20m 33s | $35.2M | $7.6M | 6x |
| Short | Aster ANTHROPICUSDT | 2,105.1 | 0.0050 | get 0.0050% / 8h | 6h 20m | $122K | $7K | 10x |
Entropy io:ANTH
Aster ANTHROPICUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Entropy. 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
- −$6.56
- Price spread: −2.634% → −2.760%
- $12.61
- Slippage, 4 orders
- −$132.53
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$152.48
- Costs to cover
- 1.585%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 6 min ago; Aster: live order book, 45 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 Entropy live order book, 6 min ago | 0.46 bp | 15.4 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 45 min ago | 59.96 bp | 64.0 bp −$64 | 132.8 bp −$1,328 | doesn't fit | doesn't fit |
ANTHROPIC on 20 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 | −0.0330% | 8h | 2,105.7 | −2.605% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,104.6 | −2.653% | $1.4M | $1.4M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,167.6 | +0.259% | $1.9M | $915K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,151.4 | −0.489% | $2.4M | $363K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,167.9 | +0.273% | $4.8M | $976K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,153.3 | −0.404% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,102.5 | −2.750% | $25.8M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,109.6 | −2.424% | — | $2.5M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,105.7 | −2.602% | $1.6M | $374K | 10x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,169.2 | +0.333% | $6.3M | $16.5M | 5x | 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 ANTHROPICUSDT
Lighter RH ANTHROPICShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,104.4 | −2.664% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDTshort | +0.0050% | 8h | 2,105.1 | −2.634% | $122K | $7K | 10x | |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,105 | −2.638% | $32.0M | $8.2M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,104.3 | −2.670% | $7.8M | $278K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,115.9 | −2.134% | $478K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,104.6 | −2.653% | $2.4M | $669K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,105.1 | −2.632% | $10K | $149K | 10x | as long as short |
| Entropy io:ANTHlong | +0.0081% | 1h | 2,162 | long leg | $35.2M | $7.6M | 6x | |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,104.8 | −2.646% | $10K | — | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0104% | 1h | 2,123.7 | −1.771% | $267K | $26K | 5x | as long as short |
Extended ANTHROP-USD
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
Aevo ANTHROPIC-PERP
Coinbase International ANTHROPIC-PERP-INTX