Funding you earn now, next payment 02:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h −0.038%
Price spread now: GRVT against Entropy−2.659%48s7-day average −2.830% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.274%−$27 on $10k
+Price spread, last 4 days (all we have)−1.023%−$102 · spread now −2.659%, 7d avg −2.830%
=Together, before fees−1.297%+ Points / potential airdropGRVT: Active · farm board−$130 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.171% dearer against Entropy than usual: you sell high and buy low (spread −2.659% now, against its 7-day average of −2.830%): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days. At the pace of the last 7 days (−0.274% in total) that is about 4.4 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:ANTH | 2,164.7 | 0.0086 | pay 0.0011% / 1h | 42m 01s | $35.2M | $7.7M | 6x |
| Short | GRVT ANTHROPIC_USDT_Perp | 2,107.1 | 0.0050 | get 0.0050% / 8h | 6h 42m | $10K | $149K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$7.5
- Price spread: −2.659% → −2.830%
- $17.14
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$17.36
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Entropy: live order book, 3 min ago; GRVT: live order book, 21 min ago. Net counts fees only.
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, 3 min ago | 0.23 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 21 min ago | 1.73 bp | doesn't fit | 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 | −0.0326% | 8h | 2,108.4 | −2.601% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,107.5 | −2.641% | $1.4M | $1.4M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,169.8 | +0.236% | $1.9M | $909K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,157.3 | −0.343% | $2.4M | $377K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,169.1 | +0.203% | $4.8M | $1.0M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,157.4 | −0.337% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,104.4 | −2.787% | $25.8M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,111.4 | −2.462% | — | $2.6M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,109.9 | −2.532% | $1.6M | $374K | 10x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,171 | +0.291% | $6.3M | $16.3M | 5x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,106.8 | −2.674% | $19K | $38K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,107.6 | −2.637% | $122K | $7K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,107.3 | −2.650% | $32.0M | $8.1M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,107.4 | −2.645% | $7.8M | $276K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,118.9 | −2.115% | $478K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,107.1 | −2.660% | $2.4M | $669K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perpshort | +0.0050% | 8h | 2,107.1 | −2.659% | $10K | $149K | 10x | |
| BloFin ANTHROPIC-USDT | +0.0058% | 8h | 2,107.4 | −2.648% | $270K | $257K | 20x | as long as short |
| Entropy io:ANTHlong | +0.0086% | 1h | 2,164.7 | long leg | $35.2M | $7.7M | 6x | |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,107.4 | −2.646% | $10K | — | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0104% | 1h | 2,123.7 | −1.894% | $267K | $26K | 5x | as long as short |
GRVT ANTHROPIC_USDT_Perp
HTX ANTHROPIC-USDT
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
BloFin ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX