Settings8H · net · $10k
Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0140%/8h= −15.4% APRnext payment $0.18 per $10,000 · paid last 24h −0.039%
Price spread now: QFEX against Entropy−2.203%7-day average −3.345% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.157%−$16 on $10k
Price spread, last 7 days−1.285%−$129 · spread now −2.203%, 7d avg −3.345%
Together, before fees−1.442%−$144 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 1.142% dearer against Entropy than usual: you sell high and buy low (spread −2.203% now, against its 7-day average of −3.345%): +$114 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 27 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:ANTH2,1550.0139pay 0.0017% / 1h50m 55s$35.0M$7.6M6x
ShortQFEX ANTHROPIC-USD2,107.5−0.0002pay 0.0000% / 1h50m 55s$1.4M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Entropy. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$29.46
Price spread: −2.203% → −3.345%
$114.22
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee QFEX: 5 bp × 2 orders
−$10
Net
$56.76
Costs to cover
0.280%
Break-even
from the start
Slippage unknown: Entropy: live order book, 4 min ago; QFEX: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Entropy live order book, 4 min ago0.23 bp15.0 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 6 min ago1.73 bp9.0 bp −$914.8 bp −$148doesn't fitdoesn't fit

ANTHROPIC on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ANTHROPIC-USDT−0.0430%8h2,108.4−2.161%$42K$69K20xas long as short
QFEX ANTHROPIC-USDshort−0.0002%1h2,107.5−2.203%$1.4M$1.1M10x
Lighter ANTHROPIC0.0000%1h2,170.5+0.719%$1.9M$876K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,154−0.047%$2.3M$422K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,166.4+0.529%$4.8M$855K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,154.3−0.032%$2.4M$1.0M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,105.2−2.311%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111.4−2.023%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,107.8−2.189%$1.6M$384K10xas long as short
Lighter RH ANTHROPIC+0.0032%1h2,167.9+0.599%$6.4M$16.3M5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ANTHROP-USD+0.0048%1h2,107.2−2.220%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,107.7−2.193%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,107.7−2.194%$32.1M$8.3M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.7−2.194%$7.8M$269K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,112−1.994%$499K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,107.3−2.211%$2.3M$655Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,108.2−2.170%$10K$166K10xas long as short
BloFin ANTHROPIC-USDT+0.0068%8h2,106.9−2.231%$270K$260K20xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,107.7−2.193%$10K$6310xas long as short
Coinbase International ANTHROPIC-PERP-INTX+0.0128%1h2,120.7−1.592%$267K$25K5xas long as short
Entropy io:ANTHlong+0.0139%1h2,155long leg$35.0M$7.6M6x