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+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Aster against Gate−2.145%7-day average −2.193% · you buy dearer than you sell
Net, funding: paid 7d − costs−$392as in the Funding arb table
Net, price: spread back to 7d avg − costs−$398as in the Price arb table
costs, in and out, $10k−$4034.026% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.105%+$11 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now −2.145%, 7d avg −2.193%
Together, before fees+0.069%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.048% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −2.193%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ANTHROPIC_USDT2,152.40get 0.0000% / 8h2h 16m$2.4M$1.1M50x
ShortAster ANTHROPICUSDT2,106.30.0050get 0.0050% / 8h2h 16m$122K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
$10.5
Price spread: −2.145% → −2.193%
$4.81
Slippage, 4 orders
−$379.62
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$387.31
Costs to cover
4.026%
Break-even
265.2 days
Slippage from Gate: live order book, 2 min ago; Aster: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago7.96 bp118.0 bp −$118doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 30 min ago59.98 bp65.4 bp −$65doesn't fitdoesn'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−0.0455%8h2,106.8−2.121%$42K$68K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0064%1h2,113.5−1.810%$267K$25K5xas long as short
QFEX ANTHROPIC-USD−0.0006%1h2,106−2.158%$1.4M$1.2M10xas long as short
Lighter ANTHROPIC0.0000%1h2,166.6+0.658%$1.9M$946K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,152.5+0.001%$2.3M$425K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.3+0.551%$4.8M$856K10xas long as short
Gate ANTHROPIC_USDTlong0.0000%8h2,152.4long leg$2.4M$1.1M50x
Bitget ANTHROPICUSDT0.0000%8h2,104.3−2.235%$25.9M$3.3M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,105.7−2.171%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,106.5−2.134%$1.6M$382K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,162.5+0.468%$6.3M$16.3M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,105.7−2.172%$19K$22K10xas long as short
Aster ANTHROPICUSDTshort+0.0050%8h2,106.3−2.145%$122K$6K10x
Binance ANTHROPICUSDT+0.0050%8h2,106.2−2.146%$32.1M$8.4M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,106.7−2.125%$7.8M$277K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7−1.937%$498K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,104.7−2.219%$2.4M$704Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,104.6−2.224%$10K$160K10xas long as short
BloFin ANTHROPIC-USDT+0.0063%8h2,105.9−2.160%$270K$258K20xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,106.8−2.118%$10K$6310xas long as short
Entropy io:ANTH+0.0119%1h2,151.6−0.039%$34.9M$7.7M6xas long as short