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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.171%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$278as in the Funding arb table
Net, price: spread back to 7d avg − costs−$289as in the Price arb table
costs, in and out, $10k−$2782.778% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.087%+$9 · spread now −0.171%, 7d avg −0.060%
Together, before fees+0.087%+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.110% cheaper against Gate than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ANTHROPIC_USDT2,1550get 0.0000% / 8h23m 35s$2.4M$1.2M50x
ShortBybit ANTHROPICUSDT2,151.30get 0.0000% / 8h23m 35s$2.3M$376K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.171% → −0.060%
−$11.05
Slippage, 4 orders
−$251.77
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$288.82
Costs to cover
2.778%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 3 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, 4 min ago8.54 bp131.6 bp −$132doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago12.85 bp35.5 bp −$35147.7 bp −$1,477doesn'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
Coinbase International ANTHROPIC-PERP-INTX−0.0376%1h2,119.1−1.666%$267K$26K5xas long as short
HTX ANTHROPIC-USDT−0.0281%8h2,109−2.135%$42K$70K20xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,106.9−2.232%$1.4M$1.5M10xas long as short
Lighter ANTHROPIC0.0000%1h2,173.1+0.841%$1.9M$710K5xas long as short
Bybit ANTHROPICUSDTshort0.0000%8h2,151.3−0.171%$2.3M$376K25x
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,168.3+0.619%$4.8M$1.1M10xas long as short
Gate ANTHROPIC_USDTlong0.0000%8h2,155long leg$2.4M$1.2M50x
Bitget ANTHROPICUSDT0.0000%8h2,103.8−2.375%$25.8M$3.1M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,110.9−2.045%$2.6M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,107.7−2.194%$1.6M$375K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,172.1+0.795%$6.3M$17.1M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,106.5−2.251%$19K$38K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,106.9−2.232%$123K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,106.9−2.232%$31.9M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.2−2.217%$7.8M$278K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,122.2−1.519%$479K$21K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,106.7−2.239%$2.3M$515Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,107.4−2.206%$10K$158K10xas long as short
BloFin ANTHROPIC-USDT+0.0070%8h2,107.4−2.210%$268K$259K20xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,107.5−2.204%$10K10xas long as short
Entropy io:ANTH+0.0110%1h2,160.9+0.275%$35.1M$7.6M6xas long as short