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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 07:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.053%
Price spread now: Coinbase International against Gate−1.574%7-day average −1.912% · you buy dearer than you sell
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2482.485% of the position
Long on GateShort on Coinbase International
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 4 days (all we have)−0.081%−$8 · spread now −1.574%, 7d avg −1.912%
Together, before fees−0.056%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.338% dearer against Gate than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −1.912%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ANTHROPIC_USDT2,154.60get 0.0000% / 8h20m 58s$2.4M$1.0M50x
ShortCoinbase International ANTHROPIC-PERP-INTX2,120.70.0128get 0.0016% / 1h20m 58s$267K$25K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$26.88
Price spread: −1.574% → −1.912%
$33.77
Slippage, 4 orders
−$223.45
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$187.8
Costs to cover
2.485%
Break-even
55.9 days
Slippage from Gate: live order book, 2 min ago; Coinbase International: live order book, 17 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 ago4.91 bp92.3 bp −$92doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 17 min ago31.28 bp36.3 bp −$3655.6 bp −$556doesn'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−0.0428%8h2,108.2−2.154%$42K$69K20xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,107.5−2.188%$1.4M$1.1M10xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,155.2+0.027%$2.3M$422K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.2+0.445%$4.8M$851K10xas long as short
Gate ANTHROPIC_USDTlong0.0000%8h2,154.6long leg$2.4M$1.0M50x
Bitget ANTHROPICUSDT0.0000%8h2,105.9−2.261%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,108−2.164%—$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,107.6−2.183%$1.6M$380K10xas long as short
Lighter ANTHROPIC+0.0008%1h2,172.7+0.839%$1.9M$877K5xas long as short
Lighter RH ANTHROPIC+0.0032%1h2,170.1+0.718%$6.5M$16.6M5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ANTHROP-USD+0.0048%1h2,107.4−2.190%$19K$5K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,108.2−2.153%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,108−2.164%$32.1M$8.2M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.7−2.178%$7.8M$271K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,113.4−1.911%$499K$28K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,106.9−2.215%$2.3M$651K—as long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,107.7−2.178%$10K$167K10xas long as short
BloFin ANTHROPIC-USDT+0.0050%8h2,107.3−2.196%$271K$258K20xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,107.2−2.200%$10K$6310xas long as short
Entropy io:ANTH+0.0119%1h2,156.6+0.092%$35.0M$7.5M6xas long as short
Coinbase International ANTHROPIC-PERP-INTXshort+0.0128%1h2,120.7−1.574%$267K$25K5x