Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.036%
Price spread now: Coinbase International against GRVT+0.500%76s7-day average +0.350% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$870.875% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 4 days (all we have)+0.780%+$78 · spread now +0.500%, 7d avg +0.350%
=Together, before fees+0.705%+ Points / potential airdropGRVT: Active · farm board+$70 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 Coinbase International is 0.150% dearer against GRVT than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.350%. Mind the row above: over the last 7 days funding on this pair cost −0.075%, so the current rate has only just turned in your favour. The two prices were read 76 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 | GRVT ANTHROPIC_USDT_Perp | 2,107.4 | 0.0050 | pay 0.0050% / 8h | 7h 21m | $10K | $173K | 10x |
| Short | Coinbase International ANTHROPIC-PERP-INTX | 2,117.9 | 0.0104 | get 0.0013% / 1h | 21m 58s | $267K | $28K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GRVT. 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
- $11.34
- Price spread: +0.500% → +0.350%
- $15.01
- Slippage, 4 orders
- −$68.45
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$61.1
- Costs to cover
- 0.875%
- Break-even
- 44.7 days
Slippage from GRVT: live order book, 6 min ago; Coinbase International: live order book, 11 min ago.
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 GRVT live order book, 6 min ago | 2.35 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 11 min ago | 23.09 bp | 28.1 bp −$28 | 48.8 bp −$488 | 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 | −0.0388% | 8h | 2,110 | +0.122% | $42K | $69K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0004% | 1h | 2,108.9 | +0.073% | $1.4M | $1.1M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,168.7 | +2.908% | $1.9M | $878K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,151.1 | +2.075% | $2.3M | $423K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,166.4 | +2.799% | $4.8M | $821K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,155.8 | +2.296% | $2.4M | $1.0M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,107.3 | −0.008% | $26.0M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,113.4 | +0.284% | — | $2.3M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,110.1 | +0.127% | $1.6M | $381K | 10x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,164.6 | +2.714% | $6.4M | $16.5M | 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 | 2,108.9 | +0.070% | $19K | $3K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,109.4 | +0.096% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,109.4 | +0.095% | $32.1M | $8.2M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,109.2 | +0.087% | $7.8M | $272K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,115.5 | +0.383% | $500K | $87K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,108.1 | +0.035% | $2.3M | $650K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perplong | +0.0050% | 8h | 2,107.4 | long leg | $10K | $173K | 10x | |
| BloFin ANTHROPIC-USDT | +0.0069% | 8h | 2,108.5 | +0.052% | $272K | $260K | 20x | as long as short |
| Entropy io:ANTH | +0.0097% | 1h | 2,152.5 | +2.140% | $35.0M | $7.4M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,108.8 | +0.065% | $10K | $63 | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTXshort | +0.0104% | 1h | 2,117.9 | +0.500% | $267K | $28K | 5x |
GRVT ANTHROPIC_USDT_Perp
Coinbase International ANTHROPIC-PERP-INTX
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