Funding you earn now, next payment 08:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.024%
Price spread now: Entropy against GRVT+2.272%48s7-day average +2.780% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.258%+$26 on $10k
+Price spread, last 4 days (all we have)+1.410%+$141 · spread now +2.272%, 7d avg +2.780%
=Together, before fees+1.668%+ Points / potential airdropGRVT: Active · farm board+$167 on $10k · with fees, hour by hour
Funding pays, the price is against you. Entropy is 0.508% cheaper against GRVT than usual: you would sell low and buy high (spread +2.272% now, against its 7-day average of +2.780%). If the spread goes back, that is −$51 on $10k: about 30 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.258% in total) that is about 14 days. The two prices were read 48 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 | 8m 07s | $10K | $170K | 10x |
| Short | Entropy io:ANTH | 2,155.3 | 0.0106 | get 0.0013% / 1h | 8m 07s | $35.1M | $7.5M | 6x |
GRVT ANTHROPIC_USDT_Perp
Entropy io:ANTHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $11.67
- Price spread: +2.272% → +2.780%
- −$50.82
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$66.15
- Costs to cover
- 0.270%
- Break-even
- 46.7 days
Slippage unknown: GRVT: live order book, 25 min ago; Entropy: live order book, 9 min ago. Net counts fees only.
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, 25 min ago | 1.87 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Entropy live order book, 9 min ago | 0.23 bp | 15.7 bp −$16 | doesn't fit | 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 | −0.0432% | 8h | 2,106.9 | −0.026% | $41K | $69K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,106.3 | −0.055% | $1.4M | $1.1M | 10x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,155.5 | +2.281% | $2.3M | $423K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,165.1 | +2.737% | $4.8M | $850K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,154.4 | +2.230% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,105 | −0.116% | $25.9M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,110.8 | +0.160% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,106.3 | −0.054% | $1.6M | $383K | 10x | as long as short |
| Lighter ANTHROPIC | +0.0008% | 1h | 2,169.8 | +2.960% | $1.9M | $880K | 5x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0024% | 8h | 2,106.8 | −0.029% | $270K | $258K | 20x | as long as short |
HTX ANTHROPIC-USDT
QFEX ANTHROPIC-USD
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter ANTHROPIC
BloFin ANTHROPIC-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,166.1 | +2.784% | $6.4M | $16.8M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,105.8 | −0.079% | $19K | $5K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,106.7 | −0.035% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,106.2 | −0.056% | $32.1M | $8.3M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,106.1 | −0.062% | $7.8M | $272K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,113 | +0.266% | $499K | $33K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,105.3 | −0.101% | $2.3M | $651K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perplong | +0.0050% | 8h | 2,107.4 | long leg | $10K | $170K | 10x | |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,105.8 | −0.076% | $10K | $63 | 10x | as long as short |
| Entropy io:ANTHshort | +0.0106% | 1h | 2,155.3 | +2.272% | $35.1M | $7.5M | 6x | |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0128% | 1h | 2,117.9 | +0.499% | $267K | $28K | 5x | as long as short |
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
Aevo ANTHROPIC-PERP
Coinbase International ANTHROPIC-PERP-INTX