Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1,880.6+0.0050pay 0.0050% / 8h7h 45m$9K$98K10xLong GRVT
SHORT1,921.4+0.0208get 0.0026% / 1h45m 01s$1.1M$46K6xShort Phoenix
Price gap+2.170%
Funding gap+0.0158% /8h

Both sides work: funding pays +$5 a day on $10k, and the gap is 0.286% above its 7d average: +$29 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$10+0.0158% /8h now · paid −0.101% over the last 7D
Price+$29spread +2.170% now, avg +1.883% → +0.286% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$19+0.19%+ Points / potential airdropGRVT: points · farm boardcosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+2.170%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ANTHROPIC on 26 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Problem: Doesn’t fit the books—
    $10k a leg is deeper than GRVT’s order book right now.
  • Note: Margin at max leverage$1,000 + $1,667
    GRVT 10x, Phoenix 6x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$4.74Long GRVT: 3 payments, −$1.50; short Phoenix: 24 payments, +$6.24.
  • OK: Entry gap works for you+2.170% vs +1.883%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$9K vs $1.1M OI
    GRVT sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • OK: No KYC on either legGRVT No · Phoenix No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0048%/8h × 21 periods−$10.08
Price spread+2.170% → +1.883% (7d avg)+$28.61
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee GRVT bp × 2 orders−$9.00
Fee Phoenix bp × 2 orders−$7.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: GRVT: live order book, 63 min ago; Phoenix: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGRVT2.96doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPhoenix3.1243.7 bp−$44279.9 bp−$2,799doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

ANTHROPIC news

posts that mention ANTHROPIC or Anthropic, from every exchangeSearch all news →
10-25 07:00MEXCOtherEveryone wants a slice. When Anthropic goes public, who deserves the biggest piece of the pie? 🥧 Drop your split below. 👇 @MEXC on X ↗
10-25 07:00MEXCOtherOur Anthropic Pre-IPO Launchpad is coming. Complete missions first for a chance to win ANTHROPIC(PRE), an NVIDIA H200 GPU, and more! Win now. 👉 @MEXC on X ↗
10-24 20:00KalshiOtherBREAKING: Anthropic's highest ranking executives have pledged to give away 80% of their personal wealth @Kalshi on X ↗
10-24 19:20KalshiOtherJUST IN: UK partners with OpenAI, Anthropic, and Google to launch AI lab focused on preventing biological threats @Kalshi on X ↗
10-23 22:30Markets by KinetiqOtherOpenAI's pre-IPO price is down 10% this month while Anthropic's is down 7%. China's Moonshot says its Kimi K3.1 Pro matches Claude Opus 5.5 on Terminal-Bench for about a third of the cost. @Markets_xyz on X ↗
10-23 13:00MEXCOtherGet ready for our Anthropic Pre-IPO Launchpad. 👀 Complete missions and enter our lucky draw to win exclusive rewards! Prizes include ANTHROPIC(PRE), NVIDIA H200 GPU, and more! Be part of the Pre-IPO hype and get in on the action now. 👉 @MEXC on X ↗