Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,887.3 | +0.0050 | pay 0.0006% / 1h | 43m 30s | $209K | $14K | 10x | Long Kraken Futures | |
| SHORT | 1,872.6 | +0.0001 | 0.0000% / 1h | 43m 30s | $1.7M | $11.2M | 10x | Short QFEX10% back |
Price gap−0.777%
Funding gap−0.0049% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.553% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$13−0.0049% /8h now · paid −0.131% over the last 7D
Price−$55spread −0.777% now, avg −0.224% → −0.553% if it goes back
Costs−$2582.584% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.777%
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
/8hANTHROPIC on 27 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size183.6 / 11.8 bpAt $10k entering Kraken Futures costs 183.6 bp, fee and slippage, 15.6× QFEX’s.
- Note: Margin at max leverage$1,000 + $1,000Kraken Futures 10x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.46Long Kraken Futures: 24 payments, −$1.50; short QFEX: 24 payments, +$0.04.
- Watch: Gap narrower than usual−0.777% vs −0.224%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$209K vs $1.7M OIKraken Futures sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKraken Futures Yes · QFEX NoFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0063%/8h × 21 periods−$13.15
Price spread−0.777% → −0.224% (7d avg)−$55.28
Slippage, 4 orderslive order books−$228.44
Fee Kraken Futures bp × 2 orders−$10.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$326.88
Costs to cover2.584%Break-evennever at this rate
Slippage: Kraken Futures: live order book, 58 min ago; QFEX: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures16.37183.6 bp−$184200.2 bp−$2,002doesn’t fitdoesn’t fit
SELL · SHORTQFEX1.7911.8 bp−$1219.4 bp−$194doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-27 14:37 | Kalshi | Other | JUST IN: Anthropic pays each trustee of its safety trust $400,000 a year @Kalshi on X ↗ |
| 10-27 13:30 | Vest Markets | Other | Into the open, $AVGO is up around 3%, with a $63B deal announced yesterday to fund Broadcom chips leased to Anthropic. Bank of America, Citi and Morgan Stanley are arranging the first lien and Blackstone the second, via a new vehicle that buys the hardware. Broadcom provides residual value support equal to the first lien, with deliveries starting in 2027 and $AVGO adding to a 2.3% gain in the prior session. @VestExchange on X ↗ |
| 10-27 13:27 | Paragon | Listing | Anthropic ($ANTH) is now trading 24/7 on Hyperliquid. Up to 10x leverage. Anthropic is the AI research company behind Claude. $ANTH is a pre-listing perpetual, pricing Anthropic ahead of its public listing. Trade now on Hyperliquid: @tradeparagon on X ↗ |
| 10-27 12:34 | BingX | Other | The Anthropic IPO countdown is ON ⏳ New users get $15 in ANTHROPIC on their first trade, while existing users can trade AI stocks to earn ANTHROPIC. Join Oct 27, 20:00 – Nov 6, 23:59 (UTC+8) and unlock $500,000 USDT in rewards 👇 @BingXOfficial on X ↗ |
| 10-27 11:24 | Paragon | Listing | new market para:ANTH ($ANTHROPIC) seen by our collector |
| 10-27 10:48 | edgeX | Listing | new market ANTHROPICUSDC ($ANTHROPIC) seen by our collector |

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