Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against KuCoin+1.719%7-day average +1.978% · you sell dearer than you buy
Net, funding: paid 7d − costs−$820as in the Funding arb table
Net, price: spread back to 7d avg − costs−$835as in the Price arb table
costs, in and out, $10k−$8108.096% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)+0.152%+$15 · spread now +1.719%, 7d avg +1.978%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.258% cheaper against KuCoin than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +1.978%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ANTHROPICUSDTM | 2,115.9 | 0.0050 | pay 0.0050% / 8h | 6h 18m | $478K | $20K | 20x |
| Short | Gate ANTHROPIC_USDT | 2,152.3 | 0 | get 0.0000% / 8h | 6h 18m | $2.4M | $1.1M | 50x |
KuCoin ANTHROPICUSDTM
Gate ANTHROPIC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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
- −$10.5
- Price spread: +1.719% → +1.978%
- −$25.84
- Slippage, 4 orders
- −$782.57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$845.92
- Costs to cover
- 8.096%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 20 min ago; Gate: live order book, 5 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 KuCoin live order book, 20 min ago | 8.15 bp | 508.9 bp −$509 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 10.05 bp | 56.7 bp −$57 | 601.2 bp −$6,012 | doesn't fit | doesn't fit |
ANTHROPIC on 20 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 | −0.0338% | 8h | 2,105.8 | −0.477% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,104.1 | −0.559% | $1.4M | $1.4M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,167.6 | +2.445% | $1.9M | $915K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,151.5 | +1.685% | $2.4M | $363K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,167 | +2.417% | $4.8M | $976K | 10x | as long as short |
| Gate ANTHROPIC_USDTshort | 0.0000% | 8h | 2,152.3 | +1.719% | $2.4M | $1.1M | 50x | |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,102.6 | −0.630% | $25.8M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,108.6 | −0.344% | — | $2.5M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,105 | −0.514% | $1.6M | $374K | 10x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,169.2 | +2.520% | $6.3M | $16.5M | 5x | as long as short |
HTX ANTHROPIC-USDT
QFEX ANTHROPIC-USD
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPICShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,103.9 | −0.565% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,104.6 | −0.534% | $122K | $7K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,104.5 | −0.539% | $31.9M | $8.2M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,104.7 | −0.527% | $7.8M | $278K | 50x | as long as short |
| KuCoin ANTHROPICUSDTMlong | +0.0050% | 8h | 2,115.9 | long leg | $478K | $20K | 20x | |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,104.6 | −0.530% | $2.4M | $669K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,105.1 | −0.510% | $10K | $149K | 10x | as long as short |
| Entropy io:ANTH | +0.0081% | 1h | 2,161.8 | +2.171% | $35.2M | $7.6M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,104.1 | −0.554% | $10K | — | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0104% | 1h | 2,123.7 | +0.371% | $267K | $26K | 5x | as long as short |
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
Entropy io:ANTH
Aevo ANTHROPIC-PERP
Coinbase International ANTHROPIC-PERP-INTX