Settings8H · net · $10k
Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0130%/8h= −14.2% APRpaid last 24h +0.037%
Price spread now: Coinbase International against MEXC+0.560%7-day average +0.335% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$830.834% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.084%−$8 on $10k
Price spread, last 4 days (all we have)+0.171%+$17 · spread now +0.560%, 7d avg +0.335%
Together, before fees+0.087%+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.225% dearer against MEXC than usual: you sell high and buy low (spread +0.560% now, against its 7-day average of +0.335%): +$22 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.8 days. At the pace of the last 7 days (−0.084% in total) that is about 19 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ANTHROPIC_USDT2,108.90.0050pay 0.0050% / 8h1h 17m$7.8M$274K50x
ShortCoinbase International ANTHROPIC-PERP-INTX2,120.7−0.0080pay 0.0010% / 1h17m 58s$267K$25K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$27.3
Price spread: +0.560% → +0.335%
$22.48
Slippage, 4 orders
−$73.38
Fee MEXC: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$88.2
Costs to cover
0.834%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Coinbase International: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago1.59 bp2.1 bp −$251.5 bp −$515510.6 bp −$51.1Kdoesn't fit
Sell Coinbase International live order book, 25 min ago34.53 bp39.5 bp −$4057.1 bp −$571doesn't fitdoesn't fit

ANTHROPIC on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ANTHROPIC-USDT−0.0431%8h2,108.90.000%$42K$69K20xas long as short
Coinbase International ANTHROPIC-PERP-INTXshort−0.0080%1h2,120.7+0.560%$267K$25K5x
Lighter ANTHROPIC0.0000%1h2,168.2+2.812%$1.9M$904K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,152.6+2.073%$2.3M$421K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,165.3+2.675%$4.8M$850K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,108.7−0.010%$1.4M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,154.9+2.183%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,105.4−0.168%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,113+0.195%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,109.7+0.038%$1.6M$384K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,164.8+2.651%$6.4M$16.6M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,108.3−0.029%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,108.8−0.003%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,108.8−0.004%$32.2M$8.3M20xas long as short
MEXC ANTHROPIC_USDTlong+0.0050%8h2,108.9long leg$7.8M$274K50x
KuCoin ANTHROPICUSDTM+0.0050%8h2,111.9+0.144%$498K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,108.5−0.018%$2.3M$648Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,107.8−0.050%$10K$166K10xas long as short
BloFin ANTHROPIC-USDT+0.0050%8h2,109.3+0.018%$270K$260K20xas long as short
Entropy io:ANTH+0.0102%1h2,153.5+2.115%$35.0M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,109.1+0.008%$10K$6310xas long as short