Funding you earn now, next payment 07:00 UTC+0.0052%/8h= +5.6% APRpaid last 24h +0.024%
Price spread now: Entropy against MEXC+2.163%7-day average +3.326% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 7 days+0.259%+$26 on $10k
+Price spread, last 7 days+1.341%+$134 · spread now +2.163%, 7d avg +3.326%
=Funding pays, the price is against you. Entropy is 1.163% cheaper against MEXC than usual: you would sell low and buy high (spread +2.163% now, against its 7-day average of +3.326%). If the spread goes back, that is −$116 on $10k: about 3 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.259% in total) that is about 31 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ANTHROPIC_USDT | 2,107.9 | 0.0050 | pay 0.0050% / 8h | 1h 15m | $7.8M | $274K | 50x |
| Short | Entropy io:ANTH | 2,153.5 | 0.0102 | get 0.0013% / 1h | 15m 32s | $35.0M | $7.6M | 6x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against MEXC. 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
- $10.82
- Price spread: +2.163% → +3.326%
- −$116.29
- Slippage, 4 orders
- −$18.66
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$142.13
- Costs to cover
- 0.367%
- Break-even
- 99.0 days
Slippage from MEXC: live order book, 2 min ago; Entropy: live order book, 1 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 MEXC live order book, 2 min ago | 0.57 bp | 1.6 bp −$2 | 75.7 bp −$757 | 389.0 bp −$38.9K | doesn't fit |
| Sell Entropy live order book, 1 min ago | 0.93 bp | 15.3 bp −$15 | 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 | −0.0431% | 8h | 2,108.9 | +0.046% | $42K | $69K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0080% | 1h | 2,120.7 | +0.607% | $267K | $25K | 5x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,168.3 | +2.865% | $1.9M | $904K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,151.4 | +2.061% | $2.3M | $421K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,165.1 | +2.714% | $4.8M | $850K | 10x | as long as short |
| QFEX ANTHROPIC-USD | 0.0000% | 1h | 2,107.6 | −0.012% | $1.4M | $1.1M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,154.3 | +2.202% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,105.5 | −0.115% | $25.9M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,112.4 | +0.213% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,109 | +0.052% | $1.6M | $384K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,164.8 | +2.699% | $6.4M | $16.6M | 5x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0044% | 8h | 2,107.9 | +0.001% | $269K | $259K | 20x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,107.2 | −0.034% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,108 | +0.003% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,108 | +0.003% | $32.1M | $8.3M | 20x | as long as short |
| MEXC ANTHROPIC_USDTlong | +0.0050% | 8h | 2,107.9 | long leg | $7.8M | $274K | 50x | |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,112 | +0.195% | $499K | $25K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,107.8 | −0.004% | $2.3M | $648K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,108 | +0.005% | $10K | $166K | 10x | as long as short |
| Entropy io:ANTHshort | +0.0102% | 1h | 2,153.5 | +2.163% | $35.0M | $7.6M | 6x | |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,107.9 | −0.001% | $10K | $63 | 10x | as long as short |
MEXC ANTHROPIC_USDT
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPIC
BloFin ANTHROPIC-USDT
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp