Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,426.7 | +0.0050 | pay 0.0050% / 8h | 7m 35s | $31.4M | $3.0M | 50x | Long MEXC | |
| SHORT | 1,425.5 | +0.0020 | get 0.0003% / 1h | 7m 35s | $2.6M | $6.6M | 20x | Short QFEX37% off |
Price gap−0.086%
Funding gap−0.0030% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.045% 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−$7−0.0030% /8h now · paid −0.068% over the last 7D
Price−$4spread −0.086% now, avg −0.041% → −0.045% if it goes back
Costs−$360.362% of $10k · taker + slippage, in and out
Result−$47−0.47%no points
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−0.086%
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 29 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books5.5 / 12.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $500MEXC 50x, QFEX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.89Long MEXC: 3 payments, −$1.50; short QFEX: 24 payments, +$0.61.
- Watch: Gap narrower than usual−0.086% vs −0.041%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$2.6M vs $31.4M OIQFEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCMEXC Yes · QFEX NoKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0032%/8h × 21 periods−$6.77
Price spread−0.086% → −0.041% (7d avg)−$4.46
Slippage, 4 orderslive order books−$8.23
Fee MEXC bp × 2 orders−$8.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$47.47
Costs to cover0.362%Break-evennever at this rate
Slippage: MEXC: live order book, 2 min ago; QFEX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGMEXC0.525.5 bp−$520.0 bp−$20097.6 bp−$9,759467.6 bp−$233.8K
SELL · SHORTQFEX2.1112.6 bp−$1313.3 bp−$13324.2 bp−$2,422doesn’t fit
Closing costs about the same again.
ANTHROPIC news
posts that mention ANTHROPIC or Anthropic, from every exchange| 11-09 14:30 | Orderly | Listing | Trade Anthropic before the IPO $ANT pre-IPO perp is now LIVE across 500+ Orderly-powered DEXs Go long or short on one of the biggest names in AI before it hits the public markets @OrderlyNetwork on X ↗ |
| 11-09 13:51 | OKX | Other | Anthropic’s IPO plans are in motion. The trade is already here on The New Money App. Trade its implied valuation long or short, with up to 10x leverage on X-Perps. @okx on X ↗ |
| 11-09 12:00 | Bitget | Other | ICYMI. Here's the updated timeline on Anthropic IPO ahead of its anticipated listing day next week! @bitget on X ↗ |
| 11-09 04:17 | Bitget | Other | More Time, Same Opportunity! We've extended the Anthropic IPO Prime VIP Round deadline to November 11, 8:00 UTC, giving you extra time ahead of the roadshow. Don't miss your chance to subscribe to this exclusive opportunity. Subscribe now before the window closes! 👉 @bitget on X ↗ |
| 11-08 12:08 | Entropy | Other | Anthropic climbed ~5% from around $1,580 to $1,665 on Entropy, implying a $1.66T valuation, as the FT reported its $3.4B deal to secure 1.7GW of gas-fired generators for its data centers. @entropyIO on X ↗ |
| 11-08 11:29 | Kalshi | Other | JUST IN: Anthropic signs $3.4 billion deal to produce gas-fired power for data centers @Kalshi on X ↗ |

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