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: KuCoin against OKX−2.213%7-day average −2.334% · you buy dearer than you sell
Net, funding: paid 7d − costs−$636as in the Funding arb table
Net, price: spread back to 7d avg − costs−$635as in the Price arb table
costs, in and out, $10k−$6476.469% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −2.213%, 7d avg −2.334%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.121% dearer against OKX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −2.334%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ANTHROPIC-USDT-SWAP | 2,165.9 | 0 | get 0.0000% / 8h | 6h 35m | $4.8M | $1.0M | 10x |
| Short | KuCoin ANTHROPICUSDTM | 2,118 | 0.0050 | get 0.0050% / 8h | 6h 35m | $478K | $20K | 20x |
OKX ANTHROPIC-USDT-SWAP
KuCoin ANTHROPICUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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: −2.213% → −2.334%
- $12.08
- Slippage, 4 orders
- −$624.9
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$624.32
- Costs to cover
- 6.469%
- Break-even
- 423.2 days
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 2 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 OKX live order book, 2 min ago | 0.23 bp | 12.9 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 8.15 bp | 101.0 bp −$101 | 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 | −0.0320% | 8h | 2,104.1 | −2.852% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,103.8 | −2.866% | $1.4M | $1.4M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,169 | +0.143% | $1.9M | $914K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,148.4 | −0.808% | $2.4M | $378K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAPlong | 0.0000% | 8h | 2,165.9 | long leg | $4.8M | $1.0M | 10x | |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,150.8 | −0.697% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,101 | −2.996% | $25.7M | $3.1M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,105.6 | −2.784% | — | $2.5M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,102.7 | −2.920% | $1.5M | $375K | 10x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,169.4 | +0.162% | $6.3M | $16.4M | 5x | as long as short |
HTX ANTHROPIC-USDT
QFEX ANTHROPIC-USD
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPICShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,102.4 | −2.932% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,102.5 | −2.928% | $121K | $7K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,102.7 | −2.918% | $31.9M | $8.2M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,102.5 | −2.926% | $7.8M | $277K | 50x | as long as short |
| KuCoin ANTHROPICUSDTMshort | +0.0050% | 8h | 2,118 | −2.213% | $478K | $20K | 20x | |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,101.9 | −2.954% | $2.4M | $669K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,106.9 | −2.726% | $10K | $149K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0058% | 8h | 2,107.4 | −2.702% | $270K | $257K | 20x | as long as short |
| Entropy io:ANTH | +0.0081% | 1h | 2,163.9 | −0.092% | $35.2M | $7.6M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,103.4 | −2.883% | $10K | — | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0104% | 1h | 2,123.7 | −1.948% | $267K | $26K | 5x | as long as short |
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT
Entropy io:ANTH
Aevo ANTHROPIC-PERP
Coinbase International ANTHROPIC-PERP-INTX