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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.061%
Price spread now: Coinbase International against Phemex+0.964%7-day average +0.281% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 4 days (all we have)+0.136%+$14 · spread now +0.964%, 7d avg +0.281%
Together, before fees+0.158%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.684% dearer against Phemex than usual: you sell high and buy low, +$68 on $10k if it goes back to its 7-day average of +0.281%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ANTHROPICUSDT2,103.40get 0.0000% / 8h3h 19m$1.5M$376K10x
ShortCoinbase International ANTHROPIC-PERP-INTX2,123.70.0008get 0.0001% / 1h19m 00s$267K$25K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Phemex. 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
$1.68
Price spread: +0.964% → +0.281%
$68.36
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$48.04
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Phemex: live order book, 4 min ago; Coinbase International: live order book, 34 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago3.21 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 34 min ago30.78 bp36.3 bp −$3660.7 bp −$607doesn'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−0.0462%8h2,104.5+0.050%$42K$67K20xas long as short
Lighter ANTHROPIC0.0000%1h2,167.1+3.027%$1.8M$952K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,151.1+2.267%$2.4M$351K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,165+2.927%$4.8M$883K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,104.4+0.046%$1.4M$1.2M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,152.8+2.347%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,103.6+0.009%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,108+0.217%$2.4M10xas long as short
Phemex ANTHROPICUSDTlong0.0000%8h2,103.4long leg$1.5M$376K10x
Coinbase International ANTHROPIC-PERP-INTXshort+0.0008%1h2,123.7+0.964%$267K$25K5x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,163.2+2.842%$6.3M$16.1M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,103.5+0.005%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,104+0.029%$121K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,104.1+0.034%$32.0M$8.2M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,103.6+0.009%$7.8M$277K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,111+0.359%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,102.3−0.054%$2.4M$675Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,103.5+0.006%$10K$156K10xas long as short
BloFin ANTHROPIC-USDT+0.0073%8h2,103.6+0.006%$269K$256K20xas long as short
Entropy io:ANTH+0.0090%1h2,150.8+2.252%$34.8M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,104.3+0.039%$10K$6310xas long as short