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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 07:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.039%
Price spread now: Entropy against Phemex+2.139%7-day average +2.729% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on PhemexShort on Entropy
What this pair did over the last
the charts below follow
Funding, last 7 days+0.364%+$36 on $10k
Price spread, last 4 days (all we have)+1.375%+$137 · spread now +2.139%, 7d avg +2.729%
Together, before fees+1.739%+$174 on $10k · with fees, hour by hour
Funding pays, the price is against you. Entropy is 0.589% cheaper against Phemex than usual: you would sell low and buy high (spread +2.139% now, against its 7-day average of +2.729%). If the spread goes back, that is −$59 on $10k: about 21 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ANTHROPICUSDT2,107.50get 0.0000% / 8h1h 40m$1.6M$381K10x
ShortEntropy io:ANTH2,152.60.0094get 0.0012% / 1h40m 44s$35.0M$7.5M6x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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
$19.78
Price spread: +2.139% → +2.729%
−$58.9
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$69.12
Costs to cover
0.300%
Break-even
31.5 days
Slippage unknown: Phemex: live order book, 2 min ago; Entropy: live order book, 6 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, 2 min ago3.37 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Entropy live order book, 6 min ago0.46 bp18.3 bp −$18doesn't fitdoesn'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−0.0428%8h2,107.3−0.011%$42K$68K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0080%1h2,120.7+0.626%$267K$25K5xas long as short
Lighter ANTHROPIC0.0000%1h2,167.4+2.842%$1.8M$900K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,152.9+2.155%$2.3M$423K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.1+2.685%$4.8M$850K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,106.2−0.061%$1.4M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,152.4+2.130%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,105−0.120%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,110.1+0.123%—$2.4M10xas long as short
Phemex ANTHROPICUSDTlong0.0000%8h2,107.5long leg$1.6M$381K10x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,163.6+2.661%$6.3M$16.2M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,106.2−0.062%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,106.7−0.039%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,106.7−0.040%$32.1M$8.2M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,106.5−0.050%$7.8M$273K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7+0.153%$498K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,106.3−0.057%$2.4M$620K—as long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,107.8+0.014%$10K$163K10xas long as short
BloFin ANTHROPIC-USDT+0.0078%8h2,106.9−0.028%$270K$258K20xas long as short
Entropy io:ANTHshort+0.0094%1h2,152.6+2.139%$35.0M$7.5M6x
Aevo ANTHROPIC-PERP+0.0104%1h2,106.7−0.037%$10K$6310xas long as short