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Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets
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Alert: funding
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Alert: spread
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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: MEXC against Phemex+0.026%7-day average −0.043% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on PhemexShort on MEXC
What this pair did over the last
the charts below follow
Funding, last 7 days+0.105%+$11 on $10k
Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.026%, 7d avg −0.043%
Together, before fees−0.025%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.069% dearer against Phemex than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ANTHROPICUSDT2,104.10get 0.0000% / 8h3h 07m$1.6M$378K10x
ShortMEXC ANTHROPIC_USDT2,104.60.0050get 0.0050% / 8h3h 07m$7.8M$278K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$10.5
Price spread: +0.026% → −0.043%
$6.9
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
$5.4
Costs to cover
0.120%
Break-even
3.4 days
Slippage unknown: Phemex: live order book, just now; MEXC: live order book, 5 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, just now6.39 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago0.31 bp2.0 bp −$236.0 bp −$360390.5 bp −$39.0Kdoesn'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−0.0467%8h2,105.2+0.056%$42K$67K20xas long as short
Lighter ANTHROPIC0.0000%1h2,167.3+3.006%$1.8M$957K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,150.5+2.209%$2.4M$351K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.1+2.854%$4.8M$876K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,103.9−0.007%$1.4M$1.2M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,152.2+2.287%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,104−0.002%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,108.3+0.202%—$2.4M10xas long as short
Phemex ANTHROPICUSDTlong0.0000%8h2,104.1long leg$1.6M$378K10x
Coinbase International ANTHROPIC-PERP-INTX+0.0008%1h2,123.7+0.934%$267K$25K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ANTHROPIC-USDT+0.0021%8h2,104.1+0.002%$269K$256K20xas long as short
Lighter RH ANTHROPIC+0.0032%1h2,163.1+2.806%$6.3M$16.2M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,103.4−0.033%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,104−0.005%$121K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,103.9−0.006%$32.0M$8.2M20xas long as short
MEXC ANTHROPIC_USDTshort+0.0050%8h2,104.6+0.026%$7.8M$278K50x
KuCoin ANTHROPICUSDTM+0.0050%8h2,111+0.329%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,103.2−0.043%$2.4M$675K—as long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,103.9−0.009%$10K$156K10xas long as short
Entropy io:ANTH+0.0093%1h2,150.8+2.221%$34.8M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,103.6−0.024%$10K$6310xas long as short