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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h 0.000%
Price spread now: QFEX against Phemex+0.062%7-day average −0.050% · 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 3 days (all we have)−0.002%$0 on $10k
Price spread, last 3 days (all we have)−0.149%−$15 · spread now +0.062%, 7d avg −0.050%
Together, before fees−0.151%−$15 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: QFEX is 0.112% dearer against Phemex than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ANTHROPICUSDT2,108.50get 0.0000% / 8h15m 33s$1.6M$376K10x
ShortQFEX ANTHROPIC-USD2,109.8−0.0002pay 0.0000% / 1h15m 33s$1.4M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$0.39
Price spread: +0.062% → −0.050%
$11.2
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$11.19
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 2 min ago; QFEX: live order book, 1 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 ago3.94 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 1 min ago1.61 bp7.8 bp −$814.6 bp −$146doesn'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
Coinbase International ANTHROPIC-PERP-INTX−0.0376%1h2,119.1+0.500%$267K$26K5xas long as short
HTX ANTHROPIC-USDT−0.0282%8h2,108.7+0.007%$42K$70K20xas long as short
QFEX ANTHROPIC-USDshort−0.0002%1h2,109.8+0.062%$1.4M$1.5M10x
Lighter ANTHROPIC0.0000%1h2,173.4+3.077%$1.9M$748K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,153.3+2.123%$2.3M$373K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,170.9+2.958%$4.8M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,156.6+2.277%$2.5M$1.2M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,105.7−0.133%$25.9M$3.1M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,112.6+0.193%$2.6M10xas long as short
Phemex ANTHROPICUSDTlong0.0000%8h2,108.5long leg$1.6M$376K10x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,172.5+3.034%$6.3M$17.2M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,109.4+0.041%$19K$38K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,110+0.071%$123K$7K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,109.6+0.052%$31.9M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,109.7+0.057%$7.8M$279K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,122.2+0.650%$479K$21K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,108−0.025%$2.3M$515Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,107.7−0.038%$10K$157K10xas long as short
BloFin ANTHROPIC-USDT+0.0072%8h2,108.50.000%$268K$259K20xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,108.2−0.015%$10K10xas long as short
Entropy io:ANTH+0.0115%1h2,161.4+2.507%$35.1M$7.7M6xas long as short