ANTHROPIC

Alert: funding

Alert: spread

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: Variational Omni against Phemex−0.083%7-day average −0.056% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.050%+$5 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.083%, 7d avg −0.056%

Together, before fees+0.072%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.027% cheaper against Phemex than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.056%). If the spread goes back, that is −$3 on $10k: about 43 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex ANTHROPICUSDT	2,109.6	0	get 0.0000% / 8h	1h 00m	$1.6M	$384K	10x
Short	Variational Omni ANTHROPIC	2,107.8	0.0050	get 0.0050% / 8h	1h 00m	$2.3M	$655K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee PhemexbpFee Variational OmnibpOrdersPrice spread, now −0.083%Rate

Funding earned: $10.5
Price spread: −0.083% → −0.056%: −$2.7
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$4.2
Costs to cover: 0.120%
Break-even: 9.8 days

Slippage unknown: Phemex: live order book, 2 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

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 Phemex live order book, 2 min ago	1.97 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	3.80 bp	doesn't fit	39.5 bp −$395	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	−0.0432%	8h	2,109	−0.027%	$42K	$69K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0080%	1h	2,120.7	+0.527%	$267K	$25K	5x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,168.4	+2.788%	$1.9M	$904K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,155.1	+2.157%	$2.3M	$422K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,165.9	+2.669%	$4.8M	$853K	10x	as long as short
QFEX ANTHROPIC-USD	0.0000%	1h	2,107.9	−0.080%	$1.4M	$1.1M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,154.8	+2.142%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,105.2	−0.208%	$25.9M	$3.2M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,111.8	+0.105%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDTlong	0.0000%	8h	2,109.6	long leg	$1.6M	$384K	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ANTHROPIC	+0.0032%	1h	2,164.9	+2.622%	$6.4M	$16.7M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,107.4	−0.102%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,108	−0.074%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,108	−0.074%	$32.1M	$8.3M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,108.2	−0.068%	$7.8M	$275K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,112	+0.115%	$499K	$25K	20x	as long as short
Variational Omni ANTHROPICshort	+0.0050%	8h	2,107.8	−0.083%	$2.3M	$655K	—
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,108.4	−0.059%	$10K	$166K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0059%	8h	2,108.5	−0.054%	$270K	$260K	20x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,108.4	−0.056%	$10K	$63	10x	as long as short
Entropy io:ANTH	+0.0106%	1h	2,154	+2.105%	$35.0M	$7.6M	6x	as long as short