Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,892.2 | 0 | 0.0000% / 1h | 41m 14s | $1.0M | $53K | 6x | Long Phoenix | |
| SHORT | 1,900.8 | 0 | 0.0000% / 8h | 6h 41m | $3.5M | $1.5M | 10x | Short OKX |
Price gap+0.454%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$23 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$10.0000% /8h now · paid +0.007% over the last 7D
Price+$23spread +0.454% now, avg +0.225% → +0.229% if it goes back
Costs−$1561.559% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.454%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hANTHROPIC on 27 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size44.2 / 31.8 bpAt $10k entering Phoenix costs 44.2 bp, fee and slippage, 1.4× OKX’s.
- Note: Margin at max leverage$1,667 + $1,000Phoenix 6x, OKX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long Phoenix: 24 payments, $0.00; short OKX: 3 payments, $0.00.
- OK: Entry gap works for you+0.454% vs +0.225%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Long leg is thinner$1.0M vs $3.5M OIBoth legs are deep; Phoenix is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhoenix No · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0004%/8h × 21 periods+$0.75
Price spread+0.454% → +0.225% (7d avg)+$22.91
Slippage, 4 orderslive order books−$138.89
Fee Phoenix bp × 2 orders−$7.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$132.23
Costs to cover1.559%Break-even1242.2 days
Slippage: Phoenix: live order book, 6 min ago; OKX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix3.1744.2 bp−$44254.8 bp−$2,548doesn’t fitdoesn’t fit
SELL · SHORTOKX0.2631.8 bp−$32doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-27 14:37 | Kalshi | Other | JUST IN: Anthropic pays each trustee of its safety trust $400,000 a year @Kalshi on X ↗ |
| 10-27 13:30 | Vest Markets | Other | Into the open, $AVGO is up around 3%, with a $63B deal announced yesterday to fund Broadcom chips leased to Anthropic. Bank of America, Citi and Morgan Stanley are arranging the first lien and Blackstone the second, via a new vehicle that buys the hardware. Broadcom provides residual value support equal to the first lien, with deliveries starting in 2027 and $AVGO adding to a 2.3% gain in the prior session. @VestExchange on X ↗ |
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| 10-27 11:24 | Paragon | Listing | new market para:ANTH ($ANTHROPIC) seen by our collector |
| 10-27 10:48 | edgeX | Listing | new market ANTHROPICUSDC ($ANTHROPIC) seen by our collector |
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