Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1,735.1+0.0418pay 0.0052% / 1h2m 35s$923K$75K6xLong Phoenix
SHORT1,732.3+0.3125get 0.0391% / 1h2m 35s$364K$3.9M10xShort Polymarket Perps
Price gap−0.161%60s
Funding gap+0.2708% /8h

Both sides work: funding pays +$81 a day on $10k, and the gap is 0.020% above its 7d average: +$2 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$103+0.2708% /8h now · paid −1.026% over the last 7D
Price—spread −0.161%60s now · prices read too far apart to compare
Costs−$770.772% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −1.026% in total, about −0.0488%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.161%
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

/8h

ANTHROPIC on 29 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size29.5 / 7.5 bp
    At $10k entering Phoenix costs 29.5 bp, fee and slippage, 4.0× Polymarket Perps’s.
  • Note: Margin at max leverage$1,667 + $1,000
    Phoenix 6x, Polymarket Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$81.23Long Phoenix: 24 payments, −$12.53; short Polymarket Perps: 24 payments, +$93.76.
  • Watch: Prices read 60 s apart−0.161% vs −0.182%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$364K vs $923K OI
    Polymarket Perps sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legPhoenix No · Polymarket Perps No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0488%/8h × 21 periods−$102.56
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$62.19
Fee Phoenix bp × 2 orders−$7.00
Fee Polymarket Perps bp × 2 orders−$8.00
Net · 7 days · $10k−$179.75
price spread not counted: prices read too far apart
Costs to cover0.772%Break-evennever at this rate
Slippage: Phoenix: live order book, 8 min ago; Polymarket Perps: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPhoenix2.8829.5 bp−$30200.3 bp−$2,003doesn’t fitdoesn’t fit
SELL · SHORTPolymarket Perps3.457.5 bp−$717.6 bp−$176doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

ANTHROPIC news

posts that mention ANTHROPIC or Anthropic, from every exchange
11-05 15:49EntropyOtherAnthropic fell ~5% on Entropy from $1,850 to $1,750, an implied $1.75T, as US chip stocks sold off at the open, with AMD down 15% and Nvidia nearly 8%. @entropyIO on X ↗
11-05 15:17Polymarket PerpsOtherThink in billions, not shares.‍‍‍ A move from 1,820 to 1,830 on $ANT represents a $10B increase in Anthropic's implied valuation. Trade $ANT on Polymarket Perps with a 3× volume boost in the $50K Competition👇 @Poly_Perps on X ↗
11-05 15:15BitgetOtherJoin our expert guest, Benson, as he shares investment strategies and expert insights on the Anthropic IPO. Benson is a veteran of 100+ IPOs and former Venture Capital Fund Director of a listed company. We'll start in few minutes. Join on Bitget Live now! 🎙️ @bitget on X ↗
11-05 14:00BitgetOtherVIPs, It's time to subscribe to Anthropic IPO. You've got 5 days to subsribe. @bitget on X ↗
11-05 14:00MEXCContestThe Anthropic Pre-IPO Carnival is live on MEXC! 🚀 $600,000 prize pool. Grand prize: 5 ANTon. Register & complete eligible missions to get draw chances. Every draw wins a prize! Get ahead of the biggest IPO buzz now. 👉 @MEXC on X ↗
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