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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h 0.000%
Price spread now: Bitget against QFEX−0.012%7-day average −0.293% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$420.421% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.002%$0 on $10k
Price spread, last 7 days−0.699%−$70 · spread now −0.012%, 7d avg −0.293%
Together, before fees−0.697%−$70 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: Bitget is 0.281% dearer against QFEX than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.293%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ANTHROPIC-USD2,102.4−0.0004get 0.0001% / 1h8m 37s$1.4M$1.3M10x
ShortBitget ANTHROPICUSDT2,102.10get 0.0000% / 8h5h 08m$25.7M$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against QFEX. 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
$0.89
Price spread: −0.012% → −0.293%
$28.1
Slippage, 4 orders
−$20.12
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$13.13
Costs to cover
0.421%
Break-even
110.2 days
Slippage from QFEX: live order book, 3 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 3 min ago2.02 bp9.5 bp −$916.3 bp −$163doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.69 bp11.5 bp −$1139.2 bp −$392doesn'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
HTX ANTHROPIC-USDT−0.0405%8h2,103.1+0.036%$42K$67K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0144%1h2,123.7+1.015%$267K$25K5xas long as short
QFEX ANTHROPIC-USDlong−0.0004%1h2,102.4long leg$1.4M$1.3M10x
Lighter ANTHROPIC0.0000%1h2,165.3+2.993%$1.9M$908K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,149.2+2.227%$2.4M$352K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,165.8+3.017%$4.8M$861K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,152.3+2.374%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDTshort0.0000%8h2,102.1−0.012%$25.7M$3.0M20x
SunX ANTHROPIC-USDT0.0000%8h2,106.3+0.186%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,102.9+0.022%$1.5M$376K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,165.7+3.012%$6.3M$16.2M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,101.8−0.027%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,102.7+0.015%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,102.9+0.025%$32.0M$8.2M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,103.6+0.060%$7.8M$279K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7+0.395%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,101.8−0.027%$2.4M$679Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,102.8+0.019%$10K$148K10xas long as short
BloFin ANTHROPIC-USDT+0.0072%8h2,102.7+0.013%$269K$255K20xas long as short
Entropy io:ANTH+0.0090%1h2,155.9+2.546%$35.1M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,102.5+0.008%$10K10xas long as short