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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h 0.000%
Price spread now: Bybit against QFEX+2.361%7-day average +2.102% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$850.848% of the position
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 7 days−0.526%−$53 · spread now +2.361%, 7d avg +2.102%
Together, before fees−0.524%−$52 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: Bybit is 0.259% dearer against QFEX than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of +2.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ANTHROPIC-USD2,107.5−0.0002get 0.0000% / 1h42m 04s$1.4M$1.4M10x
ShortBybit ANTHROPICUSDT2,157.30get 0.0000% / 8h6h 42m$2.4M$377K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0.32
Price spread: +2.361% → +2.102%
$25.9
Slippage, 4 orders
−$63.84
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$58.62
Costs to cover
0.848%
Break-even
1292.4 days
Slippage from QFEX: live order book, 4 min ago; Bybit: 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, 4 min ago1.54 bp8.6 bp −$912.2 bp −$122doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago25.12 bp36.5 bp −$36143.3 bp −$1,433doesn'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−0.0326%8h2,108.4+0.041%$42K$67K20xas long as short
QFEX ANTHROPIC-USDlong−0.0002%1h2,107.5long leg$1.4M$1.4M10x
Lighter ANTHROPIC0.0000%1h2,169.8+2.955%$1.9M$909K5xas long as short
Bybit ANTHROPICUSDTshort0.0000%8h2,157.3+2.361%$2.4M$377K25x
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,169.1+2.921%$4.8M$1.0M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,157.4+2.366%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,104.4−0.149%$25.8M$3.0M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111.4+0.184%$2.6M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,109.9+0.112%$1.6M$374K10xas long as short
Lighter RH ANTHROPIC+0.0032%1h2,171+3.012%$6.3M$16.3M5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ANTHROP-USD+0.0048%1h2,106.8−0.033%$19K$38K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,107.6+0.005%$122K$7K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,107.3−0.009%$32.0M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.4−0.004%$7.8M$276K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,118.9+0.540%$478K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,107.1−0.019%$2.4M$669Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,107.1−0.018%$10K$149K10xas long as short
BloFin ANTHROPIC-USDT+0.0058%8h2,107.4−0.007%$270K$257K20xas long as short
Entropy io:ANTH+0.0086%1h2,164.7+2.713%$35.2M$7.7M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,107.4−0.005%$10K10xas long as short
Coinbase International ANTHROPIC-PERP-INTX+0.0104%1h2,123.7+0.768%$267K$26K5xas long as short