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

ANTHROPIC

RWAall ANTHROPIC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.14 per $10,000 · paid last 24h +0.043%
Price spread now: Entropy against QFEX+2.511%7-day average +3.422% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$480.478% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.146%+$15 on $10k
Price spread, last 7 days+1.538%+$154 · spread now +2.511%, 7d avg +3.422%
Together, before fees+1.684%+$168 on $10k · with fees, hour by hour
Funding pays, the price is against you. Entropy is 0.911% cheaper against QFEX than usual: you would sell low and buy high (spread +2.511% now, against its 7-day average of +3.422%). If the spread goes back, that is −$91 on $10k: about 26 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ANTHROPIC-USD2,108.3−0.0002get 0.0000% / 1h17m 17s$1.4M$1.5M10x
ShortEntropy io:ANTH2,161.20.0114get 0.0014% / 1h17m 17s$35.1M$7.7M6x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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
$24.29
Price spread: +2.511% → +3.422%
−$91.07
Slippage, 4 orders
−$19.81
Fee QFEX: 5 bp × 2 orders
−$10
Fee Entropy: 9 bp × 2 orders
−$18
Net
−$114.59
Costs to cover
0.478%
Break-even
40.0 days
Slippage from QFEX: live order book, 4 min ago; Entropy: live order book, 10 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 ago1.47 bp8.6 bp −$918.1 bp −$181doesn't fitdoesn't fit
Sell Entropy live order book, 10 min ago0.46 bp15.6 bp −$16doesn't fitdoesn'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
Coinbase International ANTHROPIC-PERP-INTX−0.0376%1h2,119.1+0.513%$267K$26K5xas long as short
HTX ANTHROPIC-USDT−0.0281%8h2,109.2+0.042%$42K$70K20xas long as short
QFEX ANTHROPIC-USDlong−0.0002%1h2,108.3long leg$1.4M$1.5M10x
Lighter ANTHROPIC0.0000%1h2,173.3+3.085%$1.9M$713K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,155.2+2.224%$2.4M$373K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,171.1+2.981%$4.8M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,157.1+2.315%$2.5M$1.2M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,104.2−0.194%$25.8M$3.1M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,112.8+0.215%$2.6M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.8+0.023%$1.6M$376K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,172.1+3.028%$6.3M$17.2M5xas long as short
BloFin ANTHROPIC-USDT+0.0042%8h2,108−0.011%$267K$259K20xas long as short
Extended ANTHROP-USD+0.0048%1h2,108−0.012%$19K$38K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,108.6+0.014%$123K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,108.6+0.014%$31.9M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,108.4+0.006%$7.8M$279K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,122.2+0.663%$479K$21K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,107.9−0.015%$2.3M$515Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,107.6−0.033%$10K$157K10xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,108.2−0.001%$10K10xas long as short
Entropy io:ANTHshort+0.0114%1h2,161.2+2.511%$35.1M$7.7M6x