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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0078%/8h= +8.5% APRpaid last 24h +0.038%
Price spread now: Coinbase International against Aster+0.586%7-day average +0.238% · you sell dearer than you buy
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$258as in the Price arb table
costs, in and out, $10k−$2932.927% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.080%−$8 on $10k
Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.586%, 7d avg +0.238%
Together, before fees−0.267%+ Points / potential airdropAster: Stage 5 · farm board−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.348% dearer against Aster than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.238%. Mind the row above: over the last 7 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ANTHROPICUSDT2,108.40.0050pay 0.0050% / 8h48m 07s$122K$6K10x
ShortCoinbase International ANTHROPIC-PERP-INTX2,120.70.0128get 0.0016% / 1h48m 07s$267K$25K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aster. 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
$16.38
Price spread: +0.586% → +0.238%
$34.78
Slippage, 4 orders
−$274.71
Fee Aster: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$241.55
Costs to cover
2.927%
Break-even
110.2 days
Slippage from Aster: live order book, 53 min ago; Coinbase International: live order book, 55 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 Aster live order book, 53 min ago60.01 bp149.1 bp −$149doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 55 min ago34.53 bp39.5 bp −$4057.1 bp −$571doesn'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−0.0429%8h2,108.5+0.008%$42K$69K20xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,107.9−0.020%$1.4M$1.1M10xas long as short
Lighter ANTHROPIC0.0000%1h2,170.9+2.967%$1.9M$876K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,154.5+2.186%$2.3M$422K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,166.4+2.753%$4.8M$853K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,154.8+2.201%$2.4M$1.0M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,105.5−0.137%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,112.6+0.201%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.3−0.002%$1.6M$384K10xas long as short
BloFin ANTHROPIC-USDT+0.0024%8h2,107.9−0.020%$271K$260K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,168+2.829%$6.4M$16.3M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,107.8−0.028%$19K$22K10xas long as short
Aster ANTHROPICUSDTlong+0.0050%8h2,108.4long leg$122K$6K10x
Binance ANTHROPICUSDT+0.0050%8h2,108.3−0.001%$32.1M$8.3M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,108−0.017%$7.8M$269K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,112+0.174%$499K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,107.3−0.048%$2.3M$655Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,108.1−0.010%$10K$167K10xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,108.1−0.013%$10K$6310xas long as short
Coinbase International ANTHROPIC-PERP-INTXshort+0.0128%1h2,120.7+0.586%$267K$25K5x
Entropy io:ANTH+0.0144%1h2,155.6+2.241%$35.0M$7.6M6xas long as short