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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0050%/8hnext payment $0.50 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against Binance+2.190%7-day average +2.275% · you sell dearer than you buy
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2332.334% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$11 on $10k
Price spread, last 1 day (all we have)+0.220%+$22 · spread now +2.190%, 7d avg +2.275%
Together, before fees+0.115%+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.085% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +2.275%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ANTHROPICUSDT2,1180.0050pay 0.0050% / 8h4h 21m$32.1M$7.6M20x
ShortGate ANTHROPIC_USDT2,164.40get 0.0000% / 8h4h 21m$2.5M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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
−$10.5
Price spread: +2.190% → +2.275%
−$8.49
Slippage, 4 orders
−$208.37
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$252.35
Costs to cover
2.334%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Gate: 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 Binance live order book, 7 min ago0.97 bp14.3 bp −$1456.4 bp −$564104.0 bp −$10.4Kdoesn't fit
Sell Gate live order book, 10 min ago9.64 bp106.4 bp −$106634.8 bp −$6,348doesn'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−0.0225%8h2,118.1+0.004%$42K$70K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0016%1h2,129.2+0.530%$268K$27K5xas long as short
Lighter ANTHROPIC0.0000%1h2,187.2+3.268%$1.9M$678K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,165.2+2.231%$2.4M$308K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,176.9+2.782%$4.8M$1.1M10xas long as short
Gate ANTHROPIC_USDTshort0.0000%8h2,164.4+2.190%$2.5M$1.1M50x
Bitget ANTHROPICUSDT0.0000%8h2,116.5−0.070%$26.1M$2.7M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,121+0.143%$2.6M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,1180.000%$1.6M$355K10xas long as short
QFEX ANTHROPIC-USD+0.0009%1h2,117.3−0.031%$1.4M$1.4M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,186.5+3.235%$6.2M$17.0M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,117.1−0.041%$19K$38K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,117.2−0.039%$122K$5K10xas long as short
Binance ANTHROPICUSDTlong+0.0050%8h2,118long leg$32.1M$7.6M20x
MEXC ANTHROPIC_USDT+0.0050%8h2,117.8−0.011%$7.8M$273K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,129.4+0.538%$479K$14K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,118.9+0.044%$2.3M$518Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,119.3+0.060%$10K$151K10xas long as short
BloFin ANTHROPIC-USDT+0.0060%8h2,117.5−0.021%$272K$260K20xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,117.8−0.007%$10K10xas long as short
Entropy io:ANTH+0.0110%1h2,177.5+2.810%$35.2M$7.2M6xas long as short