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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ANTHROPICUSDT | 2,118 | 0.0050 | pay 0.0050% / 8h | 4h 21m | $32.1M | $7.6M | 20x |
| Short | Gate ANTHROPIC_USDT | 2,164.4 | 0 | get 0.0000% / 8h | 4h 21m | $2.5M | $1.1M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 7 min ago | 0.97 bp | 14.3 bp −$14 | 56.4 bp −$564 | 104.0 bp −$10.4K | doesn't fit |
| Sell Gate live order book, 10 min ago | 9.64 bp | 106.4 bp −$106 | 634.8 bp −$6,348 | doesn't fit | doesn't fit |
ANTHROPIC on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ANTHROPIC-USDT | −0.0225% | 8h | 2,118.1 | +0.004% | $42K | $70K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0016% | 1h | 2,129.2 | +0.530% | $268K | $27K | 5x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,187.2 | +3.268% | $1.9M | $678K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,165.2 | +2.231% | $2.4M | $308K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,176.9 | +2.782% | $4.8M | $1.1M | 10x | as long as short |
| Gate ANTHROPIC_USDTshort | 0.0000% | 8h | 2,164.4 | +2.190% | $2.5M | $1.1M | 50x | |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,116.5 | −0.070% | $26.1M | $2.7M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,121 | +0.143% | — | $2.6M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,118 | 0.000% | $1.6M | $355K | 10x | as long as short |
| QFEX ANTHROPIC-USD | +0.0009% | 1h | 2,117.3 | −0.031% | $1.4M | $1.4M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,186.5 | +3.235% | $6.2M | $17.0M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,117.1 | −0.041% | $19K | $38K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,117.2 | −0.039% | $122K | $5K | 10x | as long as short |
| Binance ANTHROPICUSDTlong | +0.0050% | 8h | 2,118 | long leg | $32.1M | $7.6M | 20x | |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,117.8 | −0.011% | $7.8M | $273K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,129.4 | +0.538% | $479K | $14K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,118.9 | +0.044% | $2.3M | $518K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,119.3 | +0.060% | $10K | $151K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0060% | 8h | 2,117.5 | −0.021% | $272K | $260K | 20x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,117.8 | −0.007% | $10K | — | 10x | as long as short |
| Entropy io:ANTH | +0.0110% | 1h | 2,177.5 | +2.810% | $35.2M | $7.2M | 6x | as long as short |
Binance ANTHROPICUSDT
Gate ANTHROPIC_USDT
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT