ANTHROPIC

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.015%

Price spread now: Phemex against Binance+0.026%7-day average +0.049% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$11 on $10k

Price spread, last 4 days (all we have)+0.085%+$9 · spread now +0.026%, 7d avg +0.049%

Together, before fees−0.020%−$2 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 Phemex is 0.023% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.049%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ANTHROPICUSDT	2,108.5	0.0050	pay 0.0050% / 8h	5h 59m	$32.1M	$7.4M	20x
Short	Phemex ANTHROPICUSDT	2,109	0	get 0.0000% / 8h	5h 59m	$1.6M	$358K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee PhemexbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$10.5
Price spread: +0.026% → +0.049%: −$2.32
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$34.82
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 5 min ago; Phemex: live order book, 2 min ago. Net counts fees only.

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, 5 min ago	0.52 bp	10.1 bp −$10	19.6 bp −$196	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	2.49 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

ANTHROPIC on 21 exchanges

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	−0.0379%	8h	2,113.3	+0.231%	$42K	$68K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0024%	1h	2,117.9	+0.450%	$267K	$26K	5x	as long as short
QFEX ANTHROPIC-USD	−0.0004%	1h	2,108.8	+0.017%	$1.4M	$1.0M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,171	+2.966%	$1.9M	$825K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,152.3	+2.078%	$2.3M	$383K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,168.9	+2.867%	$4.8M	$779K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,156	+2.254%	$2.4M	$975K	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,106.6	−0.090%	$25.9M	$3.0M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,113	+0.215%	—	$1.7M	10x	as long as short
Phemex ANTHROPICUSDTshort	0.0000%	8h	2,109	+0.026%	$1.6M	$358K	10x

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ANTHROPIC-USDT	+0.0023%	8h	2,109.5	+0.051%	$273K	$246K	20x	as long as short
Lighter RH ANTHROPIC	+0.0032%	1h	2,165.8	+2.720%	$6.3M	$16.0M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,107.8	−0.033%	$10K	$11K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,109	+0.025%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDTlong	+0.0050%	8h	2,108.5	long leg	$32.1M	$7.4M	20x
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,108.8	+0.014%	$7.8M	$244K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,116.7	+0.391%	$499K	$181K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,108.8	+0.016%	$2.3M	$629K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,108.1	−0.016%	$11K	$183K	10x	as long as short
Entropy io:ANTH	+0.0098%	1h	2,154.9	+2.203%	$35.1M	$7.1M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,108	−0.024%	$10K	$63	10x	as long as short