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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 07:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.053%
Price spread now: Coinbase International against Bitget+0.603%7-day average +0.491% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$960.958% of the position
Long on BitgetShort on Coinbase International
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 4 days (all we have)+0.331%+$33 · spread now +0.603%, 7d avg +0.491%
Together, before fees+0.356%+$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.112% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.491%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ANTHROPICUSDT2,105.20get 0.0000% / 8h8m 59s$25.9M$3.2M20x
ShortCoinbase International ANTHROPIC-PERP-INTX2,117.90.0128get 0.0016% / 1h8m 59s$267K$28K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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
$26.88
Price spread: +0.603% → +0.491%
$11.18
Slippage, 4 orders
−$73.81
Fee Bitget: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$57.75
Costs to cover
0.958%
Break-even
22.0 days
Slippage from Bitget: live order book, 5 min ago; Coinbase International: live order book, 29 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 Bitget live order book, 5 min ago0.43 bp8.9 bp −$913.2 bp −$132doesn't fitdoesn't fit
Sell Coinbase International live order book, 29 min ago31.28 bp36.3 bp −$3655.6 bp −$556doesn'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−0.0432%8h2,106.9+0.077%$41K$69K20xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,106.4+0.057%$1.4M$1.1M10xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,156+2.410%$2.3M$423K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,165.1+2.843%$4.8M$851K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,155+2.364%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDTlong0.0000%8h2,105.2long leg$25.9M$3.2M20x
SunX ANTHROPIC-USDT0.0000%8h2,110.5+0.250%—$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,106.9+0.078%$1.6M$382K10xas long as short
Lighter ANTHROPIC+0.0008%1h2,170.2+3.086%$1.9M$880K5xas long as short
BloFin ANTHROPIC-USDT+0.0024%8h2,106.8+0.075%$270K$258K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,166.5+2.910%$6.4M$16.8M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,106+0.038%$19K$5K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,106.8+0.076%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,106.5+0.058%$32.1M$8.3M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,106.5+0.058%$7.8M$272K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,112.7+0.356%$498K$32K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,105.3+0.003%$2.3M$651K—as long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,107.4+0.104%$10K$170K10xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,106+0.035%$10K$6310xas long as short
Entropy io:ANTH+0.0108%1h2,155.7+2.397%$35.1M$7.5M6xas long as short
Coinbase International ANTHROPIC-PERP-INTXshort+0.0128%1h2,117.9+0.603%$267K$28K5x