ANTHROPIC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.72 per $10,000 · paid last 24h −0.018%

Price spread now: Bybit against BloFin+2.191%82s7-day average +2.279% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$620.619% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 4 days (all we have)+0.222%+$22 · spread now +2.191%, 7d avg +2.279%

Together, before fees+0.130%+$13 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 Bybit is 0.089% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +2.279%). Swap the legs. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ANTHROPIC-USDT	2,104	0.0072	pay 0.0072% / 8h	3h 03m	$225K	$256K	20x
Short	Bybit ANTHROPICUSDT	2,150.1	0	get 0.0000% / 8h	3h 03m	$2.4M	$351K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now +2.191%Rate

Funding earned: −$15.17
Price spread: +2.191% → +2.279%: −$8.89
Slippage, 4 orders: −$38.92
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$85.97
Costs to cover: 0.619%
Break-even: never at this rate

Slippage from BloFin: live order book, 18 min ago; Bybit: live order book, 3 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 BloFin live order book, 18 min ago	1.71 bp	14.8 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	12.04 bp	18.5 bp −$19	80.6 bp −$806	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	−0.0470%	8h	2,105.9	+0.091%	$42K	$67K	20x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,167.3	+3.008%	$1.8M	$957K	5x	as long as short
Bybit ANTHROPICUSDTshort	0.0000%	8h	2,150.1	+2.191%	$2.4M	$351K	25x
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,164.2	+2.861%	$4.8M	$876K	10x	as long as short
QFEX ANTHROPIC-USD	0.0000%	1h	2,104	−0.002%	$1.4M	$1.2M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,152.2	+2.289%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,104	0.000%	$25.9M	$3.2M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,107.9	+0.185%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,105.4	+0.067%	$1.6M	$376K	10x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	+0.0008%	1h	2,123.7	+0.936%	$267K	$25K	5x	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	2,163.1	+2.808%	$6.3M	$16.2M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,103.6	−0.018%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,104.2	+0.009%	$121K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,104.2	+0.008%	$32.0M	$8.1M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,104.5	+0.024%	$7.8M	$278K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,111	+0.332%	$477K	$20K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,104.6	+0.030%	$2.4M	$675K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,103.9	−0.005%	$10K	$156K	10x	as long as short
BloFin ANTHROPIC-USDTlong	+0.0072%	8h	2,104	long leg	$225K	$256K	20x
Entropy io:ANTH	+0.0093%	1h	2,150.9	+2.229%	$34.8M	$7.6M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,103.8	−0.008%	$10K	$63	10x	as long as short