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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRnext payment $0.46 per $10,000 · paid last 24h −0.018%
Price spread now: Phemex against BloFin+0.014%59s7-day average +0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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)+0.085%+$8 · spread now +0.014%, 7d avg +0.037%
Together, before fees−0.007%−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Phemex is 0.024% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.037%). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ANTHROPIC-USDT2,104.50.0046pay 0.0046% / 8h3h 37m$269K$256K20x
ShortPhemex ANTHROPICUSDT2,104.80get 0.0000% / 8h3h 37m$1.6M$376K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
−$9.58
Price spread: +0.014% → +0.037%
−$2.37
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$35.95
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 54 min ago; Phemex: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 54 min ago0.66 bp11.0 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago4.82 bpdoesn't fitdoesn't fitdoesn'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−0.0450%8h2,105.1+0.030%$42K$67K20xas long as short
Lighter ANTHROPIC0.0000%1h2,166.4+2.942%$1.8M$946K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,150.7+2.195%$2.4M$351K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.9+2.871%$4.8M$877K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,104.2−0.015%$1.4M$1.2M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,152.6+2.285%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,103.7−0.036%$25.9M$3.1M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,107.9+0.163%$2.4M10xas long as short
Phemex ANTHROPICUSDTshort0.0000%8h2,104.8+0.014%$1.6M$376K10x
Coinbase International ANTHROPIC-PERP-INTX+0.0008%1h2,123.7+0.914%$267K$25K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,161.4+2.705%$6.2M$15.8M5xas long as short
BloFin ANTHROPIC-USDTlong+0.0046%8h2,104.5long leg$269K$256K20x
Extended ANTHROP-USD+0.0048%1h2,103.6−0.041%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,104−0.021%$121K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,104.1−0.016%$32.0M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,104.4−0.004%$7.8M$276K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7+0.295%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,104.8+0.014%$2.4M$689Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,105.4+0.046%$10K$155K10xas long as short
Entropy io:ANTH+0.0067%1h2,149.9+2.158%$34.8M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,104.1−0.019%$10K$6310xas long as short