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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.051%
Price spread now: Gate against Coinbase International+1.614%7-day average +1.908% · you sell dearer than you buy
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2422.416% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 4 days (all we have)−0.654%−$65 · spread now +1.614%, 7d avg +1.908%
Together, before fees−0.684%−$68 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.294% cheaper against Coinbase International than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +1.908%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ANTHROPIC-PERP-INTX2,117.90.0008pay 0.0001% / 1h56m 05s$267K$26K5x
ShortGate ANTHROPIC_USDT2,152.10get 0.0000% / 8h6h 56m$2.4M$980K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Coinbase International. 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
−$1.68
Price spread: +1.614% → +1.908%
−$29.42
Slippage, 4 orders
−$216.6
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$272.7
Costs to cover
2.416%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 37 min ago; Gate: live order book, 2 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 Coinbase International live order book, 37 min ago23.09 bp38.7 bp −$3958.0 bp −$580doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago10.89 bp70.6 bp −$71607.6 bp −$6,076doesn'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−0.0445%8h2,106−0.564%$42K$68K20xas long as short
QFEX ANTHROPIC-USD−0.0004%1h2,105.7−0.577%$1.4M$1.0M10xas long as short
Lighter ANTHROPIC0.0000%1h2,167+2.316%$1.8M$820K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,149.6+1.495%$2.3M$431K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.5+2.198%$4.8M$799K10xas long as short
Gate ANTHROPIC_USDTshort0.0000%8h2,152.1+1.614%$2.4M$980K50x
Bitget ANTHROPICUSDT0.0000%8h2,105.9−0.570%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,110.5−0.351%$2.1M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,107.6−0.488%$1.6M$373K10xas long as short
Coinbase International ANTHROPIC-PERP-INTXlong+0.0008%1h2,117.9long leg$267K$26K5x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,162.1+2.085%$6.4M$16.0M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,105.4−0.593%$19K$3K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,106.7−0.531%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,106.2−0.554%$32.1M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,106.4−0.544%$7.8M$255K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,115.2−0.130%$500K$116K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,106.6−0.534%$2.3M$630Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,108.7−0.436%$10K$176K10xas long as short
BloFin ANTHROPIC-USDT+0.0066%8h2,105.8−0.572%$271K$257K20xas long as short
Entropy io:ANTH+0.0092%1h2,152.7+1.641%$35.1M$7.4M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,105.7−0.579%$10K$6310xas long as short