Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Binance against Gate−2.245%7-day average −2.145% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2022.015% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 7 days+0.396%+$40 · spread now −2.245%, 7d avg −2.145%
=Funding pays, the price is against you. Binance is 0.101% cheaper against Gate than usual: you would sell low and buy high (spread −2.245% now, against its 7-day average of −2.145%). If the spread goes back, that is −$10 on $10k: about 6.7 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ANTHROPIC_USDT | 2,154.9 | 0 | get 0.0000% / 8h | 9m 06s | $2.4M | $1.1M | 50x |
| Short | Binance ANTHROPICUSDT | 2,106.5 | 0.0050 | get 0.0050% / 8h | 9m 06s | $32.1M | $8.3M | 20x |
Gate ANTHROPIC_USDT
Binance ANTHROPICUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.5
- Price spread: −2.245% → −2.145%
- −$10.07
- Slippage, 4 orders
- −$176.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$201.08
- Costs to cover
- 2.015%
- Break-even
- 141.1 days
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 2 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 Gate live order book, 4 min ago | 1.58 bp | 103.6 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.19 bp | 11.5 bp −$12 | 27.2 bp −$272 | 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 | −0.0432% | 8h | 2,106.9 | −2.229% | $41K | $69K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,106.4 | −2.250% | $1.4M | $1.1M | 10x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,155.7 | +0.034% | $2.3M | $423K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,165.1 | +0.473% | $4.8M | $851K | 10x | as long as short |
| Gate ANTHROPIC_USDTlong | 0.0000% | 8h | 2,154.9 | long leg | $2.4M | $1.1M | 50x | |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,105.2 | −2.305% | $25.9M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,110.5 | −2.061% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,106.9 | −2.228% | $1.6M | $382K | 10x | as long as short |
| Lighter ANTHROPIC | +0.0008% | 1h | 2,170.2 | +0.710% | $1.9M | $880K | 5x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0024% | 8h | 2,106.8 | −2.232% | $270K | $258K | 20x | as long as short |
HTX ANTHROPIC-USDT
QFEX ANTHROPIC-USD
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter ANTHROPIC
BloFin ANTHROPIC-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,166.5 | +0.538% | $6.4M | $16.8M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,105.9 | −2.275% | $19K | $5K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,106.8 | −2.232% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDTshort | +0.0050% | 8h | 2,106.5 | −2.245% | $32.1M | $8.3M | 20x | |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,106.5 | −2.246% | $7.8M | $272K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,112.7 | −1.960% | $498K | $32K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,105.3 | −2.302% | $2.3M | $651K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,107.4 | −2.204% | $10K | $170K | 10x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,106 | −2.271% | $10K | $63 | 10x | as long as short |
| Entropy io:ANTH | +0.0108% | 1h | 2,155.7 | +0.037% | $35.1M | $7.5M | 6x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0128% | 1h | 2,117.9 | −1.716% | $267K | $28K | 5x | as long as short |
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
Aevo ANTHROPIC-PERP
Entropy io:ANTH
Coinbase International ANTHROPIC-PERP-INTX