Funding you earn now, next payment 03:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.015%
Price spread now: QFEX against KuCoin−0.382%56s7-day average −0.320% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$6276.271% of the position
Funding, last 4 days (all we have)−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.382%, 7d avg −0.320%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.062% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.320%). Swap the legs. The two prices were read 56 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 | KuCoin ANTHROPICUSDTM | 2,110.7 | 0.0050 | pay 0.0050% / 8h | 5h 21m | $477K | $20K | 20x |
| Short | QFEX ANTHROPIC-USD | 2,102.6 | −0.0004 | pay 0.0001% / 1h | 21m 42s | $1.4M | $1.3M | 10x |
KuCoin ANTHROPICUSDTM
QFEX ANTHROPIC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against KuCoin. 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
- −$11.39
- Price spread: −0.382% → −0.320%
- −$6.22
- Slippage, 4 orders
- −$605.11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$644.72
- Costs to cover
- 6.271%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; QFEX: live order book, 5 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 KuCoin live order book, 1 min ago | 12.85 bp | 462.6 bp −$463 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.93 bp | 9.2 bp −$9 | 10.2 bp −$102 | 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 | −0.0410% | 8h | 2,101.9 | −0.417% | $42K | $67K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0144% | 1h | 2,123.7 | +0.617% | $267K | $25K | 5x | as long as short |
| QFEX ANTHROPIC-USDshort | −0.0004% | 1h | 2,102.6 | −0.382% | $1.4M | $1.3M | 10x | |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,164.7 | +2.559% | $1.9M | $897K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,147.4 | +1.741% | $2.3M | $357K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,163.9 | +2.521% | $4.8M | $897K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,149.1 | +1.819% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,101.5 | −0.434% | $25.7M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,106.3 | −0.208% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,103.6 | −0.336% | $1.6M | $375K | 10x | as long as short |
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDTShow 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 | +2.621% | $6.3M | $16.1M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,102.2 | −0.401% | $19K | $22K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0048% | 8h | 2,102.6 | −0.384% | $269K | $255K | 20x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,102.8 | −0.372% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,102.6 | −0.385% | $31.9M | $8.2M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,102.5 | −0.389% | $7.8M | $278K | 50x | as long as short |
| KuCoin ANTHROPICUSDTMlong | +0.0050% | 8h | 2,110.7 | long leg | $477K | $20K | 20x | |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,101.8 | −0.421% | $2.4M | $679K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,102.1 | −0.406% | $10K | $148K | 10x | as long as short |
| Entropy io:ANTH | +0.0089% | 1h | 2,157.1 | +2.199% | $35.1M | $7.5M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,102.4 | −0.392% | $10K | — | 10x | as long as short |
Lighter RH ANTHROPIC
Extended ANTHROP-USD
BloFin ANTHROPIC-USDT
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
Entropy io:ANTH
Aevo ANTHROPIC-PERP