ANTHROPIC

Alert: funding

Alert: spread

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: Bybit against MEXC+2.024%7-day average +2.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$580.581% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$11 on $10k

Price spread, last 7 days−0.344%−$34 · spread now +2.024%, 7d avg +2.076%

Together, before fees−0.449%−$45 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 0.052% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +2.076%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ANTHROPIC_USDT	2,107.6	0.0050	pay 0.0050% / 8h	4h 10m	$7.8M	$279K	50x
Short	Bybit ANTHROPICUSDT	2,150.2	0	get 0.0000% / 8h	4h 10m	$2.4M	$351K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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 MEXCbpFee BybitbpOrdersPrice spread, now +2.024%Rate

Funding earned: −$10.5
Price spread: +2.024% → +2.076%: −$5.2
Slippage, 4 orders: −$47.11
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$73.81
Costs to cover: 0.581%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 1 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 MEXC live order book, 2 min ago	0.83 bp	2.2 bp −$2	66.5 bp −$665	437.6 bp −$43.8K	doesn't fit
Sell Bybit live order book, 1 min ago	13.84 bp	32.7 bp −$33	105.0 bp −$1,050	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	−0.0429%	8h	2,108.4	+0.037%	$42K	$67K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0280%	1h	2,123.7	+0.766%	$267K	$25K	5x	as long as short
QFEX ANTHROPIC-USD	−0.0002%	1h	2,107.3	−0.014%	$1.4M	$1.2M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,166.1	+2.778%	$1.9M	$948K	5x	as long as short
Bybit ANTHROPICUSDTshort	0.0000%	8h	2,150.2	+2.024%	$2.4M	$351K	25x
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,164.7	+2.711%	$4.8M	$864K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,154.1	+2.207%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,105.1	−0.116%	$26.0M	$3.0M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,111.8	+0.201%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,107.6	0.000%	$1.6M	$374K	10x	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	2,164	+2.678%	$6.2M	$16.1M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,106.7	−0.039%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,107.5	−0.004%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,107.3	−0.011%	$32.0M	$8.1M	20x	as long as short
MEXC ANTHROPIC_USDTlong	+0.0050%	8h	2,107.6	long leg	$7.8M	$279K	50x
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,110.7	+0.148%	$477K	$20K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,107.2	−0.019%	$2.4M	$681K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,106.9	−0.033%	$10K	$151K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0074%	8h	2,107.7	+0.008%	$269K	$256K	20x	as long as short
Entropy io:ANTH	+0.0082%	1h	2,152.9	+2.151%	$34.9M	$7.6M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,107.4	−0.008%	$10K	$63	10x	as long as short