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: OKX against MEXC+2.960%7-day average +2.411% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs+$11as in the Price arb table
costs, in and out, $10k−$440.438% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 7 days−0.397%−$40 · spread now +2.960%, 7d avg +2.411%
=The price spread pays, funding is against you. OKX is 0.550% dearer against MEXC than usual: you sell high and buy low (spread +2.960% now, against its 7-day average of +2.411%): +$55 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 37 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ANTHROPIC_USDT | 2,104.5 | 0.0050 | pay 0.0050% / 8h | 6h 13m | $7.8M | $278K | 50x |
| Short | OKX ANTHROPIC-USDT-SWAP | 2,166.8 | 0 | get 0.0000% / 8h | 6h 13m | $4.8M | $974K | 10x |
MEXC ANTHROPIC_USDT
OKX ANTHROPIC-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against MEXC. 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: +2.960% → +2.411%
- $54.96
- Slippage, 4 orders
- −$33.78
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $0.68
- Costs to cover
- 0.438%
- Break-even
- from the start
Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 4 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, 5 min ago | 0.81 bp | 2.5 bp −$3 | 53.2 bp −$532 | 316.6 bp −$31.7K | 923.2 bp −$461.6K |
| Sell OKX live order book, 4 min ago | 0.46 bp | 25.5 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
ANTHROPIC on 20 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 | −0.0313% | 8h | 2,104.2 | −0.016% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,104.5 | −0.001% | $1.4M | $1.4M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,167.5 | +2.994% | $1.9M | $915K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,150.4 | +2.182% | $2.4M | $363K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAPshort | 0.0000% | 8h | 2,166.8 | +2.960% | $4.8M | $974K | 10x | |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,152.9 | +2.301% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,102.6 | −0.093% | $25.8M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,108.8 | +0.204% | — | $2.5M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,106.1 | +0.078% | $1.6M | $373K | 10x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,169.2 | +3.074% | $6.3M | $16.5M | 5x | as long as short |
HTX ANTHROPIC-USDT
QFEX ANTHROPIC-USD
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPICShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,104.1 | −0.020% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,105 | +0.022% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,104.7 | +0.012% | $31.9M | $8.1M | 20x | as long as short |
| MEXC ANTHROPIC_USDTlong | +0.0050% | 8h | 2,104.5 | long leg | $7.8M | $278K | 50x | |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,115.9 | +0.540% | $478K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,103.7 | −0.037% | $2.4M | $671K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,104.8 | +0.014% | $10K | $148K | 10x | as long as short |
| Entropy io:ANTH | +0.0084% | 1h | 2,161.4 | +2.704% | $35.2M | $7.6M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,104.3 | −0.011% | $10K | — | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0104% | 1h | 2,123.7 | +0.913% | $267K | $26K | 5x | as long as short |
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
Entropy io:ANTH
Aevo ANTHROPIC-PERP
Coinbase International ANTHROPIC-PERP-INTX