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: KuCoin against OKX−2.365%7-day average −2.344% · you buy dearer than you sell
Net, funding: paid 7d − costs−$704as in the Funding arb table
Net, price: spread back to 7d avg − costs−$717as in the Price arb table
costs, in and out, $10k−$7157.150% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now −2.365%, 7d avg −2.344%
=Funding pays, the price is against you. KuCoin is 0.021% cheaper against OKX than usual: you would sell low and buy high (spread −2.365% now, against its 7-day average of −2.344%). If the spread goes back, that is −$2 on $10k: about 34 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ANTHROPIC-USDT-SWAP | 2,165.4 | 0 | get 0.0000% / 8h | 31m 17s | $4.8M | $852K | 10x |
| Short | KuCoin ANTHROPICUSDTM | 2,114.2 | 0.0050 | get 0.0050% / 8h | 31m 17s | $499K | $26K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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: −2.365% → −2.344%
- −$2.09
- Slippage, 4 orders
- −$692.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$706.59
- Costs to cover
- 7.150%
- Break-even
- 478.1 days
Slippage from OKX: live order book, 1 min ago; KuCoin: 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 OKX live order book, 1 min ago | 0.69 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 11.32 bp | 145.8 bp −$146 | doesn't fit | 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 | −0.0425% | 8h | 2,109.3 | −2.591% | $42K | $69K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,108.1 | −2.646% | $1.4M | $1.1M | 10x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,153.8 | −0.534% | $2.3M | $422K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAPlong | 0.0000% | 8h | 2,165.4 | long leg | $4.8M | $852K | 10x | |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,154.6 | −0.498% | $2.4M | $1.0M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,105.2 | −2.780% | $25.9M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,112.2 | −2.457% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.5 | −2.630% | $1.6M | $382K | 10x | as long as short |
| Lighter ANTHROPIC | +0.0008% | 1h | 2,172.7 | +0.337% | $1.9M | $877K | 5x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0030% | 8h | 2,108.2 | −2.642% | $270K | $258K | 20x | 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 | 2,170.1 | +0.217% | $6.5M | $16.4M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,107.6 | −2.667% | $19K | $5K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,108.3 | −2.639% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,108.2 | −2.641% | $32.1M | $8.3M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,108.2 | −2.640% | $7.8M | $270K | 50x | as long as short |
| KuCoin ANTHROPICUSDTMshort | +0.0050% | 8h | 2,114.2 | −2.365% | $499K | $26K | 20x | |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,107.9 | −2.657% | $2.3M | $655K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,108 | −2.649% | $10K | $167K | 10x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,108.1 | −2.645% | $10K | $63 | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0128% | 1h | 2,120.7 | −2.064% | $267K | $25K | 5x | as long as short |
| Entropy io:ANTH | +0.0131% | 1h | 2,156.8 | −0.397% | $35.0M | $7.5M | 6x | as long as short |
OKX ANTHROPIC-USDT-SWAP
KuCoin ANTHROPICUSDTM
HTX ANTHROPIC-USDT
Bybit ANTHROPICUSDT
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter ANTHROPIC
BloFin ANTHROPIC-USDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
Coinbase International ANTHROPIC-PERP-INTX