Settings8H · net · $10k
Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
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: 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.343%+$34 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ANTHROPIC-USDT-SWAP2,165.40get 0.0000% / 8h31m 17s$4.8M$852K10x
ShortKuCoin ANTHROPICUSDTM2,114.20.0050get 0.0050% / 8h31m 17s$499K$26K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago0.69 bp22.8 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago11.32 bp145.8 bp −$146doesn't fitdoesn't fitdoesn't fit

ANTHROPIC on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ANTHROPIC-USDT−0.0425%8h2,109.3−2.591%$42K$69K20xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,108.1−2.646%$1.4M$1.1M10xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,153.8−0.534%$2.3M$422K25xas long as short
OKX ANTHROPIC-USDT-SWAPlong0.0000%8h2,165.4long leg$4.8M$852K10x
Gate ANTHROPIC_USDT0.0000%8h2,154.6−0.498%$2.4M$1.0M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,105.2−2.780%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,112.2−2.457%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.5−2.630%$1.6M$382K10xas long as short
Lighter ANTHROPIC+0.0008%1h2,172.7+0.337%$1.9M$877K5xas long as short
BloFin ANTHROPIC-USDT+0.0030%8h2,108.2−2.642%$270K$258K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,170.1+0.217%$6.5M$16.4M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,107.6−2.667%$19K$5K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,108.3−2.639%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,108.2−2.641%$32.1M$8.3M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,108.2−2.640%$7.8M$270K50xas long as short
KuCoin ANTHROPICUSDTMshort+0.0050%8h2,114.2−2.365%$499K$26K20x
Variational Omni ANTHROPIC+0.0050%8h2,107.9−2.657%$2.3M$655Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,108−2.649%$10K$167K10xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,108.1−2.645%$10K$6310xas long as short
Coinbase International ANTHROPIC-PERP-INTX+0.0128%1h2,120.7−2.064%$267K$25K5xas long as short
Entropy io:ANTH+0.0131%1h2,156.8−0.397%$35.0M$7.5M6xas long as short