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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h 0.000%
Price spread now: QFEX against OKX−2.669%7-day average −2.444% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$400.404% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.003%$0 on $10k
Price spread, last 7 days+0.071%+$7 · spread now −2.669%, 7d avg −2.444%
Together, before fees+0.069%+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.225% cheaper against OKX than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −2.444%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ANTHROPIC-USDT-SWAP2,164.70get 0.0000% / 8h4h 34m$4.8M$867K10x
ShortQFEX ANTHROPIC-USD2,106.9−0.0002pay 0.0000% / 1h34m 45s$1.4M$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$0.44
Price spread: −2.669% → −2.444%
−$22.52
Slippage, 4 orders
−$20.38
Fee OKX: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$63.34
Costs to cover
0.404%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; QFEX: 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, 3 min ago0.23 bp19.1 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 2 min ago0.97 bp6.0 bp −$69.9 bp −$99doesn'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−0.0418%8h2,107.8−2.629%$42K$67K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0280%1h2,123.7−1.894%$267K$25K5xas long as short
QFEX ANTHROPIC-USDshort−0.0002%1h2,106.9−2.669%$1.4M$1.3M10x
Lighter ANTHROPIC0.0000%1h2,165.9+0.055%$1.9M$928K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,150.2−0.669%$2.4M$351K25xas long as short
OKX ANTHROPIC-USDT-SWAPlong0.0000%8h2,164.7long leg$4.8M$867K10x
Gate ANTHROPIC_USDT0.0000%8h2,153.7−0.510%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,104.6−2.776%$26.0M$3.1M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,110.9−2.485%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.6−2.593%$1.6M$378K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,165.6+0.042%$6.2M$15.8M5xas long as short
BloFin ANTHROPIC-USDT+0.0043%8h2,107.3−2.654%$269K$256K20xas long as short
Extended ANTHROP-USD+0.0048%1h2,106.7−2.678%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,107.4−2.648%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,107.2−2.654%$32.0M$8.2M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.3−2.654%$7.8M$277K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7−2.495%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,106.9−2.669%$2.4M$681Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,106−2.710%$10K$150K10xas long as short
Entropy io:ANTH+0.0080%1h2,153.9−0.499%$35.0M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,107.2−2.654%$10K$6310xas long as short