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+0.0104%/8h= +11.4% APRpaid last 24h +0.051%
Price spread now: Coinbase International against Phemex+0.368%7-day average +0.298% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 4 days (all we have)+0.792%+$79 · spread now +0.368%, 7d avg +0.298%
Together, before fees+0.822%+$82 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.070% dearer against Phemex than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.298%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ANTHROPICUSDT2,110.20get 0.0000% / 8h7h 19m$1.6M$380K10x
ShortCoinbase International ANTHROPIC-PERP-INTX2,117.90.0104get 0.0013% / 1h19m 44s$267K$28K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Phemex. 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
$21.84
Price spread: +0.368% → +0.298%
$7.02
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$6.86
Costs to cover
0.220%
Break-even
4.8 days
Slippage unknown: Phemex: live order book, 3 min ago; Coinbase International: live order book, 13 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 3 min ago1.90 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 13 min ago23.09 bp28.1 bp −$2848.8 bp −$488doesn'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−0.0390%8h2,114.4+0.200%$42K$69K20xas long as short
QFEX ANTHROPIC-USD−0.0004%1h2,109.2−0.047%$1.4M$1.1M10xas long as short
Lighter ANTHROPIC0.0000%1h2,169.3+2.802%$1.9M$878K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,151.7+1.969%$2.3M$423K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,167.2+2.703%$4.8M$809K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,155+2.124%$2.4M$1.0M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,107.3−0.138%$26.0M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,113.9+0.177%$2.2M10xas long as short
Phemex ANTHROPICUSDTlong0.0000%8h2,110.2long leg$1.6M$380K10x
BloFin ANTHROPIC-USDT+0.0031%8h2,109.7−0.022%$273K$260K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,164.6+2.579%$6.4M$16.5M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,109−0.057%$19K$3K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,109.4−0.039%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,109.5−0.033%$32.1M$8.2M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,109.5−0.031%$7.8M$273K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,117+0.323%$499K$88K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,109.2−0.048%$2.3M$650Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,107.5−0.126%$10K$173K10xas long as short
Entropy io:ANTH+0.0104%1h2,153.4+2.049%$35.1M$7.4M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,109−0.058%$10K$6310xas long as short
Coinbase International ANTHROPIC-PERP-INTXshort+0.0104%1h2,117.9+0.368%$267K$28K5x