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Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets
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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Phemex+2.256%7-day average +2.202% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on PhemexShort on Gate
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.067%−$7 · spread now +2.256%, 7d avg +2.202%
Together, before fees−0.067%−$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: Gate is 0.054% dearer against Phemex than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +2.202%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ANTHROPICUSDT2,1060get 0.0000% / 8h6h 13m$1.6M$373K10x
ShortGate ANTHROPIC_USDT2,153.50get 0.0000% / 8h6h 13m$2.4M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: +2.256% → +2.202%
$5.44
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$21.56
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago2.45 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago8.73 bp86.9 bp −$87610.7 bp −$6,107doesn't fitdoesn't fit

ANTHROPIC on 20 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−0.0308%8h2,106+0.001%$42K$67K20xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,104−0.094%$1.4M$1.4M10xas long as short
Lighter ANTHROPIC0.0000%1h2,167.5+2.922%$1.9M$915K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,151.3+2.152%$2.4M$363K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,166.8+2.889%$4.8M$975K10xas long as short
Gate ANTHROPIC_USDTshort0.0000%8h2,153.5+2.256%$2.4M$1.1M50x
Bitget ANTHROPICUSDT0.0000%8h2,103.4−0.122%$25.8M$3.0M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,108.7+0.130%—$2.5M10xas long as short
Phemex ANTHROPICUSDTlong0.0000%8h2,106long leg$1.6M$373K10x
Lighter RH ANTHROPIC+0.0032%1h2,169.2+3.003%$6.3M$16.5M5xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ANTHROP-USD+0.0048%1h2,103.8−0.100%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,104.6−0.066%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,104.4−0.075%$31.9M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,105.4−0.026%$7.8M$278K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,115.9+0.471%$478K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,103.7−0.106%$2.4M$671K—as long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,104.9−0.050%$10K$149K10xas long as short
Entropy io:ANTH+0.0082%1h2,161.4+2.633%$35.2M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,104.3−0.079%$10K—10xas long as short
Coinbase International ANTHROPIC-PERP-INTX+0.0104%1h2,123.7+0.843%$267K$26K5xas long as short