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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h 0.000%
Price spread now: Bybit against QFEX+2.257%7-day average +2.098% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$590.592% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.002%$0 on $10k
Price spread, last 7 days−0.404%−$40 · spread now +2.257%, 7d avg +2.098%
Together, before fees−0.401%−$40 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: Bybit is 0.159% dearer against QFEX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +2.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ANTHROPIC-USD2,113.6−0.0002get 0.0000% / 1h12m 20s$1.4M$1.5M10x
ShortBybit ANTHROPICUSDT2,161.30get 0.0000% / 8h12m 20s$2.4M$381K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against QFEX. 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
$0.39
Price spread: +2.257% → +2.098%
$15.91
Slippage, 4 orders
−$38.24
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$42.94
Costs to cover
0.592%
Break-even
785.0 days
Slippage from QFEX: live order book, 4 min ago; Bybit: live order book, 5 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 QFEX live order book, 4 min ago1.61 bp8.7 bp −$918.3 bp −$183doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago10.35 bp20.1 bp −$20146.8 bp −$1,468doesn'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
Coinbase International ANTHROPIC-PERP-INTX−0.0376%1h2,123.7+0.479%$267K$26K5xas long as short
HTX ANTHROPIC-USDT−0.0279%8h2,116.4+0.131%$42K$70K20xas long as short
QFEX ANTHROPIC-USDlong−0.0002%1h2,113.6long leg$1.4M$1.5M10x
Lighter ANTHROPIC0.0000%1h2,172.8+2.802%$1.9M$862K5xas long as short
Bybit ANTHROPICUSDTshort0.0000%8h2,161.3+2.257%$2.4M$381K25x
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,174.1+2.863%$4.8M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,160.8+2.236%$2.5M$1.2M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,109.4−0.200%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,114.1+0.025%$2.6M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,114+0.021%$1.6M$377K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,174+2.859%$6.3M$17.3M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,113.2−0.019%$19K$38K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,113.7+0.006%$123K$7K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,113.8+0.008%$32.0M$8.3M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,113.6−0.001%$7.8M$280K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,120.1+0.307%$478K$21K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,108−0.264%$2.3M$515Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,107.7−0.277%$10K$157K10xas long as short
BloFin ANTHROPIC-USDT+0.0074%8h2,113.2−0.019%$268K$260K20xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,111.8−0.085%$10K10xas long as short
Entropy io:ANTH+0.0121%1h2,162+2.291%$35.2M$7.7M6xas long as short