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: Bybit against Aster+2.223%7-day average +2.193% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1801.801% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now +2.223%, 7d avg +2.193%
=Together, before fees−0.062%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.030% dearer against Aster than usual: you sell high and buy low (spread +2.223% now, against its 7-day average of +2.193%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ANTHROPICUSDT | 2,104.2 | 0.0050 | pay 0.0050% / 8h | 6h 16m | $122K | $7K | 10x |
| Short | Bybit ANTHROPICUSDT | 2,151 | 0 | get 0.0000% / 8h | 6h 16m | $2.4M | $363K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: +2.223% → +2.193%
- $3
- Slippage, 4 orders
- −$161.14
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$187.64
- Costs to cover
- 1.801%
- Break-even
- never at this rate
Slippage from Aster: live order book, 49 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 49 min ago | 59.96 bp | 64.0 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 10.52 bp | 23.6 bp −$24 | 142.8 bp −$1,428 | doesn't fit | doesn't fit |
ANTHROPIC on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ANTHROPIC-USDT | −0.0341% | 8h | 2,105.8 | +0.074% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,104.3 | +0.002% | $1.4M | $1.4M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,167.6 | +3.012% | $1.9M | $915K | 5x | as long as short |
| Bybit ANTHROPICUSDTshort | 0.0000% | 8h | 2,151 | +2.223% | $2.4M | $363K | 25x | |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,166.7 | +2.969% | $4.8M | $978K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,151.9 | +2.266% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,102.6 | −0.079% | $25.8M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,107.6 | +0.161% | — | $2.5M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,103.3 | −0.046% | $1.6M | $374K | 10x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,169.2 | +3.088% | $6.3M | $16.5M | 5x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,103.7 | −0.023% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDTlong | +0.0050% | 8h | 2,104.2 | long leg | $122K | $7K | 10x | |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,104.3 | +0.003% | $31.9M | $8.2M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,104.3 | +0.004% | $7.8M | $278K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,115.9 | +0.554% | $478K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,104.6 | +0.020% | $2.4M | $669K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,104.9 | +0.032% | $10K | $149K | 10x | as long as short |
| Entropy io:ANTH | +0.0081% | 1h | 2,161.7 | +2.732% | $35.2M | $7.6M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,104.2 | −0.003% | $10K | — | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0104% | 1h | 2,123.7 | +0.926% | $267K | $26K | 5x | as long as short |
Aster ANTHROPICUSDT
Bybit ANTHROPICUSDT
HTX ANTHROPIC-USDT
Lighter ANTHROPIC
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
Coinbase International ANTHROPIC-PERP-INTX