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−0.0050%/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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ANTHROPICUSDT2,104.20.0050pay 0.0050% / 8h6h 16m$122K$7K10x
ShortBybit ANTHROPICUSDT2,1510get 0.0000% / 8h6h 16m$2.4M$363K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 49 min ago59.96 bp64.0 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago10.52 bp23.6 bp −$24142.8 bp −$1,428doesn'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−0.0341%8h2,105.8+0.074%$42K$67K20xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,104.3+0.002%$1.4M$1.4M10xas long as short
Lighter ANTHROPIC0.0000%1h2,167.6+3.012%$1.9M$915K5xas long as short
Bybit ANTHROPICUSDTshort0.0000%8h2,151+2.223%$2.4M$363K25x
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,166.7+2.969%$4.8M$978K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,151.9+2.266%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,102.6−0.079%$25.8M$3.0M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,107.6+0.161%$2.5M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,103.3−0.046%$1.6M$374K10xas long as short
Lighter RH ANTHROPIC+0.0032%1h2,169.2+3.088%$6.3M$16.5M5xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ANTHROP-USD+0.0048%1h2,103.7−0.023%$19K$22K10xas long as short
Aster ANTHROPICUSDTlong+0.0050%8h2,104.2long leg$122K$7K10x
Binance ANTHROPICUSDT+0.0050%8h2,104.3+0.003%$31.9M$8.2M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,104.3+0.004%$7.8M$278K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,115.9+0.554%$478K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,104.6+0.020%$2.4M$669Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,104.9+0.032%$10K$149K10xas long as short
Entropy io:ANTH+0.0081%1h2,161.7+2.732%$35.2M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,104.2−0.003%$10K10xas long as short
Coinbase International ANTHROPIC-PERP-INTX+0.0104%1h2,123.7+0.926%$267K$26K5xas long as short