ANTHROPIC

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: Bitget against Binance−0.048%7-day average −0.318% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$540.535% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$11 on $10k

Price spread, last 7 days−0.668%−$67 · spread now −0.048%, 7d avg −0.318%

Together, before fees−0.773%−$77 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.270% dearer against Binance than usual: you sell high and buy low (spread −0.048% now, against its 7-day average of −0.318%): +$27 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 18 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ANTHROPICUSDT	2,102.2	0.0050	pay 0.0050% / 8h	5h 26m	$31.9M	$8.1M	20x
Short	Bitget ANTHROPICUSDT	2,101.2	0	get 0.0000% / 8h	5h 26m	$25.7M	$3.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now −0.048%Rate

Funding earned: −$10.5
Price spread: −0.048% → −0.318%: $26.98
Slippage, 4 orders: −$31.51
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$37.03
Costs to cover: 0.535%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 2 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 Binance live order book, 15 min ago	1.43 bp	18.6 bp −$19	45.2 bp −$452	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	0.02 bp	10.4 bp −$10	37.9 bp −$379	doesn't fit	doesn't fit

ANTHROPIC on 21 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	−0.0401%	8h	2,103	+0.040%	$42K	$67K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0144%	1h	2,123.7	+1.024%	$267K	$25K	5x	as long as short
QFEX ANTHROPIC-USD	−0.0004%	1h	2,102.2	0.000%	$1.4M	$1.3M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,164.4	+2.960%	$1.9M	$893K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,150	+2.275%	$2.4M	$357K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,163.9	+2.936%	$4.8M	$901K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,150.9	+2.317%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDTshort	0.0000%	8h	2,101.2	−0.048%	$25.7M	$3.0M	20x
SunX ANTHROPIC-USDT	0.0000%	8h	2,105.8	+0.172%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,102.7	+0.027%	$1.5M	$374K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ANTHROPIC	+0.0032%	1h	2,166.1	+3.041%	$6.3M	$16.1M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,101.5	−0.031%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,102.3	+0.004%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDTlong	+0.0050%	8h	2,102.2	long leg	$31.9M	$8.1M	20x
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,102.3	+0.007%	$7.8M	$277K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,112.7	+0.502%	$477K	$20K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,101.9	−0.011%	$2.4M	$679K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,101.9	−0.013%	$10K	$148K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0067%	8h	2,102	−0.007%	$269K	$255K	20x	as long as short
Entropy io:ANTH	+0.0090%	1h	2,157.7	+2.641%	$35.1M	$7.5M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,101.8	−0.017%	$10K	—	10x	as long as short