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: Binance against Bitget+0.057%7-day average +0.303% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$430.435% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 7 days+0.681%+$68 · spread now +0.057%, 7d avg +0.303%
=Funding pays, the price is against you. Binance is 0.246% cheaper against Bitget than usual: you would sell low and buy high (spread +0.057% now, against its 7-day average of +0.303%). If the spread goes back, that is −$25 on $10k: about 16 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ANTHROPICUSDT | 2,105 | 0 | get 0.0000% / 8h | 1h 44m | $25.9M | $3.2M | 20x |
| Short | Binance ANTHROPICUSDT | 2,106.2 | 0.0050 | get 0.0050% / 8h | 1h 44m | $32.1M | $8.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: +0.057% → +0.303%
- −$24.61
- Slippage, 4 orders
- −$21.49
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$57.59
- Costs to cover
- 0.435%
- Break-even
- 45.4 days
Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 12 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 Bitget live order book, 4 min ago | 0.69 bp | 10.3 bp −$10 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.16 bp | 8.2 bp −$8 | 27.2 bp −$272 | 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 | −0.0430% | 8h | 2,107.1 | +0.101% | $42K | $68K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0080% | 1h | 2,120.7 | +0.747% | $267K | $25K | 5x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,167.3 | +2.961% | $1.8M | $900K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,153.5 | +2.305% | $2.3M | $423K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.2 | +2.813% | $4.8M | $850K | 10x | as long as short |
| QFEX ANTHROPIC-USD | 0.0000% | 1h | 2,106.2 | +0.057% | $1.4M | $1.1M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,152.2 | +2.241% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDTlong | 0.0000% | 8h | 2,105 | long leg | $25.9M | $3.2M | 20x | |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,109.9 | +0.234% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,107.5 | +0.120% | $1.6M | $381K | 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 | 2,163.1 | +2.761% | $6.3M | $16.1M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,105.7 | +0.035% | $19K | $22K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0050% | 8h | 2,106.4 | +0.067% | $270K | $258K | 20x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,106.2 | +0.058% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDTshort | +0.0050% | 8h | 2,106.2 | +0.057% | $32.1M | $8.3M | 20x | |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,106.5 | +0.071% | $7.8M | $273K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,110.7 | +0.273% | $498K | $25K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,106.1 | +0.051% | $2.4M | $620K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,107.9 | +0.137% | $10K | $163K | 10x | as long as short |
| Entropy io:ANTH | +0.0094% | 1h | 2,152.5 | +2.258% | $34.9M | $7.5M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,106.7 | +0.082% | $10K | $63 | 10x | as long as short |
Bitget ANTHROPICUSDT
Binance ANTHROPICUSDT
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
BloFin ANTHROPIC-USDT
Aster ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp