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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 07:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.052%
Price spread now: Coinbase International against Bitget+0.758%7-day average +0.489% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$1011.008% of the position
Long on BitgetShort on Coinbase International
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 4 days (all we have)+0.296%+$30 · spread now +0.758%, 7d avg +0.489%
Together, before fees+0.317%+$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.269% dearer against Bitget than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.489%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ANTHROPICUSDT2,104.80get 0.0000% / 8h55m 08s$25.9M$3.2M20x
ShortCoinbase International ANTHROPIC-PERP-INTX2,120.70.0128get 0.0016% / 1h55m 08s$267K$25K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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
$26.88
Price spread: +0.758% → +0.489%
$26.93
Slippage, 4 orders
−$78.76
Fee Bitget: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$46.95
Costs to cover
1.008%
Break-even
19.2 days
Slippage from Bitget: live order book, 4 min ago; Coinbase International: live order book, 48 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 Bitget live order book, 4 min ago0.52 bp9.9 bp −$1011.5 bp −$115doesn't fitdoesn't fit
Sell Coinbase International live order book, 48 min ago34.53 bp39.5 bp −$4057.1 bp −$571doesn'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
HTX ANTHROPIC-USDT−0.0432%8h2,107.6+0.135%$42K$69K20xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,106.9+0.100%$1.4M$1.1M10xas long as short
Lighter ANTHROPIC0.0000%1h2,170.1+3.105%$1.9M$876K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,154.1+2.345%$2.3M$422K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,166.7+2.943%$4.8M$854K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,153.4+2.311%$2.4M$1.0M50xas long as short
Bitget ANTHROPICUSDTlong0.0000%8h2,104.8long leg$25.9M$3.2M20x
SunX ANTHROPIC-USDT0.0000%8h2,111.2+0.306%—$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,107.1+0.112%$1.6M$384K10xas long as short
Lighter RH ANTHROPIC+0.0032%1h2,167.2+2.967%$6.4M$16.2M5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ANTHROP-USD+0.0048%1h2,106.3+0.071%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,106.5+0.085%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,106.9+0.100%$32.1M$8.3M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.1+0.111%$7.8M$268K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,112+0.345%$499K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,106.7+0.093%$2.3M$655K—as long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,108.3+0.167%$10K$166K10xas long as short
BloFin ANTHROPIC-USDT+0.0073%8h2,107.3+0.120%$270K$260K20xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,106.8+0.099%$10K$6310xas long as short
Coinbase International ANTHROPIC-PERP-INTXshort+0.0128%1h2,120.7+0.758%$267K$25K5x
Entropy io:ANTH+0.0136%1h2,154.6+2.368%$35.0M$7.6M6xas long as short