Funding you earn now, next payment 02:00 UTC+0.0075%/8h= +8.2% APRpaid last 24h +0.043%
Price spread now: Entropy against Bybit+0.591%7-day average +1.319% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1191.195% of the position
Funding, last 7 days+0.369%+$37 on $10k
+Price spread, last 7 days+1.253%+$125 · spread now +0.591%, 7d avg +1.319%
=Funding pays, the price is against you. Entropy is 0.728% cheaper against Bybit than usual: you would sell low and buy high (spread +0.591% now, against its 7-day average of +1.319%). If the spread goes back, that is −$73 on $10k: about 32 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.369% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ANTHROPICUSDT | 2,150.6 | 0 | get 0.0000% / 8h | 6h 34m | $2.4M | $362K | 25x |
| Short | Entropy io:ANTH | 2,163.3 | 0.0075 | get 0.0009% / 1h | 34m 46s | $35.2M | $7.6M | 6x |
Bybit ANTHROPICUSDT
Entropy io:ANTHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Bybit. 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
- $15.74
- Price spread: +0.591% → +1.319%
- −$72.76
- Slippage, 4 orders
- −$90.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$176.5
- Costs to cover
- 1.195%
- Break-even
- 85.5 days
Slippage from Bybit: live order book, 2 min ago; Entropy: live order book, 1 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 Bybit live order book, 2 min ago | 9.39 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Entropy live order book, 1 min ago | 0.46 bp | 13.6 bp −$14 | doesn't fit | 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 | −0.0323% | 8h | 2,104.1 | −2.161% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,102.2 | −2.250% | $1.4M | $1.4M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,168.2 | +0.819% | $1.9M | $915K | 5x | as long as short |
| Bybit ANTHROPICUSDTlong | 0.0000% | 8h | 2,150.6 | long leg | $2.4M | $362K | 25x | |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,166 | +0.717% | $4.8M | $978K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,152.1 | +0.069% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,101.7 | −2.274% | $25.8M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,106.3 | −2.059% | — | $2.5M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,103.5 | −2.191% | $1.6M | $375K | 10x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,169.6 | +0.884% | $6.3M | $16.4M | 5x | as long as short |
HTX ANTHROPIC-USDT
QFEX ANTHROPIC-USD
Lighter ANTHROPIC
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPICShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,102.2 | −2.250% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,102.5 | −2.234% | $121K | $7K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,102.7 | −2.226% | $31.9M | $8.2M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,103.6 | −2.184% | $7.8M | $277K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,118 | −1.517% | $478K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,101.9 | −2.263% | $2.4M | $669K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,106.9 | −2.033% | $10K | $149K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0058% | 8h | 2,107.4 | −2.009% | $270K | $257K | 20x | as long as short |
| Entropy io:ANTHshort | +0.0075% | 1h | 2,163.3 | +0.591% | $35.2M | $7.6M | 6x | |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,102 | −2.258% | $10K | — | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0104% | 1h | 2,123.7 | −1.250% | $267K | $26K | 5x | as long as short |
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT
Aevo ANTHROPIC-PERP
Coinbase International ANTHROPIC-PERP-INTX