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−0.0054%/8h= −5.9% APRpaid last 24h −0.036%
Price spread now: Aster against Coinbase International−0.381%7-day average −0.241% · you buy dearer than you sell
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2472.471% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.075%+$8 on $10k
Price spread, last 4 days (all we have)−0.816%−$82 · spread now −0.381%, 7d avg −0.241%
Together, before fees−0.741%+ Points / potential airdropAster: Stage 5 · farm board−$74 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.140% cheaper against Coinbase International than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.241%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.075%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ANTHROPIC-PERP-INTX2,117.90.0104pay 0.0013% / 1h16m 47s$267K$26K5x
ShortAster ANTHROPICUSDT2,109.90.0050get 0.0050% / 8h7h 16m$122K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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
−$11.34
Price spread: −0.381% → −0.241%
−$13.96
Slippage, 4 orders
−$229.09
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$272.4
Costs to cover
2.471%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 16 min ago; Aster: live order book, 14 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 Coinbase International live order book, 16 min ago23.09 bp38.7 bp −$3958.0 bp −$580doesn't fitdoesn't fit
Sell Aster live order book, 14 min ago59.53 bp64.0 bp −$6465.4 bp −$654doesn'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−0.0385%8h2,110.5−0.352%$42K$69K20xas long as short
QFEX ANTHROPIC-USD−0.0004%1h2,109.2−0.411%$1.4M$1.1M10xas long as short
Lighter ANTHROPIC0.0000%1h2,169+2.411%$1.9M$878K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,150.9+1.558%$2.3M$423K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,167.2+2.326%$4.8M$805K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,156.9+1.838%$2.4M$1.0M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,107.7−0.485%$26.0M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,113.9−0.191%$2.2M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,111−0.326%$1.6M$379K10xas long as short
Lighter RH ANTHROPIC+0.0032%1h2,164.6+2.203%$6.4M$16.6M5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ANTHROP-USD+0.0048%1h2,109.5−0.397%$19K$3K10xas long as short
Aster ANTHROPICUSDTshort+0.0050%8h2,109.9−0.381%$122K$6K10x
Binance ANTHROPICUSDT+0.0050%8h2,110.1−0.372%$32.1M$8.2M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,109.8−0.382%$7.8M$273K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,117.3−0.031%$499K$92K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,109.2−0.415%$2.3M$650Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,107.6−0.487%$10K$173K10xas long as short
BloFin ANTHROPIC-USDT+0.0072%8h2,109.8−0.384%$272K$259K20xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,109.1−0.419%$10K$6310xas long as short
Coinbase International ANTHROPIC-PERP-INTXlong+0.0104%1h2,117.9long leg$267K$26K5x
Entropy io:ANTH+0.0105%1h2,153.6+1.684%$35.1M$7.4M6xas long as short