Funding you earn now, next payment 19:00 UTC+0.0066%/8hpaid last 24h −0.065%
Price spread now: Binance against Coinbase International−0.557%7-day average −0.266% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$800.798% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 1 day (all we have)+0.419%+$42 · spread now −0.557%, 7d avg −0.266%
=Funding pays, the price is against you. Binance is 0.291% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.557% now, against its 7-day average of −0.266%). If the spread goes back, that is −$29 on $10k: about 15 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.064% in total) that is about 32 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ANTHROPIC-PERP-INTX | 2,129.2 | −0.0016 | get 0.0002% / 1h | 22m 34s | $268K | $27K | 5x |
| Short | Binance ANTHROPICUSDT | 2,117.3 | 0.0050 | get 0.0050% / 8h | 4h 22m | $32.1M | $7.6M | 20x |
Coinbase International ANTHROPIC-PERP-INTX
Binance ANTHROPICUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $13.86
- Price spread: −0.557% → −0.266%
- −$29.09
- Slippage, 4 orders
- −$59.81
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$95.05
- Costs to cover
- 0.798%
- Break-even
- 55.0 days
Slippage from Coinbase International: live order book, 9 min ago; Binance: live order book, 6 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 Coinbase International live order book, 9 min ago | 24.01 bp | 29.1 bp −$29 | 52.4 bp −$524 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.97 bp | 7.4 bp −$7 | 43.6 bp −$436 | 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 | −0.0224% | 8h | 2,119.2 | −0.470% | $42K | $70K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTXlong | −0.0016% | 1h | 2,129.2 | long leg | $268K | $27K | 5x | |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,187.5 | +2.738% | $1.9M | $678K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,164.6 | +1.660% | $2.4M | $308K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,177.4 | +2.263% | $4.8M | $1.1M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,164 | +1.635% | $2.5M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,115.9 | −0.624% | $26.1M | $2.7M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,121.2 | −0.376% | — | $2.6M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,117.9 | −0.531% | $1.6M | $355K | 10x | as long as short |
| QFEX ANTHROPIC-USD | +0.0009% | 1h | 2,117.4 | −0.556% | $1.4M | $1.4M | 10x | as long as short |
HTX ANTHROPIC-USDT
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
QFEX ANTHROPIC-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,186.7 | +2.700% | $6.2M | $16.9M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,117.2 | −0.563% | $19K | $38K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,117.5 | −0.548% | $122K | $5K | 10x | as long as short |
| Binance ANTHROPICUSDTshort | +0.0050% | 8h | 2,117.3 | −0.557% | $32.1M | $7.6M | 20x | |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,117.3 | −0.558% | $7.8M | $273K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,129.4 | +0.008% | $479K | $14K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,118.9 | −0.484% | $2.3M | $518K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,120 | −0.430% | $10K | $151K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0060% | 8h | 2,117.5 | −0.549% | $272K | $260K | 20x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,118.1 | −0.522% | $10K | — | 10x | as long as short |
| Entropy io:ANTH | +0.0111% | 1h | 2,177.6 | +2.273% | $35.2M | $7.2M | 6x | as long as short |
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT
Aevo ANTHROPIC-PERP
Entropy io:ANTH