Funding you earn now, next payment 05:00 UTC+0.0114%/8h= +12.5% APRpaid last 24h −0.041%
Price spread now: KuCoin against Coinbase International−0.363%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$660as in the Funding arb table
Net, price: spread back to 7d avg − costs−$702as in the Price arb table
costs, in and out, $10k−$6686.683% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.281%−$28 · spread now −0.363%, 7d avg −0.024%
=Funding pays, the price is against you. KuCoin is 0.339% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.363% now, against its 7-day average of −0.024%). If the spread goes back, that is −$34 on $10k: about 9.9 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.086% in total) that is about 28 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ANTHROPIC-PERP-INTX | 2,118.4 | −0.0064 | get 0.0008% / 1h | 7m 33s | $267K | $25K | 5x |
| Short | KuCoin ANTHROPICUSDTM | 2,110.7 | 0.0050 | get 0.0050% / 8h | 2h 07m | $498K | $25K | 20x |
Coinbase International ANTHROPIC-PERP-INTX
KuCoin ANTHROPICUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $23.94
- Price spread: −0.363% → −0.024%
- −$33.95
- Slippage, 4 orders
- −$646.25
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$678.26
- Costs to cover
- 6.683%
- Break-even
- 205.3 days
Slippage from Coinbase International: live order book, 40 min ago; KuCoin: live order book, 51 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, 40 min ago | 27.16 bp | 39.4 bp −$39 | 63.2 bp −$632 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 51 min ago | 13.79 bp | 143.9 bp −$144 | 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 | −0.0457% | 8h | 2,107.6 | −0.512% | $42K | $68K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTXlong | −0.0064% | 1h | 2,118.4 | long leg | $267K | $25K | 5x | |
| QFEX ANTHROPIC-USD | −0.0006% | 1h | 2,107.6 | −0.513% | $1.4M | $1.2M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,166.8 | +2.283% | $1.9M | $946K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,153.1 | +1.637% | $2.3M | $425K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,166.3 | +2.260% | $4.8M | $857K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,153.3 | +1.645% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,106 | −0.585% | $25.9M | $3.3M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,112.3 | −0.289% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.1 | −0.488% | $1.6M | $382K | 10x | as long as short |
HTX ANTHROPIC-USDT
QFEX ANTHROPIC-USD
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,162.5 | +2.080% | $6.3M | $16.4M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,107.2 | −0.530% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,107.8 | −0.504% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,107.8 | −0.502% | $32.1M | $8.4M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,107.7 | −0.508% | $7.8M | $278K | 50x | as long as short |
| KuCoin ANTHROPICUSDTMshort | +0.0050% | 8h | 2,110.7 | −0.363% | $498K | $25K | 20x | |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,106.7 | −0.555% | $2.4M | $707K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,106.7 | −0.553% | $10K | $160K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0062% | 8h | 2,107.6 | −0.512% | $268K | $258K | 20x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,107.2 | −0.531% | $10K | $63 | 10x | as long as short |
| Entropy io:ANTH | +0.0121% | 1h | 2,152 | +1.585% | $34.9M | $7.5M | 6x | as long as short |
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT
Aevo ANTHROPIC-PERP
Entropy io:ANTH