Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against KuCoin+1.974%7-day average +1.975% · you sell dearer than you buy
Net, funding: paid 7d − costs−$822as in the Funding arb table
Net, price: spread back to 7d avg − costs−$812as in the Price arb table
costs, in and out, $10k−$8128.120% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +1.974%, 7d avg +1.975%
=The price spread sits at its 7-day average of +1.975%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ANTHROPICUSDTM | 2,110.7 | 0.0050 | pay 0.0050% / 8h | 2h 09m | $498K | $25K | 20x |
| Short | Gate ANTHROPIC_USDT | 2,152.4 | 0 | get 0.0000% / 8h | 2h 09m | $2.4M | $1.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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
- −$10.5
- Price spread: +1.974% → +1.975%
- −$0.13
- Slippage, 4 orders
- −$784.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$822.6
- Costs to cover
- 8.120%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 49 min ago; Gate: live order book, 3 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 KuCoin live order book, 49 min ago | 13.79 bp | 452.8 bp −$453 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 6.91 bp | 78.3 bp −$78 | 601.3 bp −$6,013 | 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 | −0.0456% | 8h | 2,107.6 | −0.147% | $42K | $68K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0064% | 1h | 2,118.4 | +0.365% | $267K | $25K | 5x | as long as short |
| QFEX ANTHROPIC-USD | −0.0006% | 1h | 2,107 | −0.176% | $1.4M | $1.2M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,166.5 | +2.642% | $1.9M | $946K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,152.7 | +1.988% | $2.3M | $425K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.8 | +2.562% | $4.8M | $854K | 10x | as long as short |
| Gate ANTHROPIC_USDTshort | 0.0000% | 8h | 2,152.4 | +1.974% | $2.4M | $1.1M | 50x | |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,105.3 | −0.259% | $25.9M | $3.3M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,111 | +0.013% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.2 | −0.122% | $1.6M | $382K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ANTHROPIC-USDT | +0.0020% | 8h | 2,107.6 | −0.148% | $269K | $258K | 20x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,162.5 | +2.453% | $6.3M | $16.3M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,106.6 | −0.197% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,106.9 | −0.181% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,107 | −0.176% | $32.1M | $8.4M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,106.9 | −0.180% | $7.8M | $278K | 50x | as long as short |
| KuCoin ANTHROPICUSDTMlong | +0.0050% | 8h | 2,110.7 | long leg | $498K | $25K | 20x | |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,106.7 | −0.192% | $2.4M | $707K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,106.7 | −0.190% | $10K | $160K | 10x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,107 | −0.178% | $10K | $63 | 10x | as long as short |
| Entropy io:ANTH | +0.0121% | 1h | 2,151.9 | +1.951% | $34.9M | $7.5M | 6x | as long as short |
KuCoin ANTHROPICUSDTM
Gate ANTHROPIC_USDT
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
BloFin ANTHROPIC-USDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp