ANTHROPIC

Alert: funding

Alert: spread

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: OKX against KuCoin+2.515%7-day average +2.334% · you sell dearer than you buy

Net, funding: paid 7d − costs−$645as in the Funding arb table

Net, price: spread back to 7d avg − costs−$617as in the Price arb table

costs, in and out, $10k−$6356.348% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$11 on $10k

Price spread, last 4 days (all we have)−0.335%−$33 · spread now +2.515%, 7d avg +2.334%

Together, before fees−0.440%−$44 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.182% dearer against KuCoin than usual: you sell high and buy low (spread +2.515% now, against its 7-day average of +2.334%): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ANTHROPICUSDTM	2,110.8	0.0050	pay 0.0050% / 8h	5h 23m	$477K	$20K	20x
Short	OKX ANTHROPIC-USDT-SWAP	2,163.9	0	get 0.0000% / 8h	5h 23m	$4.8M	$901K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now +2.515%Rate

Funding earned: −$10.5
Price spread: +2.515% → +2.334%: $18.15
Slippage, 4 orders: −$612.77
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$627.12
Costs to cover: 6.348%
Break-even: never at this rate

Slippage from KuCoin: live order book, 74 min ago; OKX: live order book, 4 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, 74 min ago	8.15 bp	508.9 bp −$509	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.23 bp	13.0 bp −$13	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	−0.0415%	8h	2,102.5	−0.392%	$42K	$67K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0144%	1h	2,123.7	+0.611%	$267K	$25K	5x	as long as short
QFEX ANTHROPIC-USD	−0.0004%	1h	2,102.3	−0.401%	$1.4M	$1.3M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,164.4	+2.539%	$1.9M	$895K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,150	+1.857%	$2.4M	$357K	25x	as long as short
OKX ANTHROPIC-USDT-SWAPshort	0.0000%	8h	2,163.9	+2.515%	$4.8M	$901K	10x
Gate ANTHROPIC_USDT	0.0000%	8h	2,151.3	+1.917%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,101.5	−0.441%	$25.7M	$3.0M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,106.7	−0.195%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,104.3	−0.309%	$1.6M	$374K	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	+0.0025%	8h	2,102.4	−0.398%	$269K	$255K	20x	as long as short
Lighter RH ANTHROPIC	+0.0032%	1h	2,166.1	+2.619%	$6.3M	$16.1M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,102.8	−0.378%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,102.5	−0.395%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,103.4	−0.353%	$31.9M	$8.1M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,102.5	−0.392%	$7.8M	$277K	50x	as long as short
KuCoin ANTHROPICUSDTMlong	+0.0050%	8h	2,110.8	long leg	$477K	$20K	20x
Variational Omni ANTHROPIC	+0.0050%	8h	2,101.8	−0.428%	$2.4M	$679K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,102.1	−0.412%	$10K	$148K	10x	as long as short
Entropy io:ANTH	+0.0089%	1h	2,157.3	+2.202%	$35.1M	$7.5M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,103	−0.368%	$10K	—	10x	as long as short