Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

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: Phemex against KuCoin−0.460%7-day average −0.259% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on KuCoinShort on Phemex
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$11 on $10k
Price spread, last 3 days (all we have)+0.338%+$34 · spread now −0.460%, 7d avg −0.259%
Together, before fees+0.233%+$23 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 Phemex is 0.200% cheaper against KuCoin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.259%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ANTHROPICUSDTM2,115.90.0050pay 0.0050% / 8h6h 13m$478K$20K20x
ShortPhemex ANTHROPICUSDT2,106.10get 0.0000% / 8h6h 13m$1.6M$373K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
−$10.5
Price spread: −0.460% → −0.259%
−$20.04
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$54.54
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 24 min ago; Phemex: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 24 min ago8.15 bp508.9 bp −$509doesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago2.45 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ANTHROPIC on 20 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−0.0313%8h2,104.2−0.553%$42K$67K20xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,104.5−0.538%$1.4M$1.4M10xas long as short
Lighter ANTHROPIC0.0000%1h2,167.5+2.440%$1.9M$915K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,150.4+1.633%$2.4M$363K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,166.8+2.407%$4.8M$974K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,152.9+1.752%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,102.6−0.630%$25.8M$3.0M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,108.8−0.334%—$2.5M10xas long as short
Phemex ANTHROPICUSDTshort0.0000%8h2,106.1−0.460%$1.6M$373K10x
Lighter RH ANTHROPIC+0.0032%1h2,169.2+2.520%$6.3M$16.5M5xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ANTHROP-USD+0.0048%1h2,104.1−0.557%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,105−0.516%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,104.7−0.526%$31.9M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,104.5−0.537%$7.8M$278K50xas long as short
KuCoin ANTHROPICUSDTMlong+0.0050%8h2,115.9long leg$478K$20K20x
Variational Omni ANTHROPIC+0.0050%8h2,103.7−0.574%$2.4M$671K—as long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,104.8−0.524%$10K$148K10xas long as short
Entropy io:ANTH+0.0084%1h2,161.4+2.152%$35.2M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,104.3−0.548%$10K—10xas long as short
Coinbase International ANTHROPIC-PERP-INTX+0.0104%1h2,123.7+0.371%$267K$26K5xas long as short