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: Bybit against MEXC+2.200%7-day average +2.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$450.445% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.598%−$60 · spread now +2.200%, 7d avg +2.076%

Together, before fees−0.703%−$70 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.124% dearer against MEXC than usual: you sell high and buy low (spread +2.200% now, against its 7-day average of +2.076%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ANTHROPIC_USDT	2,104.8	0.0050	pay 0.0050% / 8h	3h 40m	$7.8M	$276K	50x
Short	Bybit ANTHROPICUSDT	2,151.1	0	get 0.0000% / 8h	3h 40m	$2.4M	$352K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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 MEXCbpFee BybitbpOrdersPrice spread, now +2.200%Rate

Funding earned: −$10.5
Price spread: +2.200% → +2.076%: $12.4
Slippage, 4 orders: −$33.54
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$42.64
Costs to cover: 0.445%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 1 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 MEXC live order book, 2 min ago	1.21 bp	2.0 bp −$2	61.6 bp −$616	500.3 bp −$50.0K	doesn't fit
Sell Bybit live order book, 1 min ago	12.15 bp	21.2 bp −$21	91.4 bp −$914	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	−0.0447%	8h	2,106	+0.057%	$42K	$67K	20x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,166.4	+2.926%	$1.8M	$946K	5x	as long as short
Bybit ANTHROPICUSDTshort	0.0000%	8h	2,151.1	+2.200%	$2.4M	$352K	25x
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,164.8	+2.850%	$4.8M	$875K	10x	as long as short
QFEX ANTHROPIC-USD	0.0000%	1h	2,105	+0.008%	$1.4M	$1.2M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,153	+2.289%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,103.8	−0.048%	$25.9M	$3.1M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,108.4	+0.170%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,105.8	+0.045%	$1.6M	$376K	10x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	+0.0008%	1h	2,123.7	+0.897%	$267K	$25K	5x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ANTHROPIC	+0.0032%	1h	2,161.1	+2.674%	$6.2M	$15.8M	5x	as long as short
BloFin ANTHROPIC-USDT	+0.0044%	8h	2,105	+0.009%	$269K	$256K	20x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,104.3	−0.025%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,104.9	+0.001%	$121K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,104.8	+0.001%	$32.0M	$8.1M	20x	as long as short
MEXC ANTHROPIC_USDTlong	+0.0050%	8h	2,104.8	long leg	$7.8M	$276K	50x
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,110.7	+0.278%	$477K	$20K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,104.8	−0.003%	$2.4M	$689K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,105.9	+0.050%	$10K	$154K	10x	as long as short
Entropy io:ANTH	+0.0059%	1h	2,149.9	+2.142%	$34.8M	$7.7M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,104.8	−0.002%	$10K	$63	10x	as long as short