Funding you earn now, next payment 05:00 UTC−0.0114%/8h= −12.5% APRpaid last 24h +0.041%
Price spread now: Coinbase International against MEXC+0.547%7-day average +0.332% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$750.752% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 4 days (all we have)+0.345%+$34 · spread now +0.547%, 7d avg +0.332%
=The price spread pays, funding is against you. Coinbase International is 0.215% dearer against MEXC than usual: you sell high and buy low (spread +0.547% now, against its 7-day average of +0.332%): +$22 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.3 days. At the pace of the last 7 days (−0.086% in total) that is about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ANTHROPIC_USDT | 2,106.9 | 0.0050 | pay 0.0050% / 8h | 2h 09m | $7.8M | $278K | 50x |
| Short | Coinbase International ANTHROPIC-PERP-INTX | 2,118.4 | −0.0064 | pay 0.0008% / 1h | 9m 57s | $267K | $25K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against MEXC. 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: +0.547% → +0.332%
- $21.52
- Slippage, 4 orders
- −$65.25
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$77.67
- Costs to cover
- 0.752%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Coinbase International: live order book, 38 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, 3 min ago | 1.02 bp | 1.9 bp −$2 | 73.6 bp −$736 | 470.7 bp −$47.1K | 1493.9 bp −$746.9K |
| Sell Coinbase International live order book, 38 min ago | 27.16 bp | 32.2 bp −$32 | 55.3 bp −$553 | 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 | +0.035% | $42K | $68K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTXshort | −0.0064% | 1h | 2,118.4 | +0.547% | $267K | $25K | 5x | |
| QFEX ANTHROPIC-USD | −0.0006% | 1h | 2,107.2 | +0.013% | $1.4M | $1.2M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,166.6 | +2.834% | $1.9M | $946K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,152.8 | +2.176% | $2.3M | $425K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.8 | +2.748% | $4.8M | $857K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,152.9 | +2.184% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,105.3 | −0.078% | $25.9M | $3.3M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,111 | +0.195% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.2 | +0.060% | $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 | +0.034% | $269K | $258K | 20x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,162.5 | +2.639% | $6.3M | $16.3M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,106.3 | −0.027% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,106.8 | −0.003% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,106.9 | +0.001% | $32.1M | $8.4M | 20x | as long as short |
| MEXC ANTHROPIC_USDTlong | +0.0050% | 8h | 2,106.9 | long leg | $7.8M | $278K | 50x | |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,110.7 | +0.182% | $498K | $25K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,106.7 | −0.010% | $2.4M | $707K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,105.5 | −0.068% | $10K | $160K | 10x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,107 | +0.003% | $10K | $63 | 10x | as long as short |
| Entropy io:ANTH | +0.0121% | 1h | 2,151.9 | +2.136% | $34.9M | $7.8M | 6x | as long as short |
MEXC ANTHROPIC_USDT
Coinbase International ANTHROPIC-PERP-INTX
HTX ANTHROPIC-USDT
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
BloFin ANTHROPIC-USDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp