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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.259%+$26 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ANTHROPIC_USDT2,106.90.0050pay 0.0050% / 8h2h 09m$7.8M$278K50x
ShortCoinbase International ANTHROPIC-PERP-INTX2,118.4−0.0064pay 0.0008% / 1h9m 57s$267K$25K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago1.02 bp1.9 bp −$273.6 bp −$736470.7 bp −$47.1K1493.9 bp −$746.9K
Sell Coinbase International live order book, 38 min ago27.16 bp32.2 bp −$3255.3 bp −$553doesn't fitdoesn't fit

ANTHROPIC on 21 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−0.0456%8h2,107.6+0.035%$42K$68K20xas long as short
Coinbase International ANTHROPIC-PERP-INTXshort−0.0064%1h2,118.4+0.547%$267K$25K5x
QFEX ANTHROPIC-USD−0.0006%1h2,107.2+0.013%$1.4M$1.2M10xas long as short
Lighter ANTHROPIC0.0000%1h2,166.6+2.834%$1.9M$946K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,152.8+2.176%$2.3M$425K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.8+2.748%$4.8M$857K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,152.9+2.184%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,105.3−0.078%$25.9M$3.3M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111+0.195%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.2+0.060%$1.6M$382K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ANTHROPIC-USDT+0.0020%8h2,107.6+0.034%$269K$258K20xas long as short
Lighter RH ANTHROPIC+0.0032%1h2,162.5+2.639%$6.3M$16.3M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,106.3−0.027%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,106.8−0.003%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,106.9+0.001%$32.1M$8.4M20xas long as short
MEXC ANTHROPIC_USDTlong+0.0050%8h2,106.9long leg$7.8M$278K50x
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7+0.182%$498K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,106.7−0.010%$2.4M$707Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,105.5−0.068%$10K$160K10xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,107+0.003%$10K$6310xas long as short
Entropy io:ANTH+0.0121%1h2,151.9+2.136%$34.9M$7.8M6xas long as short