Funding you earn now, next payment 06:00 UTC+0.0071%/8h= +7.7% APRpaid last 24h +0.025%
Price spread now: Entropy against MEXC+2.132%7-day average +3.336% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 7 days+0.259%+$26 on $10k
+Price spread, last 7 days+1.402%+$140 · spread now +2.132%, 7d avg +3.336%
=Funding pays, the price is against you. Entropy is 1.203% cheaper against MEXC than usual: you would sell low and buy high (spread +2.132% now, against its 7-day average of +3.336%). If the spread goes back, that is −$120 on $10k: about 57 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ANTHROPIC_USDT | 2,107 | 0.0050 | pay 0.0050% / 8h | 2h 10m | $7.8M | $278K | 50x |
| Short | Entropy io:ANTH | 2,151.9 | 0.0121 | get 0.0015% / 1h | 10m 30s | $34.9M | $7.8M | 6x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $14.84
- Price spread: +2.132% → +3.336%
- −$120.32
- Slippage, 4 orders
- −$17.45
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$140.93
- Costs to cover
- 0.354%
- Break-even
- 73.5 days
Slippage from MEXC: live order book, 2 min ago; Entropy: live order book, 7 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 | 1.02 bp | 1.9 bp −$2 | 73.6 bp −$736 | 470.7 bp −$47.1K | 1493.9 bp −$746.9K |
| Sell Entropy live order book, 7 min ago | 0.23 bp | 14.2 bp −$14 | 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 | −0.0457% | 8h | 2,106.9 | −0.004% | $42K | $68K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0064% | 1h | 2,118.4 | +0.544% | $267K | $25K | 5x | as long as short |
| QFEX ANTHROPIC-USD | −0.0006% | 1h | 2,107.2 | +0.009% | $1.4M | $1.2M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,166.6 | +2.830% | $1.9M | $946K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,152.6 | +2.167% | $2.3M | $425K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.8 | +2.745% | $4.8M | $857K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,153 | +2.185% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,105.2 | −0.082% | $25.9M | $3.3M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,110.8 | +0.182% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,107.7 | +0.036% | $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 | +0.030% | $269K | $258K | 20x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,162.5 | +2.636% | $6.3M | $16.3M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,106.7 | −0.012% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,107.1 | +0.008% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,107.2 | +0.013% | $32.1M | $8.4M | 20x | as long as short |
| MEXC ANTHROPIC_USDTlong | +0.0050% | 8h | 2,107 | long leg | $7.8M | $278K | 50x | |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,110.7 | +0.178% | $498K | $25K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,106.7 | −0.014% | $2.4M | $707K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,105.5 | −0.072% | $10K | $160K | 10x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,107.1 | +0.007% | $10K | $63 | 10x | as long as short |
| Entropy io:ANTHshort | +0.0121% | 1h | 2,151.9 | +2.132% | $34.9M | $7.8M | 6x |
MEXC ANTHROPIC_USDT
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
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