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Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets
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Alert: funding
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Alert: spread
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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 MEXC+0.020%7-day average +0.043% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on MEXCShort 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 4 days (all we have)+0.087%+$9 · spread now +0.020%, 7d avg +0.043%
Together, before fees−0.018%−$2 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 0.023% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.043%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ANTHROPIC_USDT2,107.20.0050pay 0.0050% / 8h4h 34m$7.8M$277K50x
ShortPhemex ANTHROPICUSDT2,107.70get 0.0000% / 8h4h 34m$1.6M$379K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
−$10.5
Price spread: +0.020% → +0.043%
−$2.35
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$24.85
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 3 min ago; Phemex: live order book, 4 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 MEXC live order book, 3 min ago0.19 bp1.0 bp −$157.4 bp −$574433.6 bp −$43.4Kdoesn't fit
Sell Phemex live order book, 4 min ago2.87 bpdoesn't fitdoesn't fitdoesn'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−0.0420%8h2,107.8+0.027%$42K$67K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0280%1h2,123.7+0.782%$267K$25K5xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,107−0.013%$1.4M$1.3M10xas long as short
Lighter ANTHROPIC0.0000%1h2,165.8+2.779%$1.9M$929K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,150.3+2.045%$2.4M$351K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.8+2.732%$4.8M$867K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,153.7+2.202%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,104.6−0.127%$26.0M$3.1M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,110.7+0.164%—$2.4M10xas long as short
Phemex ANTHROPICUSDTshort0.0000%8h2,107.7+0.020%$1.6M$379K10x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,165.6+2.769%$6.2M$15.8M5xas long as short
BloFin ANTHROPIC-USDT+0.0043%8h2,107.30.000%$269K$256K20xas long as short
Extended ANTHROP-USD+0.0048%1h2,106.8−0.023%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,107.4+0.008%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,107.3+0.002%$32.0M$8.2M20xas long as short
MEXC ANTHROPIC_USDTlong+0.0050%8h2,107.2long leg$7.8M$277K50x
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7+0.163%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,106.9−0.015%$2.4M$681K—as long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,106−0.058%$10K$150K10xas long as short
Entropy io:ANTH+0.0080%1h2,153.9+2.214%$35.0M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,107.2−0.002%$10K$6310xas long as short