Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Binance against OKX−2.776%7-day average −2.740% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$470.468% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 2 days (all we have)−0.004%$0 · spread now −2.776%, 7d avg −2.740%
=Funding pays, the price is against you. Binance is 0.036% cheaper against OKX than usual: you would sell low and buy high (spread −2.776% now, against its 7-day average of −2.740%). If the spread goes back, that is −$4 on $10k: about 2.4 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 | OKX ANTHROPIC-USDT-SWAP | 2,174.1 | 0 | get 0.0000% / 8h | 12m 23s | $4.8M | $1.1M | 10x |
| Short | Binance ANTHROPICUSDT | 2,113.8 | 0.0050 | get 0.0050% / 8h | 12m 23s | $32.0M | $8.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $10.5
- Price spread: −2.776% → −2.740%
- −$3.57
- Slippage, 4 orders
- −$26.76
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$39.84
- Costs to cover
- 0.468%
- Break-even
- 33.6 days
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 14 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 OKX live order book, 5 min ago | 1.38 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.85 bp | 7.1 bp −$7 | 28.2 bp −$282 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ANTHROPIC-PERP-INTX | −0.0376% | 1h | 2,123.7 | −2.318% | $267K | $26K | 5x | as long as short |
| HTX ANTHROPIC-USDT | −0.0279% | 8h | 2,116.4 | −2.656% | $42K | $70K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,113.6 | −2.784% | $1.4M | $1.5M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,172.8 | −0.060% | $1.9M | $862K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,161.3 | −0.589% | $2.4M | $381K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAPlong | 0.0000% | 8h | 2,174.1 | long leg | $4.8M | $1.1M | 10x | |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,160.8 | −0.610% | $2.5M | $1.2M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,109.4 | −2.978% | $25.9M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,114.1 | −2.760% | — | $2.6M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,114 | −2.763% | $1.6M | $377K | 10x | 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 | 2,174 | −0.005% | $6.3M | $17.3M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,113.2 | −2.802% | $19K | $38K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,113.7 | −2.778% | $123K | $7K | 10x | as long as short |
| Binance ANTHROPICUSDTshort | +0.0050% | 8h | 2,113.8 | −2.776% | $32.0M | $8.3M | 20x | |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,113.6 | −2.785% | $7.8M | $280K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,120.1 | −2.486% | $478K | $21K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,108 | −3.040% | $2.3M | $515K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,107.7 | −3.053% | $10K | $157K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0074% | 8h | 2,113.2 | −2.803% | $268K | $260K | 20x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,111.8 | −2.867% | $10K | — | 10x | as long as short |
| Entropy io:ANTH | +0.0121% | 1h | 2,162 | −0.557% | $35.2M | $7.7M | 6x | as long as short |
OKX ANTHROPIC-USDT-SWAP
Binance ANTHROPICUSDT
Coinbase International ANTHROPIC-PERP-INTX
HTX ANTHROPIC-USDT
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT