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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
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: KuCoin against OKX−2.350%7-day average −2.334% · you buy dearer than you sell
Net, funding: paid 7d − costs−$638as in the Funding arb table
Net, price: spread back to 7d avg − costs−$650as in the Price arb table
costs, in and out, $10k−$6486.481% of the position
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)+0.224%+$22 · spread now −2.350%, 7d avg −2.334%
Together, before fees+0.329%+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −2.334%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ANTHROPIC-USDT-SWAP2,166.80get 0.0000% / 8h6h 12m$4.8M$974K10x
ShortKuCoin ANTHROPICUSDTM2,115.90.0050get 0.0050% / 8h6h 12m$478K$20K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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: −2.350% → −2.334%
−$1.67
Slippage, 4 orders
−$626.12
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$639.29
Costs to cover
6.481%
Break-even
433.2 days
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 25 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 OKX live order book, 5 min ago0.46 bp12.8 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 25 min ago8.15 bp101.0 bp −$101doesn't fitdoesn't fitdoesn't fit

ANTHROPIC on 20 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−0.0313%8h2,104.2−2.891%$42K$67K20xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,104.5−2.876%$1.4M$1.4M10xas long as short
Lighter ANTHROPIC0.0000%1h2,167.5+0.032%$1.9M$915K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,150.5−0.750%$2.4M$363K25xas long as short
OKX ANTHROPIC-USDT-SWAPlong0.0000%8h2,166.8long leg$4.8M$974K10x
Gate ANTHROPIC_USDT0.0000%8h2,152.9−0.643%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,102.5−2.966%$25.8M$3.0M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,108.8−2.677%$2.5M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,106.1−2.800%$1.6M$373K10xas long as short
Lighter RH ANTHROPIC+0.0032%1h2,169.2+0.111%$6.3M$16.5M5xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ANTHROP-USD+0.0048%1h2,104.4−2.880%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,104.8−2.860%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,104.9−2.856%$32.0M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,104.1−2.892%$7.8M$278K50xas long as short
KuCoin ANTHROPICUSDTMshort+0.0050%8h2,115.9−2.350%$478K$20K20x
Variational Omni ANTHROPIC+0.0050%8h2,103.7−2.911%$2.4M$671Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,104.8−2.862%$10K$148K10xas long as short
Entropy io:ANTH+0.0084%1h2,161.4−0.249%$35.2M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,104.3−2.886%$10K10xas long as short
Coinbase International ANTHROPIC-PERP-INTX+0.0104%1h2,123.7−1.989%$267K$26K5xas long as short