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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ANTHROPIC-USDT-SWAP | 2,166.8 | 0 | get 0.0000% / 8h | 6h 12m | $4.8M | $974K | 10x |
| Short | KuCoin ANTHROPICUSDTM | 2,115.9 | 0.0050 | get 0.0050% / 8h | 6h 12m | $478K | $20K | 20x |
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 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: −2.350% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 5 min ago | 0.46 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 25 min ago | 8.15 bp | 101.0 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
ANTHROPIC on 20 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 | −0.0313% | 8h | 2,104.2 | −2.891% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,104.5 | −2.876% | $1.4M | $1.4M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,167.5 | +0.032% | $1.9M | $915K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,150.5 | −0.750% | $2.4M | $363K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAPlong | 0.0000% | 8h | 2,166.8 | long leg | $4.8M | $974K | 10x | |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,152.9 | −0.643% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,102.5 | −2.966% | $25.8M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,108.8 | −2.677% | — | $2.5M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,106.1 | −2.800% | $1.6M | $373K | 10x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,169.2 | +0.111% | $6.3M | $16.5M | 5x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,104.4 | −2.880% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,104.8 | −2.860% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,104.9 | −2.856% | $32.0M | $8.1M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,104.1 | −2.892% | $7.8M | $278K | 50x | as long as short |
| KuCoin ANTHROPICUSDTMshort | +0.0050% | 8h | 2,115.9 | −2.350% | $478K | $20K | 20x | |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,103.7 | −2.911% | $2.4M | $671K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,104.8 | −2.862% | $10K | $148K | 10x | as long as short |
| Entropy io:ANTH | +0.0084% | 1h | 2,161.4 | −0.249% | $35.2M | $7.6M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,104.3 | −2.886% | $10K | — | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0104% | 1h | 2,123.7 | −1.989% | $267K | $26K | 5x | as long as short |
OKX ANTHROPIC-USDT-SWAP
KuCoin ANTHROPICUSDTM
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
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
Coinbase International ANTHROPIC-PERP-INTX