ANTHROPIC

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: Variational Omni against Phemex−0.002%56s7-day average −0.060% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.050%+$5 on $10k

Price spread, last 3 days (all we have)−0.069%−$7 · spread now −0.002%, 7d avg −0.060%

Together, before fees−0.019%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.059% dearer against Phemex than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.060%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex ANTHROPICUSDT	2,103.1	0	get 0.0000% / 8h	5h 48m	$1.5M	$372K	10x
Short	Variational Omni ANTHROPIC	2,103.1	0.0050	get 0.0050% / 8h	5h 48m	$2.4M	$679K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Phemex. 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

Position, each leg$Hold fordaysFee PhemexbpFee Variational OmnibpOrdersPrice spread, now −0.002%Rate

Funding earned: $10.5
Price spread: −0.002% → −0.060%: $5.87
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $4.37
Costs to cover: 0.120%
Break-even: 4.1 days

Slippage unknown: Phemex: live order book, 5 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

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 Phemex live order book, 5 min ago	2.69 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	4.02 bp	doesn't fit	20.2 bp −$202	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	−0.0387%	8h	2,104.8	+0.082%	$42K	$67K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0144%	1h	2,123.7	+0.980%	$267K	$25K	5x	as long as short
QFEX ANTHROPIC-USD	−0.0004%	1h	2,101.9	−0.056%	$1.4M	$1.3M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,166.5	+3.014%	$1.9M	$873K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,150	+2.231%	$2.4M	$362K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,166	+2.990%	$4.8M	$954K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,151.4	+2.295%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,101	−0.099%	$25.7M	$3.0M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,106	+0.137%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDTlong	0.0000%	8h	2,103.1	long leg	$1.5M	$372K	10x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ANTHROPIC	+0.0032%	1h	2,169.1	+3.138%	$6.2M	$15.9M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,101.4	−0.080%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,102.1	−0.049%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,102	−0.053%	$31.9M	$8.1M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,102.1	−0.050%	$7.8M	$276K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,114.6	+0.548%	$478K	$20K	20x	as long as short
Variational Omni ANTHROPICshort	+0.0050%	8h	2,103.1	−0.002%	$2.4M	$679K	—
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,103.5	+0.019%	$10K	$147K	10x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,101.6	−0.070%	$10K	—	10x	as long as short
Entropy io:ANTH	+0.0121%	1h	2,160.9	+2.748%	$35.2M	$7.5M	6x	as long as short