Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Binance against QFEX+0.027%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$360.365% of the position
Funding, last 3 days (all we have)+0.057%+$6 on $10k
+Price spread, last 2 days (all we have)−0.046%−$5 · spread now +0.027%, 7d avg −0.001%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.028% dearer against QFEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ANTHROPIC-USD | 2,110 | 0.0000 | get 0.0000% / 1h | 22m 13s | $1.4M | $1.5M | 10x |
| Short | Binance ANTHROPICUSDT | 2,110.6 | 0.0050 | get 0.0050% / 8h | 7h 22m | $32.0M | $8.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- $10.53
- Price spread: +0.027% → −0.001%
- $2.82
- Slippage, 4 orders
- −$16.49
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$23.14
- Costs to cover
- 0.365%
- Break-even
- 22.4 days
Slippage from QFEX: live order book, 4 min ago; Binance: live order book, 4 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 QFEX live order book, 4 min ago | 1.35 bp | 7.9 bp −$8 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.05 bp | 11.3 bp −$11 | 32.3 bp −$323 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ANTHROPIC-USDT | −0.0236% | 8h | 2,111.1 | +0.049% | $42K | $67K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0080% | 1h | 2,123.7 | +0.649% | $267K | $26K | 5x | as long as short |
| QFEX ANTHROPIC-USDlong | 0.0000% | 1h | 2,110 | long leg | $1.4M | $1.5M | 10x | |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,171.1 | +2.895% | $1.9M | $894K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,158.9 | +2.318% | $2.4M | $380K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,173.2 | +2.995% | $4.8M | $1.1M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,157.3 | +2.240% | $2.4M | $1.2M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,107.7 | −0.108% | $25.9M | $3.1M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,114.2 | +0.199% | — | $2.6M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,110.9 | +0.040% | $1.6M | $380K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ANTHROPIC-USDT | +0.0028% | 8h | 2,110.4 | +0.020% | $268K | $258K | 20x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,174.4 | +3.052% | $6.3M | $16.8M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,109.8 | −0.009% | $19K | $38K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,110.3 | +0.013% | $122K | $7K | 10x | as long as short |
| Binance ANTHROPICUSDTshort | +0.0050% | 8h | 2,110.6 | +0.027% | $32.0M | $8.3M | 20x | |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,110.6 | +0.028% | $7.8M | $277K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,120 | +0.471% | $478K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,109.7 | −0.014% | $2.4M | $664K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,110.9 | +0.044% | $10K | $154K | 10x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,110 | +0.001% | $10K | — | 10x | as long as short |
| Entropy io:ANTH | +0.0120% | 1h | 2,165.7 | +2.639% | $35.2M | $7.6M | 6x | as long as short |
Binance ANTHROPICUSDT
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
BloFin ANTHROPIC-USDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp