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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.012%+$1 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 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ANTHROPIC-USD2,1100.0000get 0.0000% / 1h22m 13s$1.4M$1.5M10x
ShortBinance ANTHROPICUSDT2,110.60.0050get 0.0050% / 8h7h 22m$32.0M$8.3M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago1.35 bp7.9 bp −$821.7 bp −$217doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.05 bp11.3 bp −$1132.3 bp −$323doesn't fitdoesn't fit

ANTHROPIC on 21 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−0.0236%8h2,111.1+0.049%$42K$67K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0080%1h2,123.7+0.649%$267K$26K5xas long as short
QFEX ANTHROPIC-USDlong0.0000%1h2,110long leg$1.4M$1.5M10x
Lighter ANTHROPIC0.0000%1h2,171.1+2.895%$1.9M$894K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,158.9+2.318%$2.4M$380K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,173.2+2.995%$4.8M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,157.3+2.240%$2.4M$1.2M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,107.7−0.108%$25.9M$3.1M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,114.2+0.199%$2.6M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,110.9+0.040%$1.6M$380K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ANTHROPIC-USDT+0.0028%8h2,110.4+0.020%$268K$258K20xas long as short
Lighter RH ANTHROPIC+0.0032%1h2,174.4+3.052%$6.3M$16.8M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,109.8−0.009%$19K$38K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,110.3+0.013%$122K$7K10xas long as short
Binance ANTHROPICUSDTshort+0.0050%8h2,110.6+0.027%$32.0M$8.3M20x
MEXC ANTHROPIC_USDT+0.0050%8h2,110.6+0.028%$7.8M$277K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,120+0.471%$478K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,109.7−0.014%$2.4M$664Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,110.9+0.044%$10K$154K10xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,110+0.001%$10K10xas long as short
Entropy io:ANTH+0.0120%1h2,165.7+2.639%$35.2M$7.6M6xas long as short