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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against QFEX+2.200%7-day average +2.110% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1331.332% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.003%$0 on $10k
Price spread, last 7 days−0.629%−$63 · spread now +2.200%, 7d avg +2.110%
Together, before fees−0.626%−$63 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.090% dearer against QFEX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +2.110%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ANTHROPIC-USD2,106.60get 0.0000% / 1h40m 32s$1.4M$1.1M10x
ShortBybit ANTHROPICUSDT2,152.90get 0.0000% / 8h1h 40m$2.3M$423K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +2.200% → +2.110%
$8.99
Slippage, 4 orders
−$112.22
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$124.23
Costs to cover
1.332%
Break-even
never at this rate
Slippage from QFEX: live order book, 1 min ago; Bybit: live order book, 1 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, 1 min ago1.45 bp6.7 bp −$711.5 bp −$115doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago22.92 bp70.7 bp −$71343.1 bp −$3,431doesn'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−0.0428%8h2,107.3+0.033%$42K$68K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0080%1h2,120.7+0.670%$267K$25K5xas long as short
Lighter ANTHROPIC0.0000%1h2,167.4+2.887%$1.8M$900K5xas long as short
Bybit ANTHROPICUSDTshort0.0000%8h2,152.9+2.200%$2.3M$423K25x
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.1+2.730%$4.8M$850K10xas long as short
QFEX ANTHROPIC-USDlong0.0000%1h2,106.6long leg$1.4M$1.1M10x
Gate ANTHROPIC_USDT0.0000%8h2,152.3+2.170%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,105−0.076%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,110.1+0.167%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,107.5+0.044%$1.6M$381K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,163.6+2.706%$6.3M$16.2M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,106.2−0.018%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,106.7+0.005%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,106.7+0.004%$32.1M$8.2M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,106.4−0.007%$7.8M$273K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7+0.197%$498K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,106.3−0.013%$2.4M$620Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,107.8+0.058%$10K$163K10xas long as short
BloFin ANTHROPIC-USDT+0.0078%8h2,106.9+0.015%$270K$258K20xas long as short
Entropy io:ANTH+0.0094%1h2,152.6+2.184%$35.0M$7.5M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,106.7+0.007%$10K$6310xas long as short