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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.061%
Price spread now: Coinbase International against QFEX+0.938%7-day average +0.329% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$870.874% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.019%+$2 on $10k
Price spread, last 4 days (all we have)+0.283%+$28 · spread now +0.938%, 7d avg +0.329%
Together, before fees+0.303%+$30 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: Coinbase International is 0.609% dearer against QFEX than usual: you sell high and buy low, +$61 on $10k if it goes back to its 7-day average of +0.329%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ANTHROPIC-USD2,1040get 0.0000% / 1h3m 51s$1.4M$1.2M10x
ShortCoinbase International ANTHROPIC-PERP-INTX2,123.70.0008get 0.0001% / 1h3m 51s$267K$25K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$1.68
Price spread: +0.938% → +0.329%
$60.91
Slippage, 4 orders
−$67.42
Fee QFEX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$24.83
Costs to cover
0.874%
Break-even
110.5 days
Slippage from QFEX: live order book, 3 min ago; Coinbase International: live order book, 49 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, 3 min ago1.66 bp7.9 bp −$810.9 bp −$109doesn't fitdoesn't fit
Sell Coinbase International live order book, 49 min ago30.78 bp36.3 bp −$3660.7 bp −$607doesn'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−0.0470%8h2,105.9+0.093%$42K$67K20xas long as short
Lighter ANTHROPIC0.0000%1h2,167.3+3.010%$1.8M$957K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,150.1+2.193%$2.4M$351K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.2+2.863%$4.8M$876K10xas long as short
QFEX ANTHROPIC-USDlong0.0000%1h2,104long leg$1.4M$1.2M10x
Gate ANTHROPIC_USDT0.0000%8h2,152.2+2.291%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,104+0.002%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,107.9+0.187%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,105.4+0.069%$1.6M$376K10xas long as short
Coinbase International ANTHROPIC-PERP-INTXshort+0.0008%1h2,123.7+0.938%$267K$25K5x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,163.1+2.810%$6.3M$16.2M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,103.6−0.017%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,104.2+0.011%$121K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,104.2+0.009%$32.0M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,104.5+0.026%$7.8M$278K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,111+0.334%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,104.6+0.032%$2.4M$675Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,103.9−0.003%$10K$156K10xas long as short
BloFin ANTHROPIC-USDT+0.0072%8h2,104+0.002%$225K$256K20xas long as short
Entropy io:ANTH+0.0093%1h2,150.9+2.231%$34.8M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,103.8−0.006%$10K$6310xas long as short