Funding you earn now, next payment 08:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.039%
Price spread now: Entropy against QFEX+2.310%7-day average +3.345% · 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−$151as in the Price arb table
costs, in and out, $10k−$480.476% of the position
Funding, last 4 days (all we have)+0.157%+$16 on $10k
+Price spread, last 7 days+1.178%+$118 · spread now +2.310%, 7d avg +3.345%
=Funding pays, the price is against you. Entropy is 1.035% cheaper against QFEX than usual: you would sell low and buy high (spread +2.310% now, against its 7-day average of +3.345%). If the spread goes back, that is −$104 on $10k: about 25 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ANTHROPIC-USD | 2,108 | −0.0002 | get 0.0000% / 1h | 33m 27s | $1.4M | $1.1M | 10x |
| Short | Entropy io:ANTH | 2,156.7 | 0.0134 | get 0.0017% / 1h | 33m 27s | $35.0M | $7.5M | 6x |
QFEX ANTHROPIC-USD
Entropy io:ANTHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $28.43
- Price spread: +2.310% → +3.345%
- −$103.52
- Slippage, 4 orders
- −$19.62
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$122.72
- Costs to cover
- 0.476%
- Break-even
- 37.2 days
Slippage from QFEX: live order book, 3 min ago; Entropy: 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, 3 min ago | 1.49 bp | 8.5 bp −$8 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 4 min ago | 0.23 bp | 15.6 bp −$16 | doesn't fit | 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 | −0.0428% | 8h | 2,108.7 | +0.035% | $42K | $69K | 20x | as long as short |
| QFEX ANTHROPIC-USDlong | −0.0002% | 1h | 2,108 | long leg | $1.4M | $1.1M | 10x | |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,153.9 | +2.177% | $2.3M | $422K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,165.3 | +2.718% | $4.8M | $852K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,153.5 | +2.157% | $2.4M | $1.0M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,105.2 | −0.132% | $25.9M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,111.9 | +0.185% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.4 | +0.017% | $1.6M | $383K | 10x | as long as short |
| Lighter ANTHROPIC | +0.0008% | 1h | 2,172.8 | +3.074% | $1.9M | $877K | 5x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,170.1 | +2.946% | $6.5M | $16.4M | 5x | as long as short |
HTX ANTHROPIC-USDT
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter ANTHROPIC
Lighter RH ANTHROPICShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,107.7 | −0.015% | $19K | $5K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,108.2 | +0.009% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,108.2 | +0.011% | $32.1M | $8.3M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,108.3 | +0.012% | $7.8M | $270K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,112.5 | +0.214% | $499K | $25K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,107.9 | −0.006% | $2.3M | $655K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,108 | +0.002% | $10K | $167K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0076% | 8h | 2,108.4 | +0.017% | $270K | $258K | 20x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,107.9 | −0.006% | $10K | $63 | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0128% | 1h | 2,120.7 | +0.602% | $267K | $25K | 5x | as long as short |
| Entropy io:ANTHshort | +0.0134% | 1h | 2,156.7 | +2.310% | $35.0M | $7.5M | 6x |
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT
Aevo ANTHROPIC-PERP
Coinbase International ANTHROPIC-PERP-INTX