Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%

Price spread now: Binance against Aevo+0.008%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ANTHROPIC-PERP	2,109.5	0.0104	pay 0.0013% / 1h	54m 07s	$10K	$63	10x
Short	Binance ANTHROPICUSDT	2,109.7	0.0050	get 0.0050% / 8h	5h 54m	$32.2M	$7.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee BinancebpOrdersPrice spread, now +0.008%Rate

Funding earned: −$11.34
Price spread: +0.008% → 0.000%: $0.83
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: −$36.51
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Binance: live order book, 11 min ago. Net counts fees only.

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 Aevo no order-book sample	—	—	—	—	—
Sell Binance live order book, 11 min ago	0.52 bp	7.0 bp −$7	38.7 bp −$387	doesn't fit	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ANTHROPIC on 21 exchanges

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	−0.0377%	8h	2,114.4	+0.235%	$42K	$68K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0024%	1h	2,117.9	+0.401%	$267K	$26K	5x	as long as short
QFEX ANTHROPIC-USD	−0.0004%	1h	2,109.8	+0.016%	$1.4M	$1.0M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,170.4	+2.888%	$1.9M	$829K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,152.1	+2.019%	$2.3M	$381K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,168.7	+2.807%	$4.8M	$689K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,157.3	+2.267%	$2.5M	$977K	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,107.8	−0.079%	$26.0M	$3.0M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,114.1	+0.219%	—	$1.7M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,110.5	+0.048%	$1.6M	$358K	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ANTHROPIC	+0.0032%	1h	2,164.9	+2.627%	$6.2M	$16.2M	5x	as long as short
BloFin ANTHROPIC-USDT	+0.0035%	8h	2,109.6	+0.007%	$273K	$247K	20x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,109.3	−0.009%	$10K	$11K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,109.6	+0.004%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDTshort	+0.0050%	8h	2,109.7	+0.008%	$32.2M	$7.3M	20x
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,109.6	+0.004%	$7.8M	$245K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,117.3	+0.370%	$499K	$187K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,109.1	−0.020%	$2.3M	$639K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,108.6	−0.042%	$10K	$185K	10x	as long as short
Aevo ANTHROPIC-PERPlong	+0.0104%	1h	2,109.5	long leg	$10K	$63	10x
Entropy io:ANTH	+0.0112%	1h	2,155.1	+2.162%	$35.1M	$7.0M	6x	as long as short