Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.001%

Price spread now: Extended against Binance−0.024%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

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

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.024% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ANTHROPICUSDT	2,103.6	0.0050	pay 0.0050% / 8h	5h 56m	$31.9M	$8.1M	20x
Short	Extended ANTHROP-USD	2,103.1	0.0048	get 0.0006% / 1h	56m 30s	$19K	$22K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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 BinancebpFee ExtendedbpOrdersPrice spread, now −0.024%Rate

Funding earned: −$0.42
Price spread: −0.024% → 0.000%: −$2.38
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$17.8
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 15 min ago; Extended: no order-book sample. 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 Binance live order book, 15 min ago	1.07 bp	15.5 bp −$15	36.5 bp −$365	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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 20 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	−0.0369%	8h	2,102.7	−0.045%	$42K	$67K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0144%	1h	2,123.7	+0.954%	$267K	$25K	5x	as long as short
QFEX ANTHROPIC-USD	−0.0004%	1h	2,103.5	−0.009%	$1.4M	$1.3M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,166.6	+2.993%	$1.9M	$873K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,150	+2.205%	$2.4M	$363K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,165.8	+2.955%	$4.8M	$966K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,151.4	+2.270%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,101.8	−0.090%	$25.7M	$3.0M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,107.2	+0.169%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,102.6	−0.050%	$1.5M	$372K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ANTHROPIC	+0.0032%	1h	2,169.1	+3.112%	$6.2M	$15.9M	5x	as long as short
Extended ANTHROP-USDshort	+0.0048%	1h	2,103.1	−0.024%	$19K	$22K	10x
Aster ANTHROPICUSDT	+0.0050%	8h	2,103.7	+0.004%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDTlong	+0.0050%	8h	2,103.6	long leg	$31.9M	$8.1M	20x
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,103.4	−0.013%	$7.8M	$275K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,114.6	+0.523%	$478K	$20K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,104.2	+0.026%	$2.4M	$679K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,103.6	0.000%	$10K	$148K	10x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,103.1	−0.028%	$10K	—	10x	as long as short
Entropy io:ANTH	+0.0143%	1h	2,161	+2.727%	$35.2M	$7.6M	6x	as long as short