Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against Bitget+0.097%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Aevo

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.097% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread 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	Bitget ANTHROPICUSDT	2,102.5	0	get 0.0000% / 8h	6h 20m	$25.8M	$3.0M	20x
Short	Aevo ANTHROPIC-PERP	2,104.6	0.0104	get 0.0013% / 1h	20m 07s	$10K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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 BitgetbpFee AevobpOrdersPrice spread, now +0.097%Rate

Funding earned: $21.84
Price spread: +0.097% → 0.000%: $9.7
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: $3.54
Costs to cover: 0.280%
Break-even: 5.9 days

Slippage unknown: Bitget: live order book, 4 min ago; Aevo: 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 Bitget live order book, 4 min ago	0.88 bp	10.5 bp −$11	13.5 bp −$135	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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 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	−0.0335%	8h	2,104.8	+0.108%	$42K	$67K	20x	as long as short
QFEX ANTHROPIC-USD	−0.0002%	1h	2,104.6	+0.100%	$1.4M	$1.4M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,167.6	+3.095%	$1.9M	$915K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,151.6	+2.331%	$2.4M	$363K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,167.9	+3.109%	$4.8M	$976K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,152.9	+2.393%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDTlong	0.0000%	8h	2,102.5	long leg	$25.8M	$3.0M	20x
SunX ANTHROPIC-USDT	0.0000%	8h	2,108.9	+0.303%	—	$2.5M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,104.7	+0.104%	$1.6M	$374K	10x	as long as short
Lighter RH ANTHROPIC	+0.0032%	1h	2,169.2	+3.171%	$6.3M	$16.5M	5x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ANTHROP-USD	+0.0048%	1h	2,104.4	+0.088%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,105	+0.119%	$122K	$7K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,104.9	+0.115%	$32.0M	$8.2M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,104.3	+0.082%	$7.8M	$278K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,115.9	+0.634%	$478K	$20K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,104.6	+0.101%	$2.4M	$669K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,105.1	+0.122%	$10K	$149K	10x	as long as short
Entropy io:ANTH	+0.0081%	1h	2,162	+2.828%	$35.2M	$7.6M	6x	as long as short
Aevo ANTHROPIC-PERPshort	+0.0104%	1h	2,104.6	+0.097%	$10K	—	10x
Coinbase International ANTHROPIC-PERP-INTX	+0.0104%	1h	2,123.7	+1.007%	$267K	$26K	5x	as long as short