Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%

Price spread now: Extended against Bitget+0.059%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 Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.101%+$10 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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.059% dearer against Bitget than usual: you sell high and buy low: +$6 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	2,105.8	0	get 0.0000% / 8h	7h 38m	$25.9M	$3.2M	20x
Short	Extended ANTHROP-USD	2,107	0.0048	get 0.0006% / 1h	38m 46s	$19K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.059%Rate

Funding earned: $10.08
Price spread: +0.059% → 0.000%: $5.95
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$0.97
Costs to cover: 0.170%
Break-even: 7.7 days

Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago	1.57 bp	9.4 bp −$9	12.3 bp −$123	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 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	−0.0357%	8h	2,107.7	+0.092%	$42K	$69K	20x	as long as short
QFEX ANTHROPIC-USD	−0.0004%	1h	2,107.6	+0.085%	$1.4M	$1.1M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,169.4	+3.021%	$1.9M	$868K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,155.7	+2.372%	$2.3M	$422K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,164.6	+2.793%	$4.8M	$840K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,153.9	+2.287%	$2.4M	$1.0M	50x	as long as short
Bitget ANTHROPICUSDTlong	0.0000%	8h	2,105.8	long leg	$25.9M	$3.2M	20x
SunX ANTHROPIC-USDT	0.0000%	8h	2,112.2	+0.305%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,107.6	+0.088%	$1.6M	$382K	10x	as long as short
Lighter RH ANTHROPIC	+0.0032%	1h	2,164.6	+2.793%	$6.4M	$16.4M	5x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ANTHROP-USDshort	+0.0048%	1h	2,107	+0.059%	$19K	$5K	10x
Aster ANTHROPICUSDT	+0.0050%	8h	2,108	+0.103%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,107.6	+0.085%	$32.1M	$8.2M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,107.7	+0.093%	$7.8M	$271K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,114.4	+0.407%	$498K	$67K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,107.3	+0.074%	$2.3M	$649K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,106.4	+0.030%	$10K	$172K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0056%	8h	2,107.9	+0.099%	$271K	$260K	20x	as long as short
Entropy io:ANTH	+0.0101%	1h	2,153.2	+2.252%	$35.1M	$7.5M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,107.2	+0.069%	$10K	$63	10x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	+0.0104%	1h	2,117.9	+0.577%	$267K	$28K	5x	as long as short