Funding arb · Price arb / RWA

ANTHROPIC

RWAAll ANTHROPIC markets →

LONGBybit▾Phoenix −0.0085%Lighter 0.0000%Lighter RH 0.0000%Bybit 0.0000%OKX 0.0000%Gate 0.0000%Deribit 0.0000%Phemex 0.0000%QFEX +0.0001%Entropy +0.0013%BloFin +0.0025%Extended +0.0048%Aster +0.0050%Binance +0.0050%MEXC +0.0050%KuCoin +0.0050%Bitget +0.0050%BingX +0.0050%Variational Omni +0.0050%GRVT +0.0050%SunX +0.0050%HTX +0.0050%AZverse +0.0050%Kraken Futures +0.0050%TxFlow +0.0100%Aevo +0.0104%

⇄⇅

SHORTedgeX▾edgeX +0.0815%Aevo +0.0104%TxFlow +0.0100%Kraken Futures +0.0050%Aster +0.0050%Binance +0.0050%MEXC +0.0050%KuCoin +0.0050%Bitget +0.0050%BingX +0.0050%Variational Omni +0.0050%GRVT +0.0050%SunX +0.0050%HTX +0.0050%AZverse +0.0050%Extended +0.0048%BloFin +0.0025%Entropy +0.0013%QFEX +0.0001%Lighter 0.0000%Lighter RH 0.0000%OKX 0.0000%Gate 0.0000%Deribit 0.0000%Phemex 0.0000%Phoenix −0.0085%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BybitANTHROPICUSDT	1,892.5	0	0.0000% / 8h	5h 44m	$1.6M	$733K	25x	Long Bybit
SHORT	edgeXANTHROPICUSDC	1,872.7	+0.0815	get 0.0408% / 4h	1h 44m	$1K	$143K	5x	Short edgeX

Price gap−1.047%102s

Funding gap+0.0815% /8h

Funding trade: +$24 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

The current funding rate is far above what this pair has been paying: over the last 10 hours it paid −0.034% in total, about −0.0265%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−1.047%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

BybitedgeX

ANTHROPIC on 27 exchanges

lowest funding first

Before you open

1 ok · 5 to watch

• !
  Watch: Thin at this size20.1 / 8.6 bp

  At $10k entering Bybit costs 20.1 bp, fee and slippage, 2.3× edgeX’s.
• i
  Note: Margin at max leverage$400 + $2,000

  Bybit 25x, edgeX 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ8h / 4h

  Payments land at different times. Close right after the slower leg pays.

  Long Bybit · 8h$0.00

  Short edgeX · 4h+$24.45

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$24.45Long Bybit: 3 payments, $0.00; short edgeX: 6 payments, +$24.45.
• !
  Watch: Prices read 102 s apart−1.047% vs −1.051%

  Part of this gap may be the market moving.
• !
  Watch: Short leg is thinner$1K vs $1.6M OI

  edgeX sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legedgeX points

  Volume here counts toward the points program.
• !
  Watch: KYCBybit Yes · edgeX No

  Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0265%/8h × 21 periods−$55.64

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$34.75

Fee Bybit bp × 2 orders−$11.00

Fee edgeX bp × 2 orders−$9.00

Net · 7 days · $10k−$110.38

price spread not counted: prices read too far apart

Costs to cover0.547%Break-evennever at this rate

Slippage: Bybit: live order book, 1 min ago; edgeX: live order book, 44 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGBybit1.3220.1 bp−$2063.3 bp−$633doesn’t fitdoesn’t fit

SELL · SHORTedgeX4.128.6 bp−$9doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

ANTHROPIC news

posts that mention ANTHROPIC or Anthropic, from every exchangeSearch all news →

10-27 14:37	Kalshi	Other	JUST IN: Anthropic pays each trustee of its safety trust $400,000 a year @Kalshi on X ↗
10-27 13:30	Vest Markets	Other	Into the open, $AVGO is up around 3%, with a $63B deal announced yesterday to fund Broadcom chips leased to Anthropic. Bank of America, Citi and Morgan Stanley are arranging the first lien and Blackstone the second, via a new vehicle that buys the hardware. Broadcom provides residual value support equal to the first lien, with deliveries starting in 2027 and $AVGO adding to a 2.3% gain in the prior session. @VestExchange on X ↗
10-27 13:27	Paragon	Listing	Anthropic ($ANTH) is now trading 24/7 on Hyperliquid. Up to 10x leverage. Anthropic is the AI research company behind Claude. $ANTH is a pre-listing perpetual, pricing Anthropic ahead of its public listing. Trade now on Hyperliquid: @tradeparagon on X ↗
10-27 12:34	BingX	Other	The Anthropic IPO countdown is ON ⏳ New users get $15 in ANTHROPIC on their first trade, while existing users can trade AI stocks to earn ANTHROPIC. Join Oct 27, 20:00 – Nov 6, 23:59 (UTC+8) and unlock $500,000 USDT in rewards 👇 @BingXOfficial on X ↗
10-27 11:24	Paragon	Listing	new market para:ANTH ($ANTHROPIC) seen by our collector
10-27 10:48	edgeX	Listing	new market ANTHROPICUSDC ($ANTHROPIC) seen by our collector