ANTHROPIC

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	edgeXANTHROPICUSDC	1,676.9	+0.0557	pay 0.0278% / 4h	2h 49m	$721	$372K	5x	Long edgeX
SHORT	DeribitANTH_USDC-PERPETUAL	1,684.6	0	0.0000% / 1h	49m 50s	$503K	$291K	5x	Short Deribit

Price gap+0.462%

Funding gap−0.0557% /8h

The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $17 a day and eats that in about 15 hours. At the last 7 days' pace that is about 4.1 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$11−0.0557% /8h now · paid −0.109% over the last 4 days (all we have)

Price+$11spread +0.462% now, avg +0.355% → +0.107% if it goes back

Costs−$630.626% of $10k · taker + slippage, in and out

Result−$63−0.63%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 4 days it paid −0.109% in total, about −0.0086%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.462%

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

ANTHROPIC on 27 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size8.1 / 37.7 bp
At $10k entering Deribit costs 37.7 bp, fee and slippage, 4.7× edgeX’s.
Note: Margin at max leverage$2,000 + $2,000
edgeX 5x, Deribit 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$16.70Long edgeX: 6 payments, −$16.70; short Deribit: 24 payments, $0.00.
OK: Entry gap works for you+0.462% vs +0.355%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$721 vs $503K 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: KYCedgeX No · Deribit Yes
ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0086%/8h × 21 periods−$18.13

Price spread+0.462% → +0.355% (7d avg)+$10.69

Slippage, 4 orderslive order books−$46.64

Fee edgeX bp × 2 orders−$9.00

Fee Deribit bp × 2 orders−$7.00

Net · 7 days · $10k−$70.09

Costs to cover0.626%Break-evennever at this rate

Slippage: edgeX: live order book, 58 min ago; Deribit: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGedgeX3.568.1 bp−$8doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTDeribit1.9637.7 bp−$3879.7 bp−$797doesn’t fitdoesn’t fit

Closing costs about the same again.

ANTHROPIC news

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

10-30 17:01	Markets by Kinetiq	Other	JUST IN: Anthropic $ANT may not secure "investment grade" rating after IPO, due to massive outstanding liabilities, Blackstone tells investors - FT @Markets_xyz on X ↗
10-30 16:48	Kalshi	Other	JUST IN: Anthropic may not secure "investment grade" rating after IPO @Kalshi on X ↗
10-30 15:47	Kalshi	Other	JUST IN: Japan asks Anthropic and OpenAI for "more access" to advanced models @Kalshi on X ↗
10-29 19:45	Kalshi	Other	JUST IN: Anthropic is currently SpaceX’s largest single customer @Kalshi on X ↗
10-29 18:24	Kalshi	Other	JUST IN: Anthropic reveals Claude is now monitoring its own conversations for dangerous behavior @Kalshi on X ↗
10-29 17:01	Kalshi	Other	JUST IN: Nearly 1 in 70 Americans worth over $100 million could be Anthropic employees after IPO @Kalshi on X ↗