Settings8H · net · $10k
Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0044%/8h= −4.8% APRnext payment $0.06 per $10,000 · paid last 24h −0.025%
Price spread now: Extended against Entropy−2.121%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.263%−$26 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 2.121% cheaper against Entropy than usual: you would sell low and buy high (−$212 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:ANTH2,152.30.0092pay 0.0012% / 1h50m 26s$34.9M$7.5M6x
ShortExtended ANTHROP-USD2,106.70.0048get 0.0006% / 1h50m 26s$19K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Entropy. 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

Funding earned
−$9.26
Price spread: −2.121% → 0.000%
−$212.07
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$244.33
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Entropy: 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
LegHalf-spread$10k$100k$1M$5M
Buy Entropy live order book, 5 min ago0.70 bp15.2 bp −$15doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ANTHROPIC-USDT−0.0433%8h2,108.2−2.049%$42K$68K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0080%1h2,120.7−1.468%$267K$25K5xas long as short
Lighter ANTHROPIC0.0000%1h2,166.8+0.674%$1.8M$900K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,153+0.033%$2.3M$424K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.4+0.562%$4.8M$846K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,107.2−2.097%$1.4M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,154.1+0.084%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,106−2.153%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111.5−1.896%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.2−2.047%$1.6M$381K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,163.1+0.502%$6.3M$16.0M5xas long as short
Extended ANTHROP-USDshort+0.0048%1h2,106.7−2.121%$19K$22K10x
Aster ANTHROPICUSDT+0.0050%8h2,107.2−2.093%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,107.2−2.095%$32.1M$8.3M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.3−2.091%$7.8M$272K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7−1.931%$498K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,107.1−2.100%$2.4M$620Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,108.1−2.055%$10K$163K10xas long as short
BloFin ANTHROPIC-USDT+0.0057%8h2,107.7−2.071%$270K$257K20xas long as short
Entropy io:ANTHlong+0.0092%1h2,152.3long leg$34.9M$7.5M6x
Aevo ANTHROPIC-PERP+0.0104%1h2,107.9−2.062%$10K$6310xas long as short