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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.027%
Price spread now: Entropy against Extended+2.209%7-day average · you sell dearer than you buy
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+0.265%+$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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Entropy is 2.209% dearer against Extended than usual: you sell high and buy low: +$221 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ANTHROP-USD2,106.80.0048pay 0.0006% / 1h16m 04s$19K$22K10x
ShortEntropy io:ANTH2,153.30.0084get 0.0010% / 1h16m 04s$34.9M$7.6M6x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy against Extended. 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
$7.49
Price spread: +2.209% → 0.000%
$220.85
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Entropy: 9 bp × 2 orders
−$18
Net
$205.34
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Extended: no order-book sample; Entropy: live order book, 9 min ago. 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 Extended no order-book sample
Sell Entropy live order book, 9 min ago0.46 bp11.9 bp −$12doesn't fitdoesn't fitdoesn't fit
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−0.0427%8h2,108.5+0.081%$42K$67K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0280%1h2,123.7+0.804%$267K$25K5xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,107.2+0.018%$1.4M$1.2M10xas long as short
Lighter ANTHROPIC0.0000%1h2,166.2+2.821%$1.9M$944K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,150.4+2.071%$2.4M$351K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,165+2.764%$4.8M$867K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,154.1+2.244%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,104.9−0.090%$26.0M$3.0M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111.7+0.234%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.2+0.067%$1.6M$374K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,165+2.764%$6.2M$16.0M5xas long as short
Extended ANTHROP-USDlong+0.0048%1h2,106.8long leg$19K$22K10x
Aster ANTHROPICUSDT+0.0050%8h2,107.6+0.041%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,107.3+0.027%$32.0M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.6+0.041%$7.8M$278K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7+0.186%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,107.3+0.024%$2.4M$681Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,106.9+0.004%$10K$150K10xas long as short
BloFin ANTHROPIC-USDT+0.0059%8h2,108.1+0.065%$270K$256K20xas long as short
Entropy io:ANTHshort+0.0084%1h2,153.3+2.209%$34.9M$7.6M6x
Aevo ANTHROPIC-PERP+0.0104%1h2,107.5+0.034%$10K$6310xas long as short