Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.014%

Price spread now: SunX against Extended+0.245%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on SunX

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

The price spread pays, funding is against you. SunX is 0.245% dearer against Extended than usual: you sell high and buy low (spread +0.245% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ANTHROP-USD	2,103.7	0.0048	pay 0.0006% / 1h	46m 26s	$19K	$38K	10x
Short	SunX ANTHROPIC-USDT	2,108.8	0	get 0.0000% / 8h	1h 46m	—	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee ExtendedbpFee SunXbpOrdersPrice spread, now +0.245%Rate

Funding earned: −$10.08
Price spread: +0.245% → 0.000%: $24.45
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: $1.37
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Extended: no order-book sample; SunX: live order book, 10 min ago. 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 Extended no order-book sample	—	—	—	—	—
Sell SunX live order book, 10 min ago	497.27 bp	doesn't fit	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International ANTHROPIC-PERP-INTX	−0.0336%	1h	2,119.1	+0.733%	$267K	$27K	5x	as long as short
HTX ANTHROPIC-USDT	−0.0277%	8h	2,105.4	+0.081%	$42K	$70K	20x	as long as short
QFEX ANTHROPIC-USD	−0.0004%	1h	2,104	+0.016%	$1.4M	$1.5M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,173.9	+3.339%	$1.9M	$706K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,154.1	+2.397%	$2.4M	$376K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,162.8	+2.812%	$4.8M	$1.1M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,153.6	+2.376%	$2.4M	$1.2M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,103	−0.030%	$25.8M	$3.0M	20x	as long as short
SunX ANTHROPIC-USDTshort	0.0000%	8h	2,108.8	+0.245%	—	$2.6M	10x
Phemex ANTHROPICUSDT	0.0000%	8h	2,105.4	+0.083%	$1.6M	$372K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ANTHROPIC-USDT	+0.0026%	8h	2,104.2	+0.024%	$267K	$260K	20x	as long as short
Lighter RH ANTHROPIC	+0.0032%	1h	2,173.9	+3.339%	$6.2M	$17.2M	5x	as long as short
Extended ANTHROP-USDlong	+0.0048%	1h	2,103.7	long leg	$19K	$38K	10x
Aster ANTHROPICUSDT	+0.0050%	8h	2,104	+0.018%	$123K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,104	+0.017%	$31.7M	$8.0M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,104.2	+0.025%	$7.8M	$273K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,111.9	+0.390%	$476K	$18K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,104.9	+0.060%	$2.3M	$514K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,104.3	+0.032%	$10K	$161K	10x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,103.6	−0.004%	$10K	—	10x	as long as short
Entropy io:ANTH	+0.0129%	1h	2,163.1	+2.826%	$35.2M	$7.6M	6x	as long as short