Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0313%/8h= +34.3% APRpaid last 24h +0.122%

Price spread now: Extended against HTX−0.123%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.718%+$72 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

Funding pays, the price is against you. Extended is 0.123% cheaper against HTX than usual: you would sell low and buy high (spread −0.123% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 31 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ANTHROPIC-USDT	2,112.3	−0.0265	get 0.0265% / 8h	7h 29m	$42K	$67K	20x
Short	Extended ANTHROP-USD	2,109.7	0.0048	get 0.0006% / 1h	29m 46s	$19K	$38K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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 HTXbpFee ExtendedbpOrdersPrice spread, now −0.123%Rate

Funding earned: $65.8
Price spread: −0.123% → 0.000%: −$12.32
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $36.47
Costs to cover: 0.170%
Break-even: 3.1 days

Slippage unknown: HTX: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell Extended no order-book sample	—	—	—	—	—

HTX and 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
HTX ANTHROPIC-USDTlong	−0.0265%	8h	2,112.3	long leg	$42K	$67K	20x
Coinbase International ANTHROPIC-PERP-INTX	−0.0080%	1h	2,123.7	+0.539%	$267K	$26K	5x	as long as short
QFEX ANTHROPIC-USD	0.0000%	1h	2,110.7	−0.076%	$1.4M	$1.5M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,171.1	+2.782%	$1.9M	$894K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,159.2	+2.220%	$2.4M	$380K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,173.3	+2.886%	$4.8M	$1.1M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,157.7	+2.148%	$2.5M	$1.2M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,107.4	−0.232%	$25.9M	$3.1M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,113.6	+0.060%	—	$2.6M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,110.9	−0.069%	$1.6M	$382K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ANTHROPIC	+0.0032%	1h	2,174.3	+2.934%	$6.3M	$16.8M	5x	as long as short
Extended ANTHROP-USDshort	+0.0048%	1h	2,109.7	−0.123%	$19K	$38K	10x
Aster ANTHROPICUSDT	+0.0050%	8h	2,110.3	−0.098%	$122K	$7K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,109.7	−0.124%	$32.0M	$8.3M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,109.6	−0.130%	$7.8M	$277K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,120	+0.361%	$478K	$20K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,111.1	−0.057%	$2.4M	$664K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,111.7	−0.030%	$10K	$154K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0078%	8h	2,111.5	−0.038%	$268K	$259K	20x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,110.2	−0.101%	$10K	—	10x	as long as short
Entropy io:ANTH	+0.0117%	1h	2,165.5	+2.517%	$35.2M	$7.7M	6x	as long as short