Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%

Price spread now: Aevo against MEXC+0.014%7-day average — · you sell dearer than you buy

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

Long on MEXC Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ANTHROPIC_USDT	2,106.4	0.0050	pay 0.0050% / 8h	1h 40m	$7.8M	$273K	50x
Short	Aevo ANTHROPIC-PERP	2,106.7	0.0104	get 0.0013% / 1h	40m 39s	$10K	$63	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against MEXC. 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 MEXCbpFee AevobpOrdersPrice spread, now +0.014%Rate

Funding earned: $11.34
Price spread: +0.014% → 0.000%: $1.38
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$3.28
Costs to cover: 0.160%
Break-even: 9.0 days

Slippage unknown: MEXC: live order book, 2 min ago; Aevo: 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 MEXC live order book, 2 min ago	0.95 bp	0.9 bp −$1	62.2 bp −$622	443.4 bp −$44.3K	1325.7 bp −$662.8K
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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-USDT	−0.0428%	8h	2,107.3	+0.040%	$42K	$68K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0080%	1h	2,120.7	+0.677%	$267K	$25K	5x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,167.4	+2.894%	$1.8M	$900K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,152.9	+2.207%	$2.3M	$423K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,164.1	+2.737%	$4.8M	$850K	10x	as long as short
QFEX ANTHROPIC-USD	0.0000%	1h	2,106.6	+0.007%	$1.4M	$1.1M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,152.3	+2.177%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,105	−0.069%	$25.9M	$3.2M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,110.1	+0.174%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,107.5	+0.051%	$1.6M	$381K	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	2,163.6	+2.714%	$6.3M	$16.2M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,106.2	−0.011%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,106.7	+0.012%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,106.7	+0.011%	$32.1M	$8.2M	20x	as long as short
MEXC ANTHROPIC_USDTlong	+0.0050%	8h	2,106.4	long leg	$7.8M	$273K	50x
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,110.7	+0.204%	$498K	$25K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,106.3	−0.006%	$2.4M	$620K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,107.8	+0.065%	$10K	$163K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0078%	8h	2,106.9	+0.022%	$270K	$258K	20x	as long as short
Entropy io:ANTH	+0.0094%	1h	2,152.6	+2.191%	$35.0M	$7.5M	6x	as long as short
Aevo ANTHROPIC-PERPshort	+0.0104%	1h	2,106.7	+0.014%	$10K	$63	10x