Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%

Price spread now: Aster against Aevo+0.009%49s7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds 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. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ANTHROPIC-PERP	2,105.3	0.0104	pay 0.0013% / 1h	43m 33s	$10K	$63	10x
Short	Aster ANTHROPICUSDT	2,105.5	0.0050	get 0.0050% / 8h	3h 43m	$121K	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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 AevobpFee AsterbpOrdersPrice spread, now +0.009%Rate

Funding earned: −$11.34
Price spread: +0.009% → 0.000%: $0.85
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: −$34.49
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Aster: live order book, 7 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 Aevo no order-book sample	—	—	—	—	—
Sell Aster live order book, 7 min ago	59.71 bp	64.9 bp −$65	doesn't fit	doesn't fit	doesn't fit

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	−0.0446%	8h	2,105.8	+0.025%	$42K	$67K	20x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,166.2	+2.893%	$1.8M	$945K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,151.6	+2.199%	$2.4M	$351K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,164.3	+2.803%	$4.8M	$870K	10x	as long as short
QFEX ANTHROPIC-USD	0.0000%	1h	2,105.5	+0.008%	$1.4M	$1.2M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,153	+2.266%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,104.3	−0.047%	$25.9M	$3.1M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,109.1	+0.181%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,105	−0.014%	$1.6M	$376K	10x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	+0.0008%	1h	2,123.7	+0.875%	$267K	$25K	5x	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	2,161.1	+2.651%	$6.2M	$15.7M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,104.9	−0.019%	$19K	$22K	10x	as long as short
Entropy io:ANTH	+0.0050%	1h	2,149.7	+2.110%	$34.8M	$7.6M	6x	as long as short
Aster ANTHROPICUSDTshort	+0.0050%	8h	2,105.5	+0.009%	$121K	$6K	10x
Binance ANTHROPICUSDT	+0.0050%	8h	2,105.5	+0.011%	$32.0M	$8.1M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,105.3	+0.002%	$7.8M	$276K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,110.7	+0.256%	$477K	$20K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,104.7	−0.026%	$2.4M	$689K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,105.9	+0.028%	$10K	$154K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0077%	8h	2,105.7	+0.018%	$269K	$257K	20x	as long as short
Aevo ANTHROPIC-PERPlong	+0.0104%	1h	2,105.3	long leg	$10K	$63	10x