Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%

Price spread now: OKX against Aevo+2.843%7-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 OKX

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 pays, funding is against you. OKX is 2.843% dearer against Aevo than usual: you sell high and buy low (spread +2.843% now, against zero (this spread has no 7-day history yet)): +$284 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ANTHROPIC-PERP	2,105.2	0.0104	pay 0.0013% / 1h	3m 21s	$10K	$63	10x
Short	OKX ANTHROPIC-USDT-SWAP	2,165.1	0	get 0.0000% / 8h	3m 21s	$4.8M	$849K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +2.843%Rate

Funding earned: −$21.84
Price spread: +2.843% → 0.000%: $284.34
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee OKX: 5 bp × 2 orders: −$10
Net: $236.5
Costs to cover: 0.260%
Break-even: from the start

Slippage unknown: Aevo: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago	0.23 bp	9.3 bp −$9	51.3 bp −$513	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	−0.0433%	8h	2,106	+0.037%	$42K	$69K	20x	as long as short
QFEX ANTHROPIC-USD	−0.0002%	1h	2,105.6	+0.017%	$1.4M	$1.1M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,169.7	+3.062%	$1.9M	$883K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,155.2	+2.373%	$2.3M	$422K	25x	as long as short
OKX ANTHROPIC-USDT-SWAPshort	0.0000%	8h	2,165.1	+2.843%	$4.8M	$849K	10x
Gate ANTHROPIC_USDT	0.0000%	8h	2,153.6	+2.297%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,105.4	+0.009%	$25.9M	$3.2M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,109.9	+0.221%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,105.8	+0.029%	$1.6M	$381K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0025%	8h	2,105.1	−0.009%	$271K	$258K	20x	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	2,165.6	+2.867%	$6.4M	$16.8M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,105.1	−0.008%	$19K	$5K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,106.3	+0.052%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,105.6	+0.017%	$32.1M	$8.2M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,105.6	+0.015%	$7.8M	$272K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,112.8	+0.359%	$499K	$39K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,104.6	−0.031%	$2.3M	$651K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,107.1	+0.090%	$10K	$170K	10x	as long as short
Entropy io:ANTH	+0.0097%	1h	2,154.1	+2.321%	$35.0M	$7.5M	6x	as long as short
Aevo ANTHROPIC-PERPlong	+0.0104%	1h	2,105.2	long leg	$10K	$63	10x
Coinbase International ANTHROPIC-PERP-INTX	+0.0128%	1h	2,117.9	+0.603%	$267K	$28K	5x	as long as short