Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0014%/8h= −1.5% APRpaid last 24h −0.004%

Price spread now: Extended against BloFin−0.052%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 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

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.052% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ANTHROPIC-USDT	2,107.6	0.0062	pay 0.0062% / 8h	2h 09m	$268K	$258K	20x
Short	Extended ANTHROP-USD	2,106.5	0.0048	get 0.0006% / 1h	9m 10s	$19K	$22K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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 BloFinbpFee ExtendedbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$2.86
Price spread: −0.052% → 0.000%: −$5.19
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$25.05
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 8 min ago; 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 BloFin live order book, 8 min ago	0.05 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

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-USDT	−0.0457%	8h	2,107.6	0.000%	$42K	$68K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0064%	1h	2,118.4	+0.514%	$267K	$25K	5x	as long as short
QFEX ANTHROPIC-USD	−0.0006%	1h	2,107	−0.028%	$1.4M	$1.2M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,166.6	+2.800%	$1.9M	$946K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,152.7	+2.142%	$2.3M	$425K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,164.8	+2.714%	$4.8M	$854K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,152.7	+2.138%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,105.3	−0.111%	$25.9M	$3.3M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,110.9	+0.157%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,108.1	+0.024%	$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	2,162.5	+2.605%	$6.3M	$16.3M	5x	as long as short
Extended ANTHROP-USDshort	+0.0048%	1h	2,106.5	−0.052%	$19K	$22K	10x
Aster ANTHROPICUSDT	+0.0050%	8h	2,107	−0.028%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,107.1	−0.023%	$32.1M	$8.4M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,106.9	−0.032%	$7.8M	$278K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,110.7	+0.149%	$498K	$25K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,106.7	−0.043%	$2.4M	$707K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,106.7	−0.041%	$10K	$160K	10x	as long as short
BloFin ANTHROPIC-USDTlong	+0.0062%	8h	2,107.6	long leg	$268K	$258K	20x
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,107	−0.026%	$10K	$63	10x	as long as short
Entropy io:ANTH	+0.0121%	1h	2,151.9	+2.102%	$34.9M	$7.5M	6x	as long as short