Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.014%

Price spread now: Bitget against Extended+0.045%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.101%−$10 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

The price spread pays, funding is against you. Bitget is 0.045% dearer against Extended than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ANTHROP-USD	2,101.8	0.0048	pay 0.0006% / 1h	45m 22s	$19K	$22K	10x
Short	Bitget ANTHROPICUSDT	2,102.7	0	get 0.0000% / 8h	2h 45m	$25.8M	$3.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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 ExtendedbpFee BitgetbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$10.08
Price spread: +0.045% → 0.000%: $4.48
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$22.6
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; Bitget: live order book, 3 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 Extended no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	0.79 bp	7.1 bp −$7	30.5 bp −$305	doesn't fit	doesn't fit

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	−0.0470%	8h	2,102.8	+0.048%	$42K	$68K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0064%	1h	2,113.5	+0.556%	$267K	$25K	5x	as long as short
QFEX ANTHROPIC-USD	−0.0006%	1h	2,102.3	+0.026%	$1.4M	$1.2M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,166.1	+3.060%	$1.8M	$945K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,152.9	+2.430%	$2.3M	$427K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,164.2	+2.970%	$4.8M	$857K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,150	+2.296%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDTshort	0.0000%	8h	2,102.7	+0.045%	$25.8M	$3.3M	20x
SunX ANTHROPIC-USDT	0.0000%	8h	2,106	+0.201%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,102.4	+0.028%	$1.5M	$380K	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	2,163.2	+2.922%	$6.3M	$15.8M	5x	as long as short
Extended ANTHROP-USDlong	+0.0048%	1h	2,101.8	long leg	$19K	$22K	10x
Aster ANTHROPICUSDT	+0.0050%	8h	2,102.2	+0.020%	$121K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,102.2	+0.018%	$32.0M	$8.3M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,102.5	+0.032%	$7.8M	$276K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,111.1	+0.445%	$477K	$20K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,101.8	+0.003%	$2.4M	$706K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,103.5	+0.084%	$10K	$156K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0064%	8h	2,102.3	+0.024%	$225K	$257K	20x	as long as short
Entropy io:ANTH	+0.0089%	1h	2,150.2	+2.304%	$34.8M	$7.6M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,102.5	+0.033%	$10K	$63	10x	as long as short