Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.014%

Price spread now: Bybit against Extended+1.890%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 Bybit

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. Bybit is 1.890% dearer against Extended than usual: you sell high and buy low (spread +1.890% now, against zero (this spread has no 7-day history yet)): +$189 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ANTHROP-USD	2,110.6	0.0048	pay 0.0006% / 1h	43m 55s	$10K	$11K	10x
Short	Bybit ANTHROPICUSDT	2,150.5	0	get 0.0000% / 8h	4h 43m	$2.3M	$372K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +1.890%Rate

Funding earned: −$10.08
Price spread: +1.890% → 0.000%: $189
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $162.92
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Extended: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago	34.90 bp	62.0 bp −$62	316.1 bp −$3,161	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 exchanges

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	−0.0377%	8h	2,112.7	+0.100%	$43K	$70K	20x	as long as short
QFEX ANTHROPIC-USD	−0.0001%	1h	2,110.1	−0.026%	$1.4M	$1.0M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,170.8	+2.852%	$1.9M	$811K	5x	as long as short
Bybit ANTHROPICUSDTshort	0.0000%	8h	2,150.5	+1.890%	$2.3M	$372K	25x
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,166.9	+2.668%	$4.8M	$657K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,158.3	+2.261%	$2.5M	$994K	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,110	−0.028%	$26.0M	$3.1M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,115.6	+0.237%	—	$1.6M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,111.5	+0.040%	$1.6M	$354K	10x	as long as short
Lighter RH ANTHROPIC	+0.0032%	1h	2,165.4	+2.596%	$6.1M	$16.6M	5x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ANTHROPIC-USDT	+0.0035%	8h	2,110.5	−0.005%	$276K	$247K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	+0.0040%	1h	2,121.3	+0.508%	$268K	$25K	5x	as long as short
Extended ANTHROP-USDlong	+0.0048%	1h	2,110.6	long leg	$10K	$11K	10x
Aster ANTHROPICUSDT	+0.0050%	8h	2,111.6	+0.050%	$122K	$7K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,111.3	+0.033%	$32.3M	$7.5M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,111.6	+0.049%	$7.8M	$239K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,120.1	+0.451%	$500K	$267K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,108.9	−0.081%	$2.3M	$722K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,109.8	−0.037%	$10K	$194K	10x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,110.8	+0.009%	$10K	$63	10x	as long as short
Entropy io:ANTH	+0.0136%	1h	2,154.9	+2.099%	$35.0M	$6.9M	6x	as long as short