Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%

Price spread now: Aevo against KuCoin−0.087%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on Aevo

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

Funding pays, the price is against you. Aevo is 0.087% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 5.4 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ANTHROPICUSDTM	2,110.7	0.0050	pay 0.0050% / 8h	1h 24m	$498K	$25K	20x
Short	Aevo ANTHROPIC-PERP	2,108.9	0.0104	get 0.0013% / 1h	24m 21s	$10K	$63	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against KuCoin. 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 KuCoinbpFee AevobpOrdersPrice spread, now −0.087%Rate

Funding earned: $11.34
Price spread: −0.087% → 0.000%: −$8.72
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$25.38
Costs to cover: 0.280%
Break-even: 22.7 days

Slippage unknown: KuCoin: live order book, 19 min ago; Aevo: 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 KuCoin live order book, 19 min ago	18.56 bp	579.0 bp −$579	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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	−0.0431%	8h	2,109.2	−0.075%	$42K	$68K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0080%	1h	2,120.7	+0.472%	$267K	$25K	5x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,168	+2.713%	$1.9M	$904K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,154.8	+2.090%	$2.3M	$423K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,164.5	+2.547%	$4.8M	$849K	10x	as long as short
QFEX ANTHROPIC-USD	0.0000%	1h	2,108.7	−0.095%	$1.4M	$1.1M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,153.4	+2.020%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,105.7	−0.237%	$25.9M	$3.2M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,111.9	+0.055%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,108.4	−0.109%	$1.6M	$384K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ANTHROPIC-USDT	+0.0020%	8h	2,109.1	−0.076%	$270K	$260K	20x	as long as short
Lighter RH ANTHROPIC	+0.0032%	1h	2,164.7	+2.557%	$6.4M	$16.5M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,108.3	−0.117%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,108.8	−0.092%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,108.8	−0.093%	$32.2M	$8.3M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,108.5	−0.106%	$7.8M	$274K	50x	as long as short
KuCoin ANTHROPICUSDTMlong	+0.0050%	8h	2,110.7	long leg	$498K	$25K	20x
Variational Omni ANTHROPIC	+0.0050%	8h	2,108.6	−0.099%	$2.3M	$648K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,107.1	−0.171%	$10K	$165K	10x	as long as short
Entropy io:ANTH	+0.0101%	1h	2,153.4	+2.022%	$35.0M	$7.6M	6x	as long as short
Aevo ANTHROPIC-PERPshort	+0.0104%	1h	2,108.9	−0.087%	$10K	$63	10x