Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.001%

Price spread now: Extended against KuCoin−0.216%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 Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.216% cheaper against KuCoin than usual: you would sell low and buy high, −$22 on $10k if it goes back to zero (this spread has no 7-day history yet).

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 38m	$498K	$25K	20x
Short	Extended ANTHROP-USD	2,106.2	0.0048	get 0.0006% / 1h	38m 12s	$19K	$22K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpOrdersPrice spread, now −0.216%Rate

Funding earned: −$0.42
Price spread: −0.216% → 0.000%: −$21.61
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$39.03
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago	18.56 bp	579.0 bp −$579	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	−0.0431%	8h	2,107.4	−0.158%	$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	2,167.5	+2.690%	$1.9M	$903K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,153.6	+2.029%	$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	2,106.7	−0.191%	$1.4M	$1.1M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,151.7	+1.939%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,105.2	−0.264%	$25.9M	$3.2M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,110.2	−0.025%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,106.9	−0.181%	$1.6M	$381K	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	+0.0031%	8h	2,106.6	−0.196%	$270K	$258K	20x	as long as short
Lighter RH ANTHROPIC	+0.0032%	1h	2,163.7	+2.510%	$6.3M	$16.2M	5x	as long as short
Extended ANTHROP-USDshort	+0.0048%	1h	2,106.2	−0.216%	$19K	$22K	10x
Aster ANTHROPICUSDT	+0.0050%	8h	2,106.7	−0.190%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,106.7	−0.191%	$32.1M	$8.3M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,106.6	−0.198%	$7.8M	$273K	50x	as long as short
KuCoin ANTHROPICUSDTMlong	+0.0050%	8h	2,110.7	long leg	$498K	$25K	20x
Variational Omni ANTHROPIC	+0.0050%	8h	2,106.3	−0.210%	$2.4M	$620K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,107.8	−0.140%	$10K	$163K	10x	as long as short
Entropy io:ANTH	+0.0095%	1h	2,152.7	+1.988%	$35.0M	$7.5M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,106.9	−0.181%	$10K	$63	10x	as long as short