Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against MEXC+0.128%7-day average −0.013% · you sell dearer than you buy

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

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)0.000%$0 on $10k

Price spread, last 7 days−0.139%−$14 · spread now +0.128%, 7d avg −0.013%

Together, before fees−0.139%+ Points / potential airdropVariational Omni: Active · farm board−$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.141% dearer against MEXC than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ANTHROPIC_USDT	2,107.7	0.0050	pay 0.0050% / 8h	4h 07m	$7.7M	$244K	50x
Short	Variational Omni ANTHROPIC	2,110.3	0.0050	get 0.0050% / 8h	4h 07m	$2.3M	$680K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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 MEXCbpFee Variational OmnibpOrdersPrice spread, now +0.128%Rate

Funding earned: $0
Price spread: +0.128% → −0.013%: $14.11
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $14.11
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: MEXC: live order book, 3 min ago; Variational Omni: RFQ quote, 5 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 MEXC live order book, 3 min ago	1.28 bp	3.3 bp −$3	89.0 bp −$890	407.0 bp −$40.7K	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	4.12 bp	doesn't fit	58.8 bp −$588	doesn't fit	doesn't fit

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	−0.0393%	8h	2,111.5	+0.181%	$42K	$70K	20x	as long as short
QFEX ANTHROPIC-USD	−0.0001%	1h	2,107.9	+0.011%	$1.4M	$1.0M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,170	+2.958%	$1.9M	$825K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,151.7	+2.091%	$2.3M	$360K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,168.1	+2.868%	$4.8M	$646K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,155.9	+2.289%	$2.5M	$997K	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,107.7	+0.001%	$26.0M	$3.0M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,112.1	+0.211%	—	$1.6M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,107.7	+0.003%	$1.6M	$342K	10x	as long as short
Lighter RH ANTHROPIC	+0.0032%	1h	2,164.9	+2.716%	$6.3M	$17.2M	5x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International ANTHROPIC-PERP-INTX	+0.0040%	1h	2,121.3	+0.649%	$268K	$22K	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,107.1	−0.027%	$10K	$11K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,107.9	+0.013%	$122K	$7K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,107.9	+0.011%	$32.3M	$7.3M	20x	as long as short
MEXC ANTHROPIC_USDTlong	+0.0050%	8h	2,107.7	long leg	$7.7M	$244K	50x
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,119.1	+0.544%	$501K	$304K	20x	as long as short
Variational Omni ANTHROPICshort	+0.0050%	8h	2,110.3	+0.128%	$2.3M	$680K	—
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,110.7	+0.142%	$10K	$198K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0078%	8h	2,110.8	+0.149%	$274K	$245K	20x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,109.3	+0.079%	$10K	$63	10x	as long as short
Entropy io:ANTH	+0.0118%	1h	2,156.4	+2.313%	$35.0M	$6.7M	6x	as long as short