Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against OKX−2.664%7-day average — · you buy dearer than you sell

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

Long on OKX 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 2.664% cheaper against OKX than usual: you would sell low and buy high (spread −2.664% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$266 on $10k: about 3 months of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ANTHROPIC-USDT-SWAP	2,165.1	0	get 0.0000% / 8h	4h 08m	$4.8M	$865K	10x
Short	Aevo ANTHROPIC-PERP	2,107.4	0.0104	get 0.0013% / 1h	8m 00s	$10K	$63	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against OKX. 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 OKXbpFee AevobpOrdersPrice spread, now −2.664%Rate

Funding earned: $21.84
Price spread: −2.664% → 0.000%: −$266.4
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$270.56
Costs to cover: 0.260%
Break-even: 93.7 days

Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago	0.23 bp	24.0 bp −$24	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	−0.0429%	8h	2,108.5	−2.617%	$42K	$67K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0280%	1h	2,123.7	−1.912%	$267K	$25K	5x	as long as short
QFEX ANTHROPIC-USD	−0.0002%	1h	2,107.7	−2.651%	$1.4M	$1.2M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,166.3	+0.055%	$1.9M	$951K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,150.4	−0.679%	$2.4M	$351K	25x	as long as short
OKX ANTHROPIC-USDT-SWAPlong	0.0000%	8h	2,165.1	long leg	$4.8M	$865K	10x
Gate ANTHROPIC_USDT	0.0000%	8h	2,154.7	−0.482%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,105.1	−2.772%	$26.0M	$3.0M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,111.6	−2.471%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,108.6	−2.610%	$1.6M	$375K	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	2,163.9	−0.055%	$6.2M	$16.1M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,107	−2.683%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,107.8	−2.646%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,107.6	−2.658%	$32.0M	$8.1M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,107.4	−2.663%	$7.8M	$279K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,110.7	−2.514%	$477K	$20K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,107.2	−2.676%	$2.4M	$681K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,107.2	−2.676%	$10K	$151K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0051%	8h	2,107.7	−2.650%	$270K	$257K	20x	as long as short
Entropy io:ANTH	+0.0081%	1h	2,152.7	−0.573%	$34.9M	$7.6M	6x	as long as short
Aevo ANTHROPIC-PERPshort	+0.0104%	1h	2,107.4	−2.664%	$10K	$63	10x