Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%

Price spread now: Gate against Aevo+2.311%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Gate

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

The price spread pays, funding is against you. Gate is 2.311% dearer against Aevo than usual: you sell high and buy low (spread +2.311% now, against zero (this spread has no 7-day history yet)): +$231 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ANTHROPIC-PERP	2,103.6	0.0104	pay 0.0013% / 1h	7m 22s	$10K	$63	10x
Short	Gate ANTHROPIC_USDT	2,152.2	0	get 0.0000% / 8h	3h 07m	$2.4M	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aevo. 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 AevobpFee GatebpOrdersPrice spread, now +2.311%Rate

Funding earned: −$21.84
Price spread: +2.311% → 0.000%: $231.06
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $178.22
Costs to cover: 0.310%
Break-even: from the start

Slippage unknown: Aevo: no order-book sample; Gate: live order book, 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 Aevo no order-book sample	—	—	—	—	—
Sell Gate live order book, 5 min ago	5.76 bp	39.2 bp −$39	568.4 bp −$5,684	doesn't fit	doesn't fit

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	−0.0467%	8h	2,105.2	+0.080%	$42K	$67K	20x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,167.3	+3.030%	$1.8M	$957K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,150.6	+2.234%	$2.4M	$351K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,164.1	+2.878%	$4.8M	$876K	10x	as long as short
QFEX ANTHROPIC-USD	0.0000%	1h	2,103.9	+0.017%	$1.4M	$1.2M	10x	as long as short
Gate ANTHROPIC_USDTshort	0.0000%	8h	2,152.2	+2.311%	$2.4M	$1.1M	50x
Bitget ANTHROPICUSDT	0.0000%	8h	2,104	+0.022%	$25.9M	$3.2M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,108.3	+0.225%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,104.1	+0.024%	$1.6M	$378K	10x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	+0.0008%	1h	2,123.7	+0.958%	$267K	$25K	5x	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	+0.0021%	8h	2,104.1	+0.026%	$269K	$256K	20x	as long as short
Lighter RH ANTHROPIC	+0.0032%	1h	2,163.1	+2.830%	$6.3M	$16.2M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,103.4	−0.009%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,104.1	+0.027%	$121K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,104.1	+0.025%	$32.0M	$8.2M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,104.6	+0.049%	$7.8M	$278K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,111	+0.353%	$477K	$20K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,103.2	−0.019%	$2.4M	$675K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,103.9	+0.014%	$10K	$156K	10x	as long as short
Entropy io:ANTH	+0.0093%	1h	2,150.8	+2.246%	$34.8M	$7.6M	6x	as long as short
Aevo ANTHROPIC-PERPlong	+0.0104%	1h	2,103.6	long leg	$10K	$63	10x