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: OKX against Aevo+2.841%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 OKX

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. OKX is 2.841% dearer against Aevo than usual: you sell high and buy low (spread +2.841% now, against zero (this spread has no 7-day history yet)): +$284 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ANTHROPIC-PERP	2,104.4	0.0104	pay 0.0013% / 1h	5m 16s	$10K	$63	10x
Short	OKX ANTHROPIC-USDT-SWAP	2,164.2	0	get 0.0000% / 8h	3h 05m	$4.8M	$876K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +2.841%Rate

Funding earned: −$21.84
Price spread: +2.841% → 0.000%: $284.05
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee OKX: 5 bp × 2 orders: −$10
Net: $236.21
Costs to cover: 0.260%
Break-even: from the start

Slippage unknown: Aevo: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago	0.23 bp	5.2 bp −$5	14.7 bp −$147	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	−0.0470%	8h	2,105.9	+0.071%	$42K	$67K	20x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,167.3	+2.988%	$1.8M	$957K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,150.3	+2.180%	$2.4M	$351K	25x	as long as short
OKX ANTHROPIC-USDT-SWAPshort	0.0000%	8h	2,164.2	+2.841%	$4.8M	$876K	10x
QFEX ANTHROPIC-USD	0.0000%	1h	2,104.7	+0.011%	$1.4M	$1.2M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,152.1	+2.266%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,103.9	−0.023%	$25.9M	$3.2M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,108.3	+0.184%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,104.3	−0.007%	$1.6M	$376K	10x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	+0.0008%	1h	2,123.7	+0.916%	$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
Lighter RH ANTHROPIC	+0.0032%	1h	2,163.1	+2.788%	$6.3M	$16.2M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,104.3	−0.008%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,104.1	−0.017%	$121K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,104.8	+0.019%	$32.0M	$8.1M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,104.2	−0.012%	$7.8M	$278K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,111	+0.312%	$477K	$20K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,104.6	+0.010%	$2.4M	$675K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,103.9	−0.025%	$10K	$156K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0072%	8h	2,104	−0.020%	$225K	$256K	20x	as long as short
Entropy io:ANTH	+0.0094%	1h	2,150.9	+2.209%	$34.8M	$7.6M	6x	as long as short
Aevo ANTHROPIC-PERPlong	+0.0104%	1h	2,104.4	long leg	$10K	$63	10x