Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.001%

Price spread now: Extended against Aster+0.030%7-day average — · you sell dearer than you buy

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

Long on Aster 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 airdropAster: Stage 5 · Extended: 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 0.030% dearer against Aster than usual: you sell high and buy low, +$3 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	Aster ANTHROPICUSDT	2,106.1	0.0050	pay 0.0050% / 8h	6h 57m	$122K	$6K	10x
Short	Extended ANTHROP-USD	2,106.7	0.0048	get 0.0006% / 1h	57m 39s	$19K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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 AsterbpFee ExtendedbpOrdersPrice spread, now +0.030%Rate

Funding earned: −$0.42
Price spread: +0.030% → 0.000%: $2.97
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$10.45
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 33 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 Aster live order book, 33 min ago	59.53 bp	116.4 bp −$116	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	−0.0453%	8h	2,106.4	+0.016%	$42K	$68K	20x	as long as short
QFEX ANTHROPIC-USD	−0.0004%	1h	2,108	+0.089%	$1.4M	$1.0M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,167.3	+2.906%	$1.8M	$818K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,151.6	+2.161%	$2.3M	$423K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,165.6	+2.825%	$4.8M	$795K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,154	+2.274%	$2.4M	$978K	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,105.8	−0.016%	$25.9M	$3.2M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,109.8	+0.175%	—	$2.1M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,106.5	+0.020%	$1.6M	$372K	10x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	+0.0008%	1h	2,117.9	+0.562%	$267K	$26K	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	2,162.6	+2.682%	$6.4M	$16.0M	5x	as long as short
Extended ANTHROP-USDshort	+0.0048%	1h	2,106.7	+0.030%	$19K	$3K	10x
Aster ANTHROPICUSDTlong	+0.0050%	8h	2,106.1	long leg	$122K	$6K	10x
Binance ANTHROPICUSDT	+0.0050%	8h	2,105.8	−0.014%	$32.1M	$8.1M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,105.9	−0.012%	$7.8M	$255K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,114.8	+0.411%	$500K	$115K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,106.6	+0.025%	$2.3M	$630K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,108.7	+0.124%	$10K	$176K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0070%	8h	2,107.5	+0.066%	$270K	$257K	20x	as long as short
Entropy io:ANTH	+0.0095%	1h	2,152.8	+2.217%	$35.1M	$7.4M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,107.3	+0.058%	$10K	$63	10x	as long as short