Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%

Price spread now: Aevo against Binance−0.019%48s7-day average — · you buy dearer than you sell

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

Long on Binance 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ANTHROPICUSDT	2,103.1	0.0050	pay 0.0050% / 8h	5h 51m	$31.9M	$8.1M	20x
Short	Aevo ANTHROPIC-PERP	2,102.7	0.0104	get 0.0013% / 1h	51m 29s	$10K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.019%Rate

Funding earned: $11.34
Price spread: −0.019% → 0.000%: −$1.91
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$16.57
Costs to cover: 0.260%
Break-even: 17.2 days

Slippage unknown: Binance: 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 Binance live order book, 5 min ago	1.33 bp	15.2 bp −$15	37.8 bp −$378	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 20 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	−0.0390%	8h	2,104.1	+0.043%	$41K	$67K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0144%	1h	2,123.7	+0.978%	$267K	$25K	5x	as long as short
QFEX ANTHROPIC-USD	−0.0004%	1h	2,103.1	−0.001%	$1.4M	$1.3M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,166.8	+3.027%	$1.9M	$873K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,150	+2.229%	$2.4M	$362K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,166	+2.989%	$4.8M	$953K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,151.8	+2.315%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,102.1	−0.052%	$25.8M	$3.0M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,106.8	+0.174%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,102.8	−0.018%	$1.5M	$372K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ANTHROPIC	+0.0032%	1h	2,169.1	+3.136%	$6.2M	$15.9M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,102.6	−0.027%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,103.2	+0.002%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDTlong	+0.0050%	8h	2,103.1	long leg	$31.9M	$8.1M	20x
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,103.8	+0.033%	$7.8M	$276K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,114.6	+0.547%	$478K	$20K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,103	−0.006%	$2.4M	$679K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,103.4	+0.014%	$10K	$147K	10x	as long as short
Aevo ANTHROPIC-PERPshort	+0.0104%	1h	2,102.7	−0.019%	$10K	—	10x
Entropy io:ANTH	+0.0139%	1h	2,161.3	+2.765%	$35.2M	$7.5M	6x	as long as short