Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Bitget+2.816%7-day average +2.716% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$410.408% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.231%+$23 · spread now +2.816%, 7d avg +2.716%

Together, before fees+0.231%+$23 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.101% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +2.716%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ANTHROPICUSDT	2,105.2	0	get 0.0000% / 8h	1h 39m	$25.9M	$3.2M	20x
Short	OKX ANTHROPIC-USDT-SWAP	2,164.5	0	get 0.0000% / 8h	1h 39m	$4.8M	$850K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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 BitgetbpFee OKXbpOrdersPrice spread, now +2.816%Rate

Funding earned: $0
Price spread: +2.816% → +2.716%: $10.05
Slippage, 4 orders: −$18.77
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$30.71
Costs to cover: 0.408%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 3 min ago.

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 Bitget live order book, 4 min ago	0.74 bp	10.4 bp −$10	14.9 bp −$149	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.23 bp	5.7 bp −$6	45.2 bp −$452	doesn't fit	doesn't fit

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	2,107.1	+0.090%	$42K	$68K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0080%	1h	2,120.7	+0.736%	$267K	$25K	5x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,167.5	+2.959%	$1.8M	$900K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,153.2	+2.280%	$2.3M	$423K	25x	as long as short
OKX ANTHROPIC-USDT-SWAPshort	0.0000%	8h	2,164.5	+2.816%	$4.8M	$850K	10x
QFEX ANTHROPIC-USD	0.0000%	1h	2,106.5	+0.059%	$1.4M	$1.1M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,152.9	+2.265%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDTlong	0.0000%	8h	2,105.2	long leg	$25.9M	$3.2M	20x
SunX ANTHROPIC-USDT	0.0000%	8h	2,110.1	+0.232%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,106.1	+0.044%	$1.6M	$381K	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	2,163.7	+2.778%	$6.3M	$16.2M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,106.2	+0.045%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,106.7	+0.072%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,106.7	+0.071%	$32.1M	$8.3M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,106.9	+0.079%	$7.8M	$273K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,110.7	+0.262%	$498K	$25K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,106.3	+0.052%	$2.4M	$620K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,107.8	+0.121%	$10K	$163K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0078%	8h	2,106.9	+0.081%	$270K	$258K	20x	as long as short
Entropy io:ANTH	+0.0095%	1h	2,152.7	+2.256%	$35.0M	$7.5M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,107	+0.087%	$10K	$63	10x	as long as short