Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0036%/8h= +4.0% APRpaid last 24h +0.012%

Price spread now: Aevo against BloFin−0.021%7-day average — · you buy dearer than you sell

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

Long on BloFin 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

Funding pays, the price is against you. Aevo is 0.021% cheaper against BloFin than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 46 hours of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ANTHROPIC-USDT	2,110.7	0.0068	pay 0.0068% / 8h	4h 54m	$275K	$251K	20x
Short	Aevo ANTHROPIC-PERP	2,110.3	0.0104	get 0.0013% / 1h	54m 58s	$10K	$63	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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 BloFinbpFee AevobpOrdersPrice spread, now −0.021%Rate

Funding earned: $7.59
Price spread: −0.021% → 0.000%: −$2.08
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$22.49
Costs to cover: 0.280%
Break-even: 27.7 days

Slippage unknown: BloFin: live order book, 44 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 BloFin live order book, 44 min ago	0.69 bp	15.3 bp −$15	doesn't fit	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 21 exchanges

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	−0.0383%	8h	2,111	+0.016%	$42K	$70K	20x	as long as short
QFEX ANTHROPIC-USD	−0.0001%	1h	2,110.8	+0.005%	$1.4M	$1.0M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,169.2	+2.772%	$1.9M	$810K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,151.8	+1.945%	$2.3M	$372K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,168.1	+2.719%	$4.8M	$663K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,158.3	+2.254%	$2.5M	$989K	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,109.9	−0.039%	$26.0M	$3.1M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,115	+0.204%	—	$1.6M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,109.1	−0.078%	$1.6M	$356K	10x	as long as short
Lighter RH ANTHROPIC	+0.0032%	1h	2,163.6	+2.506%	$6.1M	$16.4M	5x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International ANTHROPIC-PERP-INTX	+0.0040%	1h	2,121.3	+0.503%	$268K	$25K	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,109.9	−0.039%	$10K	$11K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,110.7	−0.002%	$122K	$7K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,110.6	−0.005%	$32.3M	$7.5M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,110.6	−0.003%	$7.8M	$237K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,119.6	+0.421%	$500K	$253K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,111.1	+0.020%	$2.3M	$715K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,111.4	+0.033%	$10K	$194K	10x	as long as short
BloFin ANTHROPIC-USDTlong	+0.0068%	8h	2,110.7	long leg	$275K	$251K	20x
Aevo ANTHROPIC-PERPshort	+0.0104%	1h	2,110.3	−0.021%	$10K	$63	10x
Entropy io:ANTH	+0.0140%	1h	2,153.6	+2.033%	$35.0M	$7.0M	6x	as long as short