Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against Bybit−1.952%7-day average — · you buy dearer than you sell

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

Long on Bybit 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 1.952% cheaper against Bybit than usual: you would sell low and buy high (spread −1.952% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$195 on $10k: about 2 months of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ANTHROPICUSDT	2,147.7	0	get 0.0000% / 8h	6h 55m	$2.3M	$433K	25x
Short	Aevo ANTHROPIC-PERP	2,105.8	0.0104	get 0.0013% / 1h	55m 05s	$10K	$63	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now −1.952%Rate

Funding earned: $21.84
Price spread: −1.952% → 0.000%: −$195.21
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$200.37
Costs to cover: 0.270%
Break-even: 71.2 days

Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago	34.26 bp	51.4 bp −$51	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 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	−0.0442%	8h	2,106.8	−1.904%	$42K	$68K	20x	as long as short
QFEX ANTHROPIC-USD	−0.0004%	1h	2,106.5	−1.919%	$1.4M	$1.0M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,166.9	+0.895%	$1.8M	$820K	5x	as long as short
Bybit ANTHROPICUSDTlong	0.0000%	8h	2,147.7	long leg	$2.3M	$433K	25x
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,165.1	+0.811%	$4.8M	$792K	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,151.9	+0.198%	$2.4M	$985K	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,105.6	−1.958%	$25.9M	$3.2M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,109.9	−1.759%	—	$2.1M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,106.5	−1.918%	$1.6M	$373K	10x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	+0.0008%	1h	2,117.9	−1.385%	$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	2,161.9	+0.662%	$6.4M	$16.0M	5x	as long as short
BloFin ANTHROPIC-USDT	+0.0048%	8h	2,106.5	−1.916%	$271K	$258K	20x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,105.4	−1.967%	$19K	$3K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,106.6	−1.914%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,106.1	−1.937%	$32.1M	$8.1M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,106.1	−1.938%	$7.8M	$255K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,114.7	−1.534%	$499K	$117K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,105.8	−1.950%	$2.3M	$630K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,108.3	−1.836%	$10K	$176K	10x	as long as short
Entropy io:ANTH	+0.0090%	1h	2,152.7	+0.234%	$35.1M	$7.4M	6x	as long as short
Aevo ANTHROPIC-PERPshort	+0.0104%	1h	2,105.8	−1.952%	$10K	$63	10x