Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against OKX−2.753%7-day average — · you buy dearer than you sell

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

Long on OKX 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 2.753% cheaper against OKX than usual: you would sell low and buy high (spread −2.753% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$275 on $10k: about 3 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	OKX ANTHROPIC-USDT-SWAP	2,165.1	0	get 0.0000% / 8h	6m 56s	$4.8M	$850K	10x
Short	Aevo ANTHROPIC-PERP	2,105.5	0.0104	get 0.0013% / 1h	6m 56s	$10K	$63	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against OKX. 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 OKXbpFee AevobpOrdersPrice spread, now −2.753%Rate

Funding earned: $21.84
Price spread: −2.753% → 0.000%: −$275.26
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$279.42
Costs to cover: 0.260%
Break-even: 96.6 days

Slippage unknown: OKX: live order book, 1 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 OKX live order book, 1 min ago	0.23 bp	31.6 bp −$32	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	−0.0432%	8h	2,106.9	−2.689%	$41K	$69K	20x	as long as short
QFEX ANTHROPIC-USD	−0.0002%	1h	2,105.9	−2.735%	$1.4M	$1.1M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,169.6	+0.208%	$1.9M	$880K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,155.3	−0.451%	$2.3M	$422K	25x	as long as short
OKX ANTHROPIC-USDT-SWAPlong	0.0000%	8h	2,165.1	long leg	$4.8M	$850K	10x
Gate ANTHROPIC_USDT	0.0000%	8h	2,153.6	−0.530%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,104.9	−2.779%	$25.9M	$3.2M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,110.1	−2.540%	—	$2.4M	10x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,106.2	−2.719%	$1.6M	$383K	10x	as long as short
Lighter RH ANTHROPIC	+0.0032%	1h	2,165.9	+0.037%	$6.4M	$16.8M	5x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ANTHROP-USD	+0.0048%	1h	2,105.4	−2.758%	$19K	$5K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,106.4	−2.709%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,105.9	−2.736%	$32.1M	$8.3M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,105.7	−2.742%	$7.8M	$272K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,112.8	−2.416%	$499K	$34K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,105.3	−2.762%	$2.3M	$651K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,107.4	−2.664%	$10K	$170K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0060%	8h	2,106.2	−2.721%	$270K	$258K	20x	as long as short
Entropy io:ANTH	+0.0103%	1h	2,155	−0.466%	$35.1M	$7.5M	6x	as long as short
Aevo ANTHROPIC-PERPshort	+0.0104%	1h	2,105.5	−2.753%	$10K	$63	10x
Coinbase International ANTHROPIC-PERP-INTX	+0.0128%	1h	2,117.9	−2.178%	$267K	$28K	5x	as long as short