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: SunX against OKX−2.671%7-day average −2.792% · you buy dearer than you sell

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

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−1.533%−$153 · spread now −2.671%, 7d avg −2.792%

Together, before fees−1.533%−$153 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: SunX is 0.121% dearer against OKX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −2.792%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ANTHROPIC-USDT-SWAP	2,163.9	0	get 0.0000% / 8h	5h 23m	$4.8M	$901K	10x
Short	SunX ANTHROPIC-USDT	2,106.1	0	get 0.0000% / 8h	5h 23m	—	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −2.671%Rate

Funding earned: $0
Price spread: −2.671% → −2.792%: $12.13
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$5.87
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 4 min ago; SunX: live order book, 3 min ago. 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, 4 min ago	0.23 bp	11.9 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	496.13 bp	doesn't fit	doesn't fit	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	−0.0413%	8h	2,102.5	−2.836%	$41K	$67K	20x	as long as short
Coinbase International ANTHROPIC-PERP-INTX	−0.0144%	1h	2,123.7	−1.857%	$267K	$25K	5x	as long as short
QFEX ANTHROPIC-USD	−0.0004%	1h	2,102.3	−2.847%	$1.4M	$1.3M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,164.3	+0.018%	$1.9M	$895K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,150	−0.642%	$2.4M	$357K	25x	as long as short
OKX ANTHROPIC-USDT-SWAPlong	0.0000%	8h	2,163.9	long leg	$4.8M	$901K	10x
Gate ANTHROPIC_USDT	0.0000%	8h	2,151.3	−0.583%	$2.4M	$1.1M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,101.4	−2.887%	$25.7M	$3.0M	20x	as long as short
SunX ANTHROPIC-USDTshort	0.0000%	8h	2,106.1	−2.671%	—	$2.4M	10x
Phemex ANTHROPICUSDT	0.0000%	8h	2,103.6	−2.786%	$1.6M	$374K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ANTHROPIC-USDT	+0.0025%	8h	2,102.4	−2.842%	$269K	$255K	20x	as long as short
Lighter RH ANTHROPIC	+0.0032%	1h	2,166.1	+0.102%	$6.3M	$16.1M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,101.9	−2.867%	$19K	$22K	10x	as long as short
Aster ANTHROPICUSDT	+0.0050%	8h	2,102.5	−2.839%	$122K	$6K	10x	as long as short
Binance ANTHROPICUSDT	+0.0050%	8h	2,102.4	−2.842%	$31.9M	$8.1M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,102.5	−2.840%	$7.8M	$277K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,111.2	−2.434%	$477K	$20K	20x	as long as short
Variational Omni ANTHROPIC	+0.0050%	8h	2,101.8	−2.871%	$2.4M	$679K	—	as long as short
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,102.1	−2.855%	$10K	$148K	10x	as long as short
Entropy io:ANTH	+0.0089%	1h	2,157.4	−0.300%	$35.1M	$7.5M	6x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,102	−2.859%	$10K	—	10x	as long as short