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: Aster against Variational Omni+0.004%7-day average +0.118% · you sell dearer than you buy

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

Long on Variational Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.004%, 7d avg +0.118%

Together, before fees−0.086%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$9 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: Aster is 0.114% cheaper against Variational Omni than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.118%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ANTHROPIC	2,112	0.0050	pay 0.0050% / 8h	7h 50m	$2.4M	$663K	—
Short	Aster ANTHROPICUSDT	2,112.1	0.0050	get 0.0050% / 8h	7h 50m	$122K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee AsterbpOrdersPrice spread, now +0.004%Rate

Funding earned: $0
Price spread: +0.004% → +0.118%: −$11.37
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$19.37
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Aster: live order book, 21 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 Variational Omni RFQ quote, 4 min ago	3.36 bp	doesn't fit	45.5 bp −$455	doesn't fit	doesn't fit
Sell Aster live order book, 21 min ago	59.96 bp	64.4 bp −$64	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
Coinbase International ANTHROPIC-PERP-INTX	−0.0080%	1h	2,123.7	+0.556%	$267K	$26K	5x	as long as short
QFEX ANTHROPIC-USD	0.0000%	1h	2,111.7	−0.014%	$1.4M	$1.5M	10x	as long as short
Lighter ANTHROPIC	0.0000%	1h	2,170.7	+2.781%	$1.9M	$893K	5x	as long as short
Bybit ANTHROPICUSDT	0.0000%	8h	2,158.8	+2.216%	$2.4M	$380K	25x	as long as short
OKX ANTHROPIC-USDT-SWAP	0.0000%	8h	2,173.4	+2.909%	$4.8M	$1.1M	10x	as long as short
Gate ANTHROPIC_USDT	0.0000%	8h	2,158.7	+2.213%	$2.5M	$1.2M	50x	as long as short
Bitget ANTHROPICUSDT	0.0000%	8h	2,108.7	−0.157%	$25.9M	$3.2M	20x	as long as short
SunX ANTHROPIC-USDT	0.0000%	8h	2,111.9	−0.003%	—	$2.6M	10x	as long as short
HTX ANTHROPIC-USDT	0.0000%	8h	2,112.2	+0.013%	$42K	$70K	20x	as long as short
Phemex ANTHROPICUSDT	0.0000%	8h	2,111.1	−0.041%	$1.6M	$382K	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	2,174.2	+2.947%	$6.3M	$16.7M	5x	as long as short
Extended ANTHROP-USD	+0.0048%	1h	2,112.2	+0.011%	$19K	$38K	10x	as long as short
Aster ANTHROPICUSDTshort	+0.0050%	8h	2,112.1	+0.004%	$122K	$7K	10x
Binance ANTHROPICUSDT	+0.0050%	8h	2,112.6	+0.032%	$32.0M	$8.4M	20x	as long as short
MEXC ANTHROPIC_USDT	+0.0050%	8h	2,112.5	+0.024%	$7.8M	$276K	50x	as long as short
KuCoin ANTHROPICUSDTM	+0.0050%	8h	2,120	+0.378%	$478K	$21K	20x	as long as short
Variational Omni ANTHROPIClong	+0.0050%	8h	2,112	long leg	$2.4M	$663K	—
GRVT ANTHROPIC_USDT_Perp	+0.0050%	8h	2,113.9	+0.092%	$10K	$156K	10x	as long as short
BloFin ANTHROPIC-USDT	+0.0056%	8h	2,112.6	+0.030%	$267K	$260K	20x	as long as short
Aevo ANTHROPIC-PERP	+0.0104%	1h	2,112.6	+0.032%	$10K	—	10x	as long as short
Entropy io:ANTH	+0.0105%	1h	2,166.3	+2.573%	$35.2M	$7.7M	6x	as long as short