Pre-IPO perp · up to 50x · 18 venues

Anthropic pre-IPO perp

Anthropic is privately held; its perpetual futures track a reference price set by each venue. At 18:13 UTC on November 11, 2026, the contract traded at a median $1,399.39 (+8.49% over 24 hours), with $284.8M in open interest across 18 venues, led by Binance with 40%. Venues set their own reference prices and range from $1,396.08 to $1,840.70. Maximum leverage is 50x, on Gate; open-interest-weighted funding is 12.7% annualized.

Get Real-Time ANTHROPIC Trade Alerts

Big position builds, funding swings and 10% days, by email. Unsubscribe in one click.

As of
  • Entropy, 13 markets
  • Lighter, 209 markets
  • Aster, 578 markets
  • QFEX, 237 markets
  • Nado, 74 markets
  • Kraken Futures, 209 markets
  • Variational, 588 markets
  • edgeX, 157 markets
  • GRVT, 184 markets
  • Aevo, 102 markets
  • Bitget, 930 markets
  • Gate, 1077 markets
  • MEXC, 1204 markets
  • HTX, 410 markets
  • KuCoin, 721 markets
  • Deribit, 144 markets
  • Phemex, 147 markets
  • Binance, 758 markets

ANTHROPIC at your leverage

Filter Data

$1,000 at 10x: a $10,000 position, $100 per 1% move

Liquidation price
$1,272.17
−9.1% from $1,399.39 on Gate
Position
$10,000
+$100 for each 1% move
Today at 10x
+$849
+85% of margin from the 24-hour change
Hold a day
$0.00
Funding and borrow at today's rate
ANTHROPIC at 10x long by venue
VenueOffers 10xLiquidationRoomHold a day
GateYes$1,272.17−9.1%$0.00
MEXCYes$1,272.17−9.1%−$1.50
QFEXYes$1,291.74−7.7%+$0.07
BitgetYes$1,291.74−7.7%−$1.50
HTXYes$1,291.74−7.7%−$1.50
KuCoinYes$1,291.74−7.7%−$1.50
EntropyYes$1,302.88−6.9%−$4.94
Kraken FuturesYes$1,325.74−5.3%−$1.50
AevoYes$1,325.74−5.3%−$3.12
PhemexYes$1,325.74−5.3%$0.00

Below 10x:Lighter Nado edgeX Deribit Aster cap not publishedVariational cap not publishedGRVT cap not publishedBinance cap not published

ANTHROPIC perpetual market

Funding spread 96.6% · long QFEX, short edgeX · Price dispersion 3177 bps

Shorts pay Longs pay (blue tint: negative funding, red tint: positive funding, stronger at larger rates)
View

Dimmed: 8 venues that cap below your 10x.

Binance · dailyANTHROPICUSDT––$115.2M–40%not read–––
Entropyio:ANTH$1,840.70+8.51%$101.5M–36%$70.8M0.70x+18.0%15x
MEXCANTHROPIC_USDT$1,398.38+6.73%$30.4M–11%$5.7M0.19x+5.5%50x
BitgetANTHROPICUSDT$1,400.82+5.74%$21.9M–7.7%$118.2M5.39x+5.5%20x
VariationalANTHROPIC$1,399.15+6.73%$3.0M–1.1%$1.7M0.58x+5.5%–
QFEXANTHROPIC-USD$1,397.79+6.70%$3.0M–1.1%$8.1M2.68x-0.2%20x
LighterANTHROPIC$1,832.90+7.81%$2.8M–1.0%$7.2M2.59x+1.8%5x
GateANTHROPIC_USDT$1,427.56+6.06%$2.2M–0.8%$6.3M2.88x0.0%50x
PhemexANTHROPICUSDT$1,398.92+6.64%$1.5M–0.5%$852.9K0.58x0.0%10x
KuCoinANTHROPICUSDTM$1,403.98+6.19%$1.1M–0.4%$990.5K0.94x+5.5%20x
AsterANTHROPICUSDT$1,398.02+8.12%$972.3K–0.3%$2.7M2.81x+5.5%–
DeribitANTH_USDC-PERPETUAL$1,413.50+6.84%$927.6K–0.3%$513.7K0.55x-0.1%5x
Kraken FuturesPF_ANTHROPICXUSD$1,470.02-3.44%$217.4K–<0.1%$63.5K0.29x+5.5%10x
HTXANTHROPIC-USDT$1,399.39+6.82%$98.5K–<0.1%$143.0K1.45x+5.5%20x
NadoANTHROPIC-PERP$1,399.31+6.67%$37.4K–<0.1%$23.1K0.62x+13.0%5x
AevoANTHROPIC-PERP$1,396.08–$6.3K–<0.1%not published–+11.4%10x
GRVTANTHROPIC_USDT_Perp$1,400.12+6.76%$5.1K–<0.1%$87.7K17.35x+5.5%–
edgeXANTHROPICUSDC$1,398.80+6.86%$601–<0.1%$256.3K426.05x+96.4%5x
All venues$1,399.39+8.49%$284.8M–100%$223.6M1.32x+12.7%50x

Not counted, priced too far from the other venues to be the same contract (another scale or instrument): trade.xyz xyz:ANT at $105.59 · Paragon para:ANTH at $105.22 · Extended ANTHROP-USD at $105.50 · OKX ANTHROPIC-USDT-SWAP at $139.98.

ScoutJUST THIS STORY

LET’S MAKE THIS USEFUL · 1 OF 5

How would you like me to explain this?

Tell me what you want from this read. Start with a quick note, then adjust the details. Your other stories stay as they are.

We’ll remember your view of this story. The published article stays unchanged.

THIS STORY’S READING VIEWStandard · The whole picture

Clear explanations with context. Both sides of the evidence.