Funding you earn now, next payment 11:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.005%
Price spread now: Lighter RH against Aster+2.512%7-day average +3.251% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2142.137% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)+1.528%+$153 · spread now +2.512%, 7d avg +3.251%
=Together, before fees+1.491%+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm board+$149 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter RH is 0.738% cheaper against Aster than usual: you would sell low and buy high (−$74 if the spread goes back to its 7-day average of +3.251%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ANTHROPICUSDT | 2,109.6 | 0.0050 | pay 0.0050% / 8h | 5h 06m | $122K | $7K | 10x |
| Short | Lighter RH ANTHROPIC | 2,162.6 | 0.0032 | get 0.0004% / 1h | 6m 36s | $6.1M | $17.0M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.78
- Price spread: +2.512% → +3.251%
- −$73.83
- Slippage, 4 orders
- −$205.67
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$291.28
- Costs to cover
- 2.137%
- Break-even
- never at this rate
Slippage from Aster: live order book, 37 min ago; Lighter RH: live order book, 5 min ago.
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 Aster live order book, 37 min ago | 54.34 bp | 148.3 bp −$148 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 0.23 bp | 0.9 bp −$1 | 10.2 bp −$102 | 96.1 bp −$9,606 | doesn't fit |
ANTHROPIC on 21 exchanges
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 | −0.0369% | 8h | 2,109.9 | +0.013% | $42K | $70K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0024% | 1h | 2,121.3 | +0.556% | $268K | $26K | 5x | as long as short |
| QFEX ANTHROPIC-USD | −0.0004% | 1h | 2,108.2 | −0.068% | $1.4M | $1.0M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,167.3 | +2.735% | $1.9M | $856K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,149.3 | +1.881% | $2.3M | $377K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,166.7 | +2.707% | $4.8M | $665K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,159.2 | +2.351% | $2.5M | $1.0M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,107.9 | −0.081% | $26.0M | $3.1M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,112.4 | +0.133% | — | $1.6M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,112.8 | +0.151% | $1.6M | $355K | 10x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPICshort | +0.0032% | 1h | 2,162.6 | +2.512% | $6.1M | $17.0M | 5x | |
| BloFin ANTHROPIC-USDT | +0.0048% | 8h | 2,110.1 | +0.022% | $275K | $248K | 20x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,108 | −0.075% | $10K | $11K | 10x | as long as short |
| Aster ANTHROPICUSDTlong | +0.0050% | 8h | 2,109.6 | long leg | $122K | $7K | 10x | |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,108.8 | −0.039% | $32.3M | $7.5M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,108.6 | −0.046% | $7.8M | $249K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,116.7 | +0.334% | $499K | $241K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,106.7 | −0.138% | $2.3M | $701K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,107.6 | −0.095% | $10K | $193K | 10x | as long as short |
| Entropy io:ANTH | +0.0079% | 1h | 2,152.8 | +2.048% | $35.0M | $6.9M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,108.4 | −0.057% | $10K | $63 | 10x | as long as short |
Aster ANTHROPICUSDT
Lighter RH ANTHROPIC
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
BloFin ANTHROPIC-USDT
Extended ANTHROP-USD
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp