Settings8H · net · $10k
Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.005%
Price spread now: Lighter RH against Binance+2.778%7-day average +3.739% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$170.169% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 7 days+0.668%+$67 · spread now +2.778%, 7d avg +3.739%
Together, before fees+0.630%+ Points / potential airdropLighter RH: Points live · farm board+$63 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 0.961% cheaper against Binance than usual: you would sell low and buy high (−$96 if the spread goes back to its 7-day average of +3.739%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ANTHROPICUSDT2,107.10.0050pay 0.0050% / 8h4h 37m$32.0M$8.2M20x
ShortLighter RH ANTHROPIC2,165.60.0032get 0.0004% / 1h37m 59s$6.2M$15.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Binance. 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

Funding earned
−$3.78
Price spread: +2.778% → +3.739%
−$96.1
Slippage, 4 orders
−$6.9
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$116.77
Costs to cover
0.169%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Lighter RH: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago0.36 bp10.6 bp −$1124.7 bp −$247doesn't fitdoesn't fit
Sell Lighter RH live order book, 6 min ago0.23 bp0.2 bp $09.8 bp −$98123.2 bp −$12.3Kdoesn't fit

ANTHROPIC on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ANTHROPIC-USDT−0.0412%8h2,107.7+0.029%$42K$67K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0280%1h2,123.7+0.790%$267K$25K5xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,106.6−0.021%$1.4M$1.3M10xas long as short
Lighter ANTHROPIC0.0000%1h2,166.1+2.802%$1.9M$923K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,150.1+2.044%$2.4M$351K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.7+2.736%$4.8M$866K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,153.9+2.224%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,104.1−0.140%$25.9M$3.0M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111.4+0.206%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.1+0.051%$1.6M$378K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPICshort+0.0032%1h2,165.6+2.778%$6.2M$15.8M5x
Extended ANTHROP-USD+0.0048%1h2,106.5−0.025%$19K$22K10xas long as short
BloFin ANTHROPIC-USDT+0.0050%8h2,106.9−0.007%$269K$256K20xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,107.10.000%$122K$6K10xas long as short
Binance ANTHROPICUSDTlong+0.0050%8h2,107.1long leg$32.0M$8.2M20x
MEXC ANTHROPIC_USDT+0.0050%8h2,107.3+0.011%$7.8M$277K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7+0.172%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,106.5−0.026%$2.4M$681Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,105.8−0.059%$10K$149K10xas long as short
Entropy io:ANTH+0.0083%1h2,154.2+2.237%$35.0M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,106.9−0.006%$10K10xas long as short