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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Bitget+2.841%7-day average +4.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$230.232% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 7 days+1.410%+$141 · spread now +2.841%, 7d avg +4.016%
Together, before fees+1.478%+ Points / potential airdropLighter RH: Points live · farm board+$148 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 1.175% cheaper against Bitget than usual: you would sell low and buy high (spread +2.841% now, against its 7-day average of +4.016%). If the spread goes back, that is −$118 on $10k: about 4 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ANTHROPICUSDT2,105.20get 0.0000% / 8h1h 00m$25.9M$3.2M20x
ShortLighter RH ANTHROPIC2,1650.0032get 0.0004% / 1h0m 33s$6.4M$16.7M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Bitget. 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
$6.72
Price spread: +2.841% → +4.016%
−$117.55
Slippage, 4 orders
−$11.2
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$134.03
Costs to cover
0.232%
Break-even
146.6 days
Slippage from Bitget: live order book, 3 min ago; Lighter RH: live order book, 3 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 Bitget live order book, 3 min ago0.52 bp9.9 bp −$1011.5 bp −$115doesn't fitdoesn't fit
Sell Lighter RH live order book, 3 min ago0.23 bp0.2 bp $08.3 bp −$83108.0 bp −$10.8Kdoesn'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−0.0432%8h2,109+0.181%$42K$69K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0080%1h2,120.7+0.736%$267K$25K5xas long as short
Lighter ANTHROPIC0.0000%1h2,168.4+3.002%$1.9M$904K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,154.7+2.349%$2.3M$422K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,165.9+2.883%$4.8M$853K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,108.2+0.142%$1.4M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,153.7+2.304%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDTlong0.0000%8h2,105.2long leg$25.9M$3.2M20x
SunX ANTHROPIC-USDT0.0000%8h2,111.8+0.314%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,109.6+0.209%$1.6M$384K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPICshort+0.0032%1h2,165+2.841%$6.4M$16.7M5x
Extended ANTHROP-USD+0.0048%1h2,107.7+0.119%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,108.3+0.148%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,108.3+0.147%$32.1M$8.3M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,108.1+0.139%$7.8M$275K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,112+0.324%$499K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,107.8+0.125%$2.3M$655Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,108.4+0.150%$10K$166K10xas long as short
BloFin ANTHROPIC-USDT+0.0059%8h2,108.5+0.154%$270K$260K20xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,108.4+0.152%$10K$6310xas long as short
Entropy io:ANTH+0.0106%1h2,154+2.318%$35.0M$7.6M6xas long as short