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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Bybit+0.846%7-day average +1.702% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$760.761% 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+0.766%+$77 · spread now +0.846%, 7d avg +1.702%
Together, before fees+0.833%+ Points / potential airdropLighter RH: Points live · farm board+$83 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.856% cheaper against Bybit than usual: you would sell low and buy high (spread +0.846% now, against its 7-day average of +1.702%). If the spread goes back, that is −$86 on $10k: about 3 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ANTHROPICUSDT2,1510get 0.0000% / 8h6h 16m$2.4M$363K25x
ShortLighter RH ANTHROPIC2,169.20.0032get 0.0004% / 1h16m 06s$6.3M$16.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Bybit. 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: +0.846% → +1.702%
−$85.6
Slippage, 4 orders
−$65.11
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$154.99
Costs to cover
0.761%
Break-even
168.4 days
Slippage from Bybit: live order book, 1 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 Bybit live order book, 1 min ago10.06 bp28.5 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 3 min ago0.23 bp1.6 bp −$213.2 bp −$132136.3 bp −$13.6Kdoesn't fit

ANTHROPIC on 20 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−0.0336%8h2,104.6−2.159%$42K$67K20xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,104.3−2.174%$1.4M$1.4M10xas long as short
Lighter ANTHROPIC0.0000%1h2,167.6+0.771%$1.9M$915K5xas long as short
Bybit ANTHROPICUSDTlong0.0000%8h2,151long leg$2.4M$363K25x
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,166.8+0.734%$4.8M$975K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,152.8+0.081%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,102.5−2.254%$25.8M$3.0M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,107.8−2.009%$2.5M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,104.9−2.142%$1.6M$374K10xas long as short
Lighter RH ANTHROPICshort+0.0032%1h2,169.2+0.846%$6.3M$16.5M5x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ANTHROP-USD+0.0048%1h2,103.6−2.202%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,104.2−2.175%$122K$7K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,104.2−2.177%$31.9M$8.2M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,104.3−2.171%$7.8M$278K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,115.9−1.634%$478K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,103.7−2.198%$2.4M$671Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,104.9−2.144%$10K$149K10xas long as short
Entropy io:ANTH+0.0081%1h2,161.6+0.492%$35.2M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,103.8−2.195%$10K10xas long as short
Coinbase International ANTHROPIC-PERP-INTX+0.0104%1h2,123.7−1.269%$267K$26K5xas long as short