Funding you earn now, next payment 05:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h −0.056%
Price spread now: Lighter against Coinbase International+2.547%7-day average +3.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1071.068% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.926%+$93 · spread now +2.547%, 7d avg +3.067%
=Together, before fees+0.908%+ Points / potential airdropLighter: Season 3 · farm board+$91 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.520% cheaper against Coinbase International than usual: you would sell low and buy high (spread +2.547% now, against its 7-day average of +3.067%). If the spread goes back, that is −$52 on $10k: about 27 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ANTHROPIC-PERP-INTX | 2,113.5 | −0.0064 | get 0.0008% / 1h | 49m 47s | $267K | $25K | 5x |
| Short | Lighter ANTHROPIC | 2,167.3 | 0 | get 0.0000% / 1h | 49m 47s | $1.8M | $942K | 5x |
Coinbase International ANTHROPIC-PERP-INTX
Lighter ANTHROPICFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Coinbase International. 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
- $13.44
- Price spread: +2.547% → +3.067%
- −$52.04
- Slippage, 4 orders
- −$96.84
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$145.44
- Costs to cover
- 1.068%
- Break-even
- 82.7 days
Slippage from Coinbase International: live order book, 63 min ago; Lighter: live order book, 2 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 Coinbase International live order book, 63 min ago | 30.78 bp | 36.5 bp −$36 | 55.1 bp −$551 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 0.46 bp | 21.3 bp −$21 | 78.5 bp −$785 | doesn't fit | doesn't fit |
ANTHROPIC on 21 venues
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 | −0.0472% | 8h | 2,104.4 | −0.430% | $42K | $68K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTXlong | −0.0064% | 1h | 2,113.5 | long leg | $267K | $25K | 5x | |
| QFEX ANTHROPIC-USD | −0.0006% | 1h | 2,105.2 | −0.390% | $1.4M | $1.2M | 10x | as long as short |
| Lighter ANTHROPICshort | 0.0000% | 1h | 2,167.3 | +2.547% | $1.8M | $942K | 5x | |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,152.2 | +1.832% | $2.3M | $427K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.2 | +2.400% | $4.8M | $889K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,150.8 | +1.768% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,103.1 | −0.491% | $25.9M | $3.3M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,107.8 | −0.268% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,102.9 | −0.499% | $1.5M | $378K | 10x | as long as short |
HTX ANTHROPIC-USDT
QFEX ANTHROPIC-USD
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,163.8 | +2.381% | $6.3M | $15.8M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,104 | −0.449% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,104 | −0.447% | $121K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,104 | −0.446% | $32.0M | $8.3M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,103.1 | −0.490% | $7.8M | $275K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,111.1 | −0.111% | $477K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,106 | −0.353% | $2.4M | $693K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,103 | −0.496% | $10K | $155K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0068% | 8h | 2,106.1 | −0.349% | $226K | $257K | 20x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,103.5 | −0.472% | $10K | $63 | 10x | as long as short |
| Entropy io:ANTH | +0.0108% | 1h | 2,150.9 | +1.771% | $34.8M | $7.6M | 6x | as long as short |
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT
Aevo ANTHROPIC-PERP
Entropy io:ANTH