Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,878.1 | −0.0222 | get 0.0111% / 4h | 2h 41m | $1K | $132K | 5x | Long edgeX | |
| SHORT | 1,932 | 0 | 0.0000% / 1h | 41m 14s | $2.4M | $1.8M | 5x | Short Lighter7d free |
Price gap+2.868%
Funding gap+0.0222% /8h
Funding trade: +$7 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3+0.0222% /8h now · paid +0.034% over the last 9 hours (all we have)
Price$0spread +2.868% now, avg +2.871% → −0.002% if it goes back
Costs−$210.206% of $10k · taker + slippage, in and out
Result−$17−0.17%+ Points / potential airdropedgeX: points · Lighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+2.868%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hANTHROPIC on 27 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Large against open interest9.4 / 2.0 bp$10k is over 10% of edgeX’s open interest.
- Note: Margin at max leverage$2,000 + $2,000edgeX 5x, Lighter 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$6.67Long edgeX: 6 payments, +$6.67; short Lighter: 24 payments, $0.00.
- Note: Gap at its usual level+2.868% vs +2.871%The price leg adds little either way.
- Watch: Long leg is thinner$1K vs $2.4M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX points · Lighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legedgeX No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0294%/8h × 21 periods+$61.70
Price spread+2.868% → +2.871% (7d avg)−$0.25
Slippage, 4 orderslive order books−$11.58
Fee edgeX bp × 2 orders−$9.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k+$40.87
Costs to cover0.206%Break-even2.4 days
Slippage: edgeX: live order book, 51 min ago; Lighter: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX3.089.4 bp−$9doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTLighter1.552.0 bp−$2104.5 bp−$1,045doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-27 14:37 | Kalshi | Other | JUST IN: Anthropic pays each trustee of its safety trust $400,000 a year @Kalshi on X ↗ |
| 10-27 13:30 | Vest Markets | Other | Into the open, $AVGO is up around 3%, with a $63B deal announced yesterday to fund Broadcom chips leased to Anthropic. Bank of America, Citi and Morgan Stanley are arranging the first lien and Blackstone the second, via a new vehicle that buys the hardware. Broadcom provides residual value support equal to the first lien, with deliveries starting in 2027 and $AVGO adding to a 2.3% gain in the prior session. @VestExchange on X ↗ |
| 10-27 13:27 | Paragon | Listing | Anthropic ($ANTH) is now trading 24/7 on Hyperliquid. Up to 10x leverage. Anthropic is the AI research company behind Claude. $ANTH is a pre-listing perpetual, pricing Anthropic ahead of its public listing. Trade now on Hyperliquid: @tradeparagon on X ↗ |
| 10-27 12:34 | BingX | Other | The Anthropic IPO countdown is ON ⏳ New users get $15 in ANTHROPIC on their first trade, while existing users can trade AI stocks to earn ANTHROPIC. Join Oct 27, 20:00 – Nov 6, 23:59 (UTC+8) and unlock $500,000 USDT in rewards 👇 @BingXOfficial on X ↗ |
| 10-27 11:24 | Paragon | Listing | new market para:ANTH ($ANTHROPIC) seen by our collector |
| 10-27 10:48 | edgeX | Listing | new market ANTHROPICUSDC ($ANTHROPIC) seen by our collector |


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