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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Gate+0.687%7-day average +1.662% · you sell dearer than you buy
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costs−$371as in the Price arb table
costs, in and out, $10k−$2732.730% 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+1.071%+$107 · spread now +0.687%, 7d avg +1.662%
Together, before fees+1.139%+ Points / potential airdropLighter RH: Points live · farm board+$114 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.975% cheaper against Gate than usual: you would sell low and buy high (spread +0.687% now, against its 7-day average of +1.662%). If the spread goes back, that is −$98 on $10k: about 3 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ANTHROPIC_USDT2,159.80get 0.0000% / 8h7h 51m$2.5M$1.2M50x
ShortLighter RH ANTHROPIC2,174.60.0032get 0.0004% / 1h51m 52s$6.3M$16.6M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Gate. 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: +0.687% → +1.662%
−$97.55
Slippage, 4 orders
−$257.98
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$363.81
Costs to cover
2.730%
Break-even
386.0 days
Slippage from Gate: live order book, 1 min ago; Lighter RH: live order book, 2 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 Gate live order book, 1 min ago8.40 bp154.3 bp −$154doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago0.23 bp5.7 bp −$624.7 bp −$247163.7 bp −$16.4Kdoesn'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
Coinbase International ANTHROPIC-PERP-INTX−0.0080%1h2,123.7−1.670%$267K$26K5xas long as short
HTX ANTHROPIC-USDT−0.0021%8h2,112.2−2.201%$42K$70K20xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,112.8−2.174%$1.4M$1.5M10xas long as short
Lighter ANTHROPIC0.0000%1h2,170.5+0.497%$1.9M$893K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,160.1+0.015%$2.4M$380K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,174.5+0.682%$4.8M$1.1M10xas long as short
Gate ANTHROPIC_USDTlong0.0000%8h2,159.8long leg$2.5M$1.2M50x
Bitget ANTHROPICUSDT0.0000%8h2,108.7−2.367%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,116.2−2.017%$2.6M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,111.1−2.254%$1.6M$382K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPICshort+0.0032%1h2,174.6+0.687%$6.3M$16.6M5x
BloFin ANTHROPIC-USDT+0.0045%8h2,112.9−2.170%$267K$260K20xas long as short
Extended ANTHROP-USD+0.0048%1h2,112.2−2.204%$19K$38K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,112.8−2.175%$122K$7K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,112.6−2.183%$32.0M$8.4M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,112.2−2.202%$7.8M$276K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,120−1.844%$478K$21K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,113.6−2.137%$2.4M$663Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,114.5−2.098%$10K$156K10xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,113.1−2.159%$10K10xas long as short
Entropy io:ANTH+0.0119%1h2,166.6+0.316%$35.2M$7.7M6xas long as short