Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.014%
Price spread now: Lighter against KuCoin+2.680%7-day average +3.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$792as in the Funding arb table
Net, price: spread back to 7d avg − costs−$827as in the Price arb table
costs, in and out, $10k−$7817.813% of the position
Funding, last 7 days−0.103%−$10 on $10k
+Price spread, last 4 days (all we have)+1.358%+$136 · spread now +2.680%, 7d avg +3.135%
=Together, before fees+1.255%+ Points / potential airdropLighter: Season 3 · farm board+$125 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.455% cheaper against KuCoin than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of +3.135%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ANTHROPICUSDTM | 2,110.7 | 0.0050 | pay 0.0050% / 8h | 1h 39m | $498K | $25K | 20x |
| Short | Lighter ANTHROPIC | 2,167.3 | 0 | get 0.0000% / 1h | 39m 12s | $1.9M | $903K | 5x |
KuCoin ANTHROPICUSDTM
Lighter ANTHROPICFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- −$10.5
- Price spread: +2.680% → +3.135%
- −$45.52
- Slippage, 4 orders
- −$769.31
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$837.33
- Costs to cover
- 7.813%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago | 18.56 bp | 579.0 bp −$579 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 0.69 bp | 18.3 bp −$18 | 76.7 bp −$767 | 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 | −0.0430% | 8h | 2,107.1 | −0.172% | $42K | $68K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0080% | 1h | 2,120.7 | +0.472% | $267K | $25K | 5x | as long as short |
| Lighter ANTHROPICshort | 0.0000% | 1h | 2,167.3 | +2.680% | $1.9M | $903K | 5x | |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,153.3 | +2.016% | $2.3M | $423K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.5 | +2.547% | $4.8M | $850K | 10x | as long as short |
| QFEX ANTHROPIC-USD | 0.0000% | 1h | 2,106.5 | −0.202% | $1.4M | $1.1M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,152.1 | +1.961% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,105.2 | −0.264% | $25.9M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,110.1 | −0.030% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,107.4 | −0.160% | $1.6M | $381K | 10x | as long as short |
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
QFEX ANTHROPIC-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ANTHROPIC-USDT | +0.0031% | 8h | 2,106.6 | −0.196% | $270K | $258K | 20x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,163.7 | +2.510% | $6.3M | $16.2M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,106.2 | −0.216% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,106.7 | −0.193% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,106.6 | −0.194% | $32.1M | $8.3M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,106.8 | −0.186% | $7.8M | $273K | 50x | as long as short |
| KuCoin ANTHROPICUSDTMlong | +0.0050% | 8h | 2,110.7 | long leg | $498K | $25K | 20x | |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,106.3 | −0.210% | $2.4M | $620K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,107.8 | −0.140% | $10K | $163K | 10x | as long as short |
| Entropy io:ANTH | +0.0095% | 1h | 2,152.7 | +1.988% | $35.0M | $7.5M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,107 | −0.175% | $10K | $63 | 10x | as long as short |
BloFin ANTHROPIC-USDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
Entropy io:ANTH
Aevo ANTHROPIC-PERP