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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.005%
Price spread now: Lighter RH against KuCoin+2.263%7-day average +3.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$768as in the Funding arb table
Net, price: spread back to 7d avg − costs−$843as in the Price arb table
costs, in and out, $10k−$7647.641% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 4 days (all we have)+1.527%+$153 · spread now +2.263%, 7d avg +3.049%
Together, before fees+1.489%+ Points / potential airdropLighter RH: Points live · farm board+$149 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter RH is 0.786% cheaper against KuCoin than usual: you would sell low and buy high (−$79 if the spread goes back to its 7-day average of +3.049%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ANTHROPICUSDTM2,1180.0050pay 0.0050% / 8h6h 05m$500K$175K20x
ShortLighter RH ANTHROPIC2,165.90.0032get 0.0004% / 1h5m 16s$6.3M$16.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against KuCoin. 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
−$3.78
Price spread: +2.263% → +3.049%
−$78.61
Slippage, 4 orders
−$752.1
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$846.49
Costs to cover
7.641%
Break-even
never at this rate
Slippage from KuCoin: live order book, 40 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 KuCoin live order book, 40 min ago17.00 bp660.0 bp −$660doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago0.23 bp1.6 bp −$213.2 bp −$132109.5 bp −$10.9Kdoesn't fit

ANTHROPIC on 21 exchanges

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−0.0380%8h2,109.4−0.403%$42K$67K20xas long as short
QFEX ANTHROPIC-USD−0.0004%1h2,108.9−0.427%$1.4M$1.0M10xas long as short
Lighter ANTHROPIC0.0000%1h2,171.7+2.537%$1.9M$837K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,152.8+1.644%$2.3M$384K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,168+2.362%$4.8M$780K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,156.7+1.831%$2.4M$998K50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,107.7−0.487%$25.9M$3.0M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,113.7−0.202%$1.8M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,110.9−0.332%$1.6M$360K10xas long as short
Coinbase International ANTHROPIC-PERP-INTX+0.0008%1h2,117.9−0.001%$267K$26K5xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ANTHROPIC-USDT+0.0030%8h2,109.6−0.393%$273K$248K20xas long as short
Lighter RH ANTHROPICshort+0.0032%1h2,165.9+2.263%$6.3M$16.8M5x
Extended ANTHROP-USD+0.0048%1h2,108.2−0.461%$10K$11K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,108.9−0.430%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,108.8−0.431%$32.1M$7.4M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,109.9−0.380%$7.8M$258K50xas long as short
KuCoin ANTHROPICUSDTMlong+0.0050%8h2,118long leg$500K$175K20x
Variational Omni ANTHROPIC+0.0050%8h2,108.7−0.437%$2.3M$626Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,107.7−0.485%$10K$183K10xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,108.7−0.440%$10K$6310xas long as short
Entropy io:ANTH+0.0115%1h2,155+1.748%$35.1M$7.1M6xas long as short