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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ANTHROPICUSDTM | 2,118 | 0.0050 | pay 0.0050% / 8h | 6h 05m | $500K | $175K | 20x |
| Short | Lighter RH ANTHROPIC | 2,165.9 | 0.0032 | get 0.0004% / 1h | 5m 16s | $6.3M | $16.8M | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 40 min ago | 17.00 bp | 660.0 bp −$660 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 0.23 bp | 1.6 bp −$2 | 13.2 bp −$132 | 109.5 bp −$10.9K | doesn't fit |
ANTHROPIC on 21 exchanges
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 | −0.0380% | 8h | 2,109.4 | −0.403% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0004% | 1h | 2,108.9 | −0.427% | $1.4M | $1.0M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,171.7 | +2.537% | $1.9M | $837K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,152.8 | +1.644% | $2.3M | $384K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,168 | +2.362% | $4.8M | $780K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,156.7 | +1.831% | $2.4M | $998K | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,107.7 | −0.487% | $25.9M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,113.7 | −0.202% | — | $1.8M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,110.9 | −0.332% | $1.6M | $360K | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0008% | 1h | 2,117.9 | −0.001% | $267K | $26K | 5x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ANTHROPIC-USDT | +0.0030% | 8h | 2,109.6 | −0.393% | $273K | $248K | 20x | as long as short |
| Lighter RH ANTHROPICshort | +0.0032% | 1h | 2,165.9 | +2.263% | $6.3M | $16.8M | 5x | |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,108.2 | −0.461% | $10K | $11K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,108.9 | −0.430% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,108.8 | −0.431% | $32.1M | $7.4M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,109.9 | −0.380% | $7.8M | $258K | 50x | as long as short |
| KuCoin ANTHROPICUSDTMlong | +0.0050% | 8h | 2,118 | long leg | $500K | $175K | 20x | |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,108.7 | −0.437% | $2.3M | $626K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,107.7 | −0.485% | $10K | $183K | 10x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,108.7 | −0.440% | $10K | $63 | 10x | as long as short |
| Entropy io:ANTH | +0.0115% | 1h | 2,155 | +1.748% | $35.1M | $7.1M | 6x | as long as short |
KuCoin ANTHROPICUSDTM
Lighter RH ANTHROPIC
HTX ANTHROPIC-USDT
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Coinbase International ANTHROPIC-PERP-INTX
BloFin ANTHROPIC-USDT
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp