Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: Aster against Lighter−2.855%7-day average −3.373% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1851.854% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 4 days (all we have)−1.483%−$148 · spread now −2.855%, 7d avg −3.373%
=Together, before fees−1.380%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$138 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.518% dearer against Lighter than usual: you sell high and buy low: +$52 more if the spread goes back to its 7-day average of −3.373%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ANTHROPIC | 2,169.8 | 0 | get 0.0000% / 1h | 45m 06s | $1.9M | $909K | 5x |
| Short | Aster ANTHROPICUSDT | 2,107.8 | 0.0050 | get 0.0050% / 8h | 6h 45m | $122K | $7K | 10x |
Lighter ANTHROPIC
Aster ANTHROPICUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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: −2.855% → −3.373%
- $51.76
- Slippage, 4 orders
- −$177.41
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$123.15
- Costs to cover
- 1.854%
- Break-even
- 89.1 days
Slippage from Lighter: live order book, 6 min ago; Aster: live order book, 21 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 Lighter live order book, 6 min ago | 7.84 bp | 26.4 bp −$26 | 139.1 bp −$1,391 | 692.5 bp −$69.2K | doesn't fit |
| Sell Aster live order book, 21 min ago | 59.96 bp | 64.0 bp −$64 | 132.8 bp −$1,328 | 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 | −0.0316% | 8h | 2,108.2 | −2.841% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,107.3 | −2.880% | $1.4M | $1.4M | 10x | as long as short |
| Lighter ANTHROPIClong | 0.0000% | 1h | 2,169.8 | long leg | $1.9M | $909K | 5x | |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,156.4 | −0.617% | $2.4M | $377K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,168.5 | −0.060% | $4.8M | $1.0M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,156.7 | −0.602% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,104.3 | −3.019% | $25.8M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,111.8 | −2.673% | — | $2.6M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.8 | −2.811% | $1.6M | $374K | 10x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,171.3 | +0.069% | $6.3M | $16.3M | 5x | as long as short |
HTX ANTHROPIC-USDT
QFEX ANTHROPIC-USD
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPICShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,107.2 | −2.885% | $19K | $38K | 10x | as long as short |
| Aster ANTHROPICUSDTshort | +0.0050% | 8h | 2,107.8 | −2.855% | $122K | $7K | 10x | |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,107 | −2.897% | $32.0M | $8.1M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,107.5 | −2.870% | $7.8M | $276K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,118.9 | −2.345% | $478K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,107.1 | −2.888% | $2.4M | $669K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,107.1 | −2.888% | $10K | $149K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0058% | 8h | 2,107.4 | −2.877% | $270K | $257K | 20x | as long as short |
| Entropy io:ANTH | +0.0081% | 1h | 2,164.8 | −0.230% | $35.2M | $7.7M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,107.5 | −2.873% | $10K | — | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0104% | 1h | 2,123.7 | −2.124% | $267K | $26K | 5x | as long as short |
Extended ANTHROP-USD
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT
Entropy io:ANTH
Aevo ANTHROPIC-PERP
Coinbase International ANTHROPIC-PERP-INTX