Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: Binance against Lighter−2.791%7-day average −3.933% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs+$57as in the Price arb table
costs, in and out, $10k−$570.571% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 7 days−1.756%−$176 · spread now −2.791%, 7d avg −3.933%
=Together, before fees−1.653%+ Points / potential airdropLighter: Season 3 · farm board−$165 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 Binance is 1.142% dearer against Lighter than usual: you sell high and buy low: +$114 more if the spread goes back to its 7-day average of −3.933%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ANTHROPIC | 2,166.8 | 0 | get 0.0000% / 1h | 47m 20s | $1.8M | $900K | 5x |
| Short | Binance ANTHROPICUSDT | 2,106.3 | 0.0050 | get 0.0050% / 8h | 1h 47m | $32.1M | $8.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −2.791% → −3.933%
- $114.2
- Slippage, 4 orders
- −$47.1
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $67.6
- Costs to cover
- 0.571%
- Break-even
- from the start
Slippage from Lighter: live order book, 4 min ago; Binance: live order book, 9 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, 4 min ago | 0.46 bp | 15.7 bp −$16 | 197.0 bp −$1,970 | 725.1 bp −$72.5K | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.16 bp | 8.2 bp −$8 | 27.2 bp −$272 | 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 | −0.0432% | 8h | 2,106.8 | −2.769% | $42K | $68K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0080% | 1h | 2,120.7 | −2.128% | $267K | $25K | 5x | as long as short |
| Lighter ANTHROPIClong | 0.0000% | 1h | 2,166.8 | long leg | $1.8M | $900K | 5x | |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,153.3 | −0.625% | $2.3M | $424K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.1 | −0.125% | $4.8M | $849K | 10x | as long as short |
| QFEX ANTHROPIC-USD | 0.0000% | 1h | 2,106.4 | −2.790% | $1.4M | $1.1M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,152.5 | −0.662% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,104.9 | −2.859% | $25.9M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,110.8 | −2.584% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,106.9 | −2.764% | $1.6M | $381K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,163.1 | −0.171% | $6.3M | $16.0M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,105.8 | −2.816% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,106.4 | −2.790% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDTshort | +0.0050% | 8h | 2,106.3 | −2.791% | $32.1M | $8.3M | 20x | |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,106.5 | −2.782% | $7.8M | $272K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,110.7 | −2.588% | $498K | $25K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,107.1 | −2.755% | $2.4M | $620K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,108 | −2.711% | $10K | $163K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0055% | 8h | 2,107.6 | −2.733% | $270K | $258K | 20x | as long as short |
| Entropy io:ANTH | +0.0091% | 1h | 2,152.3 | −0.669% | $34.9M | $7.5M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,106.8 | −2.769% | $10K | $63 | 10x | as long as short |
Lighter ANTHROPIC
Binance ANTHROPICUSDT
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT