Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Bybit against Lighter−0.624%7-day average −1.978% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs+$35as in the Price arb table
costs, in and out, $10k−$1011.007% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days−3.168%−$317 · spread now −0.624%, 7d avg −1.978%
=Together, before fees−3.170%+ Points / potential airdropLighter: Season 3 · farm board−$317 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 1.354% dearer against Lighter than usual: you sell high and buy low, +$135 on $10k if it goes back to its 7-day average of −1.978%.
| 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 | 40m 37s | $1.9M | $909K | 5x |
| Short | Bybit ANTHROPICUSDT | 2,156.3 | 0 | get 0.0000% / 8h | 6h 40m | $2.4M | $377K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.624% → −1.978%
- $135.41
- Slippage, 4 orders
- −$89.71
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $34.7
- Costs to cover
- 1.007%
- Break-even
- from the start
Slippage from Lighter: live order book, 11 min ago; Bybit: live order book, 1 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, 11 min ago | 7.84 bp | 26.4 bp −$26 | 139.1 bp −$1,391 | 692.5 bp −$69.2K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 15.71 bp | 21.5 bp −$21 | 139.5 bp −$1,395 | 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 | −0.0330% | 8h | 2,108.4 | −2.830% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,106.5 | −2.916% | $1.4M | $1.4M | 10x | as long as short |
| Lighter ANTHROPIClong | 0.0000% | 1h | 2,169.8 | long leg | $1.9M | $909K | 5x | |
| Bybit ANTHROPICUSDTshort | 0.0000% | 8h | 2,156.3 | −0.624% | $2.4M | $377K | 25x | |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,168.1 | −0.078% | $4.8M | $1.0M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,156.8 | −0.598% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,103.7 | −3.047% | $25.8M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,111.1 | −2.705% | — | $2.6M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.8 | −2.811% | $1.6M | $373K | 10x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,170.6 | +0.037% | $6.3M | $16.3M | 5x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,106 | −2.939% | $19K | $38K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,106.6 | −2.912% | $122K | $7K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,106.5 | −2.916% | $32.0M | $8.1M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,106.5 | −2.918% | $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 | 2,106.8 | −2.906% | $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 | +0.0087% | 1h | 2,164.6 | −0.240% | $35.2M | $7.7M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,107.2 | −2.885% | $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 |
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
HTX ANTHROPIC-USDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX