Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,926 | 0 | 0.0000% / 1h | 43m 01s | $2.4M | $1.8M | 5x | Long Lighter7d free | |
| SHORT | 1,872.1 | +0.0516 | get 0.0258% / 4h | 1h 43m | $1K | $144K | 5x | Short edgeX |
Price gap−2.798%
Funding gap+0.0516% /8h
Funding trade: +$15 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3+0.0516% /8h now · paid −0.034% over the last 10 hours (all we have)
Price−$1spread −2.798% now, avg −2.789% → −0.009% if it goes back
Costs−$300.304% of $10k · taker + slippage, in and out
Result−$35−0.35%+ Points / potential airdropLighter: Season 3 · edgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−2.798%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hANTHROPIC on 27 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Large against open interest8.5 / 8.6 bp$10k is over 10% of edgeX’s open interest.
- Note: Margin at max leverage$2,000 + $2,000Lighter 5x, edgeX 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$15.48Long Lighter: 24 payments, $0.00; short edgeX: 6 payments, +$15.48.
- Note: Gap at its usual level−2.798% vs −2.789%The price leg adds little either way.
- Watch: Short leg is thinner$1K vs $2.4M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3 · edgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legLighter No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0266%/8h × 21 periods−$55.89
Price spread−2.798% → −2.789% (7d avg)−$0.92
Slippage, 4 orderslive order books−$21.40
Fee Lighter bp × 2 orders$0.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$87.22
Costs to cover0.304%Break-evennever at this rate
Slippage: Lighter: live order book, 3 min ago; edgeX: live order book, 45 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter2.868.5 bp−$942.9 bp−$429doesn’t fitdoesn’t fit
SELL · SHORTedgeX4.128.6 bp−$9doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-27 14:37 | Kalshi | Other | JUST IN: Anthropic pays each trustee of its safety trust $400,000 a year @Kalshi on X ↗ |
| 10-27 13:30 | Vest Markets | Other | Into the open, $AVGO is up around 3%, with a $63B deal announced yesterday to fund Broadcom chips leased to Anthropic. Bank of America, Citi and Morgan Stanley are arranging the first lien and Blackstone the second, via a new vehicle that buys the hardware. Broadcom provides residual value support equal to the first lien, with deliveries starting in 2027 and $AVGO adding to a 2.3% gain in the prior session. @VestExchange on X ↗ |
| 10-27 13:27 | Paragon | Listing | Anthropic ($ANTH) is now trading 24/7 on Hyperliquid. Up to 10x leverage. Anthropic is the AI research company behind Claude. $ANTH is a pre-listing perpetual, pricing Anthropic ahead of its public listing. Trade now on Hyperliquid: @tradeparagon on X ↗ |
| 10-27 12:34 | BingX | Other | The Anthropic IPO countdown is ON ⏳ New users get $15 in ANTHROPIC on their first trade, while existing users can trade AI stocks to earn ANTHROPIC. Join Oct 27, 20:00 – Nov 6, 23:59 (UTC+8) and unlock $500,000 USDT in rewards 👇 @BingXOfficial on X ↗ |
| 10-27 11:24 | Paragon | Listing | new market para:ANTH ($ANTHROPIC) seen by our collector |
| 10-27 10:48 | edgeX | Listing | new market ANTHROPICUSDC ($ANTHROPIC) seen by our collector |


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