Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Gate against Lighter−0.584%7-day average −1.881% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs+$10as in the Price arb table
costs, in and out, $10k−$1201.201% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days−2.757%−$276 · spread now −0.584%, 7d avg −1.881%
=Together, before fees−2.759%+ Points / potential airdropLighter: Season 3 · farm board−$276 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: Gate is 1.297% dearer against Lighter than usual: you sell high and buy low, +$130 on $10k if it goes back to its 7-day average of −1.881%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ANTHROPIC | 2,166.4 | 0 | get 0.0000% / 1h | 17m 46s | $1.9M | $942K | 5x |
| Short | Gate ANTHROPIC_USDT | 2,153.7 | 0 | get 0.0000% / 8h | 4h 17m | $2.4M | $1.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.584% → −1.881%
- $129.66
- Slippage, 4 orders
- −$105.12
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $9.54
- Costs to cover
- 1.201%
- Break-even
- from the start
Slippage from Lighter: live order book, 4 min ago; Gate: live order book, 5 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 | 7.5 bp −$7 | 137.9 bp −$1,379 | 702.8 bp −$70.3K | doesn't fit |
| Sell Gate live order book, 5 min ago | 7.93 bp | 51.7 bp −$52 | 583.6 bp −$5,836 | 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 | −0.0426% | 8h | 2,108.5 | −2.674% | $42K | $67K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0280% | 1h | 2,123.7 | −1.971% | $267K | $25K | 5x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,107.1 | −2.737% | $1.4M | $1.2M | 10x | as long as short |
| Lighter ANTHROPIClong | 0.0000% | 1h | 2,166.4 | long leg | $1.9M | $942K | 5x | |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,149.5 | −0.780% | $2.4M | $351K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,165.1 | −0.060% | $4.8M | $867K | 10x | as long as short |
| Gate ANTHROPIC_USDTshort | 0.0000% | 8h | 2,153.7 | −0.584% | $2.4M | $1.1M | 50x | |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,104.9 | −2.840% | $26.0M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,111.5 | −2.534% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,109.1 | −2.646% | $1.6M | $374K | 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 | 2,165.5 | −0.042% | $6.2M | $16.0M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,106.8 | −2.752% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,107.6 | −2.713% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,107.3 | −2.726% | $32.0M | $8.1M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,107.6 | −2.713% | $7.8M | $278K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,110.7 | −2.572% | $477K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,107.2 | −2.732% | $2.4M | $681K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,106.9 | −2.749% | $10K | $151K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0064% | 8h | 2,107.9 | −2.700% | $269K | $256K | 20x | as long as short |
| Entropy io:ANTH | +0.0084% | 1h | 2,153.3 | −0.605% | $34.9M | $7.6M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,107.5 | −2.719% | $10K | $63 | 10x | as long as short |
Lighter ANTHROPIC
Gate ANTHROPIC_USDT
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
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