Settings8H · net · $10k
Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.004%
Price spread now: GRVT against Lighter−3.044%108s7-day average −3.470% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 3 days (all we have)−1.534%−$153 · spread now −3.044%, 7d avg −3.470%
Together, before fees−1.440%+ Points / potential airdropLighter: Season 3 · GRVT: Active · farm board−$144 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 GRVT is 0.426% dearer against Lighter than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −3.470%. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ANTHROPIC2,173.30get 0.0000% / 1h17m 43s$1.9M$713K5x
ShortGRVT ANTHROPIC_USDT_Perp2,107.10.0050get 0.0050% / 8h17m 43s$10K$157K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −3.044% → −3.470%
$42.59
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$44.09
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Lighter: live order book, 4 min ago; GRVT: live order book, 59 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 4 min ago0.69 bp13.5 bp −$14149.7 bp −$1,497685.3 bp −$68.5Kdoesn't fit
Sell GRVT live order book, 59 min ago0.55 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ANTHROPIC on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International ANTHROPIC-PERP-INTX−0.0376%1h2,119.1−2.495%$267K$26K5xas long as short
HTX ANTHROPIC-USDT−0.0281%8h2,109.2−2.952%$42K$70K20xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,108.2−2.995%$1.4M$1.5M10xas long as short
Lighter ANTHROPIClong0.0000%1h2,173.3long leg$1.9M$713K5x
Bybit ANTHROPICUSDT0.0000%8h2,155.1−0.838%$2.4M$373K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,171.1−0.101%$4.8M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,157.2−0.742%$2.5M$1.2M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,104.3−3.174%$25.8M$3.1M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111.9−2.825%$2.6M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.8−2.970%$1.6M$376K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,172.1−0.055%$6.3M$17.2M5xas long as short
BloFin ANTHROPIC-USDT+0.0042%8h2,108−3.004%$267K$259K20xas long as short
Extended ANTHROP-USD+0.0048%1h2,108.1−3.000%$19K$38K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,108.5−2.982%$123K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,108.6−2.979%$31.9M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,108.2−2.995%$7.8M$279K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,122.2−2.350%$479K$21K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,107.9−3.007%$2.3M$515Kas long as short
GRVT ANTHROPIC_USDT_Perpshort+0.0050%8h2,107.1−3.044%$10K$157K10x
Aevo ANTHROPIC-PERP+0.0104%1h2,108.3−2.993%$10K10xas long as short
Entropy io:ANTH+0.0114%1h2,161.2−0.557%$35.1M$7.7M6xas long as short