Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.009%
Price spread now: Lighter RH against Lighter−0.171%7-day average −0.226% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$360.360% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 7 days−1.107%−$111 · spread now −0.171%, 7d avg −0.226%
=Together, before fees−1.042%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$104 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.055% dearer against Lighter than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.226%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ANTHROPIC | 2,166.7 | 0 | get 0.0000% / 1h | 52m 43s | $1.8M | $900K | 5x |
| Short | Lighter RH ANTHROPIC | 2,163 | 0.0032 | get 0.0004% / 1h | 52m 43s | $6.3M | $16.0M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $6.72
- Price spread: −0.171% → −0.226%
- $5.52
- Slippage, 4 orders
- −$36.04
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$23.79
- Costs to cover
- 0.360%
- Break-even
- 31.8 days
Slippage from Lighter: live order book, 4 min ago; Lighter RH: live order book, 6 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 | 0.23 bp | 25.1 bp −$25 | 226.2 bp −$2,262 | 733.9 bp −$73.4K | doesn't fit |
| Sell Lighter RH live order book, 6 min ago | 0.23 bp | 0.2 bp $0 | 4.3 bp −$43 | 99.6 bp −$9,956 | 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 | −0.0434% | 8h | 2,108.4 | −2.692% | $42K | $68K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0080% | 1h | 2,120.7 | −2.123% | $267K | $25K | 5x | as long as short |
| Lighter ANTHROPIClong | 0.0000% | 1h | 2,166.7 | long leg | $1.8M | $900K | 5x | |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,153.1 | −0.626% | $2.3M | $424K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.9 | −0.083% | $4.8M | $846K | 10x | as long as short |
| QFEX ANTHROPIC-USD | 0.0000% | 1h | 2,107.3 | −2.742% | $1.4M | $1.1M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,154.1 | −0.580% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,106 | −2.803% | $25.9M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,111.7 | −2.538% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.5 | −2.687% | $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 ANTHROPICshort | +0.0032% | 1h | 2,163 | −0.171% | $6.3M | $16.0M | 5x | |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,106.9 | −2.760% | $19K | $22K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0049% | 8h | 2,108.3 | −2.697% | $270K | $258K | 20x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,107.5 | −2.732% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,107.5 | −2.733% | $32.1M | $8.3M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,107.5 | −2.730% | $7.8M | $272K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,110.7 | −2.583% | $498K | $25K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,107.6 | −2.729% | $2.4M | $619K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,108 | −2.707% | $10K | $163K | 10x | as long as short |
| Entropy io:ANTH | +0.0089% | 1h | 2,152.3 | −0.665% | $34.9M | $7.5M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,108.2 | −2.702% | $10K | $63 | 10x | as long as short |
Lighter ANTHROPIC
Lighter RH ANTHROPIC
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Extended ANTHROP-USD
BloFin ANTHROPIC-USDT
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp