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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ANTHROPIC2,166.70get 0.0000% / 1h52m 43s$1.8M$900K5x
ShortLighter RH ANTHROPIC2,1630.0032get 0.0004% / 1h52m 43s$6.3M$16.0M5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 4 min ago0.23 bp25.1 bp −$25226.2 bp −$2,262733.9 bp −$73.4Kdoesn't fit
Sell Lighter RH live order book, 6 min ago0.23 bp0.2 bp $04.3 bp −$4399.6 bp −$9,956doesn'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
HTX ANTHROPIC-USDT−0.0434%8h2,108.4−2.692%$42K$68K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0080%1h2,120.7−2.123%$267K$25K5xas long as short
Lighter ANTHROPIClong0.0000%1h2,166.7long leg$1.8M$900K5x
Bybit ANTHROPICUSDT0.0000%8h2,153.1−0.626%$2.3M$424K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.9−0.083%$4.8M$846K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,107.3−2.742%$1.4M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,154.1−0.580%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,106−2.803%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111.7−2.538%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.5−2.687%$1.6M$381K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPICshort+0.0032%1h2,163−0.171%$6.3M$16.0M5x
Extended ANTHROP-USD+0.0048%1h2,106.9−2.760%$19K$22K10xas long as short
BloFin ANTHROPIC-USDT+0.0049%8h2,108.3−2.697%$270K$258K20xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,107.5−2.732%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,107.5−2.733%$32.1M$8.3M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.5−2.730%$7.8M$272K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7−2.583%$498K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,107.6−2.729%$2.4M$619Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,108−2.707%$10K$163K10xas long as short
Entropy io:ANTH+0.0089%1h2,152.3−0.665%$34.9M$7.5M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,108.2−2.702%$10K$6310xas long as short