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+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: MEXC against Lighter−2.734%7-day average −3.943% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs+$80as in the Price arb table
costs, in and out, $10k−$410.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.103%+$10 on $10k
Price spread, last 7 days−2.029%−$203 · spread now −2.734%, 7d avg −3.943%
Together, before fees−1.926%+ Points / potential airdropLighter: Season 3 · farm board−$193 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 MEXC is 1.209% dearer against Lighter than usual: you sell high and buy low: +$121 more if the spread goes back to its 7-day average of −3.943%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ANTHROPIC2,166.80get 0.0000% / 1h53m 10s$1.8M$900K5x
ShortMEXC ANTHROPIC_USDT2,107.60.0050get 0.0050% / 8h1h 53m$7.8M$272K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −2.734% → −3.943%
$120.88
Slippage, 4 orders
−$41.16
Fee Lighter: 0 bp × 2 orders
$0
Fee MEXC: 0 bp × 2 orders
$0
Net
$90.23
Costs to cover
0.412%
Break-even
from the start
Slippage from Lighter: live order book, 3 min ago; MEXC: live order book, 5 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, 3 min ago0.23 bp25.1 bp −$25226.2 bp −$2,262733.9 bp −$73.4Kdoesn't fit
Sell MEXC live order book, 5 min ago1.14 bp2.4 bp −$250.3 bp −$503355.1 bp −$35.5Kdoesn'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%8h2,108.4−2.697%$42K$68K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0080%1h2,120.7−2.128%$267K$25K5xas long as short
Lighter ANTHROPIClong0.0000%1h2,166.8long leg$1.8M$900K5x
Bybit ANTHROPICUSDT0.0000%8h2,152.8−0.646%$2.3M$424K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,165.1−0.078%$4.8M$847K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,107.5−2.736%$1.4M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,153.5−0.613%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,106−2.807%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111.7−2.543%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.5−2.691%$1.6M$381K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,163−0.175%$6.3M$16.0M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,107.1−2.754%$19K$22K10xas long as short
BloFin ANTHROPIC-USDT+0.0049%8h2,108.3−2.701%$270K$258K20xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,107.7−2.727%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,107.7−2.728%$32.1M$8.3M20xas long as short
MEXC ANTHROPIC_USDTshort+0.0050%8h2,107.6−2.734%$7.8M$272K50x
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7−2.588%$498K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,107.6−2.733%$2.4M$619Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,108−2.712%$10K$163K10xas long as short
Entropy io:ANTH+0.0088%1h2,152.3−0.669%$34.9M$7.5M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,108.2−2.707%$10K$6310xas long as short