ANTHROPIC

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	LighterANTHROPIC	1,943.5	−0.0040	get 0.0005% / 1h	49m 23s	$2.3M	$3.5M	5x	Long Lighter7d free
SHORT	PhoenixANTHROPIC	1,918.4	0	0.0000% / 1h	49m 23s	$1.0M	$47K	6x	Short Phoenix

Price gap−1.291%

Funding gap+0.0040% /8h

Both sides work: funding pays +$1 a day on $10k, and the gap is 0.482% above its 7d average: +$48 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding$0+0.0040% /8h now · paid +0.004% over the last 7D

Price+$48spread −1.291% now, avg −1.773% → +0.482% if it goes back

Costs−$950.949% of $10k · taker + slippage, in and out

Result−$46−0.46%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−1.291%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ANTHROPIC on 26 exchanges

lowest funding first

Before you open

4 ok · 1 to watch

Watch: Thin at this size3.7 / 43.9 bp
At $10k entering Phoenix costs 43.9 bp, fee and slippage, 11.8× Lighter’s.
Note: Margin at max leverage$2,000 + $1,667
Lighter 5x, Phoenix 6x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$1.20Long Lighter: 24 payments, +$1.20; short Phoenix: 24 payments, $0.00.
OK: Entry gap works for you−1.291% vs −1.773%
You short the dearer leg. If the gap goes back to average, the short gains.
Note: Short leg is thinner$1.0M vs $2.3M OI
Both legs are deep; Phoenix is the smaller one.
OK: Points on a legLighter Season 3
Volume here counts toward the points program.
OK: No KYC on either legLighter No · Phoenix No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0002%/8h × 21 periods+$0.35

Price spread−1.291% → −1.773% (7d avg)+$48.19

Slippage, 4 orderslive order books−$87.90

Fee Lighter bp × 2 orders$0.00

Fee Phoenix bp × 2 orders−$7.00

Net · 7 days · $10k−$46.36

Costs to cover0.949%Break-even928.9 days

Slippage: Lighter: live order book, 3 min ago; Phoenix: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGLighter1.293.7 bp−$477.5 bp−$775doesn’t fitdoesn’t fit

SELL · SHORTPhoenix3.1343.9 bp−$44279.8 bp−$2,798doesn’t fitdoesn’t fit

Closing costs about the same again.

ANTHROPIC news

posts that mention ANTHROPIC or Anthropic, from every exchangeSearch all news →

10-25 07:00	MEXC	Other	Everyone wants a slice. When Anthropic goes public, who deserves the biggest piece of the pie? 🥧 Drop your split below. 👇 @MEXC on X ↗
10-25 07:00	MEXC	Other	Our Anthropic Pre-IPO Launchpad is coming. Complete missions first for a chance to win ANTHROPIC(PRE), an NVIDIA H200 GPU, and more! Win now. 👉 @MEXC on X ↗
10-24 20:00	Kalshi	Other	BREAKING: Anthropic's highest ranking executives have pledged to give away 80% of their personal wealth @Kalshi on X ↗
10-24 19:20	Kalshi	Other	JUST IN: UK partners with OpenAI, Anthropic, and Google to launch AI lab focused on preventing biological threats @Kalshi on X ↗
10-23 22:30	Markets by Kinetiq	Other	OpenAI's pre-IPO price is down 10% this month while Anthropic's is down 7%. China's Moonshot says its Kimi K3.1 Pro matches Claude Opus 5.5 on Terminal-Bench for about a third of the cost. @Markets_xyz on X ↗
10-23 13:00	MEXC	Other	Get ready for our Anthropic Pre-IPO Launchpad. 👀 Complete missions and enter our lucky draw to win exclusive rewards! Prizes include ANTHROPIC(PRE), NVIDIA H200 GPU, and more! Be part of the Pre-IPO hype and get in on the action now. 👉 @MEXC on X ↗