Funding you earn now, next payment 02:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.005%
Price spread now: Binance against Lighter RH−2.997%7-day average −3.296% · 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−$4as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 2 days (all we have)−0.292%−$29 · spread now −2.997%, 7d avg −3.296%
=Together, before fees−0.254%+ Points / potential airdropLighter RH: Points live · farm board−$25 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 Binance is 0.299% dearer against Lighter RH than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of −3.296%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ANTHROPIC | 2,169.2 | 0.0032 | pay 0.0004% / 1h | 15m 39s | $6.3M | $16.5M | 5x |
| Short | Binance ANTHROPICUSDT | 2,104.2 | 0.0050 | get 0.0050% / 8h | 6h 15m | $31.9M | $8.2M | 20x |
Lighter RH ANTHROPIC
Binance ANTHROPICUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter RH. 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
- $3.78
- Price spread: −2.997% → −3.296%
- $29.9
- Slippage, 4 orders
- −$23.98
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$0.3
- Costs to cover
- 0.340%
- Break-even
- 7.6 days
Slippage from Lighter RH: live order book, 3 min ago; Binance: live order book, 11 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 RH live order book, 3 min ago | 0.23 bp | 4.3 bp −$4 | 16.5 bp −$165 | 227.3 bp −$22.7K | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.83 bp | 14.3 bp −$14 | 32.1 bp −$321 | doesn't fit | doesn't fit |
ANTHROPIC on 20 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 | −0.0336% | 8h | 2,104.6 | −2.979% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,104.3 | −2.994% | $1.4M | $1.4M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,167.7 | −0.069% | $1.9M | $915K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,151.1 | −0.836% | $2.4M | $363K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,166.8 | −0.111% | $4.8M | $975K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,151.8 | −0.802% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,102.5 | −3.073% | $25.8M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,107.8 | −2.831% | — | $2.5M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,104.9 | −2.962% | $1.6M | $374K | 10x | as long as short |
| Lighter RH ANTHROPIClong | +0.0032% | 1h | 2,169.2 | long leg | $6.3M | $16.5M | 5x |
HTX ANTHROPIC-USDT
QFEX ANTHROPIC-USD
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,103.7 | −3.021% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,104.3 | −2.994% | $122K | $7K | 10x | as long as short |
| Binance ANTHROPICUSDTshort | +0.0050% | 8h | 2,104.2 | −2.997% | $31.9M | $8.2M | 20x | |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,104.3 | −2.991% | $7.8M | $278K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,115.9 | −2.459% | $478K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,103.7 | −3.018% | $2.4M | $671K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,104.9 | −2.964% | $10K | $149K | 10x | as long as short |
| Entropy io:ANTH | +0.0082% | 1h | 2,161.5 | −0.355% | $35.2M | $7.6M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,103.8 | −3.015% | $10K | — | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0104% | 1h | 2,123.7 | −2.097% | $267K | $26K | 5x | as long as short |
Extended ANTHROP-USD
Aster ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
Entropy io:ANTH
Aevo ANTHROPIC-PERP
Coinbase International ANTHROPIC-PERP-INTX