Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Bybit against Lighter RH−0.780%7-day average −1.720% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs+$34as in the Price arb table
costs, in and out, $10k−$600.597% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days−1.060%−$106 · spread now −0.780%, 7d avg −1.720%
=Together, before fees−1.127%+ Points / potential airdropLighter RH: Points live · farm board−$113 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.940% dearer against Lighter RH than usual: you sell high and buy low (spread −0.780% now, against its 7-day average of −1.720%): +$94 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ANTHROPIC | 2,172.1 | 0.0032 | pay 0.0004% / 1h | 17m 17s | $6.3M | $17.2M | 5x |
| Short | Bybit ANTHROPICUSDT | 2,155.2 | 0 | get 0.0000% / 8h | 17m 17s | $2.4M | $373K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$6.72
- Price spread: −0.780% → −1.720%
- $94
- Slippage, 4 orders
- −$48.75
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $27.53
- Costs to cover
- 0.597%
- Break-even
- from the start
Slippage from Lighter RH: live order book, 2 min ago; Bybit: live order book, 5 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, 2 min ago | 0.23 bp | 0.3 bp $0 | 13.6 bp −$136 | 213.5 bp −$21.3K | doesn't fit |
| Sell Bybit live order book, 5 min ago | 8.38 bp | 37.6 bp −$38 | 160.2 bp −$1,602 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ANTHROPIC-PERP-INTX | −0.0376% | 1h | 2,119.1 | −2.441% | $267K | $26K | 5x | as long as short |
| HTX ANTHROPIC-USDT | −0.0281% | 8h | 2,109.2 | −2.898% | $42K | $70K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,108.3 | −2.939% | $1.4M | $1.5M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,173.3 | +0.055% | $1.9M | $713K | 5x | as long as short |
| Bybit ANTHROPICUSDTshort | 0.0000% | 8h | 2,155.2 | −0.780% | $2.4M | $373K | 25x | |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,171.1 | −0.046% | $4.8M | $1.1M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,157.1 | −0.692% | $2.5M | $1.2M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,104.2 | −3.127% | $25.8M | $3.1M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,112.8 | −2.730% | — | $2.6M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.8 | −2.917% | $1.6M | $376K | 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 ANTHROPIClong | +0.0032% | 1h | 2,172.1 | long leg | $6.3M | $17.2M | 5x | |
| BloFin ANTHROPIC-USDT | +0.0042% | 8h | 2,108 | −2.950% | $267K | $259K | 20x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,108 | −2.950% | $19K | $38K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,108.6 | −2.925% | $123K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,108.6 | −2.926% | $31.9M | $8.1M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,108.4 | −2.933% | $7.8M | $279K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,122.2 | −2.296% | $479K | $21K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,107.9 | −2.954% | $2.3M | $515K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,107.6 | −2.971% | $10K | $157K | 10x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,108.2 | −2.940% | $10K | — | 10x | as long as short |
| Entropy io:ANTH | +0.0114% | 1h | 2,161.2 | −0.502% | $35.1M | $7.7M | 6x | as long as short |
Lighter RH ANTHROPIC
Bybit ANTHROPICUSDT
Coinbase International ANTHROPIC-PERP-INTX
HTX ANTHROPIC-USDT
Lighter ANTHROPIC
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
BloFin ANTHROPIC-USDT
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp