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 against Lighter RH+0.171%7-day average +0.226% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$360.360% of the position
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 RH: Points live · Lighter: Season 3 · farm board+$104 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.055% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.226%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ANTHROPIC | 2,163 | 0.0032 | pay 0.0004% / 1h | 52m 42s | $6.3M | $16.0M | 5x |
| Short | Lighter ANTHROPIC | 2,166.7 | 0 | get 0.0000% / 1h | 52m 42s | $1.8M | $900K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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: +0.171% → +0.226%
- −$5.49
- Slippage, 4 orders
- −$36.04
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$48.25
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 6 min ago; Lighter: live order book, 4 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, 6 min ago | 0.23 bp | 0.9 bp −$1 | 16.0 bp −$160 | 247.2 bp −$24.7K | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.23 bp | 9.8 bp −$10 | 69.3 bp −$693 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ANTHROPIC-USDT | −0.0434% | 8h | 2,108.4 | −2.526% | $42K | $68K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0080% | 1h | 2,120.7 | −1.956% | $267K | $25K | 5x | as long as short |
| Lighter ANTHROPICshort | 0.0000% | 1h | 2,166.7 | +0.171% | $1.8M | $900K | 5x | |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,153.1 | −0.456% | $2.3M | $424K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.9 | +0.088% | $4.8M | $846K | 10x | as long as short |
| QFEX ANTHROPIC-USD | 0.0000% | 1h | 2,107.3 | −2.576% | $1.4M | $1.1M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,154.1 | −0.410% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,106 | −2.637% | $25.9M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,111.7 | −2.372% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.5 | −2.520% | $1.6M | $381K | 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 | 2,163 | long leg | $6.3M | $16.0M | 5x | |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,106.9 | −2.593% | $19K | $22K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0049% | 8h | 2,108.3 | −2.530% | $270K | $258K | 20x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,107.5 | −2.566% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,107.5 | −2.567% | $32.1M | $8.3M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,107.5 | −2.564% | $7.8M | $272K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,110.7 | −2.417% | $498K | $25K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,107.6 | −2.562% | $2.4M | $619K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,108 | −2.541% | $10K | $163K | 10x | as long as short |
| Entropy io:ANTH | +0.0089% | 1h | 2,152.3 | −0.495% | $34.9M | $7.5M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,108.2 | −2.536% | $10K | $63 | 10x | as long as short |
Lighter RH ANTHROPIC
Lighter ANTHROPIC
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Extended ANTHROP-USD
BloFin ANTHROPIC-USDT
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp