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−0.0032%/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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH ANTHROPIC2,1630.0032pay 0.0004% / 1h52m 42s$6.3M$16.0M5x
ShortLighter ANTHROPIC2,166.70get 0.0000% / 1h52m 42s$1.8M$900K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 6 min ago0.23 bp0.9 bp −$116.0 bp −$160247.2 bp −$24.7Kdoesn't fit
Sell Lighter live order book, 4 min ago0.23 bp9.8 bp −$1069.3 bp −$693doesn't fitdoesn'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%8h2,108.4−2.526%$42K$68K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0080%1h2,120.7−1.956%$267K$25K5xas long as short
Lighter ANTHROPICshort0.0000%1h2,166.7+0.171%$1.8M$900K5x
Bybit ANTHROPICUSDT0.0000%8h2,153.1−0.456%$2.3M$424K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.9+0.088%$4.8M$846K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,107.3−2.576%$1.4M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,154.1−0.410%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,106−2.637%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111.7−2.372%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.5−2.520%$1.6M$381K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIClong+0.0032%1h2,163long leg$6.3M$16.0M5x
Extended ANTHROP-USD+0.0048%1h2,106.9−2.593%$19K$22K10xas long as short
BloFin ANTHROPIC-USDT+0.0049%8h2,108.3−2.530%$270K$258K20xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,107.5−2.566%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,107.5−2.567%$32.1M$8.3M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.5−2.564%$7.8M$272K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7−2.417%$498K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,107.6−2.562%$2.4M$619Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,108−2.541%$10K$163K10xas long as short
Entropy io:ANTH+0.0089%1h2,152.3−0.495%$34.9M$7.5M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,108.2−2.536%$10K$6310xas long as short