Settings8H · net · $10k
Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: SunX against Lighter RH−2.517%7-day average −3.483% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.067%−$7 on $10k
Price spread, last 4 days (all we have)−3.090%−$309 · spread now −2.517%, 7d avg −3.483%
Together, before fees−3.157%+ Points / potential airdropLighter RH: Points live · farm board−$316 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.966% dearer against Lighter RH than usual: you sell high and buy low (spread −2.517% now, against its 7-day average of −3.483%): +$97 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH ANTHROPIC2,165.60.0032pay 0.0004% / 1h36m 08s$6.2M$15.8M5x
ShortSunX ANTHROPIC-USDT2,111.10get 0.0000% / 8h4h 36m$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −2.517% → −3.483%
$96.61
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
$81.89
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Lighter RH: live order book, 3 min ago; SunX: live order book, 11 min ago. Net counts fees only.

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, 3 min ago0.23 bp0.2 bp $09.7 bp −$97231.1 bp −$23.1Kdoesn't fit
Sell SunX live order book, 11 min ago497.13 bpdoesn't fitdoesn't fitdoesn'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−0.0416%8h2,107.8−2.670%$42K$67K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0280%1h2,123.7−1.934%$267K$25K5xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,106.9−2.709%$1.4M$1.3M10xas long as short
Lighter ANTHROPIC0.0000%1h2,166+0.018%$1.9M$925K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,150.1−0.715%$2.4M$351K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.8−0.037%$4.8M$867K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,153.9−0.538%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,104−2.846%$25.9M$3.0M20xas long as short
SunX ANTHROPIC-USDTshort0.0000%8h2,111.1−2.517%$2.4M10x
Phemex ANTHROPICUSDT0.0000%8h2,107.9−2.663%$1.6M$378K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIClong+0.0032%1h2,165.6long leg$6.2M$15.8M5x
Extended ANTHROP-USD+0.0048%1h2,106.7−2.719%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,107.4−2.689%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,107.2−2.695%$32.0M$8.2M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.3−2.693%$7.8M$277K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7−2.536%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,106.9−2.710%$2.4M$681Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,105.8−2.761%$10K$149K10xas long as short
BloFin ANTHROPIC-USDT+0.0072%8h2,107.1−2.703%$269K$256K20xas long as short
Entropy io:ANTH+0.0081%1h2,154−0.536%$35.0M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,107.2−2.698%$10K$6310xas long as short