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−0.0050%/8h= −5.5% APRpaid last 24h −0.014%
Price spread now: Lighter against MEXC+2.809%7-day average +3.943% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$410.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.103%−$10 on $10k
Price spread, last 7 days+1.954%+$195 · spread now +2.809%, 7d avg +3.943%
Together, before fees+1.851%+ Points / potential airdropLighter: Season 3 · farm board+$185 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 1.134% cheaper against MEXC than usual: you would sell low and buy high (−$113 if the spread goes back to its 7-day average of +3.943%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ANTHROPIC_USDT2,107.60.0050pay 0.0050% / 8h1h 53m$7.8M$272K50x
ShortLighter ANTHROPIC2,166.80get 0.0000% / 1h53m 04s$1.8M$900K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. 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
−$10.5
Price spread: +2.809% → +3.943%
−$113.39
Slippage, 4 orders
−$41.16
Fee MEXC: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
−$165.05
Costs to cover
0.412%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Lighter: live order book, 3 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 MEXC live order book, 5 min ago1.14 bp3.9 bp −$489.7 bp −$897470.4 bp −$47.0Kdoesn't fit
Sell Lighter live order book, 3 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+0.037%$42K$68K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0080%1h2,120.7+0.622%$267K$25K5xas long as short
Lighter ANTHROPICshort0.0000%1h2,166.8+2.809%$1.8M$900K5x
Bybit ANTHROPICUSDT0.0000%8h2,152.7+2.138%$2.3M$424K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,165.3+2.738%$4.8M$847K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,107.5−0.004%$1.4M$1.1M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,154.1+2.207%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,106−0.077%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111.7+0.195%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.5+0.042%$1.6M$381K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,163+2.629%$6.3M$16.0M5xas long as short
Extended ANTHROP-USD+0.0048%1h2,106.9−0.033%$19K$22K10xas long as short
BloFin ANTHROPIC-USDT+0.0049%8h2,108.3+0.032%$270K$258K20xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,107.5−0.003%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,107.5−0.004%$32.1M$8.3M20xas long as short
MEXC ANTHROPIC_USDTlong+0.0050%8h2,107.6long leg$7.8M$272K50x
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7+0.149%$498K$25K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,107.6−0.001%$2.4M$619Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,108+0.021%$10K$163K10xas long as short
Entropy io:ANTH+0.0088%1h2,152.3+2.121%$34.9M$7.5M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,108.2+0.026%$10K$6310xas long as short