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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against OKX−0.037%7-day average +1.356% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$260.255% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 7 days+0.901%+$90 · spread now −0.037%, 7d avg +1.356%
Together, before fees+0.968%+ Points / potential airdropLighter RH: Points live · farm board+$97 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 1.393% cheaper against OKX than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +1.356%). If the spread goes back, that is −$139 on $10k: about 5 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ANTHROPIC-USDT-SWAP2,166.50get 0.0000% / 8h5h 01m$4.8M$858K10x
ShortLighter RH ANTHROPIC2,165.70.0032get 0.0004% / 1h1m 57s$6.2M$16.2M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against OKX. 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: −0.037% → +1.356%
−$139.28
Slippage, 4 orders
−$15.54
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$158.1
Costs to cover
0.255%
Break-even
171.7 days
Slippage from OKX: live order book, 1 min ago; Lighter RH: live order book, 2 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 OKX live order book, 1 min ago0.92 bp15.3 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago0.23 bp0.2 bp $010.3 bp −$103124.8 bp −$12.5Kdoesn'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−0.0393%8h2,104.5−2.860%$41K$67K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0144%1h2,123.7−1.975%$267K$25K5xas long as short
QFEX ANTHROPIC-USD−0.0004%1h2,103.4−2.913%$1.4M$1.3M10xas long as short
Lighter ANTHROPIC0.0000%1h2,165.2−0.060%$1.9M$914K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,149.5−0.787%$2.4M$352K25xas long as short
OKX ANTHROPIC-USDT-SWAPlong0.0000%8h2,166.5long leg$4.8M$858K10x
Gate ANTHROPIC_USDT0.0000%8h2,153.6−0.596%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,102.3−2.966%$25.7M$3.0M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,108.1−2.696%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,105.4−2.823%$1.6M$377K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ANTHROPIC-USDT+0.0029%8h2,103.1−2.926%$269K$255K20xas long as short
Lighter RH ANTHROPICshort+0.0032%1h2,165.7−0.037%$6.2M$16.2M5x
Extended ANTHROP-USD+0.0048%1h2,103.7−2.900%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,104.2−2.875%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,104.2−2.876%$32.0M$8.2M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,105−2.841%$7.8M$279K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7−2.577%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,102.5−2.954%$2.4M$679Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,102.8−2.942%$10K$149K10xas long as short
Entropy io:ANTH+0.0092%1h2,155.7−0.498%$35.0M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,103.8−2.895%$10K10xas long as short