ANTHROPIC

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhemexANTHROPICUSDT	1,504.4	0	0.0000% / 8h	4h 05m	$1.3M	$816K	10x	Long Phemex
SHORT	LighterANTHROPIC	1,621	−0.0008	pay 0.0001% / 1h	5m 31s	$2.4M	$4.9M	5x	Short Lighter7d free

Price gap+7.752%

Funding gap−0.0008% /8h

Funding is ≈ 0, so this is a price-spread trade: +$503 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding$0−0.0008% /8h now · paid +0.002% over the last 7D

Price+$503spread +7.752% now, avg +2.725% → +5.027% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs+$503+5.03%+ Points / potential airdropLighter: Season 3 · farm boardcosts unknown: book too thin at $10k ·

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+7.752%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ANTHROPIC on 29 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than Phemex’s order book right now.
Note: Margin at max leverage$1,000 + $2,000
Phemex 10x, Lighter 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$0.24Long Phemex: 3 payments, $0.00; short Lighter: 24 payments, −$0.24.
OK: Entry gap works for you+7.752% vs +2.725%
You short the dearer leg. If the gap goes back to average, the short gains.
Note: Long leg is thinner$1.3M vs $2.4M OI
Both legs are deep; Phemex is the smaller one.
OK: Points on a legLighter Season 3
Volume here counts toward the points program.
Watch: KYCPhemex Yes · Lighter No
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0001%/8h × 21 periods+$0.18

Price spread+7.752% → +2.725% (7d avg)+$502.68

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee Phemex bp × 2 orders−$12.00

Fee Lighter bp × 2 orders$0.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: Phemex: live order book, 3 min ago; Lighter: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhemex3.90doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTLighter0.932.2 bp−$2130.8 bp−$1,3081042.6 bp−$104.3Kdoesn’t fit

Closing costs about the same again.

ANTHROPIC news

posts that mention ANTHROPIC or Anthropic, from every exchange

11-06 02:41	BingX	Other	Anthropic's edge isn't just AI performance. It's safety positioning, cloud distribution, and enterprise adoption all compounding at once 👀 👉 @BingXOfficial on X ↗
11-06 00:31	Kalshi	Other	JUST IN: Investors are “increasingly skeptical” that Anthropic can IPO at a $1.5 trillion valuation @Kalshi on X ↗
11-05 19:32	Kalshi	Other	BREAKING: 74% chance Anthropic officially announces an IPO this year @Kalshi on X ↗
11-05 15:49	Entropy	Other	Anthropic fell ~5% on Entropy from $1,850 to $1,750, an implied $1.75T, as US chip stocks sold off at the open, with AMD down 15% and Nvidia nearly 8%. @entropyIO on X ↗
11-05 15:17	Polymarket Perps	Other	Think in billions, not shares.‍‍‍ A move from 1,820 to 1,830 on $ANT represents a $10B increase in Anthropic's implied valuation. Trade $ANT on Polymarket Perps with a 3× volume boost in the $50K Competition👇 @Poly_Perps on X ↗
11-05 15:15	Bitget	Other	Join our expert guest, Benson, as he shares investment strategies and expert insights on the Anthropic IPO. Benson is a veteran of 100+ IPOs and former Venture Capital Fund Director of a listed company. We'll start in few minutes. Join on Bitget Live now! 🎙️ @bitget on X ↗