ANTHROPIC

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhoenixANTHROPIC	1,942.4	+0.0371	pay 0.0046% / 1h	45m 26s	$1.1M	$44K	6x	Long Phoenix
SHORT	Lighter RHANTHROPIC	1,983.8	+0.0016	get 0.0002% / 1h	45m 26s	$8.5M	$40.0M	5x	Short Lighter RH+10% pts

Price gap+2.131%

Funding gap−0.0355% /8h

The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $11 a day and eats that in about 16 hours. At the last 7 days' pace that is about 11 months.

If you open now and hold

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

Funding$0−0.0355% /8h now · paid −0.001% over the last 7D

Price+$7spread +2.131% now, avg +2.062% → +0.069% if it goes back

Costs−$970.969% of $10k · taker + slippage, in and out

Result−$90−0.90%+ Points / potential airdropLighter RH: Points live · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.001% in total, about −0.0001%/8h on average.

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+2.131%

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 26 exchanges

lowest funding first

Before you open

4 ok · 2 to watch

Watch: Thin at this size43.7 / 4.6 bp
At $10k entering Phoenix costs 43.7 bp, fee and slippage, 9.5× Lighter RH’s.
Note: Margin at max leverage$1,667 + $2,000
Phoenix 6x, Lighter RH 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$10.64Long Phoenix: 24 payments, −$11.12; short Lighter RH: 24 payments, +$0.48.
OK: Entry gap works for you+2.131% vs +2.062%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$1.1M vs $8.5M OI
Phoenix sets your exit cost. Check its book before closing.
OK: Points on a legLighter RH Points live
Volume here counts toward the points program.
OK: No KYC on either legPhoenix No · Lighter RH No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0001%/8h × 21 periods−$0.15

Price spread+2.131% → +2.062% (7d avg)+$6.91

Slippage, 4 orderslive order books−$89.86

Fee Phoenix bp × 2 orders−$7.00

Fee Lighter RH bp × 2 orders$0.00

Net · 7 days · $10k−$90.10

Costs to cover0.969%Break-evennever at this rate

Slippage: Phoenix: live order book, 2 min ago; Lighter RH: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhoenix3.0943.7 bp−$44252.4 bp−$2,524doesn’t fitdoesn’t fit

SELL · SHORTLighter RH1.014.6 bp−$5doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

ANTHROPIC news

posts that mention ANTHROPIC or Anthropic, from every exchangeSearch all news →

10-25 07:00	MEXC	Other	Everyone wants a slice. When Anthropic goes public, who deserves the biggest piece of the pie? 🥧 Drop your split below. 👇 @MEXC on X ↗
10-25 07:00	MEXC	Other	Our Anthropic Pre-IPO Launchpad is coming. Complete missions first for a chance to win ANTHROPIC(PRE), an NVIDIA H200 GPU, and more! Win now. 👉 @MEXC on X ↗
10-24 20:00	Kalshi	Other	BREAKING: Anthropic's highest ranking executives have pledged to give away 80% of their personal wealth @Kalshi on X ↗
10-24 19:20	Kalshi	Other	JUST IN: UK partners with OpenAI, Anthropic, and Google to launch AI lab focused on preventing biological threats @Kalshi on X ↗
10-23 22:30	Markets by Kinetiq	Other	OpenAI's pre-IPO price is down 10% this month while Anthropic's is down 7%. China's Moonshot says its Kimi K3.1 Pro matches Claude Opus 5.5 on Terminal-Bench for about a third of the cost. @Markets_xyz on X ↗
10-23 13:00	MEXC	Other	Get ready for our Anthropic Pre-IPO Launchpad. 👀 Complete missions and enter our lucky draw to win exclusive rewards! Prizes include ANTHROPIC(PRE), NVIDIA H200 GPU, and more! Be part of the Pre-IPO hype and get in on the action now. 👉 @MEXC on X ↗