Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,730.2 | +0.1489 | pay 0.0186% / 1h | 45m 23s | $346K | $3.9M | 10x | Long Polymarket Perps | |
| SHORT | 1,600.2 | −0.0096 | pay 0.0012% / 1h | 45m 23s | $2.6M | $3.6M | 5x | Short Lighter7d free |
Price gap−7.514%
Funding gap−0.1585% /8h
Both sides work against this direction now: funding costs $48 a day on $10k and the gap is 3.850% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$21−0.1585% /8h now · paid +0.209% over the last 7D
Price−$385spread −7.514% now, avg −3.663% → −3.850% if it goes back
Costs−$1341.340% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.209% in total, about +0.0100%/8h on average.
Price and funding
1h · historyEntry / 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−7.514%
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
/8hANTHROPIC on 29 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size51.9 / 41.8 bpAt $10k entering Polymarket Perps costs 51.9 bp, fee and slippage, 1.2× Lighter’s.
- Note: Margin at max leverage$1,000 + $2,000Polymarket Perps 10x, Lighter 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$47.54Long Polymarket Perps: 24 payments, −$44.66; short Lighter: 24 payments, −$2.88.
- Watch: Gap narrower than usual−7.514% vs −3.663%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$346K vs $2.6M OIPolymarket Perps sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legPolymarket Perps No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0100%/8h × 21 periods+$20.91
Price spread−7.514% → −3.663% (7d avg)−$385.02
Slippage, 4 orderslive order books−$126.03
Fee Polymarket Perps bp × 2 orders−$8.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$498.14
Costs to cover1.340%Break-even173.8 days
Slippage: Polymarket Perps: live order book, 1 min ago; Lighter: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPolymarket Perps5.7851.9 bp−$52doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTLighter2.5041.8 bp−$42166.8 bp−$1,668doesn’t fitdoesn’t fit
Closing costs about the same again.
ANTHROPIC news
posts that mention ANTHROPIC or Anthropic, from every exchange| 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 ↗ |
| 11-05 14:00 | Bitget | Other | VIPs, It's time to subscribe to Anthropic IPO. You've got 5 days to subsribe. @bitget on X ↗ |
| 11-05 14:00 | MEXC | Contest | The Anthropic Pre-IPO Carnival is live on MEXC! 🚀 $600,000 prize pool. Grand prize: 5 ANTon. Register & complete eligible missions to get draw chances. Every draw wins a prize! Get ahead of the biggest IPO buzz now. 👉 @MEXC on X ↗ |
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