Funding you earn now, next payment 06:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.010%
Price spread now: Lighter RH against QFEX+2.813%7-day average +3.755% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$210.213% of the position
Funding, last 4 days (all we have)+0.037%+$4 on $10k
+Price spread, last 7 days+0.742%+$74 · spread now +2.813%, 7d avg +3.755%
=Together, before fees+0.780%+ Points / potential airdropLighter RH: Points live · farm board+$78 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.942% cheaper against QFEX than usual: you would sell low and buy high (spread +2.813% now, against its 7-day average of +3.755%). If the spread goes back, that is −$94 on $10k: about 3 months of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ANTHROPIC-USD | 2,103.3 | −0.0006 | get 0.0001% / 1h | 26m 15s | $1.4M | $1.2M | 10x |
| Short | Lighter RH ANTHROPIC | 2,162.5 | 0.0032 | get 0.0004% / 1h | 26m 15s | $6.3M | $16.2M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.08
- Price spread: +2.813% → +3.755%
- −$94.2
- Slippage, 4 orders
- −$11.34
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$107.45
- Costs to cover
- 0.213%
- Break-even
- 100.1 days
Slippage from QFEX: live order book, 10 min ago; Lighter RH: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 10 min ago | 2.16 bp | 7.2 bp −$7 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 0.23 bp | 3.0 bp −$3 | 11.2 bp −$112 | 110.1 bp −$11.0K | doesn't fit |
ANTHROPIC on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ANTHROPIC-USDT | −0.0464% | 8h | 2,104.4 | +0.050% | $42K | $68K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0064% | 1h | 2,113.5 | +0.482% | $267K | $25K | 5x | as long as short |
| QFEX ANTHROPIC-USDlong | −0.0006% | 1h | 2,103.3 | long leg | $1.4M | $1.2M | 10x | |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,166.6 | +3.008% | $1.9M | $946K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,152.5 | +2.340% | $2.3M | $425K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.1 | +2.889% | $4.8M | $850K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,150.9 | +2.263% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,102.7 | −0.029% | $25.8M | $3.3M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,107.2 | +0.184% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,105.2 | +0.087% | $1.6M | $380K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPICshort | +0.0032% | 1h | 2,162.5 | +2.813% | $6.3M | $16.2M | 5x | |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,102.9 | −0.022% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,103.5 | +0.007% | $121K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,103.5 | +0.006% | $32.0M | $8.3M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,103.6 | +0.013% | $7.8M | $277K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,110.1 | +0.321% | $499K | $25K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,103.6 | +0.012% | $2.4M | $704K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,103.5 | +0.008% | $10K | $158K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0065% | 8h | 2,103.2 | −0.008% | $270K | $257K | 20x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,103.7 | +0.017% | $10K | $63 | 10x | as long as short |
| Entropy io:ANTH | +0.0112% | 1h | 2,151 | +2.266% | $34.9M | $7.7M | 6x | as long as short |
Lighter RH ANTHROPIC
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT