Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,423.8 | +0.0050 | pay 0.0050% / 8h | 16m 19s | $4.3M | $1.3M | 20x | Long Variational Omni+15% pts | |
| SHORT | 1,668 | +0.0048 | get 0.0006% / 1h | 16m 19s | $3.0M | $3.9M | 5x | Short Lighter7d free |
Price gap+17.155%
Funding gap−0.0002% /8h
Funding is ≈ 0, so this is a price-spread trade: +$1,715 on $10k if the gap goes back to zero (no 7-day history yet).
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10−0.0002% /8h now · paid −0.100% over the last 7D
Price—spread +17.155% now · no price history on both exchanges yet
Costs−$290.287% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropVariational Omni: points · Lighter: Season 3 · farm boardneeds both price histories
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+17.155%
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 · 1 to watch- OK: Fits both order books14.2 / 5.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $2,000Variational Omni 20x, Lighter 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.06Long Variational Omni: 3 payments, −$1.50; short Lighter: 24 payments, +$1.44.
- Note: No 7-day spread history+17.155%The gap cannot be compared with its average yet.
- Note: Short leg is thinner$3.0M vs $4.3M OIBoth legs are deep; Lighter is the smaller one.
- OK: Points on a legVariational Omni points · Lighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0047%/8h × 21 periods−$9.97
Price spread+17.155% → 0+$1,715.48
Slippage, 4 orderslive order books−$28.66
Fee Variational Omni bp × 2 orders$0.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k+$1,676.85
Costs to cover0.287%Break-evenfrom the start
Slippage: Variational Omni: RFQ quote, 3 min ago; Lighter: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni2.7014.2 bp−$1425.2 bp−$252doesn’t fitdoesn’t fit
SELL · SHORTLighter0.305.2 bp−$513.8 bp−$138doesn’t fitdoesn’t fit
Closing costs about the same again.
ANTHROPIC news
posts that mention ANTHROPIC or Anthropic, from every exchange| 11-09 14:30 | Orderly | Listing | Trade Anthropic before the IPO $ANT pre-IPO perp is now LIVE across 500+ Orderly-powered DEXs Go long or short on one of the biggest names in AI before it hits the public markets @OrderlyNetwork on X ↗ |
| 11-09 13:51 | OKX | Other | Anthropic’s IPO plans are in motion. The trade is already here on The New Money App. Trade its implied valuation long or short, with up to 10x leverage on X-Perps. @okx on X ↗ |
| 11-09 12:00 | Bitget | Other | ICYMI. Here's the updated timeline on Anthropic IPO ahead of its anticipated listing day next week! @bitget on X ↗ |
| 11-09 04:17 | Bitget | Other | More Time, Same Opportunity! We've extended the Anthropic IPO Prime VIP Round deadline to November 11, 8:00 UTC, giving you extra time ahead of the roadshow. Don't miss your chance to subscribe to this exclusive opportunity. Subscribe now before the window closes! 👉 @bitget on X ↗ |
| 11-08 12:08 | Entropy | Other | Anthropic climbed ~5% from around $1,580 to $1,665 on Entropy, implying a $1.66T valuation, as the FT reported its $3.4B deal to secure 1.7GW of gas-fired generators for its data centers. @entropyIO on X ↗ |
| 11-08 11:29 | Kalshi | Other | JUST IN: Anthropic signs $3.4 billion deal to produce gas-fired power for data centers @Kalshi on X ↗ |


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