Settings8H · net · $10k
Funding arb · Price arb /

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Gate+0.428%7-day average +1.632% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$1671.666% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 7 days+1.070%+$107 · spread now +0.428%, 7d avg +1.632%
Together, before fees+1.137%+ Points / potential airdropLighter RH: Points live · farm board+$114 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 1.203% cheaper against Gate than usual: you would sell low and buy high (spread +0.428% now, against its 7-day average of +1.632%). If the spread goes back, that is −$120 on $10k: about 4 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ANTHROPIC_USDT2,154.70get 0.0000% / 8h4h 08m$2.4M$1.1M50x
ShortLighter RH ANTHROPIC2,163.90.0032get 0.0004% / 1h8m 09s$6.2M$16.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$6.72
Price spread: +0.428% → +1.632%
−$120.34
Slippage, 4 orders
−$151.6
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$280.22
Costs to cover
1.666%
Break-even
298.9 days
Slippage from Gate: live order book, 5 min ago; Lighter RH: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago7.67 bp102.5 bp −$102doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 6 min ago0.23 bp3.7 bp −$418.6 bp −$186121.8 bp −$12.2Kdoesn't fit

ANTHROPIC on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ANTHROPIC-USDT−0.0429%8h2,108.5−2.145%$42K$67K20xas long as short
Coinbase International ANTHROPIC-PERP-INTX−0.0280%1h2,123.7−1.437%$267K$25K5xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,107.7−2.179%$1.4M$1.2M10xas long as short
Lighter ANTHROPIC0.0000%1h2,166.3+0.540%$1.9M$951K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,150.4−0.199%$2.4M$351K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,165.1+0.484%$4.8M$865K10xas long as short
Gate ANTHROPIC_USDTlong0.0000%8h2,154.7long leg$2.4M$1.1M50x
Bitget ANTHROPICUSDT0.0000%8h2,105.1−2.302%$26.0M$3.0M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,111.6−1.999%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.6−2.139%$1.6M$375K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPICshort+0.0032%1h2,163.9+0.428%$6.2M$16.1M5x
Extended ANTHROP-USD+0.0048%1h2,107−2.212%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,107.8−2.175%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,107.6−2.186%$32.0M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.4−2.192%$7.8M$279K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7−2.042%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,107.2−2.205%$2.4M$681Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,107.2−2.205%$10K$151K10xas long as short
BloFin ANTHROPIC-USDT+0.0051%8h2,107.7−2.179%$270K$257K20xas long as short
Entropy io:ANTH+0.0081%1h2,152.7−0.091%$34.9M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,107.4−2.193%$10K$6310xas long as short