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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.005%
Price spread now: Lighter RH against KuCoin+2.636%7-day average +3.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$687as in the Funding arb table
Net, price: spread back to 7d avg − costs−$726as in the Price arb table
costs, in and out, $10k−$6836.828% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 4 days (all we have)+1.075%+$107 · spread now +2.636%, 7d avg +3.066%
Together, before fees+1.037%+ Points / potential airdropLighter RH: Points live · farm board+$104 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter RH is 0.430% cheaper against KuCoin than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of +3.066%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ANTHROPICUSDTM2,114.40.0050pay 0.0050% / 8h31m 00s$499K$26K20x
ShortLighter RH ANTHROPIC2,170.10.0032get 0.0004% / 1h31m 00s$6.4M$16.4M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against KuCoin. 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
−$3.78
Price spread: +2.636% → +3.066%
−$42.97
Slippage, 4 orders
−$670.81
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$729.57
Costs to cover
6.828%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago11.32 bp536.4 bp −$536doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 3 min ago0.23 bp0.2 bp $05.3 bp −$53127.6 bp −$12.8Kdoesn'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−0.0425%8h2,109.3−0.240%$42K$69K20xas long as short
QFEX ANTHROPIC-USD−0.0002%1h2,108.1−0.297%$1.4M$1.1M10xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,153.8+1.866%$2.3M$422K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,165+2.395%$4.8M$852K10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,155.3+1.934%$2.4M$1.0M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,105.2−0.434%$25.9M$3.2M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,112.2−0.103%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,108.5−0.280%$1.6M$382K10xas long as short
Lighter ANTHROPIC+0.0008%1h2,172.7+2.759%$1.9M$877K5xas long as short
Lighter RH ANTHROPICshort+0.0032%1h2,170.1+2.636%$6.4M$16.4M5x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ANTHROP-USD+0.0048%1h2,107.6−0.319%$19K$5K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,108.3−0.288%$122K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,108.2−0.292%$32.1M$8.3M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,107.8−0.310%$7.8M$270K50xas long as short
KuCoin ANTHROPICUSDTMlong+0.0050%8h2,114.4long leg$499K$26K20x
Variational Omni ANTHROPIC+0.0050%8h2,107.9−0.307%$2.3M$655Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,108−0.300%$10K$167K10xas long as short
BloFin ANTHROPIC-USDT+0.0050%8h2,108.1−0.297%$270K$258K20xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,108.1−0.295%$10K$6310xas long as short
Coinbase International ANTHROPIC-PERP-INTX+0.0128%1h2,120.7+0.299%$267K$25K5xas long as short
Entropy io:ANTH+0.0131%1h2,156.8+2.007%$35.0M$7.5M6xas long as short