Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: QFEX against Lighter−2.865%7-day average −4.023% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs+$73as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 4 days (all we have)−0.004%$0 on $10k
+Price spread, last 7 days−2.582%−$258 · spread now −2.865%, 7d avg −4.023%
=Together, before fees−2.585%+ Points / potential airdropLighter: Season 3 · farm board−$259 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 1.159% dearer against Lighter than usual: you sell high and buy low, +$116 on $10k if it goes back to its 7-day average of −4.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ANTHROPIC | 2,164.3 | 0 | get 0.0000% / 1h | 24m 09s | $1.9M | $895K | 5x |
| Short | QFEX ANTHROPIC-USD | 2,102.3 | −0.0004 | pay 0.0001% / 1h | 24m 09s | $1.4M | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Lighter. 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
- −$0.89
- Price spread: −2.865% → −4.023%
- $115.85
- Slippage, 4 orders
- −$32.78
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $72.18
- Costs to cover
- 0.428%
- Break-even
- from the start
Slippage from Lighter: live order book, 2 min ago; QFEX: live order book, 2 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 Lighter live order book, 2 min ago | 0.23 bp | 6.1 bp −$6 | 61.5 bp −$615 | 684.2 bp −$68.4K | doesn't fit |
| Sell QFEX live order book, 2 min ago | 1.93 bp | 9.2 bp −$9 | 10.2 bp −$102 | doesn't fit | 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 | −0.0413% | 8h | 2,102.5 | −2.854% | $41K | $67K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0144% | 1h | 2,123.7 | −1.875% | $267K | $25K | 5x | as long as short |
| QFEX ANTHROPIC-USDshort | −0.0004% | 1h | 2,102.3 | −2.865% | $1.4M | $1.3M | 10x | |
| Lighter ANTHROPIClong | 0.0000% | 1h | 2,164.3 | long leg | $1.9M | $895K | 5x | |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,150 | −0.660% | $2.4M | $357K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,163.9 | −0.018% | $4.8M | $901K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,151 | −0.616% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,101.4 | −2.906% | $25.7M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,106.1 | −2.689% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,103.6 | −2.804% | $1.6M | $374K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ANTHROPIC-USDT | +0.0025% | 8h | 2,102.4 | −2.860% | $269K | $255K | 20x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,166.1 | +0.083% | $6.3M | $16.1M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,101.9 | −2.885% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,102.5 | −2.857% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,102.4 | −2.860% | $31.9M | $8.1M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,102.4 | −2.861% | $7.8M | $277K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,111.2 | −2.452% | $477K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,101.8 | −2.889% | $2.4M | $679K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,102.1 | −2.873% | $10K | $148K | 10x | as long as short |
| Entropy io:ANTH | +0.0089% | 1h | 2,157.4 | −0.319% | $35.1M | $7.5M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,102 | −2.877% | $10K | — | 10x | as long as short |
Lighter ANTHROPIC
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
BloFin ANTHROPIC-USDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp