Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.005%
Price spread now: KuCoin against Lighter RH−2.568%7-day average −3.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$679as in the Funding arb table
Net, price: spread back to 7d avg − costs−$633as in the Price arb table
costs, in and out, $10k−$6836.828% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)−1.143%−$114 · spread now −2.568%, 7d avg −3.066%
=Together, before fees−1.105%+ Points / potential airdropLighter RH: Points live · farm board−$110 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.497% dearer against Lighter RH than usual: you sell high and buy low: +$50 more if the spread goes back to its 7-day average of −3.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ANTHROPIC | 2,170.1 | 0.0032 | pay 0.0004% / 1h | 30m 57s | $6.4M | $16.4M | 5x |
| Short | KuCoin ANTHROPICUSDTM | 2,114.4 | 0.0050 | get 0.0050% / 8h | 30m 57s | $499K | $26K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Lighter RH. 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
- $3.78
- Price spread: −2.568% → −3.066%
- $49.74
- Slippage, 4 orders
- −$670.81
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$629.29
- Costs to cover
- 6.828%
- Break-even
- 1172.4 days
Slippage from Lighter RH: live order book, 3 min ago; KuCoin: 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 Lighter RH live order book, 3 min ago | 0.23 bp | 0.4 bp $0 | 16.5 bp −$165 | 219.0 bp −$21.9K | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 11.32 bp | 145.8 bp −$146 | doesn't fit | 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 | −0.0425% | 8h | 2,109.3 | −2.802% | $42K | $69K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,108.1 | −2.857% | $1.4M | $1.1M | 10x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,153.8 | −0.750% | $2.3M | $422K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,165 | −0.235% | $4.8M | $852K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,155.3 | −0.683% | $2.4M | $1.0M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,105.2 | −2.991% | $25.9M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,112.2 | −2.668% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.5 | −2.840% | $1.6M | $382K | 10x | as long as short |
| Lighter ANTHROPIC | +0.0008% | 1h | 2,172.7 | +0.120% | $1.9M | $877K | 5x | as long as short |
| Lighter RH ANTHROPIClong | +0.0032% | 1h | 2,170.1 | long leg | $6.4M | $16.4M | 5x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,107.6 | −2.879% | $19K | $5K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,108.3 | −2.849% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,108.2 | −2.852% | $32.1M | $8.3M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,107.8 | −2.870% | $7.8M | $270K | 50x | as long as short |
| KuCoin ANTHROPICUSDTMshort | +0.0050% | 8h | 2,114.4 | −2.568% | $499K | $26K | 20x | |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,107.9 | −2.867% | $2.3M | $655K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,108 | −2.860% | $10K | $167K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0050% | 8h | 2,108.1 | −2.858% | $270K | $258K | 20x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,108.1 | −2.856% | $10K | $63 | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0128% | 1h | 2,120.7 | −2.276% | $267K | $25K | 5x | as long as short |
| Entropy io:ANTH | +0.0131% | 1h | 2,156.8 | −0.613% | $35.0M | $7.5M | 6x | as long as short |
Lighter RH ANTHROPIC
KuCoin ANTHROPICUSDTM
HTX ANTHROPIC-USDT
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX