Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.010%
Price spread now: QFEX against Lighter RH−2.984%7-day average −3.776% · 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+$57as in the Price arb table
costs, in and out, $10k−$220.222% of the position
Funding, last 3 days (all we have)−0.035%−$4 on $10k
+Price spread, last 7 days−0.539%−$54 · spread now −2.984%, 7d avg −3.776%
=Together, before fees−0.574%+ Points / potential airdropLighter RH: Points live · farm board−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.792% dearer against Lighter RH than usual: you sell high and buy low (spread −2.984% now, against its 7-day average of −3.776%): +$79 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ANTHROPIC | 2,173.5 | 0.0032 | pay 0.0004% / 1h | 59m 28s | $6.3M | $16.2M | 5x |
| Short | QFEX ANTHROPIC-USD | 2,108.6 | 0.0000 | pay 0.0000% / 1h | 59m 28s | $1.4M | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$6.75
- Price spread: −2.984% → −3.776%
- $79.16
- Slippage, 4 orders
- −$12.21
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $50.2
- Costs to cover
- 0.222%
- Break-even
- from the start
Slippage from Lighter RH: live order book, 4 min ago; QFEX: live order book, 7 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, 4 min ago | 0.46 bp | 4.4 bp −$4 | 16.3 bp −$163 | 203.2 bp −$20.3K | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.63 bp | 6.7 bp −$7 | 7.7 bp −$77 | 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 | −0.0338% | 8h | 2,109 | −2.966% | $42K | $67K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0080% | 1h | 2,123.7 | −2.291% | $267K | $26K | 5x | as long as short |
| QFEX ANTHROPIC-USDshort | 0.0000% | 1h | 2,108.6 | −2.984% | $1.4M | $1.4M | 10x | |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,168.7 | −0.221% | $1.9M | $909K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,154.8 | −0.859% | $2.4M | $380K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,169.1 | −0.202% | $4.8M | $1.0M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,156.5 | −0.783% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,105.9 | −3.108% | $25.9M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,112.6 | −2.802% | — | $2.6M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,110.1 | −2.915% | $1.6M | $375K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPIClong | +0.0032% | 1h | 2,173.5 | long leg | $6.3M | $16.2M | 5x | |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,108.1 | −3.008% | $19K | $38K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,108.7 | −2.981% | $122K | $7K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,108.7 | −2.982% | $32.0M | $8.1M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,108.7 | −2.980% | $7.8M | $275K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,119.6 | −2.480% | $478K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,108.1 | −3.010% | $2.4M | $664K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,109.5 | −2.943% | $10K | $151K | 10x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0066% | 8h | 2,108 | −3.014% | $268K | $257K | 20x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,108.1 | −3.007% | $10K | — | 10x | as long as short |
| Entropy io:ANTH | +0.0107% | 1h | 2,166.4 | −0.327% | $35.3M | $7.6M | 6x | as long as short |
Lighter RH ANTHROPIC
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
BloFin ANTHROPIC-USDT