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

ANTHROPIC

RWAall ANTHROPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against OKX−0.157%7-day average +1.346% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$270.269% 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+1.137%+$114 · spread now −0.157%, 7d avg +1.346%
Together, before fees+1.204%+ Points / potential airdropLighter RH: Points live · farm board+$120 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 1.503% cheaper against OKX than usual: you would sell low and buy high (spread −0.157% now, against its 7-day average of +1.346%). If the spread goes back, that is −$150 on $10k: about 5 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ANTHROPIC-USDT-SWAP2,164.90get 0.0000% / 8h3h 36m$4.8M$877K10x
ShortLighter RH ANTHROPIC2,161.50.0032get 0.0004% / 1h36m 58s$6.3M$15.9M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against OKX. 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: −0.157% → +1.346%
−$150.26
Slippage, 4 orders
−$16.88
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$170.42
Costs to cover
0.269%
Break-even
184.5 days
Slippage from OKX: live order book, 1 min ago; Lighter RH: live order book, 2 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 OKX live order book, 1 min ago0.23 bp11.9 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago0.46 bp1.6 bp −$26.1 bp −$61101.5 bp −$10.2Kdoesn'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−0.0451%8h2,105.1−2.761%$42K$67K20xas long as short
Lighter ANTHROPIC0.0000%1h2,166.4+0.069%$1.8M$946K5xas long as short
Bybit ANTHROPICUSDT0.0000%8h2,150.7−0.657%$2.4M$351K25xas long as short
OKX ANTHROPIC-USDT-SWAPlong0.0000%8h2,164.9long leg$4.8M$877K10x
QFEX ANTHROPIC-USD0.0000%1h2,104.1−2.807%$1.4M$1.2M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,152.5−0.571%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,103.7−2.826%$25.9M$3.1M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,108.4−2.610%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,105.5−2.746%$1.6M$375K10xas long as short
Coinbase International ANTHROPIC-PERP-INTX+0.0008%1h2,123.7−1.903%$267K$25K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPICshort+0.0032%1h2,161.5−0.157%$6.3M$15.9M5x
Extended ANTHROP-USD+0.0048%1h2,103.6−2.832%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,104−2.812%$121K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,104.2−2.802%$32.0M$8.1M20xas long as short
MEXC ANTHROPIC_USDT+0.0050%8h2,104.3−2.797%$7.8M$276K50xas long as short
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7−2.505%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,104.8−2.778%$2.4M$689Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,104.9−2.771%$10K$155K10xas long as short
BloFin ANTHROPIC-USDT+0.0064%8h2,104.6−2.784%$270K$256K20xas long as short
Entropy io:ANTH+0.0067%1h2,149.9−0.693%$34.8M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,103.9−2.817%$10K$6310xas long as short