Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: KuCoin against Lighter−2.382%7-day average −3.172% · you buy dearer than you sell
Net, funding: paid 7d − costs−$669as in the Funding arb table
Net, price: spread back to 7d avg − costs−$600as in the Price arb table
costs, in and out, $10k−$6796.794% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 4 days (all we have)−1.640%−$164 · spread now −2.382%, 7d avg −3.172%
=Together, before fees−1.537%+ Points / potential airdropLighter: Season 3 · farm board−$154 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.790% dearer against Lighter than usual: you sell high and buy low: +$79 more if the spread goes back to its 7-day average of −3.172%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ANTHROPIC | 2,167.5 | 0 | get 0.0000% / 1h | 14m 33s | $1.9M | $915K | 5x |
| Short | KuCoin ANTHROPICUSDTM | 2,115.9 | 0.0050 | get 0.0050% / 8h | 6h 14m | $478K | $20K | 20x |
Lighter ANTHROPIC
KuCoin ANTHROPICUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $10.5
- Price spread: −2.382% → −3.172%
- $78.96
- Slippage, 4 orders
- −$667.42
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$589.96
- Costs to cover
- 6.794%
- Break-even
- 400.3 days
Slippage from Lighter: live order book, 2 min ago; KuCoin: live order book, 23 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 | 7.38 bp | 24.5 bp −$24 | 125.0 bp −$1,250 | 695.7 bp −$69.6K | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 8.15 bp | 101.0 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
ANTHROPIC on 20 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 | −0.0313% | 8h | 2,106 | −2.838% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0002% | 1h | 2,104 | −2.931% | $1.4M | $1.4M | 10x | as long as short |
| Lighter ANTHROPIClong | 0.0000% | 1h | 2,167.5 | long leg | $1.9M | $915K | 5x | |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,151.6 | −0.734% | $2.4M | $363K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,166.7 | −0.037% | $4.8M | $975K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,152.4 | −0.695% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,103.4 | −2.958% | $25.8M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,108.6 | −2.717% | — | $2.5M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,103.1 | −2.973% | $1.5M | $373K | 10x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,169.2 | +0.078% | $6.3M | $16.5M | 5x | as long as short |
HTX ANTHROPIC-USDT
QFEX ANTHROPIC-USD
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Lighter RH ANTHROPICShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ANTHROP-USD | +0.0048% | 1h | 2,103.2 | −2.966% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,103.7 | −2.942% | $122K | $7K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,104.2 | −2.922% | $31.9M | $8.1M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,104.4 | −2.911% | $7.8M | $278K | 50x | as long as short |
| KuCoin ANTHROPICUSDTMshort | +0.0050% | 8h | 2,115.9 | −2.382% | $478K | $20K | 20x | |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,103.7 | −2.942% | $2.4M | $671K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,104.9 | −2.888% | $10K | $149K | 10x | as long as short |
| Entropy io:ANTH | +0.0082% | 1h | 2,161.4 | −0.281% | $35.2M | $7.6M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,104.1 | −2.926% | $10K | — | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0104% | 1h | 2,123.7 | −2.020% | $267K | $26K | 5x | as long as short |
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp
Entropy io:ANTH
Aevo ANTHROPIC-PERP
Coinbase International ANTHROPIC-PERP-INTX