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+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: MEXC against Lighter−2.865%7-day average −3.958% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs+$71as in the Price arb table
costs, in and out, $10k−$380.384% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.103%+$10 on $10k
Price spread, last 7 days−2.145%−$214 · spread now −2.865%, 7d avg −3.958%
Together, before fees−2.041%+ Points / potential airdropLighter: Season 3 · farm board−$204 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 MEXC is 1.093% dearer against Lighter than usual: you sell high and buy low: +$109 more if the spread goes back to its 7-day average of −3.958%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ANTHROPIC2,166.40get 0.0000% / 1h38m 07s$1.8M$946K5x
ShortMEXC ANTHROPIC_USDT2,104.30.0050get 0.0050% / 8h3h 38m$7.8M$276K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Lighter. 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
$10.5
Price spread: −2.865% → −3.958%
$109.33
Slippage, 4 orders
−$38.4
Fee Lighter: 0 bp × 2 orders
$0
Fee MEXC: 0 bp × 2 orders
$0
Net
$81.43
Costs to cover
0.384%
Break-even
from the start
Slippage from Lighter: live order book, 8 min ago; MEXC: live order book, 5 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 Lighter live order book, 8 min ago0.69 bp14.8 bp −$15290.4 bp −$2,904747.0 bp −$74.7Kdoesn't fit
Sell MEXC live order book, 5 min ago1.21 bp1.4 bp −$115.1 bp −$151423.7 bp −$42.4Kdoesn'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−0.0450%8h2,105.1−2.829%$42K$67K20xas long as short
Lighter ANTHROPIClong0.0000%1h2,166.4long leg$1.8M$946K5x
Bybit ANTHROPICUSDT0.0000%8h2,150.7−0.725%$2.4M$352K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.9−0.069%$4.8M$877K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,104.2−2.873%$1.4M$1.2M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,152.6−0.638%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,103.7−2.893%$25.9M$3.1M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,107.9−2.700%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,104.8−2.845%$1.6M$376K10xas long as short
Coinbase International ANTHROPIC-PERP-INTX+0.0008%1h2,123.7−1.971%$267K$25K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,161.3−0.235%$6.2M$15.8M5xas long as short
BloFin ANTHROPIC-USDT+0.0046%8h2,104.5−2.858%$269K$256K20xas long as short
Extended ANTHROP-USD+0.0048%1h2,103.7−2.894%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,104.2−2.873%$121K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,104.2−2.870%$32.0M$8.1M20xas long as short
MEXC ANTHROPIC_USDTshort+0.0050%8h2,104.3−2.865%$7.8M$276K50x
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7−2.572%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,104.8−2.845%$2.4M$689Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,105.4−2.814%$10K$155K10xas long as short
Entropy io:ANTH+0.0064%1h2,149.9−0.762%$34.8M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,104.1−2.877%$10K$6310xas long as short