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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ANTHROPIC | 2,166.4 | 0 | get 0.0000% / 1h | 38m 07s | $1.8M | $946K | 5x |
| Short | MEXC ANTHROPIC_USDT | 2,104.3 | 0.0050 | get 0.0050% / 8h | 3h 38m | $7.8M | $276K | 50x |
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 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: −2.865% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 8 min ago | 0.69 bp | 14.8 bp −$15 | 290.4 bp −$2,904 | 747.0 bp −$74.7K | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.21 bp | 1.4 bp −$1 | 15.1 bp −$151 | 423.7 bp −$42.4K | 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 | −0.0450% | 8h | 2,105.1 | −2.829% | $42K | $67K | 20x | as long as short |
| Lighter ANTHROPIClong | 0.0000% | 1h | 2,166.4 | long leg | $1.8M | $946K | 5x | |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,150.7 | −0.725% | $2.4M | $352K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.9 | −0.069% | $4.8M | $877K | 10x | as long as short |
| QFEX ANTHROPIC-USD | 0.0000% | 1h | 2,104.2 | −2.873% | $1.4M | $1.2M | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,152.6 | −0.638% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,103.7 | −2.893% | $25.9M | $3.1M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,107.9 | −2.700% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,104.8 | −2.845% | $1.6M | $376K | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0008% | 1h | 2,123.7 | −1.971% | $267K | $25K | 5x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,161.3 | −0.235% | $6.2M | $15.8M | 5x | as long as short |
| BloFin ANTHROPIC-USDT | +0.0046% | 8h | 2,104.5 | −2.858% | $269K | $256K | 20x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,103.7 | −2.894% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,104.2 | −2.873% | $121K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,104.2 | −2.870% | $32.0M | $8.1M | 20x | as long as short |
| MEXC ANTHROPIC_USDTshort | +0.0050% | 8h | 2,104.3 | −2.865% | $7.8M | $276K | 50x | |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,110.7 | −2.572% | $477K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,104.8 | −2.845% | $2.4M | $689K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,105.4 | −2.814% | $10K | $155K | 10x | as long as short |
| Entropy io:ANTH | +0.0064% | 1h | 2,149.9 | −0.762% | $34.8M | $7.6M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,104.1 | −2.877% | $10K | $63 | 10x | as long as short |
Lighter ANTHROPIC
MEXC ANTHROPIC_USDT
HTX ANTHROPIC-USDT
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter RH ANTHROPIC
BloFin ANTHROPIC-USDT
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp