Funding you earn now, next payment 10:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Bybit against Lighter RH−0.605%7-day average −1.646% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$1161.157% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days−1.499%−$150 · spread now −0.605%, 7d avg −1.646%
=Together, before fees−1.566%+ Points / potential airdropLighter RH: Points live · farm board−$157 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 1.042% dearer against Lighter RH than usual: you sell high and buy low (spread −0.605% now, against its 7-day average of −1.646%): +$104 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ANTHROPIC | 2,165.9 | 0.0032 | pay 0.0004% / 1h | 5m 12s | $6.3M | $16.8M | 5x |
| Short | Bybit ANTHROPICUSDT | 2,152.8 | 0 | get 0.0000% / 8h | 6h 05m | $2.3M | $384K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$6.72
- Price spread: −0.605% → −1.646%
- $104.17
- Slippage, 4 orders
- −$104.74
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$18.29
- Costs to cover
- 1.157%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; Bybit: 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 RH live order book, 2 min ago | 0.23 bp | 4.8 bp −$5 | 19.1 bp −$191 | 237.4 bp −$23.7K | doesn't fit |
| Sell Bybit live order book, 5 min ago | 29.66 bp | 62.1 bp −$62 | 304.8 bp −$3,048 | doesn't fit | doesn't fit |
ANTHROPIC on 21 exchanges
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 | −0.0380% | 8h | 2,109.4 | −2.607% | $42K | $67K | 20x | as long as short |
| QFEX ANTHROPIC-USD | −0.0004% | 1h | 2,108.9 | −2.631% | $1.4M | $1.0M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,171.7 | +0.268% | $1.9M | $837K | 5x | as long as short |
| Bybit ANTHROPICUSDTshort | 0.0000% | 8h | 2,152.8 | −0.605% | $2.3M | $384K | 25x | |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,168 | +0.097% | $4.8M | $780K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,156.7 | −0.423% | $2.4M | $998K | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,107.7 | −2.689% | $25.9M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,113.7 | −2.410% | — | $1.8M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,110.9 | −2.538% | $1.6M | $360K | 10x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | +0.0008% | 1h | 2,117.9 | −2.214% | $267K | $26K | 5x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ANTHROPIC-USDT | +0.0030% | 8h | 2,109.6 | −2.598% | $273K | $248K | 20x | as long as short |
| Lighter RH ANTHROPIClong | +0.0032% | 1h | 2,165.9 | long leg | $6.3M | $16.8M | 5x | |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,108.2 | −2.664% | $10K | $11K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,108.9 | −2.633% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,108.8 | −2.635% | $32.1M | $7.4M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,109.9 | −2.584% | $7.8M | $258K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,118 | −2.213% | $500K | $175K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,108.7 | −2.640% | $2.3M | $626K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,107.7 | −2.687% | $10K | $183K | 10x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,108.7 | −2.643% | $10K | $63 | 10x | as long as short |
| Entropy io:ANTH | +0.0115% | 1h | 2,155 | −0.503% | $35.1M | $7.1M | 6x | as long as short |
Lighter RH ANTHROPIC
Bybit ANTHROPICUSDT
HTX ANTHROPIC-USDT
Lighter ANTHROPIC
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
Coinbase International ANTHROPIC-PERP-INTX
BloFin ANTHROPIC-USDT
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp