Funding you earn now, next payment 05:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h +0.047%
Price spread now: Coinbase International against Lighter RH−2.038%7-day average −3.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs+$25as in the Price arb table
costs, in and out, $10k−$720.720% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)−1.145%−$114 · spread now −2.038%, 7d avg −3.011%
=Together, before fees−1.193%+ Points / potential airdropLighter RH: Points live · farm board−$119 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.973% dearer against Lighter RH than usual: you sell high and buy low (spread −2.038% now, against its 7-day average of −3.011%): +$97 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 days. At the pace of the last 7 days (−0.048% in total) that is about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ANTHROPIC | 2,162.5 | 0.0032 | pay 0.0004% / 1h | 9m 36s | $6.3M | $16.3M | 5x |
| Short | Coinbase International ANTHROPIC-PERP-INTX | 2,118.4 | −0.0064 | pay 0.0008% / 1h | 9m 36s | $267K | $25K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$20.16
- Price spread: −2.038% → −3.011%
- $97.3
- Slippage, 4 orders
- −$62.02
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $5.12
- Costs to cover
- 0.720%
- Break-even
- from the start
Slippage from Lighter RH: live order book, 4 min ago; Coinbase International: live order book, 38 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, 4 min ago | 0.23 bp | 0.2 bp $0 | 8.9 bp −$89 | 238.6 bp −$23.9K | doesn't fit |
| Sell Coinbase International live order book, 38 min ago | 27.16 bp | 32.2 bp −$32 | 55.3 bp −$553 | doesn't fit | 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 | −0.0456% | 8h | 2,107.6 | −2.537% | $42K | $68K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTXshort | −0.0064% | 1h | 2,118.4 | −2.038% | $267K | $25K | 5x | |
| QFEX ANTHROPIC-USD | −0.0006% | 1h | 2,107 | −2.566% | $1.4M | $1.2M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,166.5 | +0.185% | $1.9M | $946K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,152.7 | −0.454% | $2.3M | $425K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.8 | +0.106% | $4.8M | $854K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,152.4 | −0.468% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,105.3 | −2.647% | $25.9M | $3.3M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,111 | −2.382% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,108.2 | −2.513% | $1.6M | $382K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ANTHROPIC-USDT | +0.0020% | 8h | 2,107.6 | −2.538% | $269K | $258K | 20x | as long as short |
| Lighter RH ANTHROPIClong | +0.0032% | 1h | 2,162.5 | long leg | $6.3M | $16.3M | 5x | |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,106.6 | −2.586% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,106.9 | −2.570% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,107 | −2.566% | $32.1M | $8.4M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,106.9 | −2.569% | $7.8M | $278K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,110.7 | −2.394% | $498K | $25K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,106.7 | −2.581% | $2.4M | $707K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,106.7 | −2.579% | $10K | $160K | 10x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,107 | −2.568% | $10K | $63 | 10x | as long as short |
| Entropy io:ANTH | +0.0121% | 1h | 2,151.9 | −0.490% | $34.9M | $7.5M | 6x | as long as short |
Lighter RH ANTHROPIC
Coinbase International ANTHROPIC-PERP-INTX
HTX ANTHROPIC-USDT
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Gate ANTHROPIC_USDT
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
BloFin ANTHROPIC-USDT
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp