Funding you earn now, next payment 11:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Gate against Lighter RH−0.338%7-day average −1.588% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$1901.896% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days−1.484%−$148 · spread now −0.338%, 7d avg −1.588%
=Together, before fees−1.551%+ Points / potential airdropLighter RH: Points live · farm board−$155 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 1.250% dearer against Lighter RH than usual: you sell high and buy low (spread −0.338% now, against its 7-day average of −1.588%): +$125 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 | 2,164.3 | 0.0032 | pay 0.0004% / 1h | 43m 58s | $6.2M | $16.5M | 5x |
| Short | Gate ANTHROPIC_USDT | 2,157 | 0 | get 0.0000% / 8h | 5h 43m | $2.5M | $986K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.338% → −1.588%
- $125.01
- Slippage, 4 orders
- −$174.57
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$71.28
- Costs to cover
- 1.896%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 3 min ago; Gate: live order book, 2 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, 3 min ago | 0.69 bp | 4.9 bp −$5 | 18.8 bp −$188 | 242.8 bp −$24.3K | doesn't fit |
| Sell Gate live order book, 2 min ago | 8.27 bp | 82.2 bp −$82 | 598.9 bp −$5,989 | 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 | −0.0383% | 8h | 2,111.2 | −2.454% | $42K | $69K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0024% | 1h | 2,117.9 | −2.142% | $267K | $26K | 5x | as long as short |
| QFEX ANTHROPIC-USD | −0.0004% | 1h | 2,110 | −2.508% | $1.4M | $1.0M | 10x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,168.7 | +0.203% | $1.9M | $829K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,151.8 | −0.578% | $2.3M | $381K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,166.3 | +0.092% | $4.8M | $687K | 10x | as long as short |
| Gate ANTHROPIC_USDTshort | 0.0000% | 8h | 2,157 | −0.338% | $2.5M | $986K | 50x | |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,108.9 | −2.562% | $26.0M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,114.3 | −2.310% | — | $1.7M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,111 | −2.464% | $1.6M | $359K | 10x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ANTHROPIClong | +0.0032% | 1h | 2,164.3 | long leg | $6.2M | $16.5M | 5x | |
| BloFin ANTHROPIC-USDT | +0.0045% | 8h | 2,110.8 | −2.473% | $274K | $248K | 20x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,109.9 | −2.513% | $10K | $11K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,110.3 | −2.496% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,110.6 | −2.480% | $32.2M | $7.4M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,110.7 | −2.475% | $7.8M | $245K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,118.8 | −2.104% | $501K | $198K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,109.8 | −2.516% | $2.3M | $661K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,109.9 | −2.513% | $10K | $186K | 10x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,110.1 | −2.506% | $10K | $63 | 10x | as long as short |
| Entropy io:ANTH | +0.0106% | 1h | 2,155.2 | −0.420% | $35.1M | $7.1M | 6x | as long as short |
Lighter RH ANTHROPIC
Gate ANTHROPIC_USDT
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
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