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: Lighter against MEXC+2.952%7-day average +3.958% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as 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+2.058%+$206 · spread now +2.952%, 7d avg +3.958%
Together, before fees+1.954%+ Points / potential airdropLighter: Season 3 · farm board+$195 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 1.006% cheaper against MEXC than usual: you would sell low and buy high (−$101 if the spread goes back to its 7-day average of +3.958%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ANTHROPIC_USDT2,104.30.0050pay 0.0050% / 8h3h 37m$7.8M$276K50x
ShortLighter ANTHROPIC2,166.40get 0.0000% / 1h37m 54s$1.8M$946K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. 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: +2.952% → +3.958%
−$100.64
Slippage, 4 orders
−$38.4
Fee MEXC: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
−$149.54
Costs to cover
0.384%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Lighter: live order book, 9 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 MEXC live order book, 5 min ago1.21 bp2.0 bp −$261.6 bp −$616500.3 bp −$50.0Kdoesn't fit
Sell Lighter live order book, 9 min ago0.69 bp20.1 bp −$20129.4 bp −$1,294doesn't fitdoesn'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+0.040%$42K$67K20xas long as short
Lighter ANTHROPICshort0.0000%1h2,166.4+2.952%$1.8M$946K5x
Bybit ANTHROPICUSDT0.0000%8h2,150.7+2.204%$2.4M$352K25xas long as short
OKX ANTHROPIC-USDT-SWAP0.0000%8h2,164.9+2.881%$4.8M$877K10xas long as short
QFEX ANTHROPIC-USD0.0000%1h2,104.2−0.006%$1.4M$1.2M10xas long as short
Gate ANTHROPIC_USDT0.0000%8h2,152.6+2.295%$2.4M$1.1M50xas long as short
Bitget ANTHROPICUSDT0.0000%8h2,103.7−0.027%$25.9M$3.1M20xas long as short
SunX ANTHROPIC-USDT0.0000%8h2,107.9+0.172%$2.4M10xas long as short
Phemex ANTHROPICUSDT0.0000%8h2,104.8+0.023%$1.6M$376K10xas long as short
Coinbase International ANTHROPIC-PERP-INTX+0.0008%1h2,123.7+0.923%$267K$25K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ANTHROPIC+0.0032%1h2,161.3+2.710%$6.2M$15.8M5xas long as short
BloFin ANTHROPIC-USDT+0.0046%8h2,104.5+0.010%$269K$256K20xas long as short
Extended ANTHROP-USD+0.0048%1h2,103.6−0.031%$19K$22K10xas long as short
Aster ANTHROPICUSDT+0.0050%8h2,104.1−0.007%$121K$6K10xas long as short
Binance ANTHROPICUSDT+0.0050%8h2,104.2−0.006%$32.0M$8.1M20xas long as short
MEXC ANTHROPIC_USDTlong+0.0050%8h2,104.3long leg$7.8M$276K50x
KuCoin ANTHROPICUSDTM+0.0050%8h2,110.7+0.304%$477K$20K20xas long as short
Variational Omni ANTHROPIC+0.0050%8h2,104.8+0.023%$2.4M$689Kas long as short
GRVT ANTHROPIC_USDT_Perp+0.0050%8h2,105.4+0.055%$10K$155K10xas long as short
Entropy io:ANTH+0.0064%1h2,149.9+2.168%$34.8M$7.6M6xas long as short
Aevo ANTHROPIC-PERP+0.0104%1h2,104.1−0.010%$10K$6310xas long as short