Funding you earn now, next payment 03:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.010%
Price spread now: Lighter RH against QFEX+3.035%7-day average +3.765% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$190.189% of the position
Funding, last 4 days (all we have)+0.036%+$4 on $10k
+Price spread, last 7 days+0.396%+$40 · spread now +3.035%, 7d avg +3.765%
=Together, before fees+0.432%+ Points / potential airdropLighter RH: Points live · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.731% cheaper against QFEX than usual: you would sell low and buy high (spread +3.035% now, against its 7-day average of +3.765%). If the spread goes back, that is −$73 on $10k: about 2 months of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ANTHROPIC-USD | 2,102.3 | −0.0004 | get 0.0001% / 1h | 25m 08s | $1.4M | $1.3M | 10x |
| Short | Lighter RH ANTHROPIC | 2,166.1 | 0.0032 | get 0.0004% / 1h | 25m 08s | $6.3M | $16.1M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against QFEX. 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
- $7.61
- Price spread: +3.035% → +3.765%
- −$73.07
- Slippage, 4 orders
- −$8.94
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$84.4
- Costs to cover
- 0.189%
- Break-even
- 84.6 days
Slippage from QFEX: live order book, 1 min ago; Lighter RH: live order book, 4 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 QFEX live order book, 1 min ago | 1.93 bp | 6.9 bp −$7 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 0.23 bp | 1.9 bp −$2 | 15.1 bp −$151 | 129.6 bp −$13.0K | 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 | −0.0409% | 8h | 2,103 | +0.035% | $42K | $67K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0144% | 1h | 2,123.7 | +1.018% | $267K | $25K | 5x | as long as short |
| QFEX ANTHROPIC-USDlong | −0.0004% | 1h | 2,102.3 | long leg | $1.4M | $1.3M | 10x | |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,164.4 | +2.954% | $1.9M | $894K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,150 | +2.269% | $2.4M | $357K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,163.9 | +2.930% | $4.8M | $901K | 10x | as long as short |
| Gate ANTHROPIC_USDT | 0.0000% | 8h | 2,150.7 | +2.302% | $2.4M | $1.1M | 50x | as long as short |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,101.2 | −0.054% | $25.7M | $3.0M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,105.9 | +0.171% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,102.7 | +0.020% | $1.5M | $374K | 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 | +0.0025% | 8h | 2,102.4 | +0.005% | $269K | $255K | 20x | as long as short |
| Lighter RH ANTHROPICshort | +0.0032% | 1h | 2,166.1 | +3.035% | $6.3M | $16.1M | 5x | |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,101.8 | −0.022% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,102.5 | +0.008% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,102.4 | +0.005% | $31.9M | $8.1M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,102.2 | −0.004% | $7.8M | $277K | 50x | as long as short |
| KuCoin ANTHROPICUSDTM | +0.0050% | 8h | 2,112 | +0.461% | $477K | $20K | 20x | as long as short |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,101.8 | −0.025% | $2.4M | $679K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,102.1 | −0.009% | $10K | $148K | 10x | as long as short |
| Entropy io:ANTH | +0.0090% | 1h | 2,157.6 | +2.630% | $35.1M | $7.6M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,102 | −0.015% | $10K | — | 10x | as long as short |
Lighter RH ANTHROPIC
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
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