The ideal anti-Zeno effect means that a perpetual observation leads to an immediate disappearance of the unstable system. We present a straightforward way to derive sufficient conditions under which such a situation occurs expressed in terms of the decaying states and spectral properties of the Hamiltonian. They show, in particular, that the gap between Zeno and anti-Zeno effects is in fact very narrow.The Zeno effect which means that an unstable system will never decay if we monitor its decay perpetually is known for decades. For the first time it was formulated explicitly in this context by Beskow and Nilsson [3] and soon after a mathematical analysis [5,14] revealed sufficient conditions under which it exists; it became truly popular after the authors of [20] coined its present name. Recently the effect attracted a new wave of mathematical [8,9,19,22] and physical [11,10,12,13,16,18] interest; in the mentioned papers one can find a more complete bibliography.Although the opposite situation, in which a frequent measurement can on the contrary speed up the decay, or ideally to lead to an immediate disappearance of the unstable system, was also noticed early [6], it attracted attention only recently -see, e.g., [1,2,17,21] and also [22] and references therein. As in the case of the Zeno effect, the problem can be tackled from two points of view. The more practical one concerns the increase of the measured lifetime in case when the measurement are performed with a certain frequency. On the other hand, theoretically one can ask what happens if the period between two successive measurements tend to zero. The distinction between the two 1