Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against Aster+0.112%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.112% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ASTSUSDT	62.190	0	get 0.0000% / 8h	4h 25m	$13K	$28K	20x
Short	Lighter RH ASTS	62.259	0.0032	get 0.0004% / 1h	25m 50s	$9K	$30K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee Lighter RHbpOrdersPrice spread, now +0.112%Rate

Funding earned: $6.72
Price spread: +0.112% → 0.000%: $11.16
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $9.88
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; Lighter RH: no order-book sample. Net counts fees only.

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 Aster no order-book sample	—	—	—	—	—
Sell Lighter RH no order-book sample	—	—	—	—	—

Aster and Lighter RH: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ASTS on 15 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
Aster ASTSUSDTlong	0.0000%	8h	62.190	long leg	$13K	$28K	20x
Bybit ASTSUSDT	0.0000%	8h	62.210	+0.033%	$706K	$376K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.200	+0.017%	$753K	$760K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.220	+0.049%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.250	+0.097%	$1.2M	$355K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.280	+0.145%	$911	$724K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.220	+0.049%	$5K	$3K	20x	as long as short
BloFin ASTS-USDT	+0.0016%	8h	62.280	+0.145%	$45K	$8K	20x	as long as short
Lighter RH ASTSshort	+0.0032%	1h	62.259	+0.112%	$9K	$30K	10x
Binance ASTSUSDT	+0.0045%	8h	62.280	+0.145%	$2.7M	$4.2M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest ASTS-USD-PERP	+0.0046%	1h	62.180	−0.015%	—	—	10x	as long as short
Extended ASTS-USD	+0.0048%	1h	62.264	+0.119%	$9K	$232K	10x	as long as short
QFEX ASTS-USD	+0.0080%	1h	62.160	−0.048%	$1.1M	$2.0M	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	62.210	+0.033%	$282K	$56K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0122%	8h	62.221	+0.051%	$966	$167K	10x	as long as short