Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h 0.000%

Price spread now: Lighter RH against Binance−0.014%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ASTSUSDT	61.659	0.0076	pay 0.0076% / 8h	2h 13m	$2.7M	$4.2M	20x
Short	Lighter RH ASTS	61.650	0.0032	get 0.0004% / 1h	13m 37s	$9K	$31K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Binance. 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 BinancebpFee Lighter RHbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$9.28
Price spread: −0.014% → 0.000%: −$1.43
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$20.71
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 8 min ago; 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 Binance live order book, 8 min ago	2.44 bp	17.9 bp −$18	63.1 bp −$631	doesn't fit	doesn't fit
Sell Lighter RH no order-book sample	—	—	—	—	—

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
Bitget ASTSUSDT	−0.0078%	8h	61.580	−0.128%	$1.2M	$357K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	61.609	−0.081%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	61.580	−0.128%	$701K	$315K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	61.600	−0.095%	$745K	$688K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.590	−0.112%	$1.6M	$1.2M	25x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.530	−0.209%	$1K	$695K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	61.600	−0.095%	$5K	$3K	20x	as long as short
Lighter RH ASTSshort	+0.0032%	1h	61.650	−0.014%	$9K	$31K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	61.520	−0.225%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0054%	1h	61.630	−0.047%	$1.1M	$1.9M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ASTS-USD	+0.0072%	1h	61.641	−0.030%	$9K	$233K	10x	as long as short
Binance ASTSUSDTlong	+0.0076%	8h	61.659	long leg	$2.7M	$4.2M	20x
BloFin ASTS-USDT	+0.0081%	8h	61.610	−0.079%	$45K	$8K	20x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.490	−0.274%	$281K	$58K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0152%	8h	61.518	−0.228%	$995	$163K	10x	as long as short