Funding arb · Price arb /

ASTS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against Bitget+0.039%7-day average — · you sell dearer than you buy

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

Long on Bitget 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 airdropLighter 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 0.039% dearer against Bitget than usual: you sell high and buy low: +$4 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	Bitget ASTSUSDT	61.900	0	get 0.0000% / 8h	2h 01m	$1.2M	$434K	20x
Short	Lighter RH ASTS	61.924	0.0032	get 0.0004% / 1h	1m 43s	$9K	$29K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bitget. 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 BitgetbpFee Lighter RHbpOrdersPrice spread, now +0.039%Rate

Funding earned: $6.72
Price spread: +0.039% → 0.000%: $3.88
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$1.4
Costs to cover: 0.120%
Break-even: 8.5 days

Slippage unknown: Bitget: live order book, 4 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 Bitget live order book, 4 min ago	15.35 bp	41.0 bp −$41	60.5 bp −$605	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
BloFin ASTS-USDT	−0.0029%	8h	61.910	+0.016%	$44K	$8K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	61.895	−0.008%	$13K	$28K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	61.912	+0.019%	$8K	$249K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	61.916	+0.026%	$2.7M	$4.2M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	61.920	+0.032%	$718K	$433K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	61.820	−0.129%	$748K	$760K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.880	−0.032%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDTlong	0.0000%	8h	61.900	long leg	$1.2M	$434K	20x
GRVT ASTS_USDT_Perp	0.0000%	8h	61.947	+0.076%	$660	$191K	10x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.940	+0.065%	$841	$816K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ASTS-USDT	0.0000%	8h	61.940	+0.065%	$5K	$4K	20x	as long as short
QFEX ASTS-USD	+0.0025%	1h	61.910	+0.016%	$1.1M	$2.0M	10x	as long as short
Lighter RH ASTSshort	+0.0032%	1h	61.924	+0.039%	$9K	$29K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	61.880	−0.032%	—	—	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.900	0.000%	$280K	$37K	20x	as long as short