Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.011%

Price spread now: QFEX against Gate+0.048%7-day average +0.005% · 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−$93as in the Price arb table

costs, in and out, $10k−$970.975% of the position

Long on Gate Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.019%+$2 on $10k

Price spread, last 7 days+0.057%+$6 · spread now +0.048%, 7d avg +0.005%

Together, before fees+0.076%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.044% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ASTS_USDT	61.950	0	get 0.0000% / 8h	1h 37m	$1.7M	$1.2M	25x
Short	QFEX ASTS-USD	61.980	0.0018	get 0.0002% / 1h	37m 21s	$1.1M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Gate. 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 GatebpFee QFEXbpOrdersPrice spread, now +0.048%Rate

Funding earned: $3.88
Price spread: +0.048% → +0.005%: $4.38
Slippage, 4 orders: −$72.48
Fee Gate: 7.5 bp × 2 orders: −$15
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$89.22
Costs to cover: 0.975%
Break-even: 167.9 days

Slippage from Gate: live order book, 5 min ago; QFEX: live order book, 5 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 Gate live order book, 5 min ago	12.12 bp	55.6 bp −$56	116.8 bp −$1,168	192.8 bp −$19.3K	doesn't fit
Sell QFEX live order book, 5 min ago	2.42 bp	10.1 bp −$10	doesn't fit	doesn't fit	doesn't fit

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 ASTSUSDT	0.0000%	8h	61.937	−0.021%	$13K	$28K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	61.991	+0.066%	$8K	$249K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	62.000	+0.081%	$2.7M	$4.2M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	61.950	0.000%	$718K	$433K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	61.820	−0.210%	$748K	$759K	20x	as long as short
Gate ASTS_USDTlong	0.0000%	8h	61.950	long leg	$1.7M	$1.2M	25x
Bitget ASTSUSDT	0.0000%	8h	61.970	+0.032%	$1.2M	$429K	20x	as long as short
GRVT ASTS_USDT_Perp	0.0000%	8h	61.985	+0.056%	$1K	$187K	10x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.000	+0.081%	$1K	$814K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	61.990	+0.065%	$5K	$4K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ASTS-USDT	+0.0008%	8h	61.980	+0.048%	$44K	$8K	20x	as long as short
QFEX ASTS-USDshort	+0.0018%	1h	61.980	+0.048%	$1.1M	$2.0M	10x
Lighter RH ASTS	+0.0032%	1h	61.991	+0.066%	$9K	$29K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	61.940	−0.016%	—	—	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.950	0.000%	$279K	$37K	20x	as long as short