Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0118%/8h= −12.9% APRpaid last 24h −0.009%

Price spread now: Extended against GRVT−0.146%52s7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$143as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1411.407% of the position

Long on GRVT Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 4 days (all we have)−0.117%−$12 · spread now −0.146%, 7d avg −0.040%

Together, before fees−0.141%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.106% cheaper against GRVT than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.040%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ASTS_USDT_Perp	62.240	0.0206	pay 0.0206% / 8h	3h 58m	$949	$166K	10x
Short	Extended ASTS-USD	62.149	0.0088	get 0.0011% / 1h	58m 22s	$8K	$233K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against GRVT. 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 GRVTbpFee ExtendedbpOrdersPrice spread, now −0.146%Rate

Funding earned: −$24.78
Price spread: −0.146% → −0.040%: −$10.55
Slippage, 4 orders: −$126.75
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$176.08
Costs to cover: 1.407%
Break-even: never at this rate

Slippage from GRVT: live order book, 54 min ago; Extended: live order book, 58 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 GRVT live order book, 54 min ago	4.01 bp	33.7 bp −$34	72.3 bp −$723	doesn't fit	doesn't fit
Sell Extended live order book, 58 min ago	3.78 bp	28.3 bp −$28	222.6 bp −$2,226	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	62.124	−0.186%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.150	−0.145%	$705K	$377K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.200	−0.064%	$753K	$737K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.150	−0.145%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.200	−0.064%	$1.2M	$355K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.190	−0.080%	$956	$715K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.190	−0.080%	$5K	$3K	20x	as long as short
Lighter RH ASTS	+0.0032%	1h	62.156	−0.135%	$9K	$30K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	62.150	−0.145%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0065%	1h	62.150	−0.145%	$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
Binance ASTSUSDT	+0.0085%	8h	62.173	−0.108%	$2.7M	$4.1M	20x	as long as short
BloFin ASTS-USDT	+0.0087%	8h	62.240	0.000%	$45K	$8K	20x	as long as short
Extended ASTS-USDshort	+0.0088%	1h	62.149	−0.146%	$8K	$233K	10x
KuCoin ASTSUSDTM	+0.0100%	8h	62.100	−0.225%	$281K	$55K	20x	as long as short
GRVT ASTS_USDT_Perplong	+0.0206%	8h	62.240	long leg	$949	$166K	10x