Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0163%/8h= −17.8% APRpaid last 24h −0.021%

Price spread now: Lighter RH against GRVT−0.022%7-day average — · you buy dearer than you sell

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

Long on GRVT 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 airdropGRVT: Active · Lighter RH: Points live · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Lighter RH is 0.022% cheaper against GRVT than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ASTS_USDT_Perp	62.280	0.0195	pay 0.0195% / 8h	4h 41m	$417	$167K	10x
Short	Lighter RH ASTS	62.266	0.0032	get 0.0004% / 1h	41m 37s	$9K	$30K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$34.23
Price spread: −0.022% → 0.000%: −$2.25
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$45.48
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 11 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 GRVT live order book, 11 min ago	4.01 bp	33.7 bp −$34	72.3 bp −$723	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
Aster ASTSUSDT	0.0000%	8h	62.224	−0.089%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.240	−0.064%	$706K	$375K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.210	−0.112%	$753K	$755K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.230	−0.080%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.250	−0.048%	$1.2M	$356K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.230	−0.080%	$1K	$722K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.260	−0.032%	$5K	$3K	20x	as long as short
Lighter RH ASTSshort	+0.0032%	1h	62.266	−0.022%	$9K	$30K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	62.240	−0.064%	—	—	10x	as long as short
Binance ASTSUSDT	+0.0052%	8h	62.273	−0.012%	$2.7M	$4.1M	20x	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	+0.0056%	1h	62.259	−0.034%	$13K	$231K	10x	as long as short
BloFin ASTS-USDT	+0.0064%	8h	62.270	−0.016%	$45K	$8K	20x	as long as short
QFEX ASTS-USD	+0.0080%	1h	62.240	−0.064%	$1.1M	$2.0M	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	62.230	−0.080%	$282K	$56K	20x	as long as short
GRVT ASTS_USDT_Perplong	+0.0195%	8h	62.280	long leg	$417	$167K	10x