Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%

Price spread now: Lighter RH against KuCoin+0.042%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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

The price spread pays, funding is against you. Lighter RH is 0.042% dearer against KuCoin than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASTSUSDTM	62.100	0.0100	pay 0.0100% / 8h	17m 43s	$281K	$36K	20x
Short	Lighter RH ASTS	62.126	0.0032	get 0.0004% / 1h	17m 43s	$9K	$29K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against KuCoin. 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 KuCoinbpFee Lighter RHbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$14.28
Price spread: +0.042% → 0.000%: $4.19
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$22.09
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 43 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 KuCoin live order book, 43 min ago	25.81 bp	128.4 bp −$128	doesn't fit	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	−0.0016%	8h	62.190	+0.145%	$44K	$8K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	62.110	+0.016%	$13K	$28K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	62.142	+0.068%	$8K	$249K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	62.158	+0.094%	$2.7M	$4.2M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.130	+0.048%	$720K	$381K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.200	+0.161%	$752K	$772K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.130	+0.048%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.140	+0.064%	$1.2M	$428K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.150	+0.081%	$999	$805K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.180	+0.129%	$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
Lighter RH ASTSshort	+0.0032%	1h	62.126	+0.042%	$9K	$29K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	62.120	+0.032%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0051%	1h	62.130	+0.048%	$1.1M	$2.2M	10x	as long as short
GRVT ASTS_USDT_Perp	+0.0075%	8h	62.167	+0.108%	$880	$186K	10x	as long as short
KuCoin ASTSUSDTMlong	+0.0100%	8h	62.100	long leg	$281K	$36K	20x