Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Aster against Lighter RH−0.076%7-day average — · you buy dearer than you sell

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

Long on Lighter RH Short on Aster

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 · Aster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.076% cheaper against Lighter RH than usual: you would sell low and buy high (−$8 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	Lighter RH ASTS	62.226	0.0032	pay 0.0004% / 1h	1m 45s	$9K	$29K	10x
Short	Aster ASTSUSDT	62.178	0	get 0.0000% / 8h	1m 45s	$13K	$28K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Lighter RH. 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 Lighter RHbpFee AsterbpOrdersPrice spread, now −0.076%Rate

Funding earned: −$6.72
Price spread: −0.076% → 0.000%: −$7.65
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$22.37
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Lighter RH: no order-book sample; Aster: 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 Lighter RH no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Lighter RH and Aster: 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 ASTSUSDTshort	0.0000%	8h	62.178	−0.076%	$13K	$28K	20x
Extended ASTS-USD	0.0000%	1h	62.248	+0.035%	$8K	$249K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	62.260	+0.055%	$2.7M	$4.2M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.220	−0.010%	$721K	$381K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.280	+0.087%	$753K	$772K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.180	−0.074%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.220	−0.010%	$1.2M	$415K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.240	+0.022%	$827	$802K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.230	+0.006%	$5K	$4K	20x	as long as short
BloFin ASTS-USDT	+0.0002%	8h	62.270	+0.071%	$44K	$8K	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 ASTSlong	+0.0032%	1h	62.226	long leg	$9K	$29K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	62.210	−0.026%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0051%	1h	62.260	+0.055%	$1.1M	$2.2M	10x	as long as short
GRVT ASTS_USDT_Perp	+0.0080%	8h	62.189	−0.059%	$517	$187K	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	62.160	−0.106%	$281K	$36K	20x	as long as short