Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0401%/8h= +43.9% APRpaid last 24h −0.006%

Price spread now: Binance against Lighter RH+0.177%7-day average — · you sell dearer than you buy

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

Long on Lighter RH Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 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

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.177% dearer against Lighter RH than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ASTS	62.000	0.0032	pay 0.0004% / 1h	50m 37s	$9K	$13K	10x
Short	Binance ASTSUSDT	62.110	0.0433	get 0.0433% / 8h	4h 50m	$2.7M	$4.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.177%Rate

Funding earned: $84.17
Price spread: +0.177% → 0.000%: $17.74
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $91.91
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter RH: no order-book sample; Binance: live order book, 9 min ago. 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 Binance live order book, 9 min ago	1.61 bp	13.2 bp −$13	37.1 bp −$371	doesn't fit	doesn't fit

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 exchanges

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	62.162	+0.260%	$13K	$20K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.100	+0.161%	$718K	$276K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.070	+0.113%	$747K	$629K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.120	+0.194%	$1.6M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.090	+0.145%	$1.2M	$355K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.140	+0.226%	$1K	$505K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.130	+0.210%	$5K	$3K	20x	as long as short
QFEX ASTS-USD	+0.0016%	1h	62.040	+0.065%	$1.1M	$1.9M	10x	as long as short
Lighter RH ASTSlong	+0.0032%	1h	62.000	long leg	$9K	$13K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	62.110	+0.177%	—	—	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ASTSUSDTM	+0.0100%	8h	62.090	+0.145%	$279K	$289K	20x	as long as short
BloFin ASTS-USDT	+0.0428%	8h	62.110	+0.177%	$360	$11K	20x	as long as short
Extended ASTS-USD	+0.0432%	1h	62.089	+0.143%	$8K	$274K	10x	as long as short
Binance ASTSUSDTshort	+0.0433%	8h	62.110	+0.177%	$2.7M	$4.2M	20x
GRVT ASTS_USDT_Perp	+0.0843%	8h	62.151	+0.243%	$986	$152K	10x	as long as short