Funding arb · Price arb /

ASTS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0115%/8h= −12.6% APRpaid last 24h −0.010%

Price spread now: Bitget against Lighter RH+0.029%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 Bitget

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

The price spread pays, funding is against you. Bitget is 0.029% dearer against Lighter RH than usual: you sell high and buy low (spread +0.029% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ASTS	61.522	0.0032	pay 0.0004% / 1h	16m 48s	$9K	$31K	10x
Short	Bitget ASTSUSDT	61.540	−0.0083	pay 0.0083% / 8h	2h 16m	$1.2M	$357K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$24.15
Price spread: +0.029% → 0.000%: $2.93
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$33.22
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Lighter RH: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago	2.44 bp	19.8 bp −$20	58.6 bp −$586	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 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
Bitget ASTSUSDTshort	−0.0083%	8h	61.540	+0.029%	$1.2M	$357K	20x
Aster ASTSUSDT	0.0000%	8h	61.522	−0.001%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	61.490	−0.052%	$700K	$315K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	61.450	−0.117%	$744K	$686K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.540	+0.029%	$1.6M	$1.2M	25x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.530	+0.013%	$1K	$695K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	61.590	+0.111%	$5K	$3K	20x	as long as short
Lighter RH ASTSlong	+0.0032%	1h	61.522	long leg	$9K	$31K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	61.520	−0.003%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0054%	1h	61.570	+0.078%	$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
Extended ASTS-USD	+0.0072%	1h	61.554	+0.052%	$8K	$231K	10x	as long as short
Binance ASTSUSDT	+0.0072%	8h	61.570	+0.077%	$2.7M	$4.2M	20x	as long as short
BloFin ASTS-USDT	+0.0086%	8h	61.610	+0.143%	$45K	$8K	20x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.400	−0.198%	$280K	$58K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0152%	8h	61.518	−0.006%	$995	$163K	10x	as long as short