Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h −0.010%

Price spread now: Bybit against Lighter RH−0.013%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 Bybit

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ASTS	61.078	0.0032	pay 0.0004% / 1h	49m 53s	$9K	$31K	10x
Short	Bybit ASTSUSDT	61.070	−0.0044	pay 0.0044% / 8h	7h 49m	$705K	$322K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$15.88
Price spread: −0.013% → 0.000%: −$1.31
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$28.19
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Lighter RH: no order-book sample; Bybit: live order book, 45 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 Bybit live order book, 45 min ago	5.68 bp	32.1 bp −$32	176.3 bp −$1,763	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
GRVT ASTS_USDT_Perp	−0.0306%	8h	61.122	+0.073%	$500	$159K	10x	as long as short
Bybit ASTSUSDTshort	−0.0044%	8h	61.070	−0.013%	$705K	$322K	25x
BloFin ASTS-USDT	−0.0004%	8h	61.230	+0.249%	$45K	$9K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	61.100	+0.036%	$13K	$20K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	61.123	+0.073%	$11K	$280K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	61.180	+0.167%	$2.7M	$4.3M	20x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	61.230	+0.249%	$746K	$671K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.120	+0.069%	$1.6M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	61.150	+0.118%	$1.1M	$350K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.140	+0.102%	$1K	$629K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ASTS-USDT	0.0000%	8h	61.190	+0.183%	$5K	$3K	20x	as long as short
Lighter RH ASTSlong	+0.0032%	1h	61.078	long leg	$9K	$31K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	61.090	+0.020%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0061%	1h	61.090	+0.020%	$1.1M	$1.8M	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.170	+0.151%	$275K	$89K	20x	as long as short