Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: Gate against Lighter RH−0.047%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 Gate

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.047% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 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	62.209	0.0032	pay 0.0004% / 1h	22m 51s	$9K	$29K	10x
Short	Gate ASTS_USDT	62.180	0	get 0.0000% / 8h	6h 22m	$1.7M	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.047%Rate

Funding earned: −$6.72
Price spread: −0.047% → 0.000%: −$4.66
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$26.38
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Lighter RH: no order-book sample; Gate: live order book, 5 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 Gate live order book, 5 min ago	8.05 bp	18.4 bp −$18	53.2 bp −$532	80.2 bp −$8,021	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 14 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 ASTSUSDT	0.0000%	8h	62.226	+0.028%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.120	−0.143%	$715K	$369K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.200	−0.014%	$753K	$757K	20x	as long as short
Gate ASTS_USDTshort	0.0000%	8h	62.180	−0.047%	$1.7M	$1.2M	25x
Bitget ASTSUSDT	0.0000%	8h	62.190	−0.031%	$1.2M	$371K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.210	+0.002%	$1K	$757K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.210	+0.002%	$5K	$3K	20x	as long as short
Extended ASTS-USD	+0.0024%	1h	62.224	+0.023%	$8K	$221K	10x	as long as short
Binance ASTSUSDT	+0.0027%	8h	62.236	+0.044%	$2.7M	$4.1M	20x	as long as short
Lighter RH ASTSlong	+0.0032%	1h	62.209	long leg	$9K	$29K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX ASTS-USD	+0.0034%	1h	62.190	−0.031%	$1.1M	$2.1M	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	62.160	−0.079%	—	—	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	62.150	−0.095%	$282K	$40K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0239%	8h	62.192	−0.028%	$462	$172K	10x	as long as short