Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0343%/8h= −37.6% APRpaid last 24h +0.011%

Price spread now: GRVT against Lighter RH+0.072%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 GRVT

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 · GRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT is 0.072% dearer against Lighter RH than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ASTS	61.137	0.0032	pay 0.0004% / 1h	45m 15s	$9K	$31K	10x
Short	GRVT ASTS_USDT_Perp	61.181	−0.0311	pay 0.0311% / 8h	7h 45m	$500	$159K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.072%Rate

Funding earned: −$72.03
Price spread: +0.072% → 0.000%: $7.24
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$73.79
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Lighter RH: no order-book sample; GRVT: live order book, 47 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 GRVT live order book, 47 min ago	9.73 bp	53.8 bp −$54	97.3 bp −$973	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_Perpshort	−0.0311%	8h	61.181	+0.072%	$500	$159K	10x
BloFin ASTS-USDT	−0.0011%	8h	61.190	+0.087%	$45K	$9K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	61.185	+0.078%	$13K	$20K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	61.169	+0.053%	$11K	$277K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	61.217	+0.131%	$2.7M	$4.3M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	61.120	−0.028%	$706K	$319K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	61.200	+0.103%	$746K	$663K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.160	+0.038%	$1.6M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	61.150	+0.021%	$1.1M	$353K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.190	+0.087%	$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	61.160	+0.038%	$5K	$3K	20x	as long as short
Lighter RH ASTSlong	+0.0032%	1h	61.137	long leg	$9K	$31K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	61.170	+0.054%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0061%	1h	61.180	+0.070%	$1.1M	$1.8M	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.080	−0.093%	$275K	$95K	20x	as long as short