Funding arb · Price arb /

ASTS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%

Price spread now: KuCoin against Lighter RH−0.152%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 KuCoin

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

Funding pays, the price is against you. KuCoin is 0.152% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.152% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 7.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ASTS	62.455	0.0032	pay 0.0004% / 1h	4m 24s	$9K	$29K	10x
Short	KuCoin ASTSUSDTM	62.360	0.0100	get 0.0100% / 8h	7h 04m	$282K	$34K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.152%Rate

Funding earned: $14.28
Price spread: −0.152% → 0.000%: −$15.21
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$12.93
Costs to cover: 0.120%
Break-even: 13.3 days

Slippage unknown: Lighter RH: no order-book sample; KuCoin: live order book, 46 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 KuCoin live order book, 46 min ago	30.48 bp	86.5 bp −$87	doesn't fit	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
BloFin ASTS-USDT	−0.0015%	8h	62.460	+0.008%	$44K	$8K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	62.440	−0.024%	$13K	$28K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	62.471	+0.025%	$11K	$225K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	62.488	+0.052%	$2.7M	$4.2M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.450	−0.008%	$728K	$379K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.410	−0.072%	$756K	$761K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.360	−0.152%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.430	−0.040%	$1.2M	$376K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.440	−0.024%	$900	$772K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.470	+0.024%	$5K	$3K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ASTSlong	+0.0032%	1h	62.455	long leg	$9K	$29K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	62.410	−0.072%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0069%	1h	62.460	+0.008%	$1.1M	$2.1M	10x	as long as short
KuCoin ASTSUSDTMshort	+0.0100%	8h	62.360	−0.152%	$282K	$34K	20x
GRVT ASTS_USDT_Perp	+0.0180%	8h	62.460	+0.008%	$925	$175K	10x	as long as short