Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.023%

Price spread now: OKX against Lighter RH−0.084%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 OKX

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 OKX is 0.084% cheaper against Lighter RH than usual: you would sell low and buy high (−$8 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	61.872	0.0032	pay 0.0004% / 1h	0m 50s	$9K	$29K	10x
Short	OKX ASTS-USDT-SWAP	61.820	0	get 0.0000% / 8h	2h 00m	$748K	$760K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.084%Rate

Funding earned: −$6.72
Price spread: −0.084% → 0.000%: −$8.4
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$25.12
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Lighter RH: no order-book sample; OKX: live order book, 20 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 OKX live order book, 20 min ago	14.54 bp	50.4 bp −$50	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	−0.0009%	8h	61.910	+0.061%	$44K	$8K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	61.869	−0.005%	$13K	$28K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	61.903	+0.050%	$8K	$249K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	61.910	+0.061%	$2.7M	$4.2M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	61.880	+0.013%	$718K	$433K	25x	as long as short
OKX ASTS-USDT-SWAPshort	0.0000%	8h	61.820	−0.084%	$748K	$760K	20x
Gate ASTS_USDT	0.0000%	8h	61.860	−0.019%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	61.870	−0.003%	$1.2M	$434K	20x	as long as short
GRVT ASTS_USDT_Perp	0.0000%	8h	61.947	+0.121%	$660	$191K	10x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.930	+0.094%	$928	$815K	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	61.940	+0.110%	$5K	$4K	20x	as long as short
QFEX ASTS-USD	+0.0025%	1h	61.910	+0.061%	$1.1M	$2.0M	10x	as long as short
Lighter RH ASTSlong	+0.0032%	1h	61.872	long leg	$9K	$29K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	61.860	−0.019%	—	—	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.880	+0.013%	$280K	$37K	20x	as long as short