Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.001%

Price spread now: Binance against QFEX+0.101%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$950.949% of the position

Long on QFEX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.009%−$1 on $10k

Price spread, last 2 days (all we have)−0.063%−$6 · spread now +0.101%, 7d avg +0.015%

Together, before fees−0.073%−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.086% dearer against QFEX than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of +0.015%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX ASTS-USD	61.970	0.0018	pay 0.0002% / 1h	33m 17s	$1.1M	$2.1M	10x
Short	Binance ASTSUSDT	62.032	0	get 0.0000% / 8h	1h 33m	$2.7M	$4.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against QFEX. 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 QFEXbpFee BinancebpOrdersPrice spread, now +0.101%Rate

Funding earned: −$3.88
Price spread: +0.101% → +0.015%: $8.56
Slippage, 4 orders: −$74.91
Fee QFEX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$90.22
Costs to cover: 0.949%
Break-even: never at this rate

Slippage from QFEX: live order book, 4 min ago; Binance: live order book, 4 min ago.

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 QFEX live order book, 4 min ago	28.23 bp	33.4 bp −$33	41.5 bp −$415	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	1.61 bp	13.1 bp −$13	48.4 bp −$484	doesn't fit	doesn't fit

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
Aster ASTSUSDT	0.0000%	8h	61.940	−0.048%	$13K	$28K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	62.022	+0.084%	$8K	$249K	10x	as long as short
Binance ASTSUSDTshort	0.0000%	8h	62.032	+0.101%	$2.7M	$4.2M	20x
Bybit ASTSUSDT	0.0000%	8h	61.950	−0.032%	$718K	$433K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.000	+0.048%	$750K	$762K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.980	+0.016%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	61.970	0.000%	$1.2M	$429K	20x	as long as short
GRVT ASTS_USDT_Perp	0.0000%	8h	61.989	+0.031%	$1K	$187K	10x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.030	+0.097%	$1K	$814K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.030	+0.097%	$5K	$4K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ASTS-USDT	+0.0002%	8h	62.030	+0.097%	$44K	$8K	20x	as long as short
QFEX ASTS-USDlong	+0.0018%	1h	61.970	long leg	$1.1M	$2.1M	10x
Lighter RH ASTS	+0.0032%	1h	61.995	+0.040%	$9K	$29K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	61.970	0.000%	—	—	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.960	−0.016%	$279K	$37K	20x	as long as short