Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0069%/8h= −7.5% APRpaid last 24h −0.012%

Price spread now: Gate against QFEX+0.016%7-day average −0.005% · 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−$74as in the Price arb table

costs, in and out, $10k−$760.759% of the position

Long on QFEX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.020%−$2 on $10k

Price spread, last 7 days−0.052%−$5 · spread now +0.016%, 7d avg −0.005%

Together, before fees−0.072%−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.021% dearer against QFEX than usual: you sell high and buy low (spread +0.016% now, against its 7-day average of −0.005%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 3 days (−0.020% in total) that is about 3.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX ASTS-USD	62.380	0.0069	pay 0.0009% / 1h	39m 27s	$1.1M	$2.2M	10x
Short	Gate ASTS_USDT	62.390	0	get 0.0000% / 8h	7h 39m	$1.7M	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.016%Rate

Funding earned: −$14.45
Price spread: +0.016% → −0.005%: $2.06
Slippage, 4 orders: −$50.87
Fee QFEX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$88.26
Costs to cover: 0.759%
Break-even: never at this rate

Slippage from QFEX: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago	2.40 bp	10.3 bp −$10	21.6 bp −$216	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	16.83 bp	25.8 bp −$26	59.6 bp −$596	85.5 bp −$8,552	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
BloFin ASTS-USDT	−0.0008%	8h	62.480	+0.160%	$44K	$8K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	62.440	+0.096%	$13K	$28K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	62.387	+0.012%	$8K	$289K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	62.400	+0.032%	$2.7M	$4.2M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.400	+0.032%	$728K	$379K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.540	+0.256%	$758K	$768K	20x	as long as short
Gate ASTS_USDTshort	0.0000%	8h	62.390	+0.016%	$1.7M	$1.2M	25x
Bitget ASTSUSDT	0.0000%	8h	62.380	0.000%	$1.2M	$392K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.400	+0.032%	$895	$791K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.400	+0.032%	$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
Lighter RH ASTS	+0.0032%	1h	62.417	+0.059%	$9K	$29K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	62.400	+0.032%	—	—	10x	as long as short
QFEX ASTS-USDlong	+0.0069%	1h	62.380	long leg	$1.1M	$2.2M	10x
KuCoin ASTSUSDTM	+0.0100%	8h	62.330	−0.080%	$282K	$35K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0555%	8h	62.494	+0.182%	$831	$181K	10x	as long as short