Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRpaid last 24h −0.011%

Price spread now: GRVT against QFEX−0.049%57s7-day average +0.029% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$600.596% of the position

Long on QFEX Short on GRVT

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 3 days (all we have)+0.205%+$20 · spread now −0.049%, 7d avg +0.029%

Together, before fees+0.185%+ Points / potential airdropGRVT: Active · farm board+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.078% cheaper against QFEX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.029%). If the spread goes back, that is −$8 on $10k: about 9.0 days of funding at the current rate (+$1 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX ASTS-USD	62.220	0.0051	pay 0.0006% / 1h	59m 37s	$1.1M	$2.2M	10x
Short	GRVT ASTS_USDT_Perp	62.189	0.0080	get 0.0080% / 8h	7h 59m	$517	$187K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.049%Rate

Funding earned: $6.08
Price spread: −0.049% → +0.029%: −$7.81
Slippage, 4 orders: −$40.56
Fee QFEX: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$61.29
Costs to cover: 0.596%
Break-even: 77.5 days

Slippage from QFEX: live order book, 2 min ago; GRVT: live order book, 8 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, 2 min ago	2.41 bp	10.6 bp −$11	19.4 bp −$194	doesn't fit	doesn't fit
Sell GRVT live order book, 8 min ago	3.21 bp	22.1 bp −$22	60.9 bp −$609	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	62.212	−0.012%	$13K	$28K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	62.268	+0.077%	$8K	$249K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	62.258	+0.060%	$2.7M	$4.2M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.240	+0.032%	$721K	$379K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.180	−0.064%	$753K	$766K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.190	−0.048%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.190	−0.048%	$1.2M	$402K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.270	+0.080%	$828	$802K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.260	+0.064%	$5K	$4K	20x	as long as short
BloFin ASTS-USDT	+0.0011%	8h	62.240	+0.032%	$44K	$8K	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	62.107	−0.182%	$9K	$29K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	62.180	−0.064%	—	—	10x	as long as short
QFEX ASTS-USDlong	+0.0051%	1h	62.220	long leg	$1.1M	$2.2M	10x
GRVT ASTS_USDT_Perpshort	+0.0080%	8h	62.189	−0.049%	$517	$187K	10x
KuCoin ASTSUSDTM	+0.0100%	8h	62.160	−0.096%	$281K	$36K	20x	as long as short