Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0025%/8h= +2.8% APRpaid last 24h +0.011%

Price spread now: QFEX against SunX+0.081%7-day average −0.027% · 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−$189as in the Price arb table

costs, in and out, $10k−$2002.001% of the position

Long on SunX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.019%+$2 on $10k

Price spread, last 3 days (all we have)−0.217%−$22 · spread now +0.081%, 7d avg −0.027%

Together, before fees−0.198%−$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.107% dearer against SunX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ASTS-USDT	61.870	0	get 0.0000% / 8h	2h 26m	$972	$816K	10x
Short	QFEX ASTS-USD	61.920	0.0025	get 0.0003% / 1h	26m 38s	$1.1M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against SunX. 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 SunXbpFee QFEXbpOrdersPrice spread, now +0.081%Rate

Funding earned: $5.34
Price spread: +0.081% → −0.027%: $10.75
Slippage, 4 orders: −$182.08
Fee SunX: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$183.99
Costs to cover: 2.001%
Break-even: 248.1 days

Slippage from SunX: live order book, 55 min ago; QFEX: live order book, 5 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 SunX live order book, 55 min ago	48.47 bp	66.7 bp −$67	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	27.48 bp	33.1 bp −$33	43.6 bp −$436	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	61.905	+0.056%	$13K	$28K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	61.883	+0.021%	$8K	$249K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	61.890	+0.032%	$2.7M	$4.2M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	61.900	+0.048%	$718K	$433K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	61.940	+0.113%	$749K	$761K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.870	0.000%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	61.860	−0.016%	$1.2M	$438K	20x	as long as short
GRVT ASTS_USDT_Perp	0.0000%	8h	61.860	−0.016%	$687	$192K	10x	as long as short
SunX ASTS-USDTlong	0.0000%	8h	61.870	long leg	$972	$816K	10x
HTX ASTS-USDT	0.0000%	8h	61.940	+0.113%	$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	+0.0011%	8h	61.930	+0.097%	$44K	$8K	20x	as long as short
QFEX ASTS-USDshort	+0.0025%	1h	61.920	+0.081%	$1.1M	$2.0M	10x
Lighter RH ASTS	+0.0032%	1h	61.894	+0.039%	$9K	$29K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	61.940	+0.113%	—	—	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.830	−0.065%	$280K	$37K	20x	as long as short