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: QFEX against Aster+0.144%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and QFEX is 0.144% dearer against Aster than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ASTSUSDT	62.470	0	get 0.0000% / 8h	7h 25m	$13K	$28K	20x
Short	QFEX ASTS-USD	62.560	0.0069	get 0.0009% / 1h	25m 49s	$1.1M	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Aster. 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 AsterbpFee QFEXbpOrdersPrice spread, now +0.144%Rate

Funding earned: $14.45
Price spread: +0.144% → 0.000%: $14.45
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: $10.9
Costs to cover: 0.180%
Break-even: 1.7 days

Slippage unknown: Aster: no order-book sample; QFEX: live order book, 6 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 Aster no order-book sample	—	—	—	—	—
Sell QFEX live order book, 6 min ago	28.03 bp	34.0 bp −$34	43.8 bp −$438	doesn't fit	doesn't fit

Aster: 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	−0.0002%	8h	62.500	+0.048%	$44K	$8K	20x	as long as short
Aster ASTSUSDTlong	0.0000%	8h	62.470	long leg	$13K	$28K	20x
Extended ASTS-USD	0.0000%	1h	62.566	+0.154%	$8K	$226K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	62.580	+0.177%	$2.7M	$4.2M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.540	+0.112%	$730K	$379K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.510	+0.064%	$757K	$767K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.510	+0.064%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.460	−0.016%	$1.2M	$384K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.580	+0.177%	$1K	$788K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.560	+0.144%	$5K	$3K	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	62.583	+0.181%	$9K	$29K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	62.530	+0.096%	—	—	10x	as long as short
QFEX ASTS-USDshort	+0.0069%	1h	62.560	+0.144%	$1.1M	$2.2M	10x
KuCoin ASTSUSDTM	+0.0100%	8h	62.450	−0.032%	$283K	$34K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0339%	8h	62.420	−0.080%	$295	$180K	10x	as long as short