Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: Bybit against Binance−0.106%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs−$140as in the Price arb table

costs, in and out, $10k−$1341.337% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 2 days (all we have)+0.085%+$8 · spread now −0.106%, 7d avg −0.040%

Together, before fees+0.027%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.066% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ASTSUSDT	62.496	0	get 0.0000% / 8h	7h 29m	$2.7M	$4.2M	20x
Short	Bybit ASTSUSDT	62.430	0	get 0.0000% / 8h	7h 29m	$728K	$379K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.106%Rate

Funding earned: $0
Price spread: −0.106% → −0.040%: −$6.6
Slippage, 4 orders: −$112.72
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$140.32
Costs to cover: 1.337%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 41 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 Binance live order book, 8 min ago	3.20 bp	15.3 bp −$15	61.6 bp −$616	doesn't fit	doesn't fit
Sell Bybit live order book, 41 min ago	7.24 bp	33.3 bp −$33	182.7 bp −$1,827	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	62.440	−0.090%	$13K	$28K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	62.447	−0.079%	$8K	$226K	10x	as long as short
Binance ASTSUSDTlong	0.0000%	8h	62.496	long leg	$2.7M	$4.2M	20x
Bybit ASTSUSDTshort	0.0000%	8h	62.430	−0.106%	$728K	$379K	25x
OKX ASTS-USDT-SWAP	0.0000%	8h	62.500	+0.006%	$756K	$767K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.390	−0.170%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.420	−0.122%	$1.2M	$384K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.440	−0.090%	$1K	$790K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.410	−0.138%	$5K	$3K	20x	as long as short
BloFin ASTS-USDT	+0.0009%	8h	62.420	−0.122%	$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	62.458	−0.061%	$9K	$29K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	62.390	−0.170%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0069%	1h	62.450	−0.074%	$1.1M	$2.2M	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	62.350	−0.234%	$282K	$34K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0339%	8h	62.420	−0.122%	$295	$180K	10x	as long as short