Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h 0.000%

Price spread now: Lighter RH against Binance−0.035%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.035% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ASTSUSDT	61.360	0.0084	pay 0.0084% / 8h	2h 25m	$2.7M	$4.2M	20x
Short	Lighter RH ASTS	61.339	0.0032	get 0.0004% / 1h	25m 36s	$9K	$31K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now −0.035%Rate

Funding earned: −$10.96
Price spread: −0.035% → 0.000%: −$3.5
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$24.45
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 11 min ago; Lighter RH: no order-book sample. 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 Binance live order book, 11 min ago	2.43 bp	14.9 bp −$15	48.6 bp −$486	doesn't fit	doesn't fit
Sell Lighter RH no order-book sample	—	—	—	—	—

Lighter RH: 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
Bitget ASTSUSDT	−0.0032%	8h	61.340	−0.033%	$1.2M	$355K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	61.487	+0.207%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	61.330	−0.050%	$698K	$315K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	61.320	−0.066%	$741K	$682K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.330	−0.050%	$1.6M	$1.2M	25x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.420	+0.097%	$1K	$694K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	61.330	−0.050%	$5K	$3K	20x	as long as short
Lighter RH ASTSshort	+0.0032%	1h	61.339	−0.035%	$9K	$31K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	61.330	−0.050%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0054%	1h	61.370	+0.016%	$1.1M	$1.9M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTSUSDTlong	+0.0084%	8h	61.360	long leg	$2.7M	$4.2M	20x
BloFin ASTS-USDT	+0.0088%	8h	61.310	−0.082%	$45K	$8K	20x	as long as short
Extended ASTS-USD	+0.0088%	1h	61.336	−0.039%	$8K	$231K	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.320	−0.066%	$278K	$56K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0181%	8h	61.510	+0.244%	$1K	$163K	10x	as long as short