Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0061%/8h= +6.6% APRpaid last 24h +0.014%

Price spread now: QFEX against Bitget0.000%56s7-day average −0.038% · 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—prices read too far apart to compare

costs, in and out, $10k−$740.741% of the position

Long on Bitget Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.026%+$3 on $10k

Price spread, last 7 days−0.056%−$6 · spread now 0.000%, 7d avg −0.038%

Together, before fees−0.030%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and QFEX is 0.038% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.038%. The two prices were read 56 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	Bitget ASTSUSDT	60.580	0	get 0.0000% / 8h	7h 27m	$1.1M	$370K	20x
Short	QFEX ASTS-USD	60.580	0.0061	get 0.0008% / 1h	27m 46s	$1.1M	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Bitget. 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 BitgetbpFee QFEXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $12.73
Price spread: 0.000% → −0.038%: $3.82
Slippage, 4 orders: −$52.1
Fee Bitget: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$57.55
Costs to cover: 0.741%
Break-even: 38.6 days

Slippage from Bitget: live order book, 3 min ago; QFEX: live order book, 4 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 Bitget live order book, 3 min ago	8.24 bp	33.5 bp −$34	93.6 bp −$936	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	1.65 bp	8.0 bp −$8	doesn't fit	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
BloFin ASTS-USDT	−0.0006%	8h	60.670	+0.149%	$45K	$9K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	60.673	+0.153%	$13K	$20K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	60.572	−0.014%	$8K	$281K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	60.611	+0.051%	$2.7M	$4.3M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	60.600	+0.033%	$705K	$321K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	60.540	−0.066%	$736K	$679K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	60.570	−0.017%	$1.6M	$1.2M	25x	as long as short
Bitget ASTSUSDTlong	0.0000%	8h	60.580	long leg	$1.1M	$370K	20x
GRVT ASTS_USDT_Perp	0.0000%	8h	60.720	+0.231%	$562	$156K	10x	as long as short
SunX ASTS-USDT	0.0000%	8h	60.710	+0.215%	$765	$617K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ASTS-USDT	0.0000%	8h	60.630	+0.083%	$5K	$3K	20x	as long as short
Lighter RH ASTS	+0.0032%	1h	60.618	+0.063%	$9K	$31K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	60.590	+0.017%	—	—	10x	as long as short
QFEX ASTS-USDshort	+0.0061%	1h	60.580	0.000%	$1.1M	$1.8M	10x
KuCoin ASTSUSDTM	+0.0100%	8h	60.590	+0.017%	$272K	$116K	20x	as long as short