Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0039%/8h= +4.3% APRpaid last 24h −0.004%

Price spread now: Lighter RH against BloFin−0.418%751s7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. Lighter RH is 0.418% cheaper against BloFin than usual: you would sell low and buy high (spread −0.418% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$42 on $10k: about 35 days of funding at the current rate (+$1 a day). The two prices were read 751 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	BloFin ASTS-USDT	62.230	−0.0007	get 0.0007% / 8h	6h 36m	$45K	$8K	20x
Short	Lighter RH ASTS	61.970	0.0032	get 0.0004% / 1h	36m 27s	$9K	$29K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against BloFin. 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 BloFinbpFee Lighter RHbpOrdersPrice spread, now −0.418%Rate

Funding earned: $8.27
Price spread: −0.418% → 0.000%: −$41.78
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$45.51
Costs to cover: 0.120%
Break-even: 45.5 days

Slippage unknown: BloFin: no order-book sample; 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 BloFin no order-book sample	—	—	—	—	—
Sell Lighter RH no order-book sample	—	—	—	—	—

BloFin and 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
BloFin ASTS-USDTlong	−0.0007%	8h	62.230	long leg	$45K	$8K	20x
Aster ASTSUSDT	0.0000%	8h	62.207	−0.037%	$13K	$28K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	62.024	−0.330%	$8K	$221K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	62.040	−0.305%	$2.7M	$4.1M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.000	−0.370%	$714K	$372K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.050	−0.289%	$751K	$756K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.040	−0.305%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.050	−0.289%	$1.2M	$371K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.070	−0.257%	$1K	$757K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.130	−0.161%	$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 ASTSshort	+0.0032%	1h	61.970	−0.418%	$9K	$29K	10x
QFEX ASTS-USD	+0.0034%	1h	62.030	−0.321%	$1.1M	$2.1M	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	62.000	−0.370%	—	—	10x	as long as short
GRVT ASTS_USDT_Perp	+0.0085%	8h	62.099	−0.211%	$1K	$173K	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.980	−0.402%	$281K	$37K	20x	as long as short