Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against Bybit−0.023%7-day average — · you buy dearer than you sell

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

Long on Bybit 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

Funding pays, the price is against you. Lighter RH is 0.023% cheaper against Bybit than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 2.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASTSUSDT	62.020	0	get 0.0000% / 8h	3h 44m	$704K	$377K	25x
Short	Lighter RH ASTS	62.006	0.0032	get 0.0004% / 1h	44m 11s	$9K	$30K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bybit. 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 BybitbpFee Lighter RHbpOrdersPrice spread, now −0.023%Rate

Funding earned: $6.72
Price spread: −0.023% → 0.000%: −$2.26
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$6.54
Costs to cover: 0.110%
Break-even: 13.8 days

Slippage unknown: Bybit: live order book, 6 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 Bybit live order book, 6 min ago	8.07 bp	64.5 bp −$64	209.8 bp −$2,098	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
Aster ASTSUSDT	0.0000%	8h	62.119	+0.160%	$13K	$28K	20x	as long as short
Bybit ASTSUSDTlong	0.0000%	8h	62.020	long leg	$704K	$377K	25x
OKX ASTS-USDT-SWAP	0.0000%	8h	62.050	+0.048%	$751K	$710K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.990	−0.048%	$1.6M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.030	+0.016%	$1.2M	$354K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.970	−0.081%	$1K	$714K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.050	+0.048%	$5K	$3K	20x	as long as short
Lighter RH ASTSshort	+0.0032%	1h	62.006	−0.023%	$9K	$30K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	62.000	−0.032%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0065%	1h	62.030	+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
BloFin ASTS-USDT	+0.0067%	8h	62.020	0.000%	$45K	$8K	20x	as long as short
Binance ASTSUSDT	+0.0094%	8h	62.057	+0.060%	$2.7M	$4.1M	20x	as long as short
Extended ASTS-USD	+0.0096%	1h	62.043	+0.036%	$8K	$230K	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.970	−0.081%	$280K	$55K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0194%	8h	61.995	−0.040%	$498	$167K	10x	as long as short