Settings8H · net · $10k
Funding arb · Price arb /

ASTS

RWAall ASTS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin0.000%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$395as in the Funding arb table
Net, price: spread back to 7d avg − costs−$381as in the Price arb table
costs, in and out, $10k−$3753.746% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.202%−$20 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now 0.000%, 7d avg +0.068%
Together, before fees−0.252%−$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.068% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.068%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ASTSUSDTM62.2100.0100pay 0.0100% / 8h5h 02m$282K$56K20x
ShortBybit ASTSUSDT62.2100get 0.0000% / 8h5h 02m$706K$375K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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

Funding earned
−$21
Price spread: 0.000% → +0.068%
−$6.78
Slippage, 4 orders
−$351.59
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$402.37
Costs to cover
3.746%
Break-even
never at this rate
Slippage from KuCoin: live order book, 19 min ago; Bybit: live order book, 57 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 19 min ago21.72 bp139.5 bp −$140doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 57 min ago4.03 bp72.1 bp −$72195.9 bp −$1,959doesn't fitdoesn't fit

ASTS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ASTSUSDT0.0000%8h62.249+0.062%$13K$28K20xas long as short
Bybit ASTSUSDTshort0.0000%8h62.2100.000%$706K$375K25x
OKX ASTS-USDT-SWAP0.0000%8h62.270+0.096%$754K$757K20xas long as short
Gate ASTS_USDT0.0000%8h62.250+0.064%$1.7M$1.2M25xas long as short
Bitget ASTSUSDT0.0000%8h62.270+0.096%$1.2M$356K20xas long as short
SunX ASTS-USDT0.0000%8h62.330+0.193%$1K$724K10xas long as short
HTX ASTS-USDT0.0000%8h62.340+0.209%$5K$3K20xas long as short
Lighter RH ASTS+0.0032%1h62.263+0.085%$9K$30K10xas long as short
Vest ASTS-USD-PERP+0.0046%1h62.250+0.064%10xas long as short
QFEX ASTS-USD+0.0050%1h62.220+0.016%$1.1M$2.0M10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ASTSUSDT+0.0077%8h62.268+0.094%$2.7M$4.1M20xas long as short
Extended ASTS-USD+0.0080%1h62.261+0.081%$13K$231K10xas long as short
BloFin ASTS-USDT+0.0093%8h62.330+0.193%$45K$8K20xas long as short
KuCoin ASTSUSDTMlong+0.0100%8h62.210long leg$282K$56K20x
GRVT ASTS_USDT_Perp+0.0276%8h62.339+0.208%$608$167K10xas long as short