Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: Bybit against Lighter RH−0.005%7-day average — · you buy dearer than you sell

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

Long on Lighter RH Short on Bybit

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ASTS	61.643	0.0032	pay 0.0004% / 1h	3m 50s	$9K	$31K	10x
Short	Bybit ASTSUSDT	61.640	0	get 0.0000% / 8h	2h 03m	$701K	$315K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Lighter RH. 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 Lighter RHbpFee BybitbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$6.72
Price spread: −0.005% → 0.000%: −$0.49
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$18.21
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Lighter RH: no order-book sample; Bybit: live order book, 41 min ago. 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 Lighter RH no order-book sample	—	—	—	—	—
Sell Bybit live order book, 41 min ago	4.86 bp	72.6 bp −$73	177.4 bp −$1,774	doesn't fit	doesn't fit

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	−0.0065%	8h	61.640	−0.005%	$1.2M	$357K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	61.570	−0.118%	$13K	$28K	20x	as long as short
Bybit ASTSUSDTshort	0.0000%	8h	61.640	−0.005%	$701K	$315K	25x
OKX ASTS-USDT-SWAP	0.0000%	8h	61.710	+0.109%	$747K	$680K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.690	+0.076%	$1.6M	$1.2M	25x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.710	+0.109%	$914	$687K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	61.710	+0.109%	$5K	$3K	20x	as long as short
Lighter RH ASTSlong	+0.0032%	1h	61.643	long leg	$9K	$31K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	61.630	−0.021%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0054%	1h	61.710	+0.109%	$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	+0.0058%	8h	61.730	+0.141%	$44K	$9K	20x	as long as short
Extended ASTS-USD	+0.0080%	1h	61.652	+0.015%	$9K	$227K	10x	as long as short
Binance ASTSUSDT	+0.0083%	8h	61.670	+0.044%	$2.7M	$4.2M	20x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.580	−0.102%	$281K	$59K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0152%	8h	61.710	+0.109%	$242	$164K	10x	as long as short