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: Gate against Lighter RH−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 Lighter RH Short on Gate

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.023% cheaper against Lighter RH than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ASTS	61.814	0.0032	pay 0.0004% / 1h	18m 25s	$9K	$30K	10x
Short	Gate ASTS_USDT	61.800	0	get 0.0000% / 8h	3h 18m	$1.6M	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice 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 Lighter RH: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$23.98
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Lighter RH: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago	14.53 bp	31.8 bp −$32	52.1 bp −$521	76.0 bp −$7,602	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
Aster ASTSUSDT	0.0000%	8h	61.870	+0.090%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	61.820	+0.010%	$701K	$378K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	61.850	+0.058%	$749K	$701K	20x	as long as short
Gate ASTS_USDTshort	0.0000%	8h	61.800	−0.023%	$1.6M	$1.2M	25x
Bitget ASTSUSDT	0.0000%	8h	61.840	+0.042%	$1.2M	$354K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.830	+0.026%	$1K	$708K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	61.920	+0.171%	$5K	$3K	20x	as long as short
Lighter RH ASTSlong	+0.0032%	1h	61.814	long leg	$9K	$30K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	61.760	−0.087%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0065%	1h	61.740	−0.120%	$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	+0.0084%	8h	61.850	+0.058%	$45K	$8K	20x	as long as short
Extended ASTS-USD	+0.0088%	1h	61.803	−0.018%	$8K	$230K	10x	as long as short
Binance ASTSUSDT	+0.0088%	8h	61.820	+0.010%	$2.7M	$4.2M	20x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.790	−0.039%	$280K	$55K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0163%	8h	61.953	+0.225%	$796	$166K	10x	as long as short