Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: HTX against Lighter RH−0.201%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 HTX

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.201% cheaper against Lighter RH than usual: you would sell low and buy high (−$20 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	62.265	0.0032	pay 0.0004% / 1h	11m 39s	$9K	$30K	10x
Short	HTX ASTS-USDT	62.140	0	get 0.0000% / 8h	4h 11m	$5K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.201%Rate

Funding earned: −$6.72
Price spread: −0.201% → 0.000%: −$20.08
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$38.8
Costs to cover: 0.120%
Break-even: never at this rate

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

Lighter RH and HTX: 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	62.174	−0.146%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.210	−0.088%	$706K	$376K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.300	+0.056%	$754K	$748K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.220	−0.072%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.250	−0.024%	$1.2M	$355K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.260	−0.008%	$891	$720K	10x	as long as short
HTX ASTS-USDTshort	0.0000%	8h	62.140	−0.201%	$5K	$3K	20x
Lighter RH ASTSlong	+0.0032%	1h	62.265	long leg	$9K	$30K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	62.160	−0.169%	—	—	10x	as long as short
BloFin ASTS-USDT	+0.0059%	8h	62.310	+0.072%	$45K	$8K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTSUSDT	+0.0069%	8h	62.260	−0.008%	$2.7M	$4.1M	20x	as long as short
Extended ASTS-USD	+0.0072%	1h	62.243	−0.036%	$9K	$227K	10x	as long as short
QFEX ASTS-USD	+0.0080%	1h	62.260	−0.008%	$1.1M	$2.0M	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	62.210	−0.088%	$282K	$55K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0176%	8h	62.277	+0.019%	$955	$166K	10x	as long as short