Funding arb · Price arb /

ASTS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%

Price spread now: KuCoin against Lighter RH−0.099%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 KuCoin

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. KuCoin is 0.099% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.099% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 4.8 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ASTS	61.681	0.0032	pay 0.0004% / 1h	32m 49s	$9K	$31K	10x
Short	KuCoin ASTSUSDTM	61.620	0.0100	get 0.0100% / 8h	32m 49s	$278K	$63K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.099%Rate

Funding earned: $14.28
Price spread: −0.099% → 0.000%: −$9.89
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$7.61
Costs to cover: 0.120%
Break-even: 10.7 days

Slippage unknown: Lighter RH: no order-book sample; KuCoin: live order book, 69 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 KuCoin live order book, 69 min ago	13.84 bp	183.4 bp −$183	doesn't fit	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	−0.0007%	8h	61.640	−0.066%	$1.1M	$343K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	61.760	+0.128%	$13K	$28K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	61.664	−0.028%	$9K	$272K	10x	as long as short
Bybit ASTSUSDT	0.0000%	8h	61.650	−0.050%	$712K	$321K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	61.720	+0.063%	$747K	$675K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.670	−0.018%	$1.6M	$1.2M	25x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.680	−0.002%	$1K	$632K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	61.700	+0.031%	$5K	$3K	20x	as long as short
Binance ASTSUSDT	+0.0001%	8h	61.680	−0.002%	$2.7M	$4.2M	20x	as long as short
BloFin ASTS-USDT	+0.0014%	8h	61.690	+0.015%	$45K	$9K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ASTSlong	+0.0032%	1h	61.681	long leg	$9K	$31K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	61.620	−0.099%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0048%	1h	61.700	+0.031%	$1.1M	$1.8M	10x	as long as short
GRVT ASTS_USDT_Perp	+0.0094%	8h	61.718	+0.061%	$636	$161K	10x	as long as short
KuCoin ASTSUSDTMshort	+0.0100%	8h	61.620	−0.099%	$278K	$63K	20x