Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.005%

Price spread now: OKX against Lighter RH+0.123%7-day average — · you sell dearer than you buy

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

Long on Lighter RH Short on OKX

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 pays, funding is against you. OKX is 0.123% dearer against Lighter RH than usual: you sell high and buy low (spread +0.123% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ASTS	61.734	0.0032	pay 0.0004% / 1h	9m 30s	$9K	$31K	10x
Short	OKX ASTS-USDT-SWAP	61.810	0	get 0.0000% / 8h	6h 09m	$750K	$656K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.123%Rate

Funding earned: −$6.72
Price spread: +0.123% → 0.000%: $12.31
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$4.41
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter RH: no order-book sample; OKX: live order book, 39 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 OKX live order book, 39 min ago	8.93 bp	34.2 bp −$34	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 exchanges

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	61.801	+0.108%	$13K	$20K	20x	as long as short
OKX ASTS-USDT-SWAPshort	0.0000%	8h	61.810	+0.123%	$750K	$656K	20x
Gate ASTS_USDT	0.0000%	8h	61.720	−0.023%	$1.6M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	61.710	−0.039%	$1.1M	$356K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.690	−0.071%	$1K	$536K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	61.670	−0.104%	$5K	$3K	20x	as long as short
Lighter RH ASTSlong	+0.0032%	1h	61.734	long leg	$9K	$31K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	61.650	−0.136%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0059%	1h	61.790	+0.091%	$1.1M	$1.9M	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.620	−0.185%	$278K	$201K	20x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTSUSDT	+0.0188%	8h	61.740	+0.010%	$718K	$307K	25x	as long as short
Extended ASTS-USD	+0.0408%	1h	61.713	−0.034%	$8K	$276K	10x	as long as short
Binance ASTSUSDT	+0.0414%	8h	61.747	+0.021%	$2.7M	$4.1M	20x	as long as short
BloFin ASTS-USDT	+0.0427%	8h	61.650	−0.136%	$45K	$10K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.1605%	8h	61.647	−0.141%	$890	$152K	10x	as long as short