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: SunX against Lighter RH+0.085%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 SunX

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. SunX is 0.085% dearer against Lighter RH than usual: you sell high and buy low (spread +0.085% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ASTS	62.017	0.0032	pay 0.0004% / 1h	42m 11s	$9K	$30K	10x
Short	SunX ASTS-USDT	62.070	0	get 0.0000% / 8h	3h 42m	$1K	$711K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.085%Rate

Funding earned: −$6.72
Price spread: +0.085% → 0.000%: $8.55
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$6.17
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Lighter RH: no order-book sample; SunX: 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 SunX live order book, 39 min ago	47.35 bp	66.4 bp −$66	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
Aster ASTSUSDT	0.0000%	8h	62.125	+0.175%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.030	+0.021%	$704K	$377K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.050	+0.053%	$751K	$709K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.050	+0.053%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.050	+0.053%	$1.2M	$354K	20x	as long as short
SunX ASTS-USDTshort	0.0000%	8h	62.070	+0.085%	$1K	$711K	10x
HTX ASTS-USDT	0.0000%	8h	62.070	+0.085%	$5K	$3K	20x	as long as short
Lighter RH ASTSlong	+0.0032%	1h	62.017	long leg	$9K	$30K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	62.000	−0.027%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0065%	1h	62.050	+0.053%	$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	+0.0078%	8h	62.020	+0.005%	$45K	$8K	20x	as long as short
Extended ASTS-USD	+0.0096%	1h	62.056	+0.063%	$8K	$230K	10x	as long as short
Binance ASTSUSDT	+0.0098%	8h	62.075	+0.094%	$2.7M	$4.1M	20x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.990	−0.044%	$281K	$55K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0204%	8h	62.055	+0.062%	$498	$167K	10x	as long as short