Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h −0.020%

Price spread now: QFEX against OKX+0.016%7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$680.675% of the position

Long on OKX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.036%−$4 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.016%, 7d avg −0.037%

Together, before fees−0.085%−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.053% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ASTS-USDT-SWAP	62.270	0	get 0.0000% / 8h	5h 03m	$754K	$757K	20x
Short	QFEX ASTS-USD	62.280	0.0050	get 0.0006% / 1h	3m 08s	$1.1M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against OKX. 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 OKXbpFee QFEXbpOrdersPrice spread, now +0.016%Rate

Funding earned: $10.45
Price spread: +0.016% → −0.037%: $5.26
Slippage, 4 orders: −$47.51
Fee OKX: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$51.8
Costs to cover: 0.675%
Break-even: 41.7 days

Slippage from OKX: live order book, 58 min ago; QFEX: live order book, 4 min ago.

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 OKX live order book, 58 min ago	11.27 bp	28.7 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	3.21 bp	8.2 bp −$8	14.6 bp −$146	doesn't fit	doesn't fit

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	62.252	−0.030%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.250	−0.032%	$706K	$375K	25x	as long as short
OKX ASTS-USDT-SWAPlong	0.0000%	8h	62.270	long leg	$754K	$757K	20x
Gate ASTS_USDT	0.0000%	8h	62.280	+0.016%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.290	+0.032%	$1.2M	$356K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.330	+0.096%	$1K	$724K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.340	+0.112%	$5K	$3K	20x	as long as short
Lighter RH ASTS	+0.0032%	1h	62.292	+0.035%	$9K	$30K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	62.260	−0.016%	—	—	10x	as long as short
QFEX ASTS-USDshort	+0.0050%	1h	62.280	+0.016%	$1.1M	$2.0M	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTSUSDT	+0.0076%	8h	62.305	+0.057%	$2.7M	$4.1M	20x	as long as short
Extended ASTS-USD	+0.0080%	1h	62.314	+0.070%	$13K	$231K	10x	as long as short
BloFin ASTS-USDT	+0.0093%	8h	62.330	+0.096%	$45K	$8K	20x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	62.270	0.000%	$282K	$56K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0276%	8h	62.339	+0.111%	$608	$167K	10x	as long as short