Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0063%/8h= −6.9% APRpaid last 24h −0.014%

Price spread now: Aster against QFEX−0.112%53s7-day average — · you buy dearer than you sell

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

Long on QFEX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.112% cheaper against QFEX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX ASTS-USD	61.580	0.0063	pay 0.0008% / 1h	49m 42s	$1.1M	$1.8M	10x
Short	Aster ASTSUSDT	61.511	0	get 0.0000% / 8h	1h 49m	$13K	$28K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against QFEX. 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 QFEXbpFee AsterbpOrdersPrice spread, now −0.112%Rate

Funding earned: −$13.14
Price spread: −0.112% → 0.000%: −$11.17
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$42.31
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: QFEX: live order book, 2 min ago; Aster: 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 QFEX live order book, 2 min ago	3.25 bp	9.9 bp −$10	17.5 bp −$175	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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	−0.0054%	8h	61.570	−0.016%	$1.2M	$357K	20x	as long as short
Aster ASTSUSDTshort	0.0000%	8h	61.511	−0.112%	$13K	$28K	20x
Bybit ASTSUSDT	0.0000%	8h	61.590	+0.016%	$701K	$316K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	61.600	+0.032%	$745K	$679K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.590	+0.016%	$1.6M	$1.2M	25x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.580	0.000%	$1K	$687K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	61.580	0.000%	$5K	$3K	20x	as long as short
Lighter RH ASTS	+0.0032%	1h	61.572	−0.013%	$9K	$31K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	61.520	−0.097%	—	—	10x	as long as short
BloFin ASTS-USDT	+0.0062%	8h	61.540	−0.065%	$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
QFEX ASTS-USDlong	+0.0063%	1h	61.580	long leg	$1.1M	$1.8M	10x
Extended ASTS-USD	+0.0080%	1h	61.575	−0.009%	$8K	$232K	10x	as long as short
Binance ASTSUSDT	+0.0082%	8h	61.593	+0.021%	$2.7M	$4.2M	20x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.540	−0.065%	$279K	$59K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0164%	8h	61.620	+0.065%	$1K	$163K	10x	as long as short