Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0030%/8h= +3.2% APRpaid last 24h −0.004%

Price spread now: Binance against QFEX0.000%7-day average +0.045% · 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−$56as in the Price arb table

costs, in and out, $10k−$520.515% of the position

Long on QFEX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.014%−$1 on $10k

Price spread, last 7 days+0.055%+$6 · spread now 0.000%, 7d avg +0.045%

Together, before fees+0.042%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.045% cheaper against QFEX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.045%). If the spread goes back, that is −$4 on $10k: about 5.0 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX ASTS-USD	61.720	0.0054	pay 0.0007% / 1h	5m 54s	$1.1M	$1.9M	10x
Short	Binance ASTSUSDT	61.720	0.0084	get 0.0084% / 8h	2h 05m	$2.7M	$4.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $6.23
Price spread: 0.000% → +0.045%: −$4.48
Slippage, 4 orders: −$31.52
Fee QFEX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$49.77
Costs to cover: 0.515%
Break-even: 62.9 days

Slippage from QFEX: live order book, 6 min ago; Binance: live order book, 16 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 QFEX live order book, 6 min ago	2.43 bp	9.3 bp −$9	18.4 bp −$184	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	2.44 bp	14.9 bp −$15	42.2 bp −$422	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
Bitget ASTSUSDT	−0.0068%	8h	61.700	−0.032%	$1.2M	$357K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	61.600	−0.195%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	61.650	−0.113%	$701K	$315K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	61.710	−0.016%	$747K	$680K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.680	−0.065%	$1.6M	$1.2M	25x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.730	+0.016%	$914	$692K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	61.710	−0.016%	$5K	$3K	20x	as long as short
Lighter RH ASTS	+0.0032%	1h	61.688	−0.052%	$9K	$31K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	61.620	−0.162%	—	—	10x	as long as short
QFEX ASTS-USDlong	+0.0054%	1h	61.720	long leg	$1.1M	$1.9M	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ASTS-USD	+0.0080%	1h	61.703	−0.028%	$9K	$227K	10x	as long as short
BloFin ASTS-USDT	+0.0081%	8h	61.770	+0.081%	$45K	$9K	20x	as long as short
Binance ASTSUSDTshort	+0.0084%	8h	61.720	0.000%	$2.7M	$4.2M	20x
KuCoin ASTSUSDTM	+0.0100%	8h	61.610	−0.178%	$281K	$58K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0154%	8h	61.737	+0.028%	$242	$164K	10x	as long as short