Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0051%/8h= −5.6% APRpaid last 24h −0.011%

Price spread now: Bitget against QFEX−0.016%46s7-day average +0.046% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$590.593% of the position

Long on QFEX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.020%−$2 on $10k

Price spread, last 7 days+0.069%+$7 · spread now −0.016%, 7d avg +0.046%

Together, before fees+0.049%+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.062% cheaper against QFEX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.046%). Swap the legs. The two prices were read 46 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	62.160	0.0051	pay 0.0006% / 1h	19m 51s	$1.1M	$2.2M	10x
Short	Bitget ASTSUSDT	62.150	0	get 0.0000% / 8h	19m 51s	$1.2M	$428K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$10.72
Price spread: −0.016% → +0.046%: −$6.24
Slippage, 4 orders: −$37.29
Fee QFEX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$76.25
Costs to cover: 0.593%
Break-even: never at this rate

Slippage from QFEX: live order book, 2 min ago; Bitget: live order book, 1 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, 2 min ago	2.41 bp	8.5 bp −$9	20.1 bp −$201	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	2.41 bp	22.8 bp −$23	55.1 bp −$551	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
BloFin ASTS-USDT	−0.0014%	8h	62.200	+0.064%	$44K	$8K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	62.110	−0.080%	$13K	$28K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	62.168	+0.013%	$8K	$249K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	62.180	+0.032%	$2.7M	$4.2M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.150	−0.016%	$720K	$381K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.200	+0.064%	$752K	$772K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.130	−0.048%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDTshort	0.0000%	8h	62.150	−0.016%	$1.2M	$428K	20x
SunX ASTS-USDT	0.0000%	8h	62.180	+0.032%	$1K	$804K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.180	+0.032%	$5K	$4K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ASTS	+0.0032%	1h	62.164	+0.006%	$9K	$29K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	62.120	−0.064%	—	—	10x	as long as short
QFEX ASTS-USDlong	+0.0051%	1h	62.160	long leg	$1.1M	$2.2M	10x
GRVT ASTS_USDT_Perp	+0.0075%	8h	62.167	+0.011%	$880	$186K	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	62.070	−0.145%	$280K	$36K	20x	as long as short