Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h +0.016%

Price spread now: KuCoin against QFEX+0.064%7-day average −0.085% · 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−$296as in the Price arb table

costs, in and out, $10k−$3113.110% of the position

Long on QFEX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.093%+$9 on $10k

Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.064%, 7d avg −0.085%

Together, before fees−0.068%−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.149% dearer against QFEX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.085%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX ASTS-USD	62.090	0.0016	pay 0.0002% / 1h	55m 00s	$1.1M	$1.9M	10x
Short	KuCoin ASTSUSDTM	62.130	0.0100	get 0.0100% / 8h	4h 55m	$279K	$283K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.064%Rate

Funding earned: $17.64
Price spread: +0.064% → −0.085%: $14.94
Slippage, 4 orders: −$288.96
Fee QFEX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$278.38
Costs to cover: 3.110%
Break-even: 117.5 days

Slippage from QFEX: live order book, 5 min ago; KuCoin: live order book, 39 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, 5 min ago	3.21 bp	10.2 bp −$10	20.2 bp −$202	doesn't fit	doesn't fit
Sell KuCoin live order book, 39 min ago	16.12 bp	151.9 bp −$152	doesn't fit	doesn't fit	doesn't fit

ASTS on 15 exchanges

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	62.162	+0.116%	$13K	$20K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.110	+0.032%	$718K	$276K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.070	−0.032%	$747K	$630K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.090	0.000%	$1.6M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.100	+0.016%	$1.2M	$355K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.230	+0.225%	$1K	$509K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.150	+0.097%	$5K	$3K	20x	as long as short
QFEX ASTS-USDlong	+0.0016%	1h	62.090	long leg	$1.1M	$1.9M	10x
Lighter RH ASTS	+0.0032%	1h	62.112	+0.035%	$9K	$13K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	62.110	+0.032%	—	—	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ASTSUSDTMshort	+0.0100%	8h	62.130	+0.064%	$279K	$283K	20x
BloFin ASTS-USDT	+0.0422%	8h	62.120	+0.048%	$360	$11K	20x	as long as short
Binance ASTSUSDT	+0.0447%	8h	62.143	+0.085%	$2.7M	$4.2M	20x	as long as short
Extended ASTS-USD	+0.0448%	1h	62.120	+0.049%	$8K	$274K	10x	as long as short
GRVT ASTS_USDT_Perp	+0.0871%	8h	62.207	+0.189%	$987	$152K	10x	as long as short