Funding arb · Price arb /

ASTS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against SunX−0.112%7-day average −0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$232as in the Funding arb table

Net, price: spread back to 7d avg − costs−$244as in the Price arb table

costs, in and out, $10k−$2382.377% of the position

Long on SunX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 3 days (all we have)−0.004%$0 · spread now −0.112%, 7d avg −0.051%

Together, before fees+0.050%+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.062% cheaper against SunX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ASTS-USDT	62.440	0	get 0.0000% / 8h	7h 30m	$992	$790K	10x
Short	Gate ASTS_USDT	62.370	0	get 0.0000% / 8h	7h 30m	$1.7M	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against SunX. 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 SunXbpFee GatebpOrdersPrice spread, now −0.112%Rate

Funding earned: $0
Price spread: −0.112% → −0.051%: −$6.16
Slippage, 4 orders: −$214.72
Fee SunX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$243.88
Costs to cover: 2.377%
Break-even: never at this rate

Slippage from SunX: live order book, 21 min ago; Gate: live order book, 2 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 SunX live order book, 21 min ago	48.83 bp	67.4 bp −$67	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	11.23 bp	41.8 bp −$42	60.0 bp −$600	82.9 bp −$8,295	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	62.440	0.000%	$13K	$28K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	62.442	+0.003%	$8K	$233K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	62.454	+0.023%	$2.7M	$4.2M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.390	−0.080%	$728K	$379K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.380	−0.096%	$756K	$766K	20x	as long as short
Gate ASTS_USDTshort	0.0000%	8h	62.370	−0.112%	$1.7M	$1.2M	25x
Bitget ASTSUSDT	0.0000%	8h	62.410	−0.048%	$1.2M	$384K	20x	as long as short
SunX ASTS-USDTlong	0.0000%	8h	62.440	long leg	$992	$790K	10x
HTX ASTS-USDT	0.0000%	8h	62.410	−0.048%	$5K	$3K	20x	as long as short
BloFin ASTS-USDT	+0.0030%	8h	62.400	−0.064%	$44K	$8K	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	62.406	−0.054%	$9K	$29K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	62.370	−0.112%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0069%	1h	62.430	−0.016%	$1.1M	$2.2M	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	62.340	−0.160%	$282K	$34K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0361%	8h	62.419	−0.034%	$295	$180K	10x	as long as short