Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against SunX−0.090%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

Funding pays, the price is against you. Lighter RH is 0.090% cheaper against SunX than usual: you would sell low and buy high (spread −0.090% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 9.4 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	SunX ASTS-USDT	61.900	0	get 0.0000% / 8h	3h 16m	$967	$709K	10x
Short	Lighter RH ASTS	61.844	0.0032	get 0.0004% / 1h	16m 58s	$9K	$30K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now −0.090%Rate

Funding earned: $6.72
Price spread: −0.090% → 0.000%: −$9.05
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$10.33
Costs to cover: 0.080%
Break-even: 17.8 days

Slippage unknown: SunX: live order book, 65 min ago; Lighter RH: 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 SunX live order book, 65 min ago	47.35 bp	65.7 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH no order-book sample	—	—	—	—	—

Lighter RH: 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
Aster ASTSUSDT	0.0000%	8h	61.933	+0.053%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	61.860	−0.065%	$702K	$378K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	61.970	+0.113%	$750K	$703K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.870	−0.048%	$1.6M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	61.920	+0.032%	$1.2M	$354K	20x	as long as short
SunX ASTS-USDTlong	0.0000%	8h	61.900	long leg	$967	$709K	10x
HTX ASTS-USDT	0.0000%	8h	61.720	−0.291%	$5K	$3K	20x	as long as short
Lighter RH ASTSshort	+0.0032%	1h	61.844	−0.090%	$9K	$30K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	61.820	−0.129%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0065%	1h	61.870	−0.048%	$1.1M	$1.9M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTSUSDT	+0.0086%	8h	61.930	+0.048%	$2.7M	$4.2M	20x	as long as short
Extended ASTS-USD	+0.0088%	1h	61.913	+0.020%	$8K	$230K	10x	as long as short
BloFin ASTS-USDT	+0.0092%	8h	61.850	−0.081%	$45K	$8K	20x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.850	−0.081%	$280K	$55K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0163%	8h	61.953	+0.086%	$796	$166K	10x	as long as short