Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.013%

Price spread now: QFEX against Bitget+0.032%7-day average −0.044% · 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−$43as in the Price arb table

costs, in and out, $10k−$510.510% of the position

Long on Bitget Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.022%+$2 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.032%, 7d avg −0.044%

Together, before fees−0.018%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and QFEX is 0.076% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ASTSUSDT	62.250	0	get 0.0000% / 8h	4h 20m	$1.2M	$355K	20x
Short	QFEX ASTS-USD	62.270	0.0080	get 0.0010% / 1h	20m 24s	$1.1M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Bitget. 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 BitgetbpFee QFEXbpOrdersPrice spread, now +0.032%Rate

Funding earned: $16.8
Price spread: +0.032% → −0.044%: $7.57
Slippage, 4 orders: −$28.96
Fee Bitget: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$26.6
Costs to cover: 0.510%
Break-even: 18.1 days

Slippage from Bitget: live order book, 1 min ago; QFEX: 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 Bitget live order book, 1 min ago	4.01 bp	12.4 bp −$12	26.5 bp −$265	doesn't fit	doesn't fit
Sell QFEX live order book, 2 min ago	2.41 bp	9.4 bp −$9	18.4 bp −$184	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
Aster ASTSUSDT	0.0000%	8h	62.211	−0.063%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.210	−0.064%	$706K	$376K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.300	+0.080%	$754K	$761K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.270	+0.032%	$1.7M	$1.2M	25x	as long as short
Bitget ASTSUSDTlong	0.0000%	8h	62.250	long leg	$1.2M	$355K	20x
SunX ASTS-USDT	0.0000%	8h	62.280	+0.048%	$881	$726K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.280	+0.048%	$5K	$3K	20x	as long as short
BloFin ASTS-USDT	+0.0031%	8h	62.300	+0.080%	$45K	$8K	20x	as long as short
Lighter RH ASTS	+0.0032%	1h	62.283	+0.053%	$9K	$30K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	62.220	−0.048%	—	—	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	+0.0055%	8h	62.295	+0.072%	$2.7M	$4.2M	20x	as long as short
Extended ASTS-USD	+0.0056%	1h	62.279	+0.046%	$9K	$232K	10x	as long as short
QFEX ASTS-USDshort	+0.0080%	1h	62.270	+0.032%	$1.1M	$2.0M	10x
KuCoin ASTSUSDTM	+0.0100%	8h	62.220	−0.048%	$282K	$56K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0151%	8h	62.270	+0.032%	$961	$166K	10x	as long as short