Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against Bybit+0.180%7-day average — · you sell dearer than you buy

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

Long on Bybit 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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.180% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASTSUSDT	60.950	0	get 0.0000% / 8h	7h 21m	$709K	$318K	25x
Short	Lighter RH ASTS	61.060	0.0032	get 0.0004% / 1h	21m 02s	$9K	$31K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bybit. 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 BybitbpFee Lighter RHbpOrdersPrice spread, now +0.180%Rate

Funding earned: $6.72
Price spread: +0.180% → 0.000%: $18.05
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $13.77
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Bybit: live order book, 9 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 Bybit live order book, 9 min ago	9.08 bp	70.0 bp −$70	236.1 bp −$2,361	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
BloFin ASTS-USDT	−0.0020%	8h	60.990	+0.066%	$45K	$9K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	60.879	−0.117%	$13K	$20K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	61.075	+0.206%	$8K	$281K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	61.089	+0.229%	$2.7M	$4.2M	20x	as long as short
Bybit ASTSUSDTlong	0.0000%	8h	60.950	long leg	$709K	$318K	25x
OKX ASTS-USDT-SWAP	0.0000%	8h	61.040	+0.148%	$742K	$672K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	60.960	+0.016%	$1.6M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	60.990	+0.066%	$1.1M	$364K	20x	as long as short
GRVT ASTS_USDT_Perp	0.0000%	8h	60.805	−0.237%	$547	$156K	10x	as long as short
SunX ASTS-USDT	0.0000%	8h	60.840	−0.180%	$935	$600K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ASTS-USDT	0.0000%	8h	60.850	−0.164%	$5K	$3K	20x	as long as short
Lighter RH ASTSshort	+0.0032%	1h	61.060	+0.180%	$9K	$31K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	60.950	0.000%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0061%	1h	61.030	+0.131%	$1.1M	$1.8M	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	60.940	−0.016%	$274K	$120K	20x	as long as short