Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.012%

Price spread now: QFEX against Gate+0.048%7-day average +0.004% · 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−$69as in the Price arb table

costs, in and out, $10k−$740.738% of the position

Long on Gate 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−0.006%−$1 · spread now +0.048%, 7d avg +0.004%

Together, before fees+0.015%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.044% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ASTS_USDT	62.280	0	get 0.0000% / 8h	5h 05m	$1.7M	$1.2M	25x
Short	QFEX ASTS-USD	62.310	0.0050	get 0.0006% / 1h	5m 51s	$1.1M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Gate. 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 GatebpFee QFEXbpOrdersPrice spread, now +0.048%Rate

Funding earned: $10.45
Price spread: +0.048% → +0.004%: $4.41
Slippage, 4 orders: −$48.82
Fee Gate: 7.5 bp × 2 orders: −$15
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$58.96
Costs to cover: 0.738%
Break-even: 46.5 days

Slippage from Gate: live order book, 2 min ago; QFEX: live order book, 6 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 Gate live order book, 2 min ago	6.42 bp	17.7 bp −$18	112.3 bp −$1,123	180.8 bp −$18.1K	doesn't fit
Sell QFEX live order book, 6 min ago	2.41 bp	9.0 bp −$9	17.0 bp −$170	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	62.242	−0.061%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.240	−0.064%	$706K	$375K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.300	+0.032%	$754K	$757K	20x	as long as short
Gate ASTS_USDTlong	0.0000%	8h	62.280	long leg	$1.7M	$1.2M	25x
Bitget ASTSUSDT	0.0000%	8h	62.280	0.000%	$1.2M	$356K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	62.330	+0.080%	$1K	$724K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.330	+0.080%	$5K	$3K	20x	as long as short
Lighter RH ASTS	+0.0032%	1h	62.310	+0.048%	$9K	$30K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	62.250	−0.048%	—	—	10x	as long as short
QFEX ASTS-USDshort	+0.0050%	1h	62.310	+0.048%	$1.1M	$2.0M	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ASTS-USDT	+0.0071%	8h	62.370	+0.145%	$45K	$8K	20x	as long as short
Binance ASTSUSDT	+0.0072%	8h	62.329	+0.079%	$2.7M	$4.1M	20x	as long as short
Extended ASTS-USD	+0.0072%	1h	62.314	+0.054%	$13K	$231K	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	62.270	−0.016%	$282K	$56K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0264%	8h	62.320	+0.064%	$636	$167K	10x	as long as short