Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: Bitget against Lighter RH+0.031%7-day average — · you sell dearer than you buy

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

Long on Lighter RH Short on Bitget

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

The price spread pays, funding is against you. Bitget is 0.031% dearer against Lighter RH than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ASTS	62.221	0.0032	pay 0.0004% / 1h	6m 38s	$9K	$28K	10x
Short	Bitget ASTSUSDT	62.240	0	get 0.0000% / 8h	5h 06m	$1.2M	$366K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Lighter RH. 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 Lighter RHbpFee BitgetbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$6.72
Price spread: +0.031% → 0.000%: $3.05
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$15.67
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Lighter RH: no order-book sample; Bitget: live order book, 3 min ago. 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 Lighter RH no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	4.02 bp	28.7 bp −$29	57.6 bp −$576	doesn't fit	doesn't fit

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 exchanges

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	62.134	−0.140%	$13K	$20K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	62.240	+0.031%	$719K	$276K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	62.200	−0.034%	$749K	$656K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	62.200	−0.034%	$1.6M	$1.2M	25x	as long as short
Bitget ASTSUSDTshort	0.0000%	8h	62.240	+0.031%	$1.2M	$366K	20x
SunX ASTS-USDT	0.0000%	8h	62.250	+0.047%	$1K	$515K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	62.230	+0.014%	$5K	$3K	20x	as long as short
Lighter RH ASTSlong	+0.0032%	1h	62.221	long leg	$9K	$28K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	62.220	−0.002%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0072%	1h	62.220	−0.002%	$1.1M	$1.9M	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ASTSUSDTM	+0.0100%	8h	62.150	−0.114%	$280K	$271K	20x	as long as short
BloFin ASTS-USDT	+0.0431%	8h	62.290	+0.111%	$46K	$11K	20x	as long as short
Extended ASTS-USD	+0.0456%	1h	62.239	+0.028%	$8K	$274K	10x	as long as short
Binance ASTSUSDT	+0.0457%	8h	62.259	+0.061%	$2.7M	$4.2M	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0947%	8h	62.222	+0.002%	$334	$151K	10x	as long as short