Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: Bybit against Lighter RH−0.018%7-day average — · you buy dearer than you sell

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

Long on Lighter RH Short on Bybit

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ASTS	61.411	0.0032	pay 0.0004% / 1h	29m 09s	$9K	$31K	10x
Short	Bybit ASTSUSDT	61.400	0	get 0.0000% / 8h	1h 29m	$699K	$316K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$6.72
Price spread: −0.018% → 0.000%: −$1.79
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$19.51
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Lighter RH: no order-book sample; Bybit: live order book, 11 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 Bybit live order book, 11 min ago	7.33 bp	30.4 bp −$30	174.0 bp −$1,740	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 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
Bitget ASTSUSDT	−0.0094%	8h	61.420	+0.015%	$1.1M	$364K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	61.463	+0.084%	$13K	$28K	20x	as long as short
Bybit ASTSUSDTshort	0.0000%	8h	61.400	−0.018%	$699K	$316K	25x
OKX ASTS-USDT-SWAP	0.0000%	8h	61.440	+0.047%	$743K	$678K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.430	+0.031%	$1.6M	$1.2M	25x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.440	+0.047%	$1K	$689K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	61.410	−0.002%	$5K	$3K	20x	as long as short
Lighter RH ASTSlong	+0.0032%	1h	61.411	long leg	$9K	$31K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	61.410	−0.002%	—	—	10x	as long as short
Binance ASTSUSDT	+0.0046%	8h	61.450	+0.064%	$2.7M	$4.3M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ASTS-USD	+0.0048%	1h	61.435	+0.039%	$8K	$218K	10x	as long as short
QFEX ASTS-USD	+0.0063%	1h	61.420	+0.015%	$1.2M	$1.8M	10x	as long as short
BloFin ASTS-USDT	+0.0068%	8h	61.430	+0.031%	$45K	$8K	20x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.390	−0.034%	$278K	$63K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0128%	8h	61.390	−0.034%	$561	$163K	10x	as long as short