Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.023%

Price spread now: OKX against Lighter RH+0.132%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 OKX

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. OKX is 0.132% dearer against Lighter RH than usual: you sell high and buy low (spread +0.132% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH ASTS	61.888	0.0032	pay 0.0004% / 1h	14m 26s	$9K	$30K	10x
Short	OKX ASTS-USDT-SWAP	61.970	0	get 0.0000% / 8h	3h 14m	$750K	$703K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.132%Rate

Funding earned: −$6.72
Price spread: +0.132% → 0.000%: $13.25
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$3.47
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter RH: no order-book sample; OKX: live order book, 37 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 OKX live order book, 37 min ago	7.25 bp	39.1 bp −$39	doesn't fit	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
Aster ASTSUSDT	0.0000%	8h	61.914	+0.043%	$13K	$28K	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	61.850	−0.061%	$702K	$378K	25x	as long as short
OKX ASTS-USDT-SWAPshort	0.0000%	8h	61.970	+0.132%	$750K	$703K	20x
Gate ASTS_USDT	0.0000%	8h	61.880	−0.013%	$1.6M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	61.950	+0.100%	$1.2M	$354K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.940	+0.084%	$1K	$709K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	61.720	−0.271%	$5K	$3K	20x	as long as short
Lighter RH ASTSlong	+0.0032%	1h	61.888	long leg	$9K	$30K	10x
Vest ASTS-USD-PERP	+0.0046%	1h	61.820	−0.110%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0065%	1h	61.880	−0.013%	$1.1M	$1.9M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ASTS-USDT	+0.0079%	8h	61.940	+0.084%	$45K	$8K	20x	as long as short
Extended ASTS-USD	+0.0088%	1h	61.912	+0.039%	$8K	$230K	10x	as long as short
Binance ASTSUSDT	+0.0091%	8h	61.900	+0.019%	$2.7M	$4.2M	20x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.830	−0.094%	$280K	$55K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0159%	8h	61.883	−0.009%	$795	$166K	10x	as long as short