Funding arb · Price arb /

ASTS

RWAall ASTS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.033%

Price spread now: Bybit against OKX−0.016%7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$190as in the Funding arb table

Net, price: spread back to 7d avg − costs−$182as in the Price arb table

costs, in and out, $10k−$1841.843% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 4 days (all we have)−0.063%−$6 · spread now −0.016%, 7d avg −0.039%

Together, before fees−0.124%−$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.023% dearer against OKX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ASTS-USDT-SWAP	61.940	0	get 0.0000% / 8h	3h 21m	$750K	$702K	20x
Short	Bybit ASTSUSDT	61.930	0	get 0.0000% / 8h	3h 21m	$703K	$378K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now −0.016%Rate

Funding earned: $0
Price spread: −0.016% → −0.039%: $2.33
Slippage, 4 orders: −$163.31
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$181.99
Costs to cover: 1.843%
Break-even: never at this rate

Slippage from OKX: live order book, 29 min ago; Bybit: live order book, 28 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 OKX live order book, 29 min ago	7.25 bp	17.2 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 28 min ago	8.07 bp	63.5 bp −$64	187.9 bp −$1,879	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	61.949	+0.015%	$13K	$28K	20x	as long as short
Bybit ASTSUSDTshort	0.0000%	8h	61.930	−0.016%	$703K	$378K	25x
OKX ASTS-USDT-SWAPlong	0.0000%	8h	61.940	long leg	$750K	$702K	20x
Gate ASTS_USDT	0.0000%	8h	61.900	−0.065%	$1.6M	$1.2M	25x	as long as short
Bitget ASTSUSDT	0.0000%	8h	62.020	+0.129%	$1.2M	$354K	20x	as long as short
SunX ASTS-USDT	0.0000%	8h	61.940	0.000%	$1K	$708K	10x	as long as short
HTX ASTS-USDT	0.0000%	8h	61.920	−0.032%	$5K	$3K	20x	as long as short
Lighter RH ASTS	+0.0032%	1h	61.930	−0.016%	$9K	$30K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	61.900	−0.065%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0065%	1h	61.900	−0.065%	$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	+0.0088%	8h	62.000	+0.097%	$45K	$8K	20x	as long as short
Extended ASTS-USD	+0.0088%	1h	61.899	−0.066%	$8K	$230K	10x	as long as short
Binance ASTSUSDT	+0.0091%	8h	61.961	+0.033%	$2.7M	$4.1M	20x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.890	−0.081%	$281K	$55K	20x	as long as short
GRVT ASTS_USDT_Perp	+0.0176%	8h	62.040	+0.161%	$814	$166K	10x	as long as short