Funding arb · Price arb /

ASTS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against SunX−0.065%50s7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$264as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2642.644% of the position

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.105%−$11 · spread now −0.065%, 7d avg +0.005%

Together, before fees−0.105%−$11 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: Bitget is 0.071% cheaper against SunX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ASTS-USDT	61.140	0	get 0.0000% / 8h	7h 47m	$1K	$629K	10x
Short	Bitget ASTSUSDT	61.100	0	get 0.0000% / 8h	7h 47m	$1.1M	$352K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now −0.065%Rate

Funding earned: $0
Price spread: −0.065% → +0.005%: −$7.07
Slippage, 4 orders: −$244.43
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$271.5
Costs to cover: 2.644%
Break-even: never at this rate

Slippage from SunX: live order book, 64 min ago; Bitget: live order book, 4 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 SunX live order book, 64 min ago	47.87 bp	65.7 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	7.36 bp	81.0 bp −$81	178.8 bp −$1,788	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
GRVT ASTS_USDT_Perp	−0.0311%	8h	61.181	+0.067%	$500	$159K	10x	as long as short
BloFin ASTS-USDT	−0.0019%	8h	61.120	−0.033%	$45K	$9K	20x	as long as short
Aster ASTSUSDT	0.0000%	8h	61.130	−0.016%	$13K	$20K	20x	as long as short
Extended ASTS-USD	0.0000%	1h	61.142	+0.004%	$11K	$277K	10x	as long as short
Binance ASTSUSDT	0.0000%	8h	61.156	+0.026%	$2.7M	$4.3M	20x	as long as short
Bybit ASTSUSDT	0.0000%	8h	61.120	−0.033%	$706K	$319K	25x	as long as short
OKX ASTS-USDT-SWAP	0.0000%	8h	61.100	−0.065%	$744K	$669K	20x	as long as short
Gate ASTS_USDT	0.0000%	8h	61.090	−0.082%	$1.6M	$1.2M	25x	as long as short
Bitget ASTSUSDTshort	0.0000%	8h	61.100	−0.065%	$1.1M	$352K	20x
SunX ASTS-USDTlong	0.0000%	8h	61.140	long leg	$1K	$629K	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ASTS-USDT	0.0000%	8h	61.190	+0.082%	$5K	$3K	20x	as long as short
Lighter RH ASTS	+0.0032%	1h	61.117	−0.038%	$9K	$31K	10x	as long as short
Vest ASTS-USD-PERP	+0.0046%	1h	61.100	−0.065%	—	—	10x	as long as short
QFEX ASTS-USD	+0.0061%	1h	61.150	+0.016%	$1.1M	$1.8M	10x	as long as short
KuCoin ASTSUSDTM	+0.0100%	8h	61.100	−0.065%	$275K	$93K	20x	as long as short