Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter against Aster+0.218%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.218% dearer against Aster than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ASMLUSDT	1,713.7	0	get 0.0000% / 8h	2h 28m	$14K	$12K	20x
Short	Lighter ASML	1,717.4	0.0032	get 0.0004% / 1h	28m 00s	$57K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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 AsterbpFee LighterbpOrdersPrice spread, now +0.218%Rate

Funding earned: $6.72
Price spread: +0.218% → 0.000%: $21.82
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $20.54
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; Lighter: no order-book sample. 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 Aster no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

Aster and Lighter: 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.

ASML on 17 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 ASMLUSDTlong	0.0000%	8h	1,713.7	long leg	$14K	$12K	20x
Bybit ASMLUSDT	0.0000%	8h	1,713.9	+0.012%	$879K	$129K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,714.1	+0.026%	$721K	$320K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,715.2	+0.090%	$1.1M	$711K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,713.9	+0.012%	$1.0M	$578K	20x	as long as short
SunX ASML-USDT	0.0000%	8h	1,715.1	+0.086%	$924	$1.3M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,718.3	+0.269%	$10K	$59K	20x	as long as short
Lighter ASMLshort	+0.0032%	1h	1,717.4	+0.218%	$57K	$4K	10x
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.668%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,714.1	+0.026%	$2.8M	$850K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ASML-USD	+0.0050%	1h	1,714.8	+0.066%	$88K	$426K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,713	−0.040%	$213K	$335K	10x	as long as short
Phoenix ASML	+0.0140%	1h	1,714.5	+0.049%	$820	$18K	10x	as long as short
Binance ASMLUSDT	+0.0406%	8h	1,715.5	+0.107%	$3.5M	$3.2M	20x	as long as short
Extended ASML-USD	+0.0408%	1h	1,715.4	+0.101%	$4K	$237K	10x	as long as short
BloFin ASML-USDT	+0.0429%	8h	1,714.8	+0.069%	$46K	$103K	20x	as long as short
GRVT ASML_USDT_Perp	+0.0643%	8h	1,714.2	+0.033%	$789	$207K	10x	as long as short