Funding you earn now, next payment 08:00 UTC−0.0626%/8h= −68.6% APRnext payment −$6.26 per $10,000 · paid last 24h −0.088%
Price spread now: Bitget against Binance+0.007%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$490.486% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 2 days (all we have)−0.024%−$2 · spread now +0.007%, 7d avg −0.043%
=The price spread pays, funding is against you. Bitget is 0.050% dearer against Binance than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.043%): +$5 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.064% in total) that is about 5.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.064% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ASMLUSDT | 1,721.7 | 0.0626 | pay 0.0626% / 8h | 6h 30m | $3.3M | $3.6M | 20x |
| Short | Bitget ASMLUSDT | 1,721.8 | 0 | get 0.0000% / 8h | 6h 30m | $985K | $534K | 20x |
Binance ASMLUSDT
Bitget ASMLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$131.53
- Price spread: +0.007% → −0.043%
- $5.02
- Slippage, 4 orders
- −$26.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$175.12
- Costs to cover
- 0.486%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bitget: live order book, just now.
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 Binance live order book, 5 min ago | 0.03 bp | 12.4 bp −$12 | 37.8 bp −$378 | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 0.23 bp | 14.4 bp −$14 | 195.4 bp −$1,954 | doesn't fit | doesn't fit |
ASML on 16 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 ASMLUSDT | 0.0000% | 8h | 1,719.4 | −0.132% | $14K | $12K | 20x | as long as short |
| Bybit ASMLUSDT | 0.0000% | 8h | 1,720 | −0.098% | $871K | $127K | 25x | as long as short |
| OKX ASML-USDT-SWAP | 0.0000% | 8h | 1,721.8 | +0.007% | $729K | $300K | 20x | as long as short |
| Gate ASML_USDT | 0.0000% | 8h | 1,720.8 | −0.053% | $1.1M | $688K | 50x | as long as short |
| Bitget ASMLUSDTshort | 0.0000% | 8h | 1,721.8 | +0.007% | $985K | $534K | 20x | |
| GRVT ASML_USDT_Perp | 0.0000% | 8h | 1,719.6 | −0.120% | $310 | $188K | 10x | as long as short |
| SunX ASML-USDT | 0.0000% | 8h | 1,719.9 | −0.102% | $851 | $1.2M | 10x | as long as short |
| HTX ASML-USDT | 0.0000% | 8h | 1,718.2 | −0.200% | $10K | $59K | 20x | as long as short |
| Lighter ASML | +0.0032% | 1h | 1,720.3 | −0.080% | $57K | $3K | 10x | as long as short |
| Injective ASML/USDC PERP | +0.0033% | 1h | 1,702.2 | −1.130% | $11K | $37K | 12x | as long as short |
Aster ASMLUSDT
Bybit ASMLUSDT
OKX ASML-USDT-SWAP
Gate ASML_USDT
GRVT ASML_USDT_Perp
SunX ASML-USDT
HTX ASML-USDT
Lighter ASML
Injective ASML/USDC PERPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ASML | +0.0046% | 1h | 1,718.7 | −0.173% | $823 | $19K | 10x | as long as short |
| tradeXYZ xyz:ASML | +0.0050% | 1h | 1,721.2 | −0.028% | $2.8M | $798K | 10x | as long as short |
| Polymarket Perps ASML-USD | +0.0050% | 1h | 1,720.1 | −0.092% | $67K | $447K | 10x | as long as short |
| KuCoin ASMLUSDTM | +0.0100% | 8h | 1,718 | −0.213% | $216K | $320K | 10x | as long as short |
| Binance ASMLUSDTlong | +0.0626% | 8h | 1,721.7 | long leg | $3.3M | $3.6M | 20x | |
| Extended ASML-USD | +0.0632% | 1h | 1,719.5 | −0.128% | $6K | $342K | 10x | as long as short |
Phoenix ASML
tradeXYZ xyz:ASML
Polymarket Perps ASML-USD
KuCoin ASMLUSDTM
Extended ASML-USD