ASML

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0539%/8h= −59.0% APRnext payment −$5.39 per $10,000 · paid last 24h −0.088%

Price spread now: Bybit against Binance−0.092%7-day average −0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$680.679% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.198%−$20 on $10k

Price spread, last 2 days (all we have)+0.014%+$1 · spread now −0.092%, 7d avg −0.078%

Together, before fees−0.184%−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.078%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.198% in total (about -10.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.39 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	1,722.4	0.0539	pay 0.0539% / 8h	6h 05m	$3.3M	$3.6M	20x
Short	Bybit ASMLUSDT	1,720.8	0	get 0.0000% / 8h	6h 05m	$871K	$127K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.092%Rate

Funding earned: −$113.16
Price spread: −0.092% → −0.078%: −$1.41
Slippage, 4 orders: −$46.88
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$182.46
Costs to cover: 0.679%
Break-even: never at this rate

Slippage from Binance: live order book, 1 min ago; Bybit: live order book, 60 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 Binance live order book, 1 min ago	0.87 bp	17.2 bp −$17	42.9 bp −$429	doesn't fit	doesn't fit
Sell Bybit live order book, 60 min ago	6.54 bp	16.9 bp −$17	155.3 bp −$1,553	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	1,722.4	+0.002%	$14K	$12K	20x	as long as short
Bybit ASMLUSDTshort	0.0000%	8h	1,720.8	−0.092%	$871K	$127K	25x
OKX ASML-USDT-SWAP	0.0000%	8h	1,721.3	−0.061%	$728K	$296K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,721.6	−0.042%	$1.1M	$695K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,721.4	−0.054%	$984K	$534K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,720.5	−0.106%	$361	$186K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,721.4	−0.058%	$914	$1.2M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,720.8	−0.092%	$10K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,724	+0.096%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.169%	$11K	$37K	12x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix ASML	+0.0046%	1h	1,721.9	−0.026%	$824	$19K	10x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,720.5	−0.108%	$2.8M	$790K	10x	as long as short
Polymarket Perps ASML-USD	+0.0050%	1h	1,721.3	−0.061%	$67K	$447K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,720.1	−0.129%	$217K	$319K	10x	as long as short
Extended ASML-USD	+0.0536%	1h	1,722	−0.022%	$4K	$345K	10x	as long as short
Binance ASMLUSDTlong	+0.0539%	8h	1,722.4	long leg	$3.3M	$3.6M	20x