Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.078%

Price spread now: Injective against Binance+0.594%57s7-day average — · you sell dearer than you buy

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

Long on Binance Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.594% dearer against Binance than usual: you sell high and buy low: +$59 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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	Binance ASMLUSDT	1,692.2	0	get 0.0000% / 8h	0m 19s	$3.2M	$3.6M	20x
Short	Injective ASML/USDC PERP	1,702.2	0.0033	get 0.0004% / 1h	0m 19s	$11K	$37K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.594%Rate

Funding earned: $7
Price spread: +0.594% → 0.000%: $59.39
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $56.37
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Binance: live order book, 6 min ago; Injective: 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 Binance live order book, 6 min ago	4.36 bp	12.6 bp −$13	42.3 bp −$423	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
BloFin ASML-USDT	−0.0010%	8h	1,694.3	+0.128%	$47K	$89K	20x	as long as short
Bitget ASMLUSDT	−0.0004%	8h	1,694.3	+0.125%	$991K	$469K	20x	as long as short
Aster ASMLUSDT	0.0000%	8h	1,692.7	+0.028%	$14K	$12K	20x	as long as short
Extended ASML-USD	0.0000%	1h	1,691.8	−0.024%	$8K	$256K	10x	as long as short
Binance ASMLUSDTlong	0.0000%	8h	1,692.2	long leg	$3.2M	$3.6M	20x
Bybit ASMLUSDT	0.0000%	8h	1,690.6	−0.090%	$858K	$56K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,693	+0.049%	$712K	$245K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,691.9	−0.014%	$1.1M	$493K	50x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,696.3	+0.244%	$339	$164K	10x	as long as short
Phoenix ASML	0.0000%	1h	1,693.7	+0.090%	$812	$17K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ASML-USDT	0.0000%	8h	1,693.5	+0.077%	$10	$992K	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,695.1	+0.176%	$10K	$62K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,693.2	+0.061%	$56K	$3K	10x	as long as short
Injective ASML/USDC PERPshort	+0.0033%	1h	1,702.2	+0.594%	$11K	$37K	12x
tradeXYZ xyz:ASML	+0.0050%	1h	1,690.4	−0.105%	$2.8M	$851K	10x	as long as short
Polymarket Perps ASML-USD	+0.0050%	1h	1,692.1	−0.004%	$66K	$448K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,690.3	−0.112%	$213K	$292K	10x	as long as short