Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.079%

Price spread now: Lighter against Binance+0.075%7-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 Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

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

Together, before fees—+ Points / potential airdropLighter: 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 0.075% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ASMLUSDT	1,691.4	0	get 0.0000% / 8h	7h 56m	$3.2M	$3.6M	20x
Short	Lighter ASML	1,692.7	0.0032	get 0.0004% / 1h	56m 44s	$56K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.075%Rate

Funding earned: $6.72
Price spread: +0.075% → 0.000%: $7.52
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $4.24
Costs to cover: 0.100%
Break-even: 2.6 days

Slippage unknown: Binance: live order book, 9 min ago; 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 Binance live order book, 9 min ago	4.36 bp	12.6 bp −$13	42.3 bp −$423	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

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
Bitget ASMLUSDT	−0.0010%	8h	1,691.3	−0.007%	$991K	$450K	20x	as long as short
BloFin ASML-USDT	−0.0003%	8h	1,692.5	+0.063%	$47K	$89K	20x	as long as short
Aster ASMLUSDT	0.0000%	8h	1,693.8	+0.141%	$14K	$12K	20x	as long as short
Extended ASML-USD	0.0000%	1h	1,691.1	−0.020%	$8K	$256K	10x	as long as short
Binance ASMLUSDTlong	0.0000%	8h	1,691.4	long leg	$3.2M	$3.6M	20x
Bybit ASMLUSDT	0.0000%	8h	1,690.7	−0.044%	$860K	$57K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,692.4	+0.057%	$712K	$243K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,691.8	+0.024%	$1.1M	$459K	50x	as long as short
Phoenix ASML	0.0000%	1h	1,691.1	−0.019%	$809	$17K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,690.1	−0.079%	$358	$982K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ASML-USDT	0.0000%	8h	1,690.4	−0.060%	$10K	$62K	20x	as long as short
Lighter ASMLshort	+0.0032%	1h	1,692.7	+0.075%	$56K	$3K	10x
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	+0.638%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,690.8	−0.037%	$2.8M	$800K	10x	as long as short
Polymarket Perps ASML-USD	+0.0050%	1h	1,690.6	−0.049%	$66K	$443K	10x	as long as short
GRVT ASML_USDT_Perp	+0.0095%	8h	1,693	+0.095%	$288	$164K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,691.1	−0.021%	$213K	$295K	10x	as long as short