Funding arb · Price arb /

ASML

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.112%

Price spread now: GRVT against Bybit+0.112%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$620.620% of the position

Long on Bybit Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.324%+$32 on $10k

Price spread, last 4 days (all we have)+0.069%+$7 · spread now +0.112%, 7d avg +0.055%

Together, before fees+0.393%+ Points / potential airdropGRVT: Active · farm board+$39 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.057% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASMLUSDT	1,702.6	0	get 0.0000% / 8h	41m 12s	$863K	$57K	25x
Short	GRVT ASML_USDT_Perp	1,704.5	0	get 0.0000% / 8h	41m 12s	$290	$168K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Bybit. 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 BybitbpFee GRVTbpOrdersPrice spread, now +0.112%Rate

Funding earned: $0
Price spread: +0.112% → +0.055%: $5.67
Slippage, 4 orders: −$41.97
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$56.3
Costs to cover: 0.620%
Break-even: never at this rate

Slippage from Bybit: live order book, 59 min ago; GRVT: live order book, 56 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 Bybit live order book, 59 min ago	6.53 bp	13.6 bp −$14	130.3 bp −$1,303	doesn't fit	doesn't fit
Sell GRVT live order book, 56 min ago	2.81 bp	10.7 bp −$11	doesn't fit	doesn't fit	doesn't fit

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	−0.0025%	8h	1,704.2	+0.098%	$47K	$90K	20x	as long as short
Aster ASMLUSDT	0.0000%	8h	1,703.8	+0.070%	$14K	$12K	20x	as long as short
Extended ASML-USD	0.0000%	1h	1,703.8	+0.071%	$7K	$256K	10x	as long as short
Binance ASMLUSDT	0.0000%	8h	1,704.2	+0.094%	$3.2M	$3.6M	20x	as long as short
Bybit ASMLUSDTlong	0.0000%	8h	1,702.6	long leg	$863K	$57K	25x
OKX ASML-USDT-SWAP	0.0000%	8h	1,703.8	+0.072%	$721K	$292K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,704.3	+0.099%	$1.1M	$482K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,703.9	+0.078%	$990K	$473K	20x	as long as short
GRVT ASML_USDT_Perpshort	0.0000%	8h	1,704.5	+0.112%	$290	$168K	10x
Phoenix ASML	0.0000%	1h	1,703.5	+0.055%	$815	$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	1,702.2	−0.023%	$1K	$1.0M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,702.4	−0.009%	$10K	$62K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,704.9	+0.137%	$56K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.021%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,702.3	−0.016%	$2.8M	$849K	10x	as long as short
Polymarket Perps ASML-USD	+0.0050%	1h	1,703.6	+0.060%	$67K	$448K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,703.1	+0.029%	$215K	$283K	10x	as long as short