Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: tradeXYZ against Bybit−0.020%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$740.741% of the position

Long on Bybit Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.205%+$20 on $10k

Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.020%, 7d avg −0.046%

Together, before fees+0.213%+ Points / potential airdroptradeXYZ: Active · farm board+$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.026% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASMLUSDT	1,704.6	0	get 0.0000% / 8h	1h 23m	$865K	$108K	25x
Short	tradeXYZ xyz:ASML	1,704.3	0.0050	get 0.0006% / 1h	23m 33s	$2.8M	$840K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.020%Rate

Funding earned: $10.5
Price spread: −0.020% → −0.046%: $2.61
Slippage, 4 orders: −$45.11
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$61
Costs to cover: 0.741%
Break-even: 47.7 days

Slippage from Bybit: live order book, 17 min ago; tradeXYZ: live order book, 4 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, 17 min ago	6.53 bp	13.6 bp −$14	130.3 bp −$1,303	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 4 min ago	2.05 bp	15.2 bp −$15	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	−0.0001%	8h	1,705.9	+0.075%	$47K	$91K	20x	as long as short
Aster ASMLUSDT	0.0000%	8h	1,705.2	+0.032%	$14K	$12K	20x	as long as short
Extended ASML-USD	0.0000%	1h	1,705.1	+0.027%	$7K	$238K	10x	as long as short
Binance ASMLUSDT	0.0000%	8h	1,705.5	+0.051%	$3.2M	$3.7M	20x	as long as short
Bybit ASMLUSDTlong	0.0000%	8h	1,704.6	long leg	$865K	$108K	25x
OKX ASML-USDT-SWAP	0.0000%	8h	1,707.4	+0.162%	$724K	$307K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,705.5	+0.051%	$1.1M	$528K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,705.5	+0.049%	$977K	$539K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,705.4	+0.046%	$324	$172K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,704.9	+0.015%	$1K	$1.0M	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	1,704.6	−0.005%	$10K	$62K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,706.6	+0.115%	$56K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.142%	$11K	$37K	12x	as long as short
Phoenix ASML	+0.0047%	1h	1,704.5	−0.008%	$818	$17K	10x	as long as short
tradeXYZ xyz:ASMLshort	+0.0050%	1h	1,704.3	−0.020%	$2.8M	$840K	10x
Polymarket Perps ASML-USD	+0.0050%	1h	1,705.6	+0.056%	$67K	$448K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,703.5	−0.070%	$215K	$290K	10x	as long as short