Settings8H · net · $10k
Funding arb · Price arb /

ASML

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0924%/8h= +101.2% APRnext payment +$9.24 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Gate−0.057%51s7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$840.840% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.289%+$29 on $10k
Price spread, last 3 days (all we have)+0.171%+$17 · spread now −0.057%, 7d avg +0.033%
Together, before fees+0.460%+ Points / potential airdropGRVT: Active · farm board+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.090% cheaper against Gate than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.033%). If the spread goes back, that is −$9 on $10k: about 8 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.289% in total) that is about 2.2 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.289% in total (about 15.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ASML_USDT1,717.40get 0.0000% / 8h6m 30s$1.1M$695K50x
ShortGRVT ASML_USDT_Perp1,716.40.0924get 0.0924% / 8h6m 30s$309$199K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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

Funding earned
$194.04
Price spread: −0.057% → +0.033%
−$8.97
Slippage, 4 orders
−$60.03
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$101.03
Costs to cover
0.840%
Break-even
3.4 days
Slippage from Gate: live order book, 5 min ago; GRVT: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago4.02 bp34.7 bp −$3575.8 bp −$758doesn't fitdoesn't fit
Sell GRVT live order book, 2 min ago1.16 bp5.7 bp −$6doesn't fitdoesn't fitdoesn't fit

ASML on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ASMLUSDT0.0000%8h1,716.5−0.052%$14K$12K20xas long as short
Bybit ASMLUSDT0.0000%8h1,716.6−0.045%$880K$126K25xas long as short
OKX ASML-USDT-SWAP0.0000%8h1,718.3+0.055%$724K$309K20xas long as short
Gate ASML_USDTlong0.0000%8h1,717.4long leg$1.1M$695K50x
Bitget ASMLUSDT0.0000%8h1,717−0.020%$1.0M$504K20xas long as short
SunX ASML-USDT0.0000%8h1,715.8−0.091%$1K$1.2M10xas long as short
HTX ASML-USDT0.0000%8h1,715.8−0.088%$10K$59K20xas long as short
Lighter ASML+0.0032%1h1,720.3+0.172%$57K$3K10xas long as short
Injective ASML/USDC PERP+0.0033%1h1,702.2−0.881%$11K$37K12xas long as short
tradeXYZ xyz:ASML+0.0050%1h1,716.3−0.061%$2.8M$799K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ASMLUSDTM+0.0100%8h1,715.6−0.100%$214K$327K10xas long as short
Phoenix ASML+0.0140%1h1,715.7−0.096%$828$19K10xas long as short
Polymarket Perps ASML-USD+0.0144%1h1,717.8+0.026%$79K$436K10xas long as short
Extended ASML-USD+0.0840%1h1,717.3−0.003%$4K$237K10xas long as short
Binance ASMLUSDT+0.0845%8h1,717.6+0.016%$3.6M$3.1M20xas long as short
BloFin ASML-USDT+0.0869%8h1,717−0.023%$46K$101K20xas long as short
GRVT ASML_USDT_Perpshort+0.0924%8h1,716.4−0.057%$309$199K10x