Funding arb · Price arb /

ASML

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.010%

Price spread now: Injective against Gate−0.775%7-day average — · you buy dearer than you sell

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

Long on Gate 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

Funding pays, the price is against you. Injective is 0.775% cheaper against Gate than usual: you would sell low and buy high (spread −0.775% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$78 on $10k: about 3 months of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ASML_USDT	1,715.5	0	get 0.0000% / 8h	57m 07s	$1.1M	$691K	50x
Short	Injective ASML/USDC PERP	1,702.2	0.0033	get 0.0004% / 1h	57m 07s	$11K	$37K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee GatebpFee InjectivebpOrdersPrice spread, now −0.775%Rate

Funding earned: $7
Price spread: −0.775% → 0.000%: −$77.53
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$85.55
Costs to cover: 0.150%
Break-even: 92.5 days

Slippage unknown: Gate: live order book, 5 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 Gate live order book, 5 min ago	9.97 bp	22.2 bp −$22	76.6 bp −$766	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
Aster ASMLUSDT	0.0000%	8h	1,713.9	−0.094%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,714.2	−0.076%	$879K	$128K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,716.7	+0.069%	$724K	$312K	20x	as long as short
Gate ASML_USDTlong	0.0000%	8h	1,715.5	long leg	$1.1M	$691K	50x
Bitget ASMLUSDT	0.0000%	8h	1,715	−0.030%	$1.0M	$503K	20x	as long as short
SunX ASML-USDT	0.0000%	8h	1,714.3	−0.072%	$687	$1.2M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,718.7	+0.184%	$10K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,718.2	+0.156%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERPshort	+0.0033%	1h	1,702.2	−0.775%	$11K	$37K	12x
tradeXYZ xyz:ASML	+0.0050%	1h	1,713.8	−0.100%	$2.8M	$849K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ASMLUSDTM	+0.0100%	8h	1,713.8	−0.100%	$213K	$336K	10x	as long as short
Phoenix ASML	+0.0140%	1h	1,714.3	−0.071%	$822	$19K	10x	as long as short
Polymarket Perps ASML-USD	+0.0166%	1h	1,715.8	+0.016%	$88K	$427K	10x	as long as short
BloFin ASML-USDT	+0.0610%	8h	1,716.1	+0.034%	$17	$103K	20x	as long as short
Binance ASMLUSDT	+0.0613%	8h	1,715.7	+0.009%	$3.5M	$3.1M	20x	as long as short
Extended ASML-USD	+0.0616%	1h	1,715.1	−0.022%	$4K	$237K	10x	as long as short
GRVT ASML_USDT_Perp	+0.0768%	8h	1,715.4	−0.009%	$669	$203K	10x	as long as short