Funding arb · Price arb /

ASML

RWAall ASML markets

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: Bybit against GRVT+0.044%7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18.5Kas in the Funding arb table

Net, price: spread back to 7d avg − costs−$18.5Kas in the Price arb table

costs, in and out, $10k−$18.5K184.604% of the position

Long on GRVT Short on Bybit

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)−0.395%−$39 · spread now +0.044%, 7d avg −0.053%

Together, before fees−0.719%+ Points / potential airdropGRVT: Active · farm board−$72 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: Bybit is 0.097% dearer against GRVT than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ASML_USDT_Perp	1,722.3	0	get 0.0000% / 8h	5h 41m	$344	$183K	10x
Short	Bybit ASMLUSDT	1,723	0	get 0.0000% / 8h	5h 41m	$872K	$126K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against GRVT. 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 GRVTbpFee BybitbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → −0.053%: $9.71
Slippage, 4 orders: −$18,440.42
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$18,450.71
Costs to cover: 184.604%
Break-even: never at this rate

Slippage from GRVT: live order book, 17 min ago; Bybit: live order book, 19 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 GRVT live order book, 17 min ago	3.92 bp	18397.5 bp −$18.4K	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 19 min ago	9.68 bp	29.1 bp −$29	160.9 bp −$1,609	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
Aster ASMLUSDT	0.0000%	8h	1,724.3	+0.116%	$14K	$12K	20x	as long as short
Bybit ASMLUSDTshort	0.0000%	8h	1,723	+0.044%	$872K	$126K	25x
OKX ASML-USDT-SWAP	0.0000%	8h	1,723.4	+0.065%	$729K	$295K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,723.4	+0.068%	$1.1M	$597K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,723.1	+0.050%	$985K	$535K	20x	as long as short
GRVT ASML_USDT_Perplong	0.0000%	8h	1,722.3	long leg	$344	$183K	10x
SunX ASML-USDT	0.0000%	8h	1,720.8	−0.086%	$1K	$1.1M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,723.2	+0.051%	$11K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,725	+0.158%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.165%	$11K	$37K	12x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ASML	+0.0050%	1h	1,722.5	+0.013%	$2.8M	$786K	10x	as long as short
Polymarket Perps ASML-USD	+0.0050%	1h	1,723.7	+0.083%	$68K	$447K	10x	as long as short
Phoenix ASML	+0.0093%	1h	1,722.2	−0.004%	$828	$17K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,721.7	−0.032%	$217K	$314K	10x	as long as short
Binance ASMLUSDT	+0.0446%	8h	1,723.6	+0.079%	$3.3M	$3.5M	20x	as long as short
BloFin ASML-USDT	+0.0456%	8h	1,722.2	−0.006%	$47K	$102K	20x	as long as short
Extended ASML-USD	+0.0456%	1h	1,723.5	+0.070%	$7K	$339K	10x	as long as short