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: Gate against GRVT+0.044%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
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)−0.159%−$16 · spread now +0.044%, 7d avg −0.033%
Together, before fees−0.448%+ Points / potential airdropGRVT: Active · farm board−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.077% dearer against GRVT than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.033%): +$8 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.289% in total) that is about 45 hours.
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
LongGRVT ASML_USDT_Perp1,716.40.0924pay 0.0924% / 8h6m 54s$309$199K10x
ShortGate ASML_USDT1,717.10get 0.0000% / 8h6m 54s$1.1M$695K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
−$194.04
Price spread: +0.044% → −0.033%
$7.7
Slippage, 4 orders
−$60.03
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$270.38
Costs to cover
0.840%
Break-even
never at this rate
Slippage from GRVT: live order book, 1 min ago; Gate: live order book, 5 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 GRVT live order book, 1 min ago1.16 bp31.3 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago4.02 bp12.4 bp −$1261.3 bp −$613doesn'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%8h1,715.7−0.039%$14K$12K20xas long as short
Bybit ASMLUSDT0.0000%8h1,716.5+0.007%$880K$126K25xas long as short
OKX ASML-USDT-SWAP0.0000%8h1,718.3+0.112%$724K$309K20xas long as short
Gate ASML_USDTshort0.0000%8h1,717.1+0.044%$1.1M$695K50x
Bitget ASMLUSDT0.0000%8h1,716.9+0.028%$1.0M$504K20xas long as short
SunX ASML-USDT0.0000%8h1,715.8−0.034%$1K$1.2M10xas long as short
HTX ASML-USDT0.0000%8h1,715.8−0.031%$10K$59K20xas long as short
Lighter ASML+0.0032%1h1,719.5+0.182%$57K$3K10xas long as short
Injective ASML/USDC PERP+0.0033%1h1,702.2−0.824%$11K$37K12xas long as short
tradeXYZ xyz:ASML+0.0050%1h1,715.5−0.051%$2.8M$799K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ASMLUSDTM+0.0100%8h1,715.2−0.069%$214K$327K10xas long as short
Phoenix ASML+0.0140%1h1,715.7−0.039%$828$19K10xas long as short
Polymarket Perps ASML-USD+0.0148%1h1,716.8+0.025%$79K$436K10xas long as short
Extended ASML-USD+0.0840%1h1,716.7+0.017%$4K$237K10xas long as short
Binance ASMLUSDT+0.0843%8h1,717.5+0.067%$3.6M$3.1M20xas long as short
BloFin ASML-USDT+0.0869%8h1,717+0.034%$46K$101K20xas long as short
GRVT ASML_USDT_Perplong+0.0924%8h1,716.4long leg$309$199K10x