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

ASML

RWAall ASML markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0464%/8h= +50.8% APRnext payment +$0.58 per $10,000 · paid last 24h +0.007%
Price spread now: Extended against Lighter−0.213%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.213% cheaper against Lighter than usual: you would sell low and buy high (spread −0.213% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 37 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.054% in total) that is about 28 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.054% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.58 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
LongLighter ASML1,718.30.0032pay 0.0004% / 1h32m 10s$57K$3K10x
ShortExtended ASML-USD1,714.60.0496get 0.0062% / 1h32m 10s$4K$237K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Lighter. 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
$97.44
Price spread: −0.213% → 0.000%
−$21.28
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$71.16
Costs to cover
0.050%
Break-even
1.9 days
Slippage unknown: Lighter: no order-book sample; Extended: live order book, 50 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Extended live order book, 50 min ago8.31 bp24.0 bp −$24209.4 bp −$2,094doesn't fitdoesn't fit
Lighter: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ASMLUSDT0.0000%8h1,713.4−0.287%$14K$12K20xas long as short
Bybit ASMLUSDT0.0000%8h1,714.3−0.235%$879K$129K25xas long as short
OKX ASML-USDT-SWAP0.0000%8h1,714.7−0.210%$723K$320K20xas long as short
Gate ASML_USDT0.0000%8h1,715.4−0.172%$1.1M$699K50xas long as short
Bitget ASMLUSDT0.0000%8h1,715.1−0.189%$1.0M$579K20xas long as short
SunX ASML-USDT0.0000%8h1,714.6−0.216%$926$1.2M10xas long as short
HTX ASML-USDT0.0000%8h1,716.9−0.079%$11K$59K20xas long as short
Lighter ASMLlong+0.0032%1h1,718.3long leg$57K$3K10x
Injective ASML/USDC PERP+0.0033%1h1,702.2−0.936%$11K$37K12xas long as short
tradeXYZ xyz:ASML+0.0050%1h1,713.3−0.291%$2.8M$857K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ASML-USD+0.0050%1h1,715.4−0.169%$88K$427K10xas long as short
KuCoin ASMLUSDTM+0.0100%8h1,713.3−0.292%$213K$332K10xas long as short
Phoenix ASML+0.0140%1h1,714.4−0.227%$820$18K10xas long as short
BloFin ASML-USDT+0.0477%8h1,715−0.191%$46K$104K20xas long as short
Binance ASMLUSDT+0.0494%8h1,714.9−0.196%$3.5M$3.2M20xas long as short
Extended ASML-USDshort+0.0496%1h1,714.6−0.213%$4K$237K10x
GRVT ASML_USDT_Perp+0.0712%8h1,715.2−0.182%$806$203K10xas long as short