Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: Gate against Lighter−0.113%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.128%−$13 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.113% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ASML	1,718.1	0.0032	pay 0.0004% / 1h	53m 53s	$57K	$3K	10x
Short	Gate ASML_USDT	1,716.2	0	get 0.0000% / 8h	53m 53s	$1.1M	$691K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee LighterbpFee GatebpOrdersPrice spread, now −0.113%Rate

Funding earned: −$6.72
Price spread: −0.113% → 0.000%: −$11.35
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$33.07
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; Gate: live order book, 3 min ago. 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 Lighter no order-book sample	—	—	—	—	—
Sell Gate live order book, 3 min ago	10.12 bp	18.1 bp −$18	68.5 bp −$685	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ASMLUSDT	0.0000%	8h	1,714.3	−0.222%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,714.2	−0.226%	$879K	$126K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,716.7	−0.081%	$724K	$310K	20x	as long as short
Gate ASML_USDTshort	0.0000%	8h	1,716.2	−0.113%	$1.1M	$691K	50x
Bitget ASMLUSDT	0.0000%	8h	1,715	−0.181%	$1.0M	$488K	20x	as long as short
SunX ASML-USDT	0.0000%	8h	1,714.7	−0.196%	$756	$1.2M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,717.1	−0.061%	$10K	$59K	20x	as long as short
Lighter ASMLlong	+0.0032%	1h	1,718.1	long leg	$57K	$3K	10x
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.924%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,713.8	−0.250%	$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	1,714.3	−0.221%	$214K	$334K	10x	as long as short
Phoenix ASML	+0.0140%	1h	1,714.3	−0.221%	$828	$19K	10x	as long as short
Polymarket Perps ASML-USD	+0.0150%	1h	1,716	−0.122%	$88K	$427K	10x	as long as short
Binance ASMLUSDT	+0.0620%	8h	1,715.7	−0.137%	$3.5M	$3.1M	20x	as long as short
Extended ASML-USD	+0.0624%	1h	1,715.4	−0.156%	$4K	$237K	10x	as long as short
BloFin ASML-USDT	+0.0642%	8h	1,716.1	−0.118%	$17	$102K	20x	as long as short
GRVT ASML_USDT_Perp	+0.0778%	8h	1,715.2	−0.168%	$669	$203K	10x	as long as short