Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: SunX against Lighter−0.186%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 SunX

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 SunX is 0.186% cheaper against Lighter than usual: you would sell low and buy high (−$19 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	1,723.2	0.0032	pay 0.0004% / 1h	22m 14s	$57K	$3K	10x
Short	SunX ASML-USDT	1,720	0	get 0.0000% / 8h	6h 22m	$1K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.186%Rate

Funding earned: −$6.72
Price spread: −0.186% → 0.000%: −$18.63
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$33.35
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; SunX: live order book, 1 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 SunX live order book, 1 min ago	500.02 bp	doesn't fit	doesn't fit	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 16 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	1,722.6	−0.038%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,720.8	−0.140%	$871K	$127K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,721.6	−0.093%	$728K	$299K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,721.6	−0.092%	$1.1M	$693K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,722.1	−0.067%	$985K	$534K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,721.5	−0.098%	$362	$187K	10x	as long as short
SunX ASML-USDTshort	0.0000%	8h	1,720	−0.186%	$1K	$1.2M	10x
HTX ASML-USDT	0.0000%	8h	1,723.4	+0.013%	$11K	$59K	20x	as long as short
Lighter ASMLlong	+0.0032%	1h	1,723.2	long leg	$57K	$3K	10x
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.218%	$11K	$37K	12x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix ASML	+0.0046%	1h	1,721.9	−0.075%	$825	$19K	10x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,720.6	−0.151%	$2.8M	$791K	10x	as long as short
Polymarket Perps ASML-USD	+0.0050%	1h	1,721.7	−0.087%	$68K	$447K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,719	−0.242%	$216K	$319K	10x	as long as short
Binance ASMLUSDT	+0.0596%	8h	1,722.3	−0.055%	$3.3M	$3.6M	20x	as long as short
Extended ASML-USD	+0.0600%	1h	1,721	−0.126%	$4K	$345K	10x	as long as short