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

ASML

RWAall ASML markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: tradeXYZ 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
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm boardneeds both histories
Funding pays, the price is against you. tradeXYZ is 0.186% cheaper against Lighter than usual: you would sell low and buy high (spread −0.186% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 34 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.083% in total) that is about 16 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ASML1,7250.0032pay 0.0004% / 1h13m 05s$57K$3K10x
ShorttradeXYZ xyz:ASML1,721.80.0050get 0.0006% / 1h13m 05s$2.8M$830K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$3.78
Price spread: −0.186% → 0.000%
−$18.55
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$32.77
Costs to cover
0.180%
Break-even
67.7 days
Slippage unknown: Lighter: no order-book sample; tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago1.16 bp12.5 bp −$1222.7 bp −$227doesn'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%8h1,722.7−0.134%$14K$12K20xas long as short
Bybit ASMLUSDT0.0000%8h1,722−0.173%$871K$126K25xas long as short
OKX ASML-USDT-SWAP0.0000%8h1,724.9−0.006%$729K$294K20xas long as short
Gate ASML_USDT0.0000%8h1,723.2−0.103%$1.1M$545K50xas long as short
Bitget ASMLUSDT0.0000%8h1,723.9−0.062%$988K$514K20xas long as short
GRVT ASML_USDT_Perp0.0000%8h1,724.4−0.038%$379$180K10xas long as short
SunX ASML-USDT0.0000%8h1,722.2−0.165%$1K$1.1M10xas long as short
HTX ASML-USDT0.0000%8h1,724.7−0.016%$11K$59K20xas long as short
Lighter ASMLlong+0.0032%1h1,725long leg$57K$3K10x
Injective ASML/USDC PERP+0.0033%1h1,702.2−1.321%$11K$37K12xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ASMLshort+0.0050%1h1,721.8−0.186%$2.8M$830K10x
Phoenix ASML+0.0093%1h1,721.9−0.180%$828$18K10xas long as short
KuCoin ASMLUSDTM+0.0100%8h1,722.3−0.159%$217K$309K10xas long as short
Polymarket Perps ASML-USD+0.0135%1h1,723.6−0.081%$68K$447K10xas long as short
BloFin ASML-USDT+0.0219%8h1,724.1−0.050%$47K$91K20xas long as short
Binance ASMLUSDT+0.0230%8h1,723.5−0.089%$3.3M$3.5M20xas long as short
Extended ASML-USD+0.0232%1h1,723−0.116%$7K$341K10xas long as short