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

ASML

RWAall ASML markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0140%/8h= −15.4% APRpaid last 24h −0.025%
Price spread now: Bitget against Phoenix−0.037%79s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.037% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix ASML1,714.50.0140pay 0.0018% / 1h28m 06s$820$18K10x
ShortBitget ASMLUSDT1,713.90get 0.0000% / 8h2h 28m$1.0M$578K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Phoenix. 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
−$29.47
Price spread: −0.037% → 0.000%
−$3.73
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$52.2
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Bitget: 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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix no order-book sample
Sell Bitget live order book, 3 min ago2.04 bp15.5 bp −$1637.9 bp −$379doesn't fitdoesn't fit
Phoenix: 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%8h1,713.7−0.049%$14K$12K20xas long as short
Bybit ASMLUSDT0.0000%8h1,713.9−0.037%$879K$129K25xas long as short
OKX ASML-USDT-SWAP0.0000%8h1,714.1−0.023%$721K$320K20xas long as short
Gate ASML_USDT0.0000%8h1,715.2+0.041%$1.1M$711K50xas long as short
Bitget ASMLUSDTshort0.0000%8h1,713.9−0.037%$1.0M$578K20x
SunX ASML-USDT0.0000%8h1,715.1+0.037%$924$1.3M10xas long as short
HTX ASML-USDT0.0000%8h1,718.3+0.220%$10K$59K20xas long as short
Lighter ASML+0.0032%1h1,717.4+0.169%$57K$4K10xas long as short
Injective ASML/USDC PERP+0.0033%1h1,702.2−0.716%$11K$37K12xas long as short
tradeXYZ xyz:ASML+0.0050%1h1,714.1−0.023%$2.8M$850K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ASML-USD+0.0050%1h1,714.8+0.017%$88K$426K10xas long as short
KuCoin ASMLUSDTM+0.0100%8h1,713−0.089%$213K$335K10xas long as short
Phoenix ASMLlong+0.0140%1h1,714.5long leg$820$18K10x
Binance ASMLUSDT+0.0406%8h1,715.5+0.058%$3.5M$3.2M20xas long as short
Extended ASML-USD+0.0408%1h1,715.4+0.052%$4K$237K10xas long as short
BloFin ASML-USDT+0.0429%8h1,714.8+0.020%$46K$103K20xas long as short
GRVT ASML_USDT_Perp+0.0643%8h1,714.2−0.016%$789$207K10xas long as short