Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0141%/8h= −15.4% APRpaid last 24h −0.031%

Price spread now: HTX against Phoenix+0.194%7-day average — · you sell dearer than you buy

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

Long on Phoenix Short on HTX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. HTX is 0.194% dearer against Phoenix than usual: you sell high and buy low (spread +0.194% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix ASML	1,706.3	0.0141	pay 0.0018% / 1h	51m 09s	$817	$19K	10x
Short	HTX ASML-USDT	1,709.6	0	get 0.0000% / 8h	2h 51m	$10K	$62K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee PhoenixbpFee HTXbpOrdersPrice spread, now +0.194%Rate

Funding earned: −$29.55
Price spread: +0.194% → 0.000%: $19.4
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: −$29.15
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Phoenix: no order-book sample; HTX: no order-book sample. 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 Phoenix no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Phoenix and HTX: 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
BloFin ASML-USDT	0.0000%	8h	1,710.6	+0.250%	$47K	$91K	20x	as long as short
Aster ASMLUSDT	0.0000%	8h	1,709.8	+0.202%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,708.3	+0.115%	$864K	$135K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,710.5	+0.246%	$726K	$304K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,711	+0.277%	$1.1M	$542K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,710.3	+0.233%	$977K	$526K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,707.5	+0.069%	$324	$176K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,710.9	+0.269%	$1K	$1.1M	10x	as long as short
HTX ASML-USDTshort	0.0000%	8h	1,709.6	+0.194%	$10K	$62K	20x
Extended ASML-USD	+0.0008%	1h	1,711	+0.278%	$5K	$239K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASMLUSDT	+0.0009%	8h	1,711.5	+0.306%	$3.2M	$3.6M	20x	as long as short
Lighter ASML	+0.0032%	1h	1,710.3	+0.234%	$56K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.239%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,709.6	+0.193%	$2.8M	$845K	10x	as long as short
Polymarket Perps ASML-USD	+0.0050%	1h	1,710.6	+0.252%	$67K	$448K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,708.1	+0.103%	$215K	$300K	10x	as long as short
Phoenix ASMLlong	+0.0141%	1h	1,706.3	long leg	$817	$19K	10x