Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter against SunX+0.161%7-day average — · you sell dearer than you buy

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

Long on SunX Short on Lighter

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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.161% dearer against SunX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ASML-USDT	1,718.8	0	get 0.0000% / 8h	3h 55m	$1K	$1.1M	10x
Short	Lighter ASML	1,721.6	0.0032	get 0.0004% / 1h	55m 40s	$57K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against SunX. 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 SunXbpFee LighterbpOrdersPrice spread, now +0.161%Rate

Funding earned: $6.72
Price spread: +0.161% → 0.000%: $16.06
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $14.78
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: SunX: live order book, 7 min ago; Lighter: 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 SunX live order book, 7 min ago	500.03 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

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	1,719.6	+0.042%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,719.4	+0.031%	$871K	$127K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,720.4	+0.091%	$728K	$291K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,720.2	+0.078%	$1.1M	$539K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,720.4	+0.092%	$986K	$514K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,720.6	+0.099%	$310	$179K	10x	as long as short
SunX ASML-USDTlong	0.0000%	8h	1,718.8	long leg	$1K	$1.1M	10x
HTX ASML-USDT	0.0000%	8h	1,718.3	−0.031%	$11K	$59K	20x	as long as short
Lighter ASMLshort	+0.0032%	1h	1,721.6	+0.161%	$57K	$3K	10x
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.967%	$11K	$37K	12x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ASML	+0.0050%	1h	1,718.2	−0.037%	$2.8M	$835K	10x	as long as short
Polymarket Perps ASML-USD	+0.0050%	1h	1,719.5	+0.038%	$67K	$447K	10x	as long as short
Phoenix ASML	+0.0093%	1h	1,719.9	+0.062%	$823	$19K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,719	+0.009%	$216K	$305K	10x	as long as short
Binance ASMLUSDT	+0.0174%	8h	1,719.9	+0.064%	$3.3M	$3.5M	20x	as long as short
Extended ASML-USD	+0.0176%	1h	1,719.5	+0.039%	$4K	$338K	10x	as long as short
BloFin ASML-USDT	+0.0197%	8h	1,720.7	+0.108%	$47K	$91K	20x	as long as short