Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Aster against tradeXYZ+0.045%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Aster

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—+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.045% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:ASML	1,721.8	0.0050	pay 0.0006% / 1h	42m 00s	$2.8M	$764K	10x
Short	Aster ASMLUSDT	1,722.6	0	get 0.0000% / 8h	6h 42m	$14K	$12K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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 tradeXYZbpFee AsterbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$10.5
Price spread: +0.045% → 0.000%: $4.52
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aster: 4 bp × 2 orders: −$8
Net: −$31.98
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 5 min ago; Aster: 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 tradeXYZ live order book, 5 min ago	2.61 bp	15.3 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 ASMLUSDTshort	0.0000%	8h	1,722.6	+0.045%	$14K	$12K	20x
Bybit ASMLUSDT	0.0000%	8h	1,721.5	−0.016%	$884K	$120K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,723.6	+0.105%	$727K	$302K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,722.5	+0.038%	$1.1M	$666K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,722.9	+0.063%	$1.0M	$498K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,724.2	+0.139%	$293	$188K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,722.3	+0.027%	$729	$1.2M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,726	+0.246%	$11K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,724.5	+0.157%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.137%	$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
Phoenix ASML	+0.0046%	1h	1,723.5	+0.099%	$827	$19K	10x	as long as short
tradeXYZ xyz:ASMLlong	+0.0050%	1h	1,721.8	long leg	$2.8M	$764K	10x
Polymarket Perps ASML-USD	+0.0050%	1h	1,722.6	+0.046%	$69K	$446K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,722	+0.013%	$217K	$320K	10x	as long as short
Binance ASMLUSDT	+0.0663%	8h	1,722.8	+0.059%	$3.5M	$3.2M	20x	as long as short
Extended ASML-USD	+0.0664%	1h	1,722.4	+0.034%	$6K	$342K	10x	as long as short
BloFin ASML-USDT	+0.0715%	8h	1,725.1	+0.192%	$47K	$101K	20x	as long as short