Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.097%

Price spread now: GRVT against tradeXYZ+0.066%7-day average +0.110% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$490.493% of the position

Long on tradeXYZ Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.120%+$12 on $10k

Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.066%, 7d avg +0.110%

Together, before fees+0.137%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board+$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GRVT is 0.044% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.110%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.120%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:ASML	1,704.3	0.0050	pay 0.0006% / 1h	23m 36s	$2.8M	$840K	10x
Short	GRVT ASML_USDT_Perp	1,705.4	0	get 0.0000% / 8h	1h 23m	$324	$172K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$10.5
Price spread: +0.066% → +0.110%: −$4.38
Slippage, 4 orders: −$22.32
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$64.2
Costs to cover: 0.493%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 4 min ago; GRVT: live order book, 13 min ago.

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, 4 min ago	2.05 bp	15.5 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 13 min ago	2.81 bp	10.7 bp −$11	doesn't fit	doesn't fit	doesn't fit

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	−0.0001%	8h	1,705.9	+0.094%	$47K	$91K	20x	as long as short
Aster ASMLUSDT	0.0000%	8h	1,705.2	+0.052%	$14K	$12K	20x	as long as short
Extended ASML-USD	0.0000%	1h	1,705.1	+0.046%	$7K	$238K	10x	as long as short
Binance ASMLUSDT	0.0000%	8h	1,705.5	+0.071%	$3.2M	$3.7M	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,704.6	+0.020%	$865K	$108K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,707.4	+0.182%	$724K	$307K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,705.5	+0.071%	$1.1M	$528K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,705.5	+0.069%	$977K	$539K	20x	as long as short
GRVT ASML_USDT_Perpshort	0.0000%	8h	1,705.4	+0.066%	$324	$172K	10x
SunX ASML-USDT	0.0000%	8h	1,704.9	+0.035%	$1K	$1.0M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ASML-USDT	0.0000%	8h	1,704.6	+0.015%	$10K	$62K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,706.6	+0.135%	$56K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.122%	$11K	$37K	12x	as long as short
Phoenix ASML	+0.0047%	1h	1,704.5	+0.012%	$818	$17K	10x	as long as short
tradeXYZ xyz:ASMLlong	+0.0050%	1h	1,704.3	long leg	$2.8M	$840K	10x
Polymarket Perps ASML-USD	+0.0050%	1h	1,705.6	+0.076%	$67K	$448K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,703.5	−0.050%	$215K	$290K	10x	as long as short