Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.010%

Price spread now: Injective against Aster−0.411%107s7-day average — · you buy dearer than you sell

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

Long on Aster Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Injective is 0.411% cheaper against Aster than usual: you would sell low and buy high (spread −0.411% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$41 on $10k: about 41 days of funding at the current rate (+$1 a day). The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ASMLUSDT	1,709.3	0	get 0.0000% / 8h	5h 53m	$14K	$12K	20x
Short	Injective ASML/USDC PERP	1,702.2	0.0033	get 0.0004% / 1h	53m 30s	$11K	$37K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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 AsterbpFee InjectivebpOrdersPrice spread, now −0.411%Rate

Funding earned: $7
Price spread: −0.411% → 0.000%: −$41.14
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$42.16
Costs to cover: 0.080%
Break-even: 49.2 days

Slippage unknown: Aster: no order-book sample; Injective: 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 Aster no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Aster and Injective: 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 exchanges

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 ASMLUSDTlong	0.0000%	8h	1,709.3	long leg	$14K	$12K	20x
Bybit ASMLUSDT	0.0000%	8h	1,709.7	+0.028%	$868K	$62K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,711.8	+0.149%	$717K	$260K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,711	+0.102%	$1.1M	$462K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,710.1	+0.050%	$1.0M	$498K	20x	as long as short
SunX ASML-USDT	0.0000%	8h	1,709.4	+0.007%	$846	$830K	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,709.5	+0.014%	$10K	$49K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,713.5	+0.249%	$56K	$206	10x	as long as short
Injective ASML/USDC PERPshort	+0.0033%	1h	1,702.2	−0.411%	$11K	$37K	12x
Phoenix ASML	+0.0047%	1h	1,709.7	+0.026%	$818	$18K	10x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ASML	+0.0050%	1h	1,709.2	−0.003%	$2.8M	$730K	10x	as long as short
Polymarket Perps ASML-USD	+0.0050%	1h	1,710.9	+0.096%	$68K	$281K	10x	as long as short
BloFin ASML-USDT	+0.0063%	8h	1,712.1	+0.167%	$47K	$90K	20x	as long as short
Extended ASML-USD	+0.0064%	1h	1,711.1	+0.109%	$7K	$262K	10x	as long as short
Binance ASMLUSDT	+0.0066%	8h	1,711.6	+0.137%	$3.2M	$3.6M	20x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,709.1	−0.010%	$216K	$404K	10x	as long as short
GRVT ASML_USDT_Perp	+0.0562%	8h	1,710.9	+0.094%	$359	$152K	10x	as long as short