Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter against Bitget+0.056%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 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 0.056% dearer against Bitget than usual: you sell high and buy low: +$6 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	Bitget ASMLUSDT	1,723.9	0	get 0.0000% / 8h	4h 15m	$988K	$514K	20x
Short	Lighter ASML	1,724.9	0.0032	get 0.0004% / 1h	15m 42s	$57K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. 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 BitgetbpFee LighterbpOrdersPrice spread, now +0.056%Rate

Funding earned: $6.72
Price spread: +0.056% → 0.000%: $5.63
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: $0.35
Costs to cover: 0.120%
Break-even: 6.6 days

Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago	0.58 bp	15.3 bp −$15	25.2 bp −$252	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	1,722.7	−0.073%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,722	−0.110%	$871K	$126K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,724.9	+0.056%	$729K	$294K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,723.5	−0.026%	$1.1M	$545K	50x	as long as short
Bitget ASMLUSDTlong	0.0000%	8h	1,723.9	long leg	$988K	$514K	20x
GRVT ASML_USDT_Perp	0.0000%	8h	1,725.1	+0.066%	$328	$180K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,722.3	−0.093%	$1K	$1.1M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,725	+0.060%	$10K	$59K	20x	as long as short
Lighter ASMLshort	+0.0032%	1h	1,724.9	+0.056%	$57K	$3K	10x
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.259%	$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	1,721.8	−0.124%	$2.8M	$830K	10x	as long as short
Phoenix ASML	+0.0093%	1h	1,723.6	−0.019%	$830	$18K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,722.2	−0.103%	$217K	$309K	10x	as long as short
Polymarket Perps ASML-USD	+0.0140%	1h	1,723.9	−0.002%	$68K	$447K	10x	as long as short
BloFin ASML-USDT	+0.0226%	8h	1,724.8	+0.052%	$47K	$92K	20x	as long as short
Binance ASMLUSDT	+0.0237%	8h	1,723.5	−0.027%	$3.3M	$3.5M	20x	as long as short
Extended ASML-USD	+0.0240%	1h	1,722.9	−0.059%	$7K	$341K	10x	as long as short