Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Bybit+0.170%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$800.803% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 4 days (all we have)−0.095%−$10 · spread now +0.170%, 7d avg +0.054%

Together, before fees−0.082%−$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.116% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASMLUSDT	1,704.4	0	get 0.0000% / 8h	53m 43s	$865K	$57K	25x
Short	OKX ASML-USDT-SWAP	1,707.3	0	get 0.0000% / 8h	53m 43s	$723K	$294K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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 BybitbpFee OKXbpOrdersPrice spread, now +0.170%Rate

Funding earned: $0
Price spread: +0.170% → +0.054%: $11.57
Slippage, 4 orders: −$59.27
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$68.7
Costs to cover: 0.803%
Break-even: never at this rate

Slippage from Bybit: live order book, 46 min ago; OKX: live order book, 47 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 Bybit live order book, 46 min ago	6.53 bp	13.6 bp −$14	130.3 bp −$1,303	doesn't fit	doesn't fit
Sell OKX live order book, 47 min ago	4.98 bp	23.1 bp −$23	173.7 bp −$1,737	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
Aster ASMLUSDT	0.0000%	8h	1,703.2	−0.070%	$14K	$12K	20x	as long as short
Extended ASML-USD	0.0000%	1h	1,704.3	−0.008%	$7K	$238K	10x	as long as short
Binance ASMLUSDT	0.0000%	8h	1,705.5	+0.064%	$3.2M	$3.6M	20x	as long as short
Bybit ASMLUSDTlong	0.0000%	8h	1,704.4	long leg	$865K	$57K	25x
OKX ASML-USDT-SWAPshort	0.0000%	8h	1,707.3	+0.170%	$723K	$294K	20x
Gate ASML_USDT	0.0000%	8h	1,706.4	+0.117%	$1.1M	$480K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,706.2	+0.106%	$977K	$467K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,707.6	+0.185%	$307	$170K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,704.7	+0.018%	$992	$1.0M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,704.5	+0.003%	$10K	$62K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ASML-USDT	+0.0019%	8h	1,707.2	+0.163%	$47K	$90K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,705.7	+0.076%	$56K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.128%	$11K	$37K	12x	as long as short
Phoenix ASML	+0.0047%	1h	1,705.4	+0.058%	$819	$17K	10x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,704.3	−0.006%	$2.8M	$860K	10x	as long as short
Polymarket Perps ASML-USD	+0.0050%	1h	1,706.1	+0.099%	$67K	$448K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,702.9	−0.092%	$215K	$283K	10x	as long as short