Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: tradeXYZ against Bybit−0.067%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

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

costs, in and out, $10k−$660.665% of the position

Long on Bybit Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.202%+$20 on $10k

Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.067%, 7d avg −0.046%

Together, before fees+0.251%+ Points / potential airdroptradeXYZ: Active · farm board+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.021% cheaper against Bybit than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.046%). If the spread goes back, that is −$2 on $10k: about 34 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASMLUSDT	1,693.6	0	get 0.0000% / 8h	4m 21s	$860K	$56K	25x
Short	tradeXYZ xyz:ASML	1,692.5	0.0050	get 0.0006% / 1h	4m 21s	$2.8M	$851K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.067%Rate

Funding earned: $10.5
Price spread: −0.067% → −0.046%: −$2.11
Slippage, 4 orders: −$37.47
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$58.08
Costs to cover: 0.665%
Break-even: 45.7 days

Slippage from Bybit: live order book, 31 min ago; tradeXYZ: live order book, 4 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, 31 min ago	9.87 bp	19.4 bp −$19	128.0 bp −$1,280	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 4 min ago	1.18 bp	13.0 bp −$13	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
Aster ASMLUSDT	0.0000%	8h	1,695	+0.081%	$14K	$12K	20x	as long as short
Extended ASML-USD	0.0000%	1h	1,694.9	+0.072%	$4K	$254K	10x	as long as short
Binance ASMLUSDT	0.0000%	8h	1,695.3	+0.096%	$3.2M	$3.6M	20x	as long as short
Bybit ASMLUSDTlong	0.0000%	8h	1,693.6	long leg	$860K	$56K	25x
OKX ASML-USDT-SWAP	0.0000%	8h	1,695.5	+0.110%	$713K	$240K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,693.8	+0.011%	$1.1M	$493K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,694.3	+0.038%	$991K	$469K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,695.2	+0.089%	$339	$164K	10x	as long as short
Phoenix ASML	0.0000%	1h	1,693.7	+0.004%	$810	$17K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,693.7	+0.004%	—	$996K	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	1,694.7	+0.061%	$10K	$62K	20x	as long as short
BloFin ASML-USDT	+0.0001%	8h	1,696.5	+0.169%	$47K	$90K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,695.2	+0.092%	$56K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	+0.507%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASMLshort	+0.0050%	1h	1,692.5	−0.067%	$2.8M	$851K	10x
Polymarket Perps ASML-USD	+0.0050%	1h	1,694.3	+0.039%	$66K	$448K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,693.1	−0.034%	$213K	$288K	10x	as long as short