Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0094%/8h= +10.2% APRpaid last 24h +0.032%

Price spread now: Phoenix against HTX+0.066%7-day average — · you sell dearer than you buy

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

Long on HTX Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Phoenix is 0.066% dearer against HTX than usual: you sell high and buy low: +$7 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	HTX ASML-USDT	1,708.7	0	get 0.0000% / 8h	5h 06m	$10K	$49K	20x
Short	Phoenix ASML	1,709.8	0.0094	get 0.0012% / 1h	6m 57s	$818	$18K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against HTX. 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 HTXbpFee PhoenixbpOrdersPrice spread, now +0.066%Rate

Funding earned: $19.65
Price spread: +0.066% → 0.000%: $6.55
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $7.2
Costs to cover: 0.190%
Break-even: 4.4 days

Slippage unknown: HTX: no order-book sample; Phoenix: 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 HTX no order-book sample	—	—	—	—	—
Sell Phoenix no order-book sample	—	—	—	—	—

HTX and Phoenix: 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 ASMLUSDT	0.0000%	8h	1,709.8	+0.068%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,710.3	+0.095%	$868K	$62K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,711.5	+0.165%	$722K	$274K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,711.7	+0.178%	$1.1M	$471K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,710.6	+0.109%	$1.0M	$470K	20x	as long as short
SunX ASML-USDT	0.0000%	8h	1,710.3	+0.092%	$759	$808K	10x	as long as short
HTX ASML-USDTlong	0.0000%	8h	1,708.7	long leg	$10K	$49K	20x
Lighter ASML	+0.0032%	1h	1,714.2	+0.323%	$56K	$206	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.378%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,710.5	+0.107%	$2.8M	$647K	10x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ASML-USD	+0.0050%	1h	1,711.2	+0.147%	$67K	$243K	10x	as long as short
Phoenix ASMLshort	+0.0094%	1h	1,709.8	+0.066%	$818	$18K	10x
KuCoin ASMLUSDTM	+0.0100%	8h	1,709.3	+0.037%	$215K	$443K	10x	as long as short
Binance ASMLUSDT	+0.0320%	8h	1,711.2	+0.147%	$3.2M	$3.6M	20x	as long as short
Extended ASML-USD	+0.0320%	1h	1,710.8	+0.122%	$5K	$256K	10x	as long as short
BloFin ASML-USDT	+0.0322%	8h	1,710.5	+0.108%	$48K	$90K	20x	as long as short
GRVT ASML_USDT_Perp	+0.0946%	8h	1,710.5	+0.109%	$1K	$151K	10x	as long as short