Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: tradeXYZ against HTX−0.279%7-day average — · you buy dearer than you sell

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

Long on HTX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.215%+$21 on $10k

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

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 0.279% cheaper against HTX than usual: you would sell low and buy high (spread −0.279% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 19 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.215% in total) that is about 9.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ASML-USDT	1,726	0	get 0.0000% / 8h	5h 49m	$11K	$59K	20x
Short	tradeXYZ xyz:ASML	1,721.2	0.0050	get 0.0006% / 1h	49m 08s	$2.8M	$789K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.279%Rate

Funding earned: $10.5
Price spread: −0.279% → 0.000%: −$27.87
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$47.37
Costs to cover: 0.300%
Break-even: 38.6 days

Slippage unknown: HTX: no order-book sample; tradeXYZ: live order book, 9 min ago. 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 tradeXYZ live order book, 9 min ago	2.03 bp	14.8 bp −$15	doesn't fit	doesn't fit	doesn't fit

HTX: 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 16 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	1,722.5	−0.206%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,721.4	−0.265%	$871K	$126K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,723.9	−0.122%	$729K	$294K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,722.4	−0.208%	$1.1M	$597K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,721.5	−0.264%	$984K	$534K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,722.7	−0.190%	$379	$183K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,721.1	−0.282%	$997	$1.1M	10x	as long as short
HTX ASML-USDTlong	0.0000%	8h	1,726	long leg	$11K	$59K	20x
Lighter ASML	+0.0032%	1h	1,724	−0.116%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.378%	$11K	$37K	12x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ASMLshort	+0.0050%	1h	1,721.2	−0.279%	$2.8M	$789K	10x
Polymarket Perps ASML-USD	+0.0075%	1h	1,722.8	−0.186%	$68K	$447K	10x	as long as short
Phoenix ASML	+0.0093%	1h	1,720.4	−0.325%	$824	$17K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,720.1	−0.340%	$217K	$315K	10x	as long as short
Extended ASML-USD	+0.0472%	1h	1,722.3	−0.216%	$4K	$340K	10x	as long as short
Binance ASMLUSDT	+0.0474%	8h	1,722.6	−0.199%	$3.3M	$3.5M	20x	as long as short