Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%

Price spread now: Aster against Injective+0.702%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.702% dearer against Injective than usual: you sell high and buy low (spread +0.702% now, against zero (this spread has no 7-day history yet)): +$70 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ASML/USDC PERP	1,702.2	0.0033	pay 0.0004% / 1h	21m 19s	$11K	$37K	12x
Short	Aster ASMLUSDT	1,714.2	0	get 0.0000% / 8h	21m 19s	$14K	$12K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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 InjectivebpFee AsterbpOrdersPrice spread, now +0.702%Rate

Funding earned: −$7
Price spread: +0.702% → 0.000%: $70.23
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aster: 4 bp × 2 orders: −$8
Net: $55.21
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Aster: 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 Injective no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Injective and Aster: 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 ASMLUSDTshort	0.0000%	8h	1,714.2	+0.702%	$14K	$12K	20x
Bybit ASMLUSDT	0.0000%	8h	1,714.1	+0.695%	$879K	$126K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,715	+0.751%	$723K	$308K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,716.1	+0.817%	$1.1M	$693K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,715.8	+0.795%	$1.0M	$504K	20x	as long as short
SunX ASML-USDT	0.0000%	8h	1,715	+0.749%	$1K	$1.2M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,717.2	+0.880%	$10K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,718.9	+0.980%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERPlong	+0.0033%	1h	1,702.2	long leg	$11K	$37K	12x
tradeXYZ xyz:ASML	+0.0050%	1h	1,714	+0.692%	$2.8M	$798K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ASMLUSDTM	+0.0100%	8h	1,714.3	+0.708%	$214K	$322K	10x	as long as short
Phoenix ASML	+0.0140%	1h	1,713.4	+0.657%	$820	$19K	10x	as long as short
Polymarket Perps ASML-USD	+0.0221%	1h	1,716	+0.810%	$88K	$427K	10x	as long as short
Binance ASMLUSDT	+0.0788%	8h	1,715.9	+0.805%	$3.5M	$3.1M	20x	as long as short
Extended ASML-USD	+0.0792%	1h	1,715.7	+0.791%	$4K	$237K	10x	as long as short
BloFin ASML-USDT	+0.0804%	8h	1,715.8	+0.795%	$46K	$100K	20x	as long as short
GRVT ASML_USDT_Perp	+0.0897%	8h	1,715.9	+0.802%	$498	$200K	10x	as long as short