Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.078%

Price spread now: Binance against Injective+0.573%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 Binance

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—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.573% dearer against Injective than usual: you sell high and buy low: +$57 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	Injective ASML/USDC PERP	1,702.2	0.0033	pay 0.0004% / 1h	21m 23s	$11K	$37K	12x
Short	Binance ASMLUSDT	1,712	0.0074	get 0.0074% / 8h	3h 21m	$3.3M	$3.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.573%Rate

Funding earned: $8.46
Price spread: +0.573% → 0.000%: $57.32
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Binance: 5 bp × 2 orders: −$10
Net: $55.76
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Binance: live order book, 15 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 Injective no order-book sample	—	—	—	—	—
Sell Binance live order book, 15 min ago	1.78 bp	9.8 bp −$10	46.7 bp −$467	doesn't fit	doesn't fit

Injective: 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 ASMLUSDT	0.0000%	8h	1,710.3	+0.473%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,711.1	+0.520%	$865K	$133K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,714.1	+0.698%	$726K	$306K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,711.5	+0.546%	$1.1M	$544K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,711.9	+0.567%	$982K	$515K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,713.9	+0.683%	$326	$177K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,711.1	+0.520%	$1K	$1.1M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,708.9	+0.391%	$10K	$62K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,713	+0.633%	$56K	$3K	10x	as long as short
Injective ASML/USDC PERPlong	+0.0033%	1h	1,702.2	long leg	$11K	$37K	12x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ASML	+0.0050%	1h	1,711.1	+0.522%	$2.8M	$847K	10x	as long as short
Polymarket Perps ASML-USD	+0.0050%	1h	1,712.2	+0.586%	$67K	$447K	10x	as long as short
Extended ASML-USD	+0.0072%	1h	1,711.5	+0.548%	$5K	$225K	10x	as long as short
Binance ASMLUSDTshort	+0.0074%	8h	1,712	+0.573%	$3.3M	$3.5M	20x
BloFin ASML-USDT	+0.0097%	8h	1,713.8	+0.680%	$47K	$91K	20x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,710.6	+0.493%	$215K	$307K	10x	as long as short
Phoenix ASML	+0.0140%	1h	1,711.4	+0.539%	$823	$19K	10x	as long as short