Settings8H · net · $10k
Funding arb · Price arb /

ASML

RWAall ASML markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0795%/8h= +87.1% APRpaid last 24h +0.079%
Price spread now: Binance against Lighter+0.057%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.069%+$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Binance is 0.057% dearer against Lighter than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.069% in total (about 3.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ASML1,721.70.0032pay 0.0004% / 1h50m 22s$57K$3K10x
ShortBinance ASMLUSDT1,722.70.0827get 0.0827% / 8h7h 50m$3.6M$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Lighter. 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

Funding earned
$167.04
Price spread: +0.057% → 0.000%
$5.68
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$162.72
Costs to cover
0.100%
Break-even
0.2 days
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Binance live order book, 1 min ago0.58 bp5.6 bp −$633.6 bp −$336doesn't fitdoesn't fit
Lighter: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ASMLUSDT0.0000%8h1,721.3−0.023%$14K$12K20xas long as short
Bybit ASMLUSDT0.0000%8h1,720.5−0.070%$883K$126K25xas long as short
OKX ASML-USDT-SWAP0.0000%8h1,723.3+0.093%$728K$315K20xas long as short
Gate ASML_USDT0.0000%8h1,721.5−0.012%$1.1M$684K50xas long as short
Bitget ASMLUSDT0.0000%8h1,718.9−0.161%$1.0M$498K20xas long as short
GRVT ASML_USDT_Perp0.0000%8h1,720.1−0.095%$344$198K10xas long as short
SunX ASML-USDT0.0000%8h1,722.1+0.025%$1K$1.2M10xas long as short
HTX ASML-USDT0.0000%8h1,723.4+0.097%$11K$59K20xas long as short
Lighter ASMLlong+0.0032%1h1,721.7long leg$57K$3K10x
Injective ASML/USDC PERP+0.0033%1h1,702.2−1.131%$11K$37K12xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ASML+0.0050%1h1,721.6−0.006%$2.8M$804K10xas long as short
KuCoin ASMLUSDTM+0.0100%8h1,719.1−0.152%$216K$331K10xas long as short
Polymarket Perps ASML-USD+0.0102%1h1,723.4+0.099%$69K$446K10xas long as short
Phoenix ASML+0.0140%1h1,720.8−0.052%$826$19K10xas long as short
Extended ASML-USD+0.0824%1h1,722.5+0.046%$6K$243K10xas long as short
Binance ASMLUSDTshort+0.0827%8h1,722.7+0.057%$3.6M$3.1M20x
BloFin ASML-USDT+0.0838%8h1,720.8−0.051%$46K$101K20xas long as short