Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0047%/8h= −5.2% APRpaid last 24h −0.033%

Price spread now: Bitget against Phoenix+0.018%7-day average — · you sell dearer than you buy

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

Long on Phoenix Short on Bitget

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix ASML	1,709.7	0.0047	pay 0.0006% / 1h	55m 08s	$818	$18K	10x
Short	Bitget ASMLUSDT	1,710	0	get 0.0000% / 8h	5h 55m	$1.0M	$498K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Phoenix. 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 PhoenixbpFee BitgetbpOrdersPrice spread, now +0.018%Rate

Funding earned: −$9.89
Price spread: +0.018% → 0.000%: $1.81
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$27.08
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; Bitget: live order book, 4 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 Phoenix no order-book sample	—	—	—	—	—
Sell Bitget live order book, 4 min ago	1.72 bp	17.0 bp −$17	35.4 bp −$354	doesn't fit	doesn't fit

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	1,709.1	−0.037%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,709.4	−0.020%	$868K	$62K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,711.8	+0.123%	$717K	$260K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,710.9	+0.068%	$1.1M	$462K	50x	as long as short
Bitget ASMLUSDTshort	0.0000%	8h	1,710	+0.018%	$1.0M	$498K	20x
SunX ASML-USDT	0.0000%	8h	1,709.4	−0.019%	$846	$830K	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,709.5	−0.012%	$10K	$49K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,713.4	+0.216%	$56K	$206	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.438%	$11K	$37K	12x	as long as short
Phoenix ASMLlong	+0.0047%	1h	1,709.7	long leg	$818	$18K	10x

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ASML	+0.0050%	1h	1,709	−0.041%	$2.8M	$730K	10x	as long as short
Polymarket Perps ASML-USD	+0.0050%	1h	1,710.9	+0.070%	$68K	$281K	10x	as long as short
Extended ASML-USD	+0.0056%	1h	1,710.6	+0.051%	$7K	$262K	10x	as long as short
Binance ASMLUSDT	+0.0058%	8h	1,711	+0.074%	$3.2M	$3.6M	20x	as long as short
BloFin ASML-USDT	+0.0063%	8h	1,712.1	+0.140%	$47K	$90K	20x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,709.3	−0.025%	$215K	$403K	10x	as long as short
GRVT ASML_USDT_Perp	+0.0541%	8h	1,710.1	+0.026%	$359	$152K	10x	as long as short