Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Gate against tradeXYZ−0.044%7-day average +0.097% · you buy dearer than you sell

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$710.710% of the position

Long on tradeXYZ Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.220%−$22 on $10k

Price spread, last 7 days+0.097%+$10 · spread now −0.044%, 7d avg +0.097%

Together, before fees−0.123%+ Points / potential airdroptradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.140% cheaper against tradeXYZ than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.097%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:ASML	1,722.2	0.0050	pay 0.0006% / 1h	45m 15s	$2.8M	$790K	10x
Short	Gate ASML_USDT	1,721.5	0	get 0.0000% / 8h	7h 45m	$1.1M	$687K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against tradeXYZ. 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 tradeXYZbpFee GatebpOrdersPrice spread, now −0.044%Rate

Funding earned: −$10.5
Price spread: −0.044% → +0.097%: −$14.04
Slippage, 4 orders: −$38
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$95.55
Costs to cover: 0.710%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 2 min ago; Gate: live order book, 2 min ago.

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 tradeXYZ live order book, 2 min ago	2.03 bp	14.3 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	7.87 bp	16.3 bp −$16	66.1 bp −$661	doesn't fit	doesn't fit

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	1,721.2	−0.059%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,722.5	+0.016%	$885K	$127K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,723.6	+0.081%	$728K	$312K	20x	as long as short
Gate ASML_USDTshort	0.0000%	8h	1,721.5	−0.044%	$1.1M	$687K	50x
Bitget ASMLUSDT	0.0000%	8h	1,722	−0.012%	$1.0M	$501K	20x	as long as short
SunX ASML-USDT	0.0000%	8h	1,722.2	−0.003%	$1K	$1.2M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,724.3	+0.121%	$11K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,723.9	+0.099%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.160%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASMLlong	+0.0050%	1h	1,722.2	long leg	$2.8M	$790K	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ASMLUSDTM	+0.0100%	8h	1,721	−0.069%	$217K	$330K	10x	as long as short
Phoenix ASML	+0.0140%	1h	1,721.8	−0.023%	$828	$19K	10x	as long as short
Polymarket Perps ASML-USD	+0.0156%	1h	1,723.2	+0.058%	$69K	$446K	10x	as long as short
GRVT ASML_USDT_Perp	+0.0162%	8h	1,723	+0.044%	$345	$198K	10x	as long as short
BloFin ASML-USDT	+0.0840%	8h	1,722.8	+0.033%	$46K	$101K	20x	as long as short
Extended ASML-USD	+0.0840%	1h	1,722.4	+0.013%	$8K	$262K	10x	as long as short
Binance ASMLUSDT	+0.0843%	8h	1,722.8	+0.034%	$3.6M	$3.1M	20x	as long as short