Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: OKX against tradeXYZ+0.190%7-day average +0.100% · you sell dearer than you buy

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$780.780% of the position

Long on tradeXYZ Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.189%−$19 on $10k

Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.190%, 7d avg +0.100%

Together, before fees−0.282%+ Points / potential airdroptradeXYZ: Active · farm board−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.090% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.190% now, against its 7-day average of +0.100%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:ASML	1,682.7	0.0050	pay 0.0006% / 1h	34m 09s	$2.7M	$787K	10x
Short	OKX ASML-USDT-SWAP	1,685.9	0	get 0.0000% / 8h	7h 34m	$710K	$246K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.190%Rate

Funding earned: −$10.5
Price spread: +0.190% → +0.100%: $9.05
Slippage, 4 orders: −$50.01
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee OKX: 5 bp × 2 orders: −$10
Net: −$79.46
Costs to cover: 0.780%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 3 min ago; OKX: live order book, 62 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, 3 min ago	0.89 bp	14.2 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 62 min ago	2.95 bp	28.1 bp −$28	doesn't fit	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	1,685.6	+0.170%	$14K	$12K	20x	as long as short
Extended ASML-USD	0.0000%	1h	1,685.4	+0.163%	$8K	$256K	10x	as long as short
Binance ASMLUSDT	0.0000%	8h	1,685.5	+0.167%	$3.2M	$3.5M	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,684.3	+0.093%	$858K	$59K	25x	as long as short
OKX ASML-USDT-SWAPshort	0.0000%	8h	1,685.9	+0.190%	$710K	$246K	20x
Gate ASML_USDT	0.0000%	8h	1,685.5	+0.167%	$1.1M	$469K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,684.8	+0.127%	$989K	$452K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,687.6	+0.290%	$304	$159K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,684.2	+0.091%	$22	$954K	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,683.3	+0.034%	$10K	$63K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ASML-USDT	+0.0010%	8h	1,687	+0.258%	$47K	$89K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,686.5	+0.226%	$56K	$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	1,682.7	long leg	$2.7M	$787K	10x
Polymarket Perps ASML-USD	+0.0050%	1h	1,682.9	+0.012%	$66K	$404K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,684.2	+0.092%	$213K	$313K	10x	as long as short
Phoenix ASML	+0.0142%	1h	1,685.2	+0.149%	$810	$17K	10x	as long as short