Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: SunX against tradeXYZ−0.021%7-day average +0.052% · you buy dearer than you sell

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

Long on tradeXYZ Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.215%−$21 on $10k

Price spread, last 4 days (all we have)−0.445%−$45 · spread now −0.021%, 7d avg +0.052%

Together, before fees−0.660%+ Points / potential airdroptradeXYZ: Active · farm board−$66 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 SunX is 0.073% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.052%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:ASML	1,721.8	0.0050	pay 0.0006% / 1h	22m 55s	$2.8M	$784K	10x
Short	SunX ASML-USDT	1,721.4	0	get 0.0000% / 8h	5h 22m	$1K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$10.5
Price spread: −0.021% → +0.052%: −$7.3
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee SunX: 4 bp × 2 orders: −$8
Net: −$43.8
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 4 min ago; SunX: live order book, 10 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 tradeXYZ live order book, 4 min ago	2.03 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	500.04 bp	doesn't fit	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	1,722.7	+0.054%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,722.4	+0.034%	$871K	$126K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,722.9	+0.064%	$728K	$298K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,722.7	+0.051%	$1.1M	$600K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,722.3	+0.030%	$984K	$535K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,723	+0.071%	$327	$181K	10x	as long as short
SunX ASML-USDTshort	0.0000%	8h	1,721.4	−0.021%	$1K	$1.1M	10x
HTX ASML-USDT	0.0000%	8h	1,723.1	+0.077%	$10K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,724.2	+0.139%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.137%	$11K	$37K	12x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ASMLlong	+0.0050%	1h	1,721.8	long leg	$2.8M	$784K	10x
Polymarket Perps ASML-USD	+0.0068%	1h	1,722.8	+0.058%	$68K	$447K	10x	as long as short
Phoenix ASML	+0.0093%	1h	1,722.1	+0.017%	$827	$17K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,720.8	−0.060%	$217K	$318K	10x	as long as short
BloFin ASML-USDT	+0.0378%	8h	1,723.1	+0.073%	$47K	$102K	20x	as long as short
Binance ASMLUSDT	+0.0383%	8h	1,723.1	+0.078%	$3.3M	$3.5M	20x	as long as short
Extended ASML-USD	+0.0384%	1h	1,722.7	+0.051%	$7K	$339K	10x	as long as short