Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter against Aster−0.014%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds 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	Aster ASMLUSDT	1,705.1	0	get 0.0000% / 8h	2h 27m	$14K	$12K	20x
Short	Lighter ASML	1,704.9	0.0032	get 0.0004% / 1h	27m 38s	$56K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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 AsterbpFee LighterbpOrdersPrice spread, now −0.014%Rate

Funding earned: $6.72
Price spread: −0.014% → 0.000%: −$1.39
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$2.67
Costs to cover: 0.080%
Break-even: 9.8 days

Slippage unknown: Aster: no order-book sample; Lighter: no order-book sample. 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 Aster no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

Aster and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ASML-USDT	−0.0013%	8h	1,707.1	+0.115%	$47K	$91K	20x	as long as short
Aster ASMLUSDTlong	0.0000%	8h	1,705.1	long leg	$14K	$12K	20x
Extended ASML-USD	0.0000%	1h	1,704.8	−0.022%	$5K	$239K	10x	as long as short
Binance ASMLUSDT	0.0000%	8h	1,705.2	+0.002%	$3.2M	$3.7M	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,704.7	−0.027%	$864K	$136K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,704	−0.067%	$723K	$303K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,704	−0.067%	$1.1M	$548K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,707.5	+0.138%	$981K	$531K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,708	+0.169%	$307	$175K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,707.2	+0.123%	$1K	$1.1M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ASML-USDT	0.0000%	8h	1,703.7	−0.082%	$10K	$62K	20x	as long as short
Lighter ASMLshort	+0.0032%	1h	1,704.9	−0.014%	$56K	$3K	10x
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.171%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,702.6	−0.149%	$2.8M	$830K	10x	as long as short
Polymarket Perps ASML-USD	+0.0050%	1h	1,704.6	−0.032%	$67K	$448K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,702.8	−0.135%	$215K	$296K	10x	as long as short
Phoenix ASML	+0.0141%	1h	1,705.5	+0.021%	$819	$19K	10x	as long as short