Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h +0.015%

Price spread now: tradeXYZ against Aster−0.109%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 tradeXYZ

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 · tradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 0.109% cheaper against Aster than usual: you would sell low and buy high (spread −0.109% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 7.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ASMLUSDT	1,706.2	0	get 0.0000% / 8h	1h 39m	$14K	$12K	20x
Short	tradeXYZ xyz:ASML	1,704.3	0.0049	get 0.0006% / 1h	39m 09s	$2.8M	$843K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.109%Rate

Funding earned: $10.36
Price spread: −0.109% → 0.000%: −$10.87
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$26.51
Costs to cover: 0.260%
Break-even: 24.9 days

Slippage unknown: Aster: no order-book sample; tradeXYZ: live order book, 9 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 Aster no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 9 min ago	2.34 bp	14.6 bp −$15	doesn't fit	doesn't fit	doesn't fit

Aster: 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
Aster ASMLUSDTlong	0.0000%	8h	1,706.2	long leg	$14K	$12K	20x
Extended ASML-USD	0.0000%	1h	1,705.7	−0.028%	$8K	$241K	10x	as long as short
Binance ASMLUSDT	0.0000%	8h	1,706.2	+0.001%	$3.2M	$3.7M	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,705.7	−0.030%	$865K	$135K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,706	−0.009%	$723K	$307K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,706.4	+0.013%	$1.1M	$525K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,706	−0.012%	$977K	$539K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,707.4	+0.073%	$359	$174K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,705.4	−0.047%	$1K	$1.1M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,704.2	−0.115%	$10K	$62K	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	+0.0021%	8h	1,706.7	+0.030%	$47K	$91K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,706.7	+0.032%	$56K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.231%	$11K	$37K	12x	as long as short
Phoenix ASML	+0.0047%	1h	1,705.7	−0.027%	$816	$17K	10x	as long as short
tradeXYZ xyz:ASMLshort	+0.0049%	1h	1,704.3	−0.109%	$2.8M	$843K	10x
Polymarket Perps ASML-USD	+0.0050%	1h	1,705.7	−0.027%	$67K	$448K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,705.8	−0.021%	$214K	$295K	10x	as long as short