Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter against Bybit−0.006%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.128%+$13 on $10k

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

Together, before fees—+ Points / potential airdropLighter: 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	Bybit ASMLUSDT	1,697	0	get 0.0000% / 8h	35m 45s	$861K	$56K	25x
Short	Lighter ASML	1,696.9	0.0032	get 0.0004% / 1h	35m 45s	$56K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Bybit. 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 BybitbpFee LighterbpOrdersPrice spread, now −0.006%Rate

Funding earned: $6.72
Price spread: −0.006% → 0.000%: −$0.65
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Lighter: 0 bp × 2 orders: $0
Net: −$4.93
Costs to cover: 0.110%
Break-even: 12.1 days

Slippage unknown: Bybit: live order book, 64 min ago; 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 Bybit live order book, 64 min ago	6.53 bp	13.6 bp −$14	130.3 bp −$1,303	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

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
Aster ASMLUSDT	0.0000%	8h	1,697	−0.001%	$14K	$12K	20x	as long as short
Extended ASML-USD	0.0000%	1h	1,695.9	−0.064%	$7K	$256K	10x	as long as short
Binance ASMLUSDT	0.0000%	8h	1,696.4	−0.036%	$3.2M	$3.6M	20x	as long as short
Bybit ASMLUSDTlong	0.0000%	8h	1,697	long leg	$861K	$56K	25x
OKX ASML-USDT-SWAP	0.0000%	8h	1,697.4	+0.023%	$719K	$289K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,695.9	−0.067%	$1.1M	$483K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,695.5	−0.089%	$985K	$460K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,702.2	+0.307%	$306	$168K	10x	as long as short
Phoenix ASML	0.0000%	1h	1,703.5	+0.382%	$815	$17K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,694.3	−0.163%	$1K	$1.0M	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	1,696.2	−0.051%	$10K	$62K	20x	as long as short
BloFin ASML-USDT	+0.0001%	8h	1,698.4	+0.081%	$47K	$90K	20x	as long as short
Lighter ASMLshort	+0.0032%	1h	1,696.9	−0.006%	$56K	$3K	10x
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	+0.307%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,695.2	−0.107%	$2.8M	$855K	10x	as long as short
Polymarket Perps ASML-USD	+0.0050%	1h	1,696	−0.060%	$67K	$448K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,695.5	−0.090%	$213K	$283K	10x	as long as short