Funding you earn now, next payment 08:00 UTC+0.0511%/8h= +56.0% APRnext payment +$5.11 per $10,000 · paid last 24h +0.088%
Price spread now: Binance against Gate+0.007%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1091.088% of the position
Funding, last 7 days+0.198%+$20 on $10k
+Price spread, last 2 days (all we have)+0.026%+$3 · spread now +0.007%, 7d avg +0.037%
=Funding pays, the price is against you. Binance is 0.030% cheaper against Gate than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.037%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.198% in total) that is about 25 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.198% in total (about 10.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ASML_USDT | 1,720.8 | 0 | get 0.0000% / 8h | 5h 59m | $1.1M | $595K | 50x |
| Short | Binance ASMLUSDT | 1,720.9 | 0.0511 | get 0.0511% / 8h | 5h 59m | $3.3M | $3.6M | 20x |
Gate ASML_USDT
Binance ASMLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $107.31
- Price spread: +0.007% → +0.037%
- −$3
- Slippage, 4 orders
- −$83.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$4.47
- Costs to cover
- 1.088%
- Break-even
- 7.3 days
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 7 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 Gate live order book, 3 min ago | 6.65 bp | 32.5 bp −$33 | 78.1 bp −$781 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.87 bp | 15.3 bp −$15 | 53.3 bp −$533 | doesn't fit | doesn't fit |
ASML on 16 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 | 1,719.7 | −0.060% | $14K | $12K | 20x | as long as short |
| Bybit ASMLUSDT | 0.0000% | 8h | 1,720.5 | −0.016% | $871K | $127K | 25x | as long as short |
| OKX ASML-USDT-SWAP | 0.0000% | 8h | 1,721.3 | +0.031% | $728K | $296K | 20x | as long as short |
| Gate ASML_USDTlong | 0.0000% | 8h | 1,720.8 | long leg | $1.1M | $595K | 50x | |
| Bitget ASMLUSDT | 0.0000% | 8h | 1,720.5 | −0.017% | $984K | $537K | 20x | as long as short |
| GRVT ASML_USDT_Perp | 0.0000% | 8h | 1,721.9 | +0.063% | $310 | $184K | 10x | as long as short |
| SunX ASML-USDT | 0.0000% | 8h | 1,719.2 | −0.088% | $915 | $1.1M | 10x | as long as short |
| HTX ASML-USDT | 0.0000% | 8h | 1,719.9 | −0.048% | $11K | $59K | 20x | as long as short |
| Lighter ASML | +0.0032% | 1h | 1,722 | +0.072% | $57K | $3K | 10x | as long as short |
| Injective ASML/USDC PERP | +0.0033% | 1h | 1,702.2 | −1.077% | $11K | $37K | 12x | as long as short |
Aster ASMLUSDT
Bybit ASMLUSDT
OKX ASML-USDT-SWAP
Bitget ASMLUSDT
GRVT ASML_USDT_Perp
SunX ASML-USDT
HTX ASML-USDT
Lighter ASML
Injective ASML/USDC PERPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ASML | +0.0046% | 1h | 1,722 | +0.072% | $826 | $17K | 10x | as long as short |
| tradeXYZ xyz:ASML | +0.0050% | 1h | 1,720 | −0.044% | $2.8M | $789K | 10x | as long as short |
| Polymarket Perps ASML-USD | +0.0050% | 1h | 1,720.4 | −0.021% | $67K | $447K | 10x | as long as short |
| KuCoin ASMLUSDTM | +0.0100% | 8h | 1,719.2 | −0.089% | $216K | $318K | 10x | as long as short |
| Binance ASMLUSDTshort | +0.0511% | 8h | 1,720.9 | +0.007% | $3.3M | $3.6M | 20x | |
| Extended ASML-USD | +0.0512% | 1h | 1,720.3 | −0.024% | $4K | $340K | 10x | as long as short |
Phoenix ASML
tradeXYZ xyz:ASML
Polymarket Perps ASML-USD
KuCoin ASMLUSDTM
Extended ASML-USD