Settings8H · net · $10k
Funding arb · Price arb /

ASML

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0504%/8h= +55.2% APRpaid last 24h +0.044%
Price spread now: Extended against Gate−0.021%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1201.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.189%+$19 on $10k
Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.021%, 7d avg +0.006%
Together, before fees+0.158%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.027% cheaper against Gate than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.006%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.189% in total) that is about 24 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.189% in total (about 9.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ASML_USDT1,7210get 0.0000% / 8h5h 56m$1.1M$596K50x
ShortExtended ASML-USD1,720.60.0504get 0.0063% / 1h56m 59s$4K$340K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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

Funding earned
$105.84
Price spread: −0.021% → +0.006%
−$2.73
Slippage, 4 orders
−$100.18
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$17.07
Costs to cover
1.202%
Break-even
8.1 days
Slippage from Gate: live order book, 5 min ago; Extended: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago6.65 bp32.5 bp −$3378.1 bp −$781doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago6.71 bp22.1 bp −$22175.1 bp −$1,751doesn't fitdoesn't fit

ASML on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ASMLUSDT0.0000%8h1,720.9−0.004%$14K$12K20xas long as short
Bybit ASMLUSDT0.0000%8h1,719.8−0.068%$870K$126K25xas long as short
OKX ASML-USDT-SWAP0.0000%8h1,721.3+0.017%$728K$294K20xas long as short
Gate ASML_USDTlong0.0000%8h1,721long leg$1.1M$596K50x
Bitget ASMLUSDT0.0000%8h1,720.7−0.019%$984K$537K20xas long as short
GRVT ASML_USDT_Perp0.0000%8h1,720.5−0.028%$310$184K10xas long as short
SunX ASML-USDT0.0000%8h1,720.6−0.027%$996$1.1M10xas long as short
HTX ASML-USDT0.0000%8h1,723.3+0.135%$11K$59K20xas long as short
Lighter ASML+0.0032%1h1,722.2+0.069%$57K$3K10xas long as short
Injective ASML/USDC PERP+0.0033%1h1,702.2−1.092%$11K$37K12xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ASML+0.0046%1h1,720.4−0.035%$825$17K10xas long as short
tradeXYZ xyz:ASML+0.0050%1h1,719.8−0.070%$2.8M$789K10xas long as short
Polymarket Perps ASML-USD+0.0050%1h1,721.4+0.023%$67K$447K10xas long as short
KuCoin ASMLUSDTM+0.0100%8h1,718.6−0.138%$216K$317K10xas long as short
Binance ASMLUSDT+0.0503%8h1,721.1+0.002%$3.3M$3.6M20xas long as short
Extended ASML-USDshort+0.0504%1h1,720.6−0.021%$4K$340K10x