Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: tradeXYZ against KuCoin−0.068%7-day average +0.001% · you buy dearer than you sell

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

Long on KuCoin Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 4 days (all we have)+0.232%+$23 · spread now −0.068%, 7d avg +0.001%

Together, before fees+0.255%+ Points / potential airdroptradeXYZ: Active · farm board+$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.069% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.001%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ASMLUSDTM	1,684.2	0.0100	pay 0.0100% / 8h	7h 34m	$213K	$313K	10x
Short	tradeXYZ xyz:ASML	1,683.1	0.0050	get 0.0006% / 1h	34m 01s	$2.8M	$789K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against KuCoin. 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 KuCoinbpFee tradeXYZbpOrdersPrice spread, now −0.068%Rate

Funding earned: −$10.5
Price spread: −0.068% → +0.001%: −$6.9
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$47.4
Costs to cover: 0.300%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 58 min ago; tradeXYZ: live order book, 3 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 KuCoin live order book, 58 min ago	11.35 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.89 bp	11.1 bp −$11	24.8 bp −$248	doesn't fit	doesn't fit

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	1,685.3	+0.063%	$14K	$12K	20x	as long as short
Extended ASML-USD	0.0000%	1h	1,684.8	+0.034%	$8K	$256K	10x	as long as short
Binance ASMLUSDT	0.0000%	8h	1,685.3	+0.064%	$3.2M	$3.5M	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,683.6	−0.038%	$858K	$59K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,685.9	+0.099%	$710K	$246K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,685.8	+0.094%	$1.1M	$469K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,684.8	+0.033%	$991K	$452K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,687.6	+0.198%	$304	$159K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,684.2	−0.001%	$22	$954K	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,683.3	−0.058%	$10K	$63K	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	+0.0010%	8h	1,687	+0.166%	$47K	$89K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,686.5	+0.134%	$56K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	+1.068%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASMLshort	+0.0050%	1h	1,683.1	−0.068%	$2.8M	$789K	10x
Polymarket Perps ASML-USD	+0.0050%	1h	1,682.9	−0.080%	$66K	$404K	10x	as long as short
KuCoin ASMLUSDTMlong	+0.0100%	8h	1,684.2	long leg	$213K	$313K	10x
Phoenix ASML	+0.0142%	1h	1,685.2	+0.057%	$810	$17K	10x	as long as short