Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: tradeXYZ against OKX−0.075%7-day average −0.099% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$670.671% of the position

Long on OKX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.201%+$20 on $10k

Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.075%, 7d avg −0.099%

Together, before fees+0.180%+ Points / potential airdroptradeXYZ: Active · farm board+$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.024% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.099%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ASML-USDT-SWAP	1,722.9	0	get 0.0000% / 8h	5h 24m	$728K	$298K	20x
Short	tradeXYZ xyz:ASML	1,721.6	0.0050	get 0.0006% / 1h	24m 15s	$2.8M	$784K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against OKX. 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 OKXbpFee tradeXYZbpOrdersPrice spread, now −0.075%Rate

Funding earned: $10.5
Price spread: −0.075% → −0.099%: $2.37
Slippage, 4 orders: −$39.14
Fee OKX: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$54.27
Costs to cover: 0.671%
Break-even: 43.2 days

Slippage from OKX: live order book, 37 min ago; tradeXYZ: live order book, 2 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 OKX live order book, 37 min ago	6.97 bp	20.9 bp −$21	145.5 bp −$1,455	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 2 min ago	2.03 bp	13.5 bp −$13	25.1 bp −$251	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	1,722.9	+0.001%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,722.5	−0.021%	$871K	$126K	25x	as long as short
OKX ASML-USDT-SWAPlong	0.0000%	8h	1,722.9	long leg	$728K	$298K	20x
Gate ASML_USDT	0.0000%	8h	1,722.7	−0.013%	$1.1M	$600K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,722.3	−0.035%	$984K	$535K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,723	+0.007%	$327	$181K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,721.5	−0.084%	$1K	$1.1M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,724	+0.062%	$11K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,724.1	+0.070%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.200%	$11K	$37K	12x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ASMLshort	+0.0050%	1h	1,721.6	−0.075%	$2.8M	$784K	10x
Polymarket Perps ASML-USD	+0.0071%	1h	1,722.7	−0.012%	$68K	$447K	10x	as long as short
Phoenix ASML	+0.0093%	1h	1,722	−0.052%	$825	$17K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,721	−0.113%	$216K	$318K	10x	as long as short
Extended ASML-USD	+0.0384%	1h	1,723	+0.003%	$7K	$339K	10x	as long as short
Binance ASMLUSDT	+0.0387%	8h	1,723.4	+0.029%	$3.3M	$3.5M	20x	as long as short
BloFin ASML-USDT	+0.0403%	8h	1,723.1	+0.009%	$47K	$102K	20x	as long as short