Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0075%/8h= +8.2% APRpaid last 24h +0.073%

Price spread now: Binance against tradeXYZ+0.070%7-day average +0.125% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$500.502% of the position

Long on tradeXYZ Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 7 days+0.019%+$2 · spread now +0.070%, 7d avg +0.125%

Together, before fees+0.009%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.055% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.070% now, against its 7-day average of +0.125%). If the spread goes back, that is −$5 on $10k: about 2.4 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:ASML	1,714.2	0.0050	pay 0.0006% / 1h	40m 11s	$2.8M	$837K	10x
Short	Binance ASMLUSDT	1,715.4	0.0125	get 0.0125% / 8h	3h 40m	$3.3M	$3.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against tradeXYZ. 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 tradeXYZbpFee BinancebpOrdersPrice spread, now +0.070%Rate

Funding earned: $15.74
Price spread: +0.070% → +0.125%: −$5.49
Slippage, 4 orders: −$22.18
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Binance: 5 bp × 2 orders: −$10
Net: −$39.93
Costs to cover: 0.502%
Break-even: 24.8 days

Slippage from tradeXYZ: live order book, 8 min ago; Binance: live order book, 11 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 tradeXYZ live order book, 8 min ago	2.04 bp	11.9 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.81 bp	13.1 bp −$13	45.6 bp −$456	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	1,714.8	+0.035%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,714.8	+0.034%	$868K	$127K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,715.4	+0.070%	$725K	$292K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,714.9	+0.041%	$1.1M	$542K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,715.1	+0.053%	$982K	$513K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,716.5	+0.135%	$326	$178K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,714.2	0.000%	$850	$1.1M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,717.5	+0.190%	$10K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,715.8	+0.093%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.699%	$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:ASMLlong	+0.0050%	1h	1,714.2	long leg	$2.8M	$837K	10x
Polymarket Perps ASML-USD	+0.0055%	1h	1,715.4	+0.070%	$67K	$447K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,714.1	−0.006%	$216K	$306K	10x	as long as short
Binance ASMLUSDTshort	+0.0125%	8h	1,715.4	+0.070%	$3.3M	$3.5M	20x
Extended ASML-USD	+0.0128%	1h	1,715.1	+0.052%	$4K	$334K	10x	as long as short
Phoenix ASML	+0.0140%	1h	1,715.2	+0.058%	$824	$19K	10x	as long as short
BloFin ASML-USDT	+0.0145%	8h	1,716	+0.104%	$47K	$91K	20x	as long as short