Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Gate against tradeXYZ+0.043%7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$780.780% of the position

Long on tradeXYZ Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.220%−$22 on $10k

Price spread, last 7 days+0.011%+$1 · spread now +0.043%, 7d avg +0.097%

Together, before fees−0.210%+ Points / potential airdroptradeXYZ: Active · farm board−$21 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 Gate is 0.054% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.097%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:ASML	1,723.5	0.0050	pay 0.0006% / 1h	21m 45s	$2.8M	$768K	10x
Short	Gate ASML_USDT	1,724.2	0	get 0.0000% / 8h	7h 21m	$1.1M	$698K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.043%Rate

Funding earned: −$10.5
Price spread: +0.043% → +0.097%: −$5.4
Slippage, 4 orders: −$44.99
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$93.88
Costs to cover: 0.780%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 6 min ago; Gate: live order book, just now.

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, 6 min ago	2.03 bp	15.4 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, just now	10.82 bp	19.4 bp −$19	68.5 bp −$685	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	1,724.7	+0.069%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,723.7	+0.009%	$885K	$126K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,725.2	+0.099%	$729K	$305K	20x	as long as short
Gate ASML_USDTshort	0.0000%	8h	1,724.2	+0.043%	$1.1M	$698K	50x
Bitget ASMLUSDT	0.0000%	8h	1,723.1	−0.024%	$1.0M	$501K	20x	as long as short
SunX ASML-USDT	0.0000%	8h	1,725.8	+0.131%	$1K	$1.2M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,728.7	+0.304%	$10K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,726.1	+0.151%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.235%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASMLlong	+0.0050%	1h	1,723.5	long leg	$2.8M	$768K	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ASML-USD	+0.0050%	1h	1,725.1	+0.093%	$69K	$446K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,722.5	−0.058%	$217K	$327K	10x	as long as short
Phoenix ASML	+0.0140%	1h	1,726.9	+0.197%	$833	$19K	10x	as long as short
GRVT ASML_USDT_Perp	+0.0230%	8h	1,726.5	+0.174%	$345	$192K	10x	as long as short
BloFin ASML-USDT	+0.0763%	8h	1,726.1	+0.150%	$46K	$102K	20x	as long as short
Extended ASML-USD	+0.0784%	1h	1,724.9	+0.081%	$4K	$349K	10x	as long as short
Binance ASMLUSDT	+0.0784%	8h	1,725	+0.086%	$3.6M	$3.1M	20x	as long as short