Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: SunX against tradeXYZ−0.026%7-day average +0.051% · you buy dearer than you sell

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

Long on tradeXYZ Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.211%−$21 on $10k

Price spread, last 4 days (all we have)−0.172%−$17 · spread now −0.026%, 7d avg +0.051%

Together, before fees−0.383%+ Points / potential airdroptradeXYZ: Active · farm board−$38 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 SunX is 0.076% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.051%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:ASML	1,724	0.0050	pay 0.0006% / 1h	34m 08s	$2.8M	$830K	10x
Short	SunX ASML-USDT	1,723.6	0	get 0.0000% / 8h	4h 34m	$1K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$10.5
Price spread: −0.026% → +0.051%: −$7.61
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee SunX: 4 bp × 2 orders: −$8
Net: −$44.11
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 4 min ago; SunX: live order book, 9 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 tradeXYZ live order book, 4 min ago	2.61 bp	13.0 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	500.03 bp	doesn't fit	doesn't fit	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	1,724.3	+0.015%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,723.6	−0.024%	$872K	$126K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,724.7	+0.041%	$729K	$294K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,724.8	+0.046%	$1.1M	$544K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,724.5	+0.030%	$987K	$513K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,725.4	+0.079%	$311	$180K	10x	as long as short
SunX ASML-USDTshort	0.0000%	8h	1,723.6	−0.026%	$1K	$1.1M	10x
HTX ASML-USDT	0.0000%	8h	1,726.3	+0.131%	$10K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,727.3	+0.191%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.263%	$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	1,724	long leg	$2.8M	$830K	10x
Phoenix ASML	+0.0093%	1h	1,724.1	+0.006%	$829	$18K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,722.5	−0.086%	$217K	$311K	10x	as long as short
Polymarket Perps ASML-USD	+0.0123%	1h	1,725.1	+0.064%	$68K	$447K	10x	as long as short
Binance ASMLUSDT	+0.0261%	8h	1,725.3	+0.078%	$3.3M	$3.5M	20x	as long as short
Extended ASML-USD	+0.0264%	1h	1,724.9	+0.053%	$4K	$337K	10x	as long as short
BloFin ASML-USDT	+0.0292%	8h	1,725	+0.057%	$47K	$92K	20x	as long as short