Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.018%

Price spread now: Polymarket Perps against Bybit+0.109%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$660.655% of the position

Long on Bybit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.199%+$20 on $10k

Price spread, last 3 days (all we have)+0.137%+$14 · spread now +0.109%, 7d avg 0.000%

Together, before fees+0.337%+$34 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 Polymarket Perps is 0.109% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASMLUSDT	1,713.6	0	get 0.0000% / 8h	1h 33m	$878K	$129K	25x
Short	Polymarket Perps ASML-USD	1,715.5	0.0050	get 0.0006% / 1h	33m 20s	$88K	$427K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bybit. 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 BybitbpFee Polymarket PerpsbpOrdersPrice spread, now +0.109%Rate

Funding earned: $10.5
Price spread: +0.109% → 0.000%: $10.87
Slippage, 4 orders: −$46.55
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$44.17
Costs to cover: 0.655%
Break-even: 36.4 days

Slippage from Bybit: live order book, 47 min ago; Polymarket Perps: live order book, 49 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 Bybit live order book, 47 min ago	10.55 bp	21.9 bp −$22	130.9 bp −$1,309	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 49 min ago	3.50 bp	7.5 bp −$7	8.9 bp −$89	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	1,713.3	−0.017%	$14K	$12K	20x	as long as short
Bybit ASMLUSDTlong	0.0000%	8h	1,713.6	long leg	$878K	$129K	25x
OKX ASML-USDT-SWAP	0.0000%	8h	1,714.7	+0.062%	$723K	$320K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,715.1	+0.083%	$1.1M	$699K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,714.1	+0.029%	$1.0M	$579K	20x	as long as short
SunX ASML-USDT	0.0000%	8h	1,714.3	+0.036%	$1K	$1.2M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,716.9	+0.193%	$11K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,717.7	+0.237%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.666%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,713.8	+0.009%	$2.8M	$857K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ASML-USDshort	+0.0050%	1h	1,715.5	+0.109%	$88K	$427K	10x
KuCoin ASMLUSDTM	+0.0100%	8h	1,712.9	−0.041%	$214K	$331K	10x	as long as short
Phoenix ASML	+0.0140%	1h	1,714.4	+0.044%	$820	$18K	10x	as long as short
BloFin ASML-USDT	+0.0477%	8h	1,715	+0.080%	$46K	$104K	20x	as long as short
Extended ASML-USD	+0.0488%	1h	1,714.6	+0.059%	$4K	$237K	10x	as long as short
Binance ASMLUSDT	+0.0492%	8h	1,714.9	+0.076%	$3.5M	$3.2M	20x	as long as short
GRVT ASML_USDT_Perp	+0.0712%	8h	1,715.2	+0.090%	$806	$203K	10x	as long as short