Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.016%

Price spread now: Polymarket Perps against Gate−0.074%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$490.487% of the position

Long on Gate Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.190%+$19 on $10k

Price spread, last 4 days (all we have)+0.554%+$55 · spread now −0.074%, 7d avg −0.025%

Together, before fees+0.744%+$74 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.050% cheaper against Gate than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.025%). If the spread goes back, that is −$5 on $10k: about 3.3 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	Gate ASML_USDT	1,722.8	0	get 0.0000% / 8h	6h 29m	$1.1M	$688K	50x
Short	Polymarket Perps ASML-USD	1,721.5	0.0050	get 0.0006% / 1h	29m 52s	$67K	$447K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Gate. 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 GatebpFee Polymarket PerpsbpOrdersPrice spread, now −0.074%Rate

Funding earned: $10.5
Price spread: −0.074% → −0.025%: −$4.98
Slippage, 4 orders: −$25.67
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$43.15
Costs to cover: 0.487%
Break-even: 35.8 days

Slippage from Gate: live order book, 2 min ago; Polymarket Perps: live order book, 38 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 Gate live order book, 2 min ago	8.93 bp	17.8 bp −$18	70.6 bp −$706	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 38 min ago	2.32 bp	6.3 bp −$6	6.5 bp −$65	8.8 bp −$878	doesn't fit

ASML on 16 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	1,722.7	−0.002%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,721.5	−0.075%	$872K	$127K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,722.4	−0.022%	$729K	$300K	20x	as long as short
Gate ASML_USDTlong	0.0000%	8h	1,722.8	long leg	$1.1M	$688K	50x
Bitget ASMLUSDT	0.0000%	8h	1,722.7	−0.005%	$986K	$534K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,719.6	−0.184%	$310	$188K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,720.7	−0.120%	$761	$1.2M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,722.5	−0.019%	$10K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,724.5	+0.100%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.193%	$11K	$37K	12x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix ASML	+0.0046%	1h	1,718.7	−0.237%	$823	$19K	10x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,721.3	−0.086%	$2.8M	$798K	10x	as long as short
Polymarket Perps ASML-USDshort	+0.0050%	1h	1,721.5	−0.074%	$67K	$447K	10x
KuCoin ASMLUSDTM	+0.0100%	8h	1,720	−0.162%	$216K	$321K	10x	as long as short
Extended ASML-USD	+0.0624%	1h	1,722.9	+0.007%	$6K	$342K	10x	as long as short
Binance ASMLUSDT	+0.0626%	8h	1,723.4	+0.034%	$3.3M	$3.6M	20x	as long as short