Funding you earn now, next payment 03:00 UTC+0.0392%/8h= +42.9% APRpaid last 24h +0.073%
Price spread now: Binance against Polymarket Perps+0.007%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$290.285% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.529%+$53 · spread now +0.007%, 7d avg +0.082%
=Funding pays, the price is against you. Binance is 0.075% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.082%). If the spread goes back, that is −$7 on $10k: about 15 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.011% in total) that is about 47 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ASML-USD | 1,724 | 0.0050 | pay 0.0006% / 1h | 40m 13s | $68K | $447K | 10x |
| Short | Binance ASMLUSDT | 1,724.1 | 0.0442 | get 0.0442% / 8h | 5h 40m | $3.3M | $3.5M | 20x |
Polymarket Perps ASML-USD
Binance ASMLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Polymarket Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $82.23
- Price spread: +0.007% → +0.082%
- −$7.47
- Slippage, 4 orders
- −$10.53
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $46.23
- Costs to cover
- 0.285%
- Break-even
- 3.1 days
Slippage from Polymarket Perps: live order book, 22 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 Polymarket Perps live order book, 22 min ago | 1.45 bp | 5.5 bp −$5 | 5.5 bp −$55 | 10.5 bp −$1,050 | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.25 bp | 7.9 bp −$8 | 55.3 bp −$553 | 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 | 1,724.1 | +0.006% | $14K | $12K | 20x | as long as short |
| Bybit ASMLUSDT | 0.0000% | 8h | 1,723.2 | −0.049% | $872K | $126K | 25x | as long as short |
| OKX ASML-USDT-SWAP | 0.0000% | 8h | 1,723.4 | −0.035% | $729K | $295K | 20x | as long as short |
| Gate ASML_USDT | 0.0000% | 8h | 1,723.4 | −0.033% | $1.1M | $598K | 50x | as long as short |
| Bitget ASMLUSDT | 0.0000% | 8h | 1,723.1 | −0.050% | $985K | $535K | 20x | as long as short |
| GRVT ASML_USDT_Perp | 0.0000% | 8h | 1,722.3 | −0.100% | $344 | $183K | 10x | as long as short |
| SunX ASML-USDT | 0.0000% | 8h | 1,722.4 | −0.092% | $1K | $1.1M | 10x | as long as short |
| HTX ASML-USDT | 0.0000% | 8h | 1,723.2 | −0.049% | $10K | $59K | 20x | as long as short |
| Lighter ASML | +0.0032% | 1h | 1,725.5 | +0.087% | $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 |
Aster ASMLUSDT
Bybit ASMLUSDT
OKX ASML-USDT-SWAP
Gate ASML_USDT
Bitget ASMLUSDT
GRVT ASML_USDT_Perp
SunX ASML-USDT
HTX ASML-USDT
Lighter ASML
Injective ASML/USDC PERPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ASML | +0.0050% | 1h | 1,723 | −0.058% | $2.8M | $786K | 10x | as long as short |
| Polymarket Perps ASML-USDlong | +0.0050% | 1h | 1,724 | long leg | $68K | $447K | 10x | |
| Phoenix ASML | +0.0093% | 1h | 1,722.2 | −0.104% | $828 | $17K | 10x | as long as short |
| KuCoin ASMLUSDTM | +0.0100% | 8h | 1,721.5 | −0.143% | $217K | $314K | 10x | as long as short |
| BloFin ASML-USDT | +0.0417% | 8h | 1,722.2 | −0.106% | $47K | $102K | 20x | as long as short |
| Extended ASML-USD | +0.0440% | 1h | 1,723.4 | −0.036% | $7K | $339K | 10x | as long as short |
| Binance ASMLUSDTshort | +0.0442% | 8h | 1,724.1 | +0.007% | $3.3M | $3.5M | 20x |
tradeXYZ xyz:ASML
Phoenix ASML
KuCoin ASMLUSDTM
BloFin ASML-USDT
Extended ASML-USD