Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.018%

Price spread now: Bitget against Polymarket Perps−0.055%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

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

costs, in and out, $10k−$470.470% of the position

Long on Polymarket Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 3 days (all we have)−0.220%−$22 · spread now −0.055%, 7d avg +0.025%

Together, before fees−0.287%−$29 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 Bitget is 0.080% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.025%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ASML-USD	1,714.8	0.0050	pay 0.0006% / 1h	28m 04s	$88K	$426K	10x
Short	Bitget ASMLUSDT	1,713.9	0	get 0.0000% / 8h	2h 28m	$1.0M	$578K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 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 Polymarket PerpsbpFee BitgetbpOrdersPrice spread, now −0.055%Rate

Funding earned: −$10.5
Price spread: −0.055% → +0.025%: −$8
Slippage, 4 orders: −$26.98
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$65.48
Costs to cover: 0.470%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 59 min ago; Bitget: live order book, 3 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, 59 min ago	2.92 bp	9.2 bp −$9	10.2 bp −$102	11.6 bp −$1,157	doesn't fit
Sell Bitget live order book, 3 min ago	2.04 bp	15.5 bp −$16	37.9 bp −$379	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	1,713.7	−0.066%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,713.9	−0.054%	$879K	$129K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,714.1	−0.041%	$721K	$320K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,715.2	+0.024%	$1.1M	$711K	50x	as long as short
Bitget ASMLUSDTshort	0.0000%	8h	1,713.9	−0.055%	$1.0M	$578K	20x
SunX ASML-USDT	0.0000%	8h	1,715.1	+0.019%	$924	$1.3M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,718.3	+0.202%	$10K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,717.4	+0.152%	$57K	$4K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.734%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,714.1	−0.041%	$2.8M	$850K	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-USDlong	+0.0050%	1h	1,714.8	long leg	$88K	$426K	10x
KuCoin ASMLUSDTM	+0.0100%	8h	1,713	−0.106%	$213K	$335K	10x	as long as short
Phoenix ASML	+0.0140%	1h	1,714.5	−0.017%	$820	$18K	10x	as long as short
Binance ASMLUSDT	+0.0406%	8h	1,715.5	+0.040%	$3.5M	$3.2M	20x	as long as short
Extended ASML-USD	+0.0408%	1h	1,715.4	+0.034%	$4K	$237K	10x	as long as short
BloFin ASML-USDT	+0.0429%	8h	1,714.8	+0.002%	$46K	$103K	20x	as long as short
GRVT ASML_USDT_Perp	+0.0643%	8h	1,714.2	−0.033%	$789	$207K	10x	as long as short