Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.017%

Price spread now: Gate against Polymarket Perps+0.155%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$610.612% of the position

Long on Polymarket Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.172%−$17 on $10k

Price spread, last 4 days (all we have)−0.635%−$64 · spread now +0.155%, 7d avg +0.022%

Together, before fees−0.807%−$81 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.133% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.155% now, against its 7-day average of +0.022%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ASML-USD	1,702	0.0050	pay 0.0006% / 1h	44m 28s	$67K	$448K	10x
Short	Gate ASML_USDT	1,704.6	0	get 0.0000% / 8h	44m 28s	$1.1M	$481K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.155%Rate

Funding earned: −$10.5
Price spread: +0.155% → +0.022%: $13.29
Slippage, 4 orders: −$38.21
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$58.41
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 58 min ago; Gate: 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, 58 min ago	2.93 bp	6.9 bp −$7	8.4 bp −$84	10.5 bp −$1,050	doesn't fit
Sell Gate live order book, 3 min ago	10.47 bp	23.6 bp −$24	74.8 bp −$748	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	1,703	+0.060%	$14K	$12K	20x	as long as short
Extended ASML-USD	0.0000%	1h	1,703.7	+0.100%	$4K	$250K	10x	as long as short
Binance ASMLUSDT	0.0000%	8h	1,703.5	+0.090%	$3.2M	$3.6M	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,701.8	−0.012%	$863K	$57K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,703.8	+0.106%	$722K	$292K	20x	as long as short
Gate ASML_USDTshort	0.0000%	8h	1,704.6	+0.155%	$1.1M	$481K	50x
Bitget ASMLUSDT	0.0000%	8h	1,703	+0.056%	$985K	$474K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,706	+0.234%	$290	$168K	10x	as long as short
Phoenix ASML	0.0000%	1h	1,703.2	+0.071%	$819	$17K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,703.2	+0.070%	$1K	$1.0M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ASML-USDT	0.0000%	8h	1,702.6	+0.035%	$10K	$62K	20x	as long as short
BloFin ASML-USDT	+0.0007%	8h	1,705.6	+0.209%	$47K	$90K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,704.6	+0.153%	$56K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	+0.013%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,700.8	−0.071%	$2.8M	$849K	10x	as long as short
Polymarket Perps ASML-USDlong	+0.0050%	1h	1,702	long leg	$67K	$448K	10x
KuCoin ASMLUSDTM	+0.0100%	8h	1,702.2	+0.009%	$214K	$283K	10x	as long as short