Settings8H · net · $10k
Funding arb · Price arb /

ASML

RWAall ASML markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0807%/8h= +88.3% APRpaid last 24h −0.018%
Price spread now: GRVT against Polymarket Perps−0.010%63s7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.484% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 3 days (all we have)−0.032%−$3 · spread now −0.010%, 7d avg +0.056%
Together, before fees+0.059%+ Points / potential airdropGRVT: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.066% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.056%). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.091% in total) that is about 5.1 days. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.091% in total (about 4.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ASML-USD1,717.60.0123pay 0.0015% / 1h2m 11s$79K$436K10x
ShortGRVT ASML_USDT_Perp1,717.40.0930get 0.0930% / 8h2m 11s$343$199K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
$169.43
Price spread: −0.010% → +0.056%
−$6.61
Slippage, 4 orders
−$31.43
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$114.39
Costs to cover
0.484%
Break-even
2.3 days
Slippage from Polymarket Perps: live order book, 10 min ago; GRVT: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 10 min ago1.75 bp5.7 bp −$65.7 bp −$5711.6 bp −$1,157doesn't fit
Sell GRVT live order book, 6 min ago1.16 bp5.7 bp −$6doesn't fitdoesn't fitdoesn't fit

ASML on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ASMLUSDT0.0000%8h1,717.3−0.019%$14K$12K20xas long as short
Bybit ASMLUSDT0.0000%8h1,717.5−0.008%$880K$126K25xas long as short
OKX ASML-USDT-SWAP0.0000%8h1,718.3+0.041%$724K$309K20xas long as short
Gate ASML_USDT0.0000%8h1,718.4+0.046%$1.1M$696K50xas long as short
Bitget ASMLUSDT0.0000%8h1,717.4−0.015%$1.0M$505K20xas long as short
SunX ASML-USDT0.0000%8h1,716.9−0.039%$1K$1.2M10xas long as short
HTX ASML-USDT0.0000%8h1,719.3+0.100%$10K$59K20xas long as short
Lighter ASML+0.0032%1h1,719.3+0.099%$57K$3K10xas long as short
Injective ASML/USDC PERP+0.0033%1h1,702.2−0.895%$11K$37K12xas long as short
tradeXYZ xyz:ASML+0.0050%1h1,716.6−0.058%$2.8M$800K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ASMLUSDTM+0.0100%8h1,716.4−0.068%$215K$329K10xas long as short
Polymarket Perps ASML-USDlong+0.0123%1h1,717.6long leg$79K$436K10x
Phoenix ASML+0.0140%1h1,716.8−0.047%$824$19K10xas long as short
Binance ASMLUSDT+0.0853%8h1,717.6+0.002%$3.6M$3.1M20xas long as short
Extended ASML-USD+0.0856%1h1,717.3−0.017%$4K$237K10xas long as short
BloFin ASML-USDT+0.0868%8h1,717.9+0.018%$46K$101K20xas long as short
GRVT ASML_USDT_Perpshort+0.0930%8h1,717.4−0.010%$343$199K10x