Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h +0.012%

Price spread now: KuCoin against Polymarket Perps−0.188%7-day average −0.049% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.188%, 7d avg −0.049%

Together, before fees+0.004%$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.140% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ASML-USD	1,718.9	0.0096	pay 0.0012% / 1h	54m 56s	$79K	$436K	10x
Short	KuCoin ASMLUSDTM	1,715.7	0.0100	get 0.0100% / 8h	7h 54m	$215K	$331K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.188%Rate

Funding earned: $0.94
Price spread: −0.188% → −0.049%: −$13.97
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$33.03
Costs to cover: 0.200%
Break-even: 252.7 days

Slippage unknown: Polymarket Perps: live order book, 17 min ago; KuCoin: live order book, 67 min ago. Net counts fees only.

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, 17 min ago	1.75 bp	5.7 bp −$6	5.7 bp −$57	11.6 bp −$1,157	doesn't fit
Sell KuCoin live order book, 67 min ago	10.06 bp	doesn't fit	doesn't fit	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	1,717.8	−0.062%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,716.2	−0.160%	$880K	$126K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,717.3	−0.093%	$725K	$313K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,718.4	−0.029%	$1.1M	$682K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,718.4	−0.029%	$1.0M	$498K	20x	as long as short
SunX ASML-USDT	0.0000%	8h	1,718.2	−0.038%	$1K	$1.2M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,720.9	+0.114%	$11K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,719.5	+0.035%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.970%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,717.4	−0.087%	$2.8M	$800K	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	+0.0096%	1h	1,718.9	long leg	$79K	$436K	10x
KuCoin ASMLUSDTMshort	+0.0100%	8h	1,715.7	−0.188%	$215K	$331K	10x
Phoenix ASML	+0.0140%	1h	1,717.1	−0.105%	$823	$19K	10x	as long as short
GRVT ASML_USDT_Perp	+0.0182%	8h	1,717.9	−0.058%	$344	$198K	10x	as long as short
BloFin ASML-USDT	+0.0836%	8h	1,718.2	−0.042%	$46K	$101K	20x	as long as short
Binance ASMLUSDT	+0.0844%	8h	1,718.2	−0.041%	$3.6M	$3.1M	20x	as long as short
Extended ASML-USD	+0.0848%	1h	1,717.8	−0.062%	$4K	$235K	10x	as long as short