Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0195%/8h= −21.4% APRpaid last 24h −0.016%

Price spread now: SunX against Polymarket Perps−0.090%7-day average +0.006% · you buy dearer than you sell

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

Long on Polymarket Perps Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.181%−$18 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.090%, 7d avg +0.006%

Together, before fees−0.238%−$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.097% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.006%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ASML-USD	1,726.2	0.0195	pay 0.0024% / 1h	43m 14s	$68K	$447K	10x
Short	SunX ASML-USDT	1,724.6	0	get 0.0000% / 8h	4h 43m	$1K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.090%Rate

Funding earned: −$40.98
Price spread: −0.090% → +0.006%: −$9.68
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$66.65
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 14 min ago; SunX: live order book, 10 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, 14 min ago	3.19 bp	7.2 bp −$7	7.2 bp −$72	10.2 bp −$1,017	doesn't fit
Sell SunX live order book, 10 min ago	500.02 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	1,725	−0.070%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,724.4	−0.107%	$873K	$126K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,724.7	−0.087%	$729K	$297K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,726	−0.014%	$1.1M	$543K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,725.8	−0.025%	$986K	$512K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,725.6	−0.033%	$311	$181K	10x	as long as short
SunX ASML-USDTshort	0.0000%	8h	1,724.6	−0.090%	$1K	$1.1M	10x
HTX ASML-USDT	0.0000%	8h	1,724	−0.128%	$10K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,727.5	+0.075%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.389%	$11K	$37K	12x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ASML	+0.0050%	1h	1,724.7	−0.087%	$2.8M	$786K	10x	as long as short
Phoenix ASML	+0.0093%	1h	1,724.4	−0.104%	$827	$18K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,723.6	−0.153%	$217K	$314K	10x	as long as short
Polymarket Perps ASML-USDlong	+0.0195%	1h	1,726.2	long leg	$68K	$447K	10x
BloFin ASML-USDT	+0.0253%	8h	1,726.5	+0.016%	$47K	$93K	20x	as long as short
Binance ASMLUSDT	+0.0279%	8h	1,726.2	−0.002%	$3.3M	$3.5M	20x	as long as short
Extended ASML-USD	+0.0280%	1h	1,725.8	−0.026%	$4K	$337K	10x	as long as short