Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.017%

Price spread now: Polymarket Perps against OKX+0.035%47s7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$510.506% of the position

Long on OKX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.163%+$16 on $10k

Price spread, last 4 days (all we have)+0.155%+$16 · spread now +0.035%, 7d avg −0.048%

Together, before fees+0.318%+$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.083% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.048%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ASML-USDT-SWAP	1,709.3	0	get 0.0000% / 8h	2h 47m	$726K	$304K	20x
Short	Polymarket Perps ASML-USD	1,709.9	0.0056	get 0.0007% / 1h	47m 40s	$67K	$448K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against OKX. 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 OKXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.035%Rate

Funding earned: $11.78
Price spread: +0.035% → −0.048%: $8.28
Slippage, 4 orders: −$32.58
Fee OKX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$30.52
Costs to cover: 0.506%
Break-even: 25.1 days

Slippage from OKX: live order book, 63 min ago; Polymarket Perps: live order book, 65 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 OKX live order book, 63 min ago	2.91 bp	11.8 bp −$12	96.9 bp −$969	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 65 min ago	3.20 bp	7.2 bp −$7	8.1 bp −$81	10.2 bp −$1,023	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
BloFin ASML-USDT	−0.0003%	8h	1,711.3	+0.118%	$47K	$91K	20x	as long as short
Aster ASMLUSDT	0.0000%	8h	1,709.8	+0.032%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,708.1	−0.070%	$865K	$135K	25x	as long as short
OKX ASML-USDT-SWAPlong	0.0000%	8h	1,709.3	long leg	$726K	$304K	20x
Gate ASML_USDT	0.0000%	8h	1,710.2	+0.051%	$1.1M	$542K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,709.7	+0.020%	$977K	$528K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,710.9	+0.096%	$325	$176K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,710	+0.040%	$1K	$1.1M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,711	+0.101%	$10K	$62K	20x	as long as short
Extended ASML-USD	+0.0008%	1h	1,709.6	+0.019%	$5K	$239K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASMLUSDT	+0.0010%	8h	1,710	+0.039%	$3.2M	$3.6M	20x	as long as short
Lighter ASML	+0.0032%	1h	1,710.7	+0.082%	$56K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.414%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,707.8	−0.088%	$2.8M	$845K	10x	as long as short
Polymarket Perps ASML-USDshort	+0.0056%	1h	1,709.9	+0.035%	$67K	$448K	10x
KuCoin ASMLUSDTM	+0.0100%	8h	1,708	−0.078%	$215K	$298K	10x	as long as short
Phoenix ASML	+0.0141%	1h	1,708.6	−0.041%	$819	$19K	10x	as long as short