Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.017%

Price spread now: OKX against Polymarket Perps+0.082%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

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

Long on Polymarket Perps Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.165%−$17 on $10k

Price spread, last 4 days (all we have)−0.323%−$32 · spread now +0.082%, 7d avg +0.048%

Together, before fees−0.488%−$49 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.034% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of +0.048%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ASML-USD	1,710.9	0.0050	pay 0.0006% / 1h	15m 21s	$67K	$447K	10x
Short	OKX ASML-USDT-SWAP	1,712.3	0	get 0.0000% / 8h	3h 15m	$726K	$306K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.082%Rate

Funding earned: −$10.5
Price spread: +0.082% → +0.048%: $3.38
Slippage, 4 orders: −$32.58
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$57.7
Costs to cover: 0.506%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 37 min ago; OKX: live order book, 36 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, 37 min ago	3.20 bp	7.2 bp −$7	7.2 bp −$72	10.0 bp −$1,004	doesn't fit
Sell OKX live order book, 36 min ago	2.91 bp	24.4 bp −$24	153.0 bp −$1,530	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	1,711.2	+0.016%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,711.9	+0.057%	$867K	$133K	25x	as long as short
OKX ASML-USDT-SWAPshort	0.0000%	8h	1,712.3	+0.082%	$726K	$306K	20x
Gate ASML_USDT	0.0000%	8h	1,712.5	+0.091%	$1.1M	$545K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,712.4	+0.085%	$984K	$516K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,712.4	+0.090%	$325	$177K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,711.1	+0.013%	$970	$1.1M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,709.8	−0.066%	$10K	$62K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,713.2	+0.134%	$56K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.507%	$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
BloFin ASML-USDT	+0.0048%	8h	1,712.6	+0.101%	$47K	$91K	20x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,710.7	−0.012%	$2.8M	$852K	10x	as long as short
Polymarket Perps ASML-USDlong	+0.0050%	1h	1,710.9	long leg	$67K	$447K	10x
Binance ASMLUSDT	+0.0062%	8h	1,712.7	+0.105%	$3.3M	$3.5M	20x	as long as short
Extended ASML-USD	+0.0064%	1h	1,712	+0.064%	$4K	$201K	10x	as long as short
KuCoin ASMLUSDTM	+0.0100%	8h	1,709.4	−0.088%	$215K	$307K	10x	as long as short
Phoenix ASML	+0.0140%	1h	1,711.8	+0.053%	$821	$19K	10x	as long as short