Funding you earn now, next payment 00:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.014%
Price spread now: Phoenix against Polymarket Perps−0.110%59s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Phoenix is 0.110% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.110% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 4.1 days of funding at the current rate (+$3 a day). The two prices were read 59 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 | Polymarket Perps ASML-USD | 1,727.7 | 0.0050 | pay 0.0006% / 1h | 4m 16s | $69K | $446K | 10x |
| Short | Phoenix ASML | 1,725.8 | 0.0140 | get 0.0017% / 1h | 4m 16s | $825 | $19K | 10x |
Polymarket Perps ASML-USD
Phoenix ASMLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $18.84
- Price spread: −0.110% → 0.000%
- −$11
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$7.16
- Costs to cover
- 0.150%
- Break-even
- 9.7 days
Slippage unknown: Polymarket Perps: live order book, 3 min ago; Phoenix: no order-book sample. 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, 3 min ago | 2.32 bp | 6.3 bp −$6 | 6.3 bp −$63 | 11.9 bp −$1,189 | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1,727.2 | −0.032% | $14K | $12K | 20x | as long as short |
| Bybit ASMLUSDT | 0.0000% | 8h | 1,726.5 | −0.068% | $887K | $121K | 25x | as long as short |
| OKX ASML-USDT-SWAP | 0.0000% | 8h | 1,726.9 | −0.046% | $729K | $304K | 20x | as long as short |
| Gate ASML_USDT | 0.0000% | 8h | 1,726.8 | −0.053% | $1.1M | $704K | 50x | as long as short |
| Bitget ASMLUSDT | 0.0000% | 8h | 1,726.1 | −0.091% | $1.0M | $501K | 20x | as long as short |
| GRVT ASML_USDT_Perp | 0.0000% | 8h | 1,726.5 | −0.071% | $363 | $191K | 10x | as long as short |
| SunX ASML-USDT | 0.0000% | 8h | 1,726.5 | −0.071% | $1K | $1.2M | 10x | as long as short |
| HTX ASML-USDT | 0.0000% | 8h | 1,728.5 | +0.045% | $11K | $59K | 20x | as long as short |
| Lighter ASML | +0.0032% | 1h | 1,728.8 | +0.064% | $57K | $3K | 10x | as long as short |
| Injective ASML/USDC PERP | +0.0033% | 1h | 1,702.2 | −1.475% | $11K | $37K | 12x | as long as short |
Aster ASMLUSDT
Bybit ASMLUSDT
OKX ASML-USDT-SWAP
Gate ASML_USDT
Bitget ASMLUSDT
GRVT ASML_USDT_Perp
SunX ASML-USDT
HTX ASML-USDT
Lighter ASML
Injective ASML/USDC PERPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ASML | +0.0050% | 1h | 1,726.8 | −0.052% | $2.8M | $768K | 10x | as long as short |
| Polymarket Perps ASML-USDlong | +0.0050% | 1h | 1,727.7 | long leg | $69K | $446K | 10x | |
| KuCoin ASMLUSDTM | +0.0100% | 8h | 1,724.3 | −0.199% | $217K | $324K | 10x | as long as short |
| Phoenix ASMLshort | +0.0140% | 1h | 1,725.8 | −0.110% | $825 | $19K | 10x | |
| Extended ASML-USD | +0.0728% | 1h | 1,727 | −0.039% | $4K | $344K | 10x | as long as short |
| Binance ASMLUSDT | +0.0729% | 8h | 1,727.4 | −0.017% | $3.6M | $3.1M | 20x | as long as short |
| BloFin ASML-USDT | +0.0734% | 8h | 1,727.3 | −0.024% | $46K | $102K | 20x | as long as short |
tradeXYZ xyz:ASML
KuCoin ASMLUSDTM
Extended ASML-USD
Binance ASMLUSDT
BloFin ASML-USDT