Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.016%

Price spread now: SunX against Polymarket Perps−0.037%7-day average +0.009% · 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−0.190%−$19 on $10k

Price spread, last 3 days (all we have)−0.036%−$4 · spread now −0.037%, 7d avg +0.009%

Together, before fees−0.226%−$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.046% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.009%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ASML-USD	1,721	0.0050	pay 0.0006% / 1h	39m 18s	$69K	$446K	10x
Short	SunX ASML-USDT	1,720.4	0	get 0.0000% / 8h	6h 39m	$784	$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 −0.037%Rate

Funding earned: −$10.5
Price spread: −0.037% → +0.009%: −$4.59
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$31.09
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 28 min ago; SunX: live order book, 4 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, 28 min ago	2.32 bp	6.3 bp −$6	6.3 bp −$63	11.9 bp −$1,189	doesn't fit
Sell SunX live order book, 4 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	1,720.7	−0.020%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,719.8	−0.069%	$873K	$125K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,721.9	+0.052%	$727K	$302K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,721.7	+0.038%	$1.1M	$670K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,721.7	+0.038%	$1.0M	$498K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,722.6	+0.094%	$327	$188K	10x	as long as short
SunX ASML-USDTshort	0.0000%	8h	1,720.4	−0.037%	$784	$1.1M	10x
HTX ASML-USDT	0.0000%	8h	1,725.2	+0.245%	$10K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,722.9	+0.110%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.091%	$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
Phoenix ASML	+0.0046%	1h	1,723.4	+0.139%	$827	$19K	10x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,719.9	−0.064%	$2.8M	$764K	10x	as long as short
Polymarket Perps ASML-USDlong	+0.0050%	1h	1,721	long leg	$69K	$446K	10x
KuCoin ASMLUSDTM	+0.0100%	8h	1,719.9	−0.063%	$216K	$319K	10x	as long as short
Binance ASMLUSDT	+0.0654%	8h	1,721.4	+0.024%	$3.5M	$3.2M	20x	as long as short
Extended ASML-USD	+0.0656%	1h	1,721.1	+0.006%	$6K	$342K	10x	as long as short
BloFin ASML-USDT	+0.0715%	8h	1,725.1	+0.239%	$47K	$101K	20x	as long as short