Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.017%

Price spread now: Polymarket Perps against Bybit+0.043%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$580.584% of the position

Long on Bybit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.173%+$17 on $10k

Price spread, last 4 days (all we have)+0.125%+$13 · spread now +0.043%, 7d avg +0.005%

Together, before fees+0.298%+$30 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 0.038% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ASMLUSDT	1,704.4	0	get 0.0000% / 8h	1h 29m	$864K	$108K	25x
Short	Polymarket Perps ASML-USD	1,705.1	0.0050	get 0.0006% / 1h	29m 55s	$67K	$448K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bybit. 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 BybitbpFee Polymarket PerpsbpOrdersPrice spread, now +0.043%Rate

Funding earned: $10.5
Price spread: +0.043% → +0.005%: $3.81
Slippage, 4 orders: −$39.39
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$44.08
Costs to cover: 0.584%
Break-even: 36.4 days

Slippage from Bybit: live order book, 10 min ago; Polymarket Perps: live order book, 12 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 Bybit live order book, 10 min ago	6.53 bp	13.6 bp −$14	130.3 bp −$1,303	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 12 min ago	2.93 bp	8.1 bp −$8	8.1 bp −$81	9.7 bp −$968	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	1,704.4	+0.004%	$14K	$12K	20x	as long as short
Extended ASML-USD	0.0000%	1h	1,705.6	+0.074%	$8K	$241K	10x	as long as short
Binance ASMLUSDT	0.0000%	8h	1,706	+0.098%	$3.2M	$3.7M	20x	as long as short
Bybit ASMLUSDTlong	0.0000%	8h	1,704.4	long leg	$864K	$108K	25x
OKX ASML-USDT-SWAP	0.0000%	8h	1,705.8	+0.084%	$723K	$307K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,705	+0.038%	$1.1M	$527K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,705.4	+0.059%	$977K	$539K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,705.5	+0.064%	$358	$174K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,705.5	+0.064%	$1K	$1.0M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,703	−0.082%	$10K	$62K	20x	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	+0.0014%	8h	1,705.6	+0.074%	$47K	$91K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,705.9	+0.090%	$56K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.126%	$11K	$37K	12x	as long as short
Phoenix ASML	+0.0047%	1h	1,703.7	−0.039%	$818	$17K	10x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,704.4	+0.002%	$2.8M	$843K	10x	as long as short
Polymarket Perps ASML-USDshort	+0.0050%	1h	1,705.1	+0.043%	$67K	$448K	10x
KuCoin ASMLUSDTM	+0.0100%	8h	1,703.9	−0.028%	$215K	$294K	10x	as long as short