Funding you earn now, next payment 04:00 UTC−0.0090%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h −0.013%
Price spread now: Polymarket Perps against Phoenix−0.093%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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 0.093% cheaper against Phoenix than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | Phoenix ASML | 1,713.6 | 0.0140 | pay 0.0017% / 1h | 21m 40s | $820 | $19K | 10x |
| Short | Polymarket Perps ASML-USD | 1,712 | 0.0050 | get 0.0006% / 1h | 21m 40s | $67K | $447K | 10x |
Phoenix ASML
Polymarket Perps ASML-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Phoenix. 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
- −$18.81
- Price spread: −0.093% → 0.000%
- −$9.34
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$43.15
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Polymarket Perps: live order book, 31 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 31 min ago | 3.20 bp | 7.2 bp −$7 | 8.1 bp −$81 | 10.2 bp −$1,023 | doesn't fit |
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 | 1,711 | −0.150% | $14K | $12K | 20x | as long as short |
| Bybit ASMLUSDT | 0.0000% | 8h | 1,711.3 | −0.133% | $865K | $133K | 25x | as long as short |
| OKX ASML-USDT-SWAP | 0.0000% | 8h | 1,711.3 | −0.134% | $726K | $305K | 20x | as long as short |
| Gate ASML_USDT | 0.0000% | 8h | 1,711.5 | −0.120% | $1.1M | $544K | 50x | as long as short |
| Bitget ASMLUSDT | 0.0000% | 8h | 1,711.6 | −0.117% | $982K | $515K | 20x | as long as short |
| GRVT ASML_USDT_Perp | 0.0000% | 8h | 1,713.9 | +0.015% | $326 | $177K | 10x | as long as short |
| SunX ASML-USDT | 0.0000% | 8h | 1,710.9 | −0.157% | $1K | $1.1M | 10x | as long as short |
| HTX ASML-USDT | 0.0000% | 8h | 1,709.9 | −0.215% | $10K | $62K | 20x | as long as short |
| Lighter ASML | +0.0032% | 1h | 1,713 | −0.035% | $56K | $3K | 10x | as long as short |
| Injective ASML/USDC PERP | +0.0033% | 1h | 1,702.2 | −0.664% | $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 | 1,711.1 | −0.146% | $2.8M | $847K | 10x | as long as short |
| Polymarket Perps ASML-USDshort | +0.0050% | 1h | 1,712 | −0.093% | $67K | $447K | 10x | |
| Extended ASML-USD | +0.0072% | 1h | 1,711.2 | −0.142% | $5K | $225K | 10x | as long as short |
| Binance ASMLUSDT | +0.0074% | 8h | 1,711.6 | −0.115% | $3.3M | $3.5M | 20x | as long as short |
| BloFin ASML-USDT | +0.0097% | 8h | 1,713.8 | +0.012% | $47K | $91K | 20x | as long as short |
| KuCoin ASMLUSDTM | +0.0100% | 8h | 1,711.1 | −0.146% | $215K | $307K | 10x | as long as short |
| Phoenix ASMLlong | +0.0140% | 1h | 1,713.6 | long leg | $820 | $19K | 10x |
tradeXYZ xyz:ASML
Extended ASML-USD
Binance ASMLUSDT
BloFin ASML-USDT
KuCoin ASMLUSDTM