Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.018%

Price spread now: Bitget against Polymarket Perps+0.051%50s7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$480.477% of the position

Long on Polymarket Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 3 days (all we have)−0.325%−$33 · spread now +0.051%, 7d avg +0.025%

Together, before fees−0.392%−$39 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.026% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of +0.025%): +$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 41 hours. The two prices were read 50 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	1,712.4	0.0050	pay 0.0006% / 1h	6m 41s	$88K	$426K	10x
Short	Bitget ASMLUSDT	1,713.3	0	get 0.0000% / 8h	2h 06m	$1.0M	$578K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.051%Rate

Funding earned: −$10.5
Price spread: +0.051% → +0.025%: $2.57
Slippage, 4 orders: −$27.73
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$55.67
Costs to cover: 0.477%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 16 min ago; Bitget: live order book, 9 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, 16 min ago	3.50 bp	8.0 bp −$8	9.9 bp −$99	doesn't fit	doesn't fit
Sell Bitget live order book, 9 min ago	2.04 bp	16.9 bp −$17	42.7 bp −$427	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	1,712.1	−0.015%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,713.4	+0.058%	$878K	$129K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,711.7	−0.041%	$720K	$320K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,712.6	+0.010%	$1.1M	$716K	50x	as long as short
Bitget ASMLUSDTshort	0.0000%	8h	1,713.3	+0.051%	$1.0M	$578K	20x
SunX ASML-USDT	0.0000%	8h	1,712.4	0.000%	$1K	$1.3M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,712.3	−0.004%	$10K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,715.2	+0.164%	$56K	$4K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−0.594%	$11K	$37K	12x	as long as short
tradeXYZ xyz:ASML	+0.0050%	1h	1,711.5	−0.053%	$2.8M	$861K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ASML-USDlong	+0.0050%	1h	1,712.4	long leg	$88K	$426K	10x
KuCoin ASMLUSDTM	+0.0100%	8h	1,711.8	−0.037%	$214K	$334K	10x	as long as short
Phoenix ASML	+0.0140%	1h	1,712.2	−0.012%	$819	$18K	10x	as long as short
BloFin ASML-USDT	+0.0439%	8h	1,712.9	+0.028%	$46K	$103K	20x	as long as short
Binance ASMLUSDT	+0.0445%	8h	1,712.6	+0.013%	$3.5M	$3.2M	20x	as long as short
Extended ASML-USD	+0.0448%	1h	1,712.4	0.000%	$4K	$237K	10x	as long as short
GRVT ASML_USDT_Perp	+0.0705%	8h	1,713	+0.033%	$565	$206K	10x	as long as short