Funding arb · Price arb /

ASML

RWAall ASML markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h +0.014%

Price spread now: KuCoin against Polymarket Perps−0.127%7-day average −0.051% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.071%−$7 · spread now −0.127%, 7d avg −0.051%

Together, before fees−0.074%−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.076% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.051%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ASML-USD	1,725.2	0.0148	pay 0.0019% / 1h	37m 20s	$68K	$447K	10x
Short	KuCoin ASMLUSDTM	1,723	0.0100	get 0.0100% / 8h	4h 37m	$217K	$313K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.127%Rate

Funding earned: −$10.16
Price spread: −0.127% → −0.051%: −$7.59
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$37.75
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 20 min ago; KuCoin: live order book, 44 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, 20 min ago	3.19 bp	7.2 bp −$7	7.2 bp −$72	10.2 bp −$1,017	doesn't fit
Sell KuCoin live order book, 44 min ago	10.32 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	1,724.7	−0.031%	$14K	$12K	20x	as long as short
Bybit ASMLUSDT	0.0000%	8h	1,724.6	−0.038%	$873K	$126K	25x	as long as short
OKX ASML-USDT-SWAP	0.0000%	8h	1,724.7	−0.029%	$729K	$297K	20x	as long as short
Gate ASML_USDT	0.0000%	8h	1,724.8	−0.022%	$1.1M	$544K	50x	as long as short
Bitget ASMLUSDT	0.0000%	8h	1,724.6	−0.037%	$987K	$513K	20x	as long as short
GRVT ASML_USDT_Perp	0.0000%	8h	1,725.7	+0.030%	$311	$180K	10x	as long as short
SunX ASML-USDT	0.0000%	8h	1,722.6	−0.152%	$1K	$1.1M	10x	as long as short
HTX ASML-USDT	0.0000%	8h	1,727.9	+0.157%	$10K	$59K	20x	as long as short
Lighter ASML	+0.0032%	1h	1,727.1	+0.110%	$57K	$3K	10x	as long as short
Injective ASML/USDC PERP	+0.0033%	1h	1,702.2	−1.332%	$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
tradeXYZ xyz:ASML	+0.0050%	1h	1,723.8	−0.081%	$2.8M	$808K	10x	as long as short
Phoenix ASML	+0.0093%	1h	1,724.1	−0.064%	$827	$18K	10x	as long as short
KuCoin ASMLUSDTMshort	+0.0100%	8h	1,723	−0.127%	$217K	$313K	10x
Polymarket Perps ASML-USDlong	+0.0148%	1h	1,725.2	long leg	$68K	$447K	10x
BloFin ASML-USDT	+0.0254%	8h	1,725	−0.013%	$47K	$92K	20x	as long as short
Extended ASML-USD	+0.0264%	1h	1,724.7	−0.027%	$4K	$337K	10x	as long as short
Binance ASMLUSDT	+0.0267%	8h	1,725.2	−0.002%	$3.3M	$3.5M	20x	as long as short