Funding you earn now, next payment 23:00 UTC−0.0077%/8h= −8.4% APRnext payment −$0.10 per $10,000 · paid last 24h +0.010%
Price spread now: Phoenix against Polymarket Perps−0.181%7-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 −$2 a day on $10k at the current rate, and Phoenix is 0.181% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ASML-USD | 1,716.5 | 0.0217 | pay 0.0027% / 1h | 18m 50s | $79K | $436K | 10x |
| Short | Phoenix ASML | 1,713.4 | 0.0140 | get 0.0017% / 1h | 18m 50s | $825 | $19K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$16.13
- Price spread: −0.181% → 0.000%
- −$18.06
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$49.19
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 59 min ago; Phoenix: no order-book sample. 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, 59 min ago | 3.21 bp | 7.2 bp −$7 | 7.2 bp −$72 | 9.8 bp −$985 | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 | 1,714.7 | −0.103% | $14K | $12K | 20x | as long as short |
| Bybit ASMLUSDT | 0.0000% | 8h | 1,714.9 | −0.091% | $879K | $126K | 25x | as long as short |
| OKX ASML-USDT-SWAP | 0.0000% | 8h | 1,715.2 | −0.076% | $723K | $308K | 20x | as long as short |
| Gate ASML_USDT | 0.0000% | 8h | 1,716.2 | −0.020% | $1.1M | $693K | 50x | as long as short |
| Bitget ASMLUSDT | 0.0000% | 8h | 1,716.1 | −0.024% | $1.0M | $504K | 20x | as long as short |
| SunX ASML-USDT | 0.0000% | 8h | 1,715.1 | −0.080% | $1K | $1.2M | 10x | as long as short |
| HTX ASML-USDT | 0.0000% | 8h | 1,717.1 | +0.035% | $10K | $59K | 20x | as long as short |
| Lighter ASML | +0.0032% | 1h | 1,719.1 | +0.151% | $57K | $3K | 10x | as long as short |
| Injective ASML/USDC PERP | +0.0033% | 1h | 1,702.2 | −0.832% | $11K | $37K | 12x | as long as short |
| tradeXYZ xyz:ASML | +0.0050% | 1h | 1,714.5 | −0.117% | $2.8M | $798K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ASMLUSDTM | +0.0100% | 8h | 1,714.6 | −0.109% | $214K | $322K | 10x | as long as short |
| Phoenix ASMLshort | +0.0140% | 1h | 1,713.4 | −0.181% | $825 | $19K | 10x | |
| Polymarket Perps ASML-USDlong | +0.0217% | 1h | 1,716.5 | long leg | $79K | $436K | 10x | |
| Extended ASML-USD | +0.0800% | 1h | 1,715.9 | −0.034% | $4K | $237K | 10x | as long as short |
| Binance ASMLUSDT | +0.0805% | 8h | 1,716.2 | −0.015% | $3.5M | $3.1M | 20x | as long as short |
| BloFin ASML-USDT | +0.0826% | 8h | 1,715.8 | −0.043% | $46K | $100K | 20x | as long as short |
| GRVT ASML_USDT_Perp | +0.0897% | 8h | 1,715.9 | −0.037% | $498 | $200K | 10x | as long as short |
Polymarket Perps ASML-USD
Phoenix ASML
Aster ASMLUSDT
Bybit ASMLUSDT
OKX ASML-USDT-SWAP
Gate ASML_USDT
Bitget ASMLUSDT
SunX ASML-USDT
HTX ASML-USDT
Lighter ASML
Injective ASML/USDC PERP
tradeXYZ xyz:ASML
KuCoin ASMLUSDTM
Extended ASML-USD
Binance ASMLUSDT
BloFin ASML-USDT
GRVT ASML_USDT_Perp