Settings8H · net · $10k
Funding arb · Price arb /

PROM

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0506%/8h= +55.4% APRnext payment +$2.53 per $10,000 · paid last 24h +0.039%
Price spread now: BingX against Aster−0.018%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$830.831% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.273%+$27 on $10k
Price spread, last 4 days (all we have)−0.302%−$30 · spread now −0.018%, 7d avg −0.001%
Together, before fees−0.028%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.273% in total (about 18.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PROMUSDT4.86390.0100pay 0.0050% / 4h2h 43m$130K$13K5x
ShortBingX PROM-USDT4.86300.0606get 0.0303% / 4h2h 43m$1.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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

Funding earned
$106.26
Price spread: −0.018% → −0.001%
−$1.74
Slippage, 4 orders
−$65.14
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$21.39
Costs to cover
0.831%
Break-even
5.6 days
Slippage from Aster: live order book, 2 min ago; BingX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 2 min ago10.27 bp26.6 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago2.03 bp13.8 bp −$1434.3 bp −$343453.5 bp −$45.3K806.4 bp −$403.2K

PROM on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PROM-USDT+0.0087%4h4.8720+0.167%$805K$288K50xas long as short
Aster PROMUSDTlong+0.0100%4h4.8639long leg$130K$13K5x
Binance PROMUSDT+0.0100%4h4.8535−0.213%$15.6M$9.1M50xas long as short
MEXC PROM_USDT+0.0100%4h4.8520−0.244%$412K$153K20xas long as short
Extended PROM-USD+0.0104%1h4.8522−0.239%$8935xas long as short
KuCoin PROMUSDTM+0.0148%4h4.8627−0.024%$1.1M$90K30xas long as short
Bitget PROMUSDT+0.0604%4h4.8634−0.010%$4.2M$426K10xas long as short
BingX PROM-USDTshort+0.0606%4h4.8630−0.018%$1.5M
Gate PROM_USDT+0.1128%4h4.8650+0.023%$717K$1.1M50xas long as short