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+0.0992%/8h= +108.6% APRnext payment +$4.96 per $10,000 · paid last 24h +0.077%
Price spread now: Gate against Aster+0.214%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1301.297% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.398%+$40 on $10k
Price spread, last 4 days (all we have)−0.557%−$56 · spread now +0.214%, 7d avg +0.068%
Together, before fees−0.159%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Gate is 0.146% dearer against Aster than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.068%.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.398% in total (about 26.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.96 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 PROMUSDT4.87760.0100pay 0.0050% / 4h3h 09m$131K$19K5x
ShortGate PROM_USDT4.88800.1092get 0.0546% / 4h3h 09m$732K$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$208.32
Price spread: +0.214% → +0.068%
$14.64
Slippage, 4 orders
−$106.73
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$93.23
Costs to cover
1.297%
Break-even
3.9 days
Slippage from Aster: live order book, 42 min ago; Gate: live order book, 3 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, 42 min ago9.34 bp20.0 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago2.04 bp46.0 bp −$461476.5 bp −$14.8Kdoesn't fitdoesn't fit

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
Aster PROMUSDTlong+0.0100%4h4.8776long leg$131K$19K5x
Binance PROMUSDT+0.0100%4h4.8760−0.032%$15.7M$9.1M50xas long as short
MEXC PROM_USDT+0.0100%4h4.8750−0.052%$418K$157K20xas long as short
KuCoin PROMUSDTM+0.0100%4h4.8873+0.200%$1.1M$90K30xas long as short
Extended PROM-USD+0.0104%1h4.8779+0.006%$8995xas long as short
BloFin PROM-USDT+0.0105%4h4.8740−0.073%$801K$287K50xas long as short
BingX PROM-USDT+0.0438%4h4.8810+0.071%$1.5Mas long as short
Bitget PROMUSDT+0.0508%4h4.8879+0.212%$4.2M$428K10xas long as short
Gate PROM_USDTshort+0.1092%4h4.8880+0.214%$732K$1.0M50x