Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against Binance−0.020%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$660.661% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now −0.020%, 7d avg +0.040%
=Funding pays, the price is against you. BingX is 0.060% cheaper against Binance than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.040%). If the spread goes back, that is −$6 on $10k: about 40 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.013% in total) that is about 31 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PROMUSDT | 4.9800 | −0.0020 | get 0.0010% / 4h | 2h 53m | $16.2M | $8.2M | 50x |
| Short | BingX PROM-USDT | 4.9790 | 0.0100 | get 0.0050% / 4h | 2h 53m | — | $1.4M | — |
Binance PROMUSDT
BingX PROM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $25.17
- Price spread: −0.020% → +0.040%
- −$5.97
- Slippage, 4 orders
- −$46.14
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$46.93
- Costs to cover
- 0.661%
- Break-even
- 20.1 days
Slippage from Binance: live order book, 3 min ago; BingX: 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 Binance live order book, 3 min ago | 3.00 bp | 15.6 bp −$16 | 60.4 bp −$604 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.00 bp | 21.2 bp −$21 | 49.4 bp −$494 | 423.3 bp −$42.3K | 727.0 bp −$363.5K |
PROM on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PROM_USDT | −0.0762% | 4h | 4.9820 | +0.040% | $770K | $901K | 50x | as long as short |
| Aster PROMUSDT | −0.0314% | 4h | 4.9856 | +0.113% | $133K | $22K | 5x | as long as short |
| Binance PROMUSDTlong | −0.0020% | 4h | 4.9800 | long leg | $16.2M | $8.2M | 50x | |
| MEXC PROM_USDT | −0.0018% | 4h | 4.9790 | −0.020% | $420K | $155K | 20x | as long as short |
| Extended PROM-USD | −0.0016% | 1h | 4.9795 | −0.010% | $918 | — | 5x | as long as short |
| KuCoin PROMUSDTM | −0.0012% | 4h | 4.9831 | +0.062% | $1.1M | $78K | 30x | as long as short |
| BloFin PROM-USDT | +0.0007% | 4h | 4.9770 | −0.060% | $814K | $299K | 50x | as long as short |
| Bitget PROMUSDT | +0.0100% | 4h | 4.9860 | +0.120% | $4.3M | $436K | 10x | as long as short |
| BingX PROM-USDTshort | +0.0100% | 4h | 4.9790 | −0.020% | — | $1.4M | — |
Gate PROM_USDT
Aster PROMUSDT
MEXC PROM_USDT
Extended PROM-USD
KuCoin PROMUSDTM
BloFin PROM-USDT
Bitget PROMUSDT