Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against Binance+0.137%7-day average +0.222% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$670.670% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days+0.089%+$9 · spread now +0.137%, 7d avg +0.222%
=Funding pays, the price is against you. Bitget is 0.085% cheaper against Binance than usual: you would sell low and buy high (spread +0.137% now, against its 7-day average of +0.222%). If the spread goes back, that is −$8 on $10k: about 6.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.024% in total) that is about 24 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PROMUSDT | 5.0503 | 0.0100 | pay 0.0050% / 4h | 34m 45s | $16.4M | $8.2M | 50x |
| Short | Bitget PROMUSDT | 5.0572 | 0.0146 | get 0.0073% / 4h | 34m 45s | $4.3M | $408K | 10x |
Binance PROMUSDT
Bitget PROMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $9.66
- Price spread: +0.137% → +0.222%
- −$8.46
- Slippage, 4 orders
- −$45.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$65.81
- Costs to cover
- 0.670%
- Break-even
- 54.7 days
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 3 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, 6 min ago | 0.98 bp | 15.8 bp −$16 | 45.6 bp −$456 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.54 bp | 20.7 bp −$21 | 47.4 bp −$474 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PROM-USDT | +0.0093% | 4h | 5.0570 | +0.133% | $820K | $304K | 50x | as long as short |
| Aster PROMUSDT | +0.0100% | 4h | 5.0540 | +0.074% | $135K | $21K | 5x | as long as short |
| Binance PROMUSDTlong | +0.0100% | 4h | 5.0503 | long leg | $16.4M | $8.2M | 50x | |
| MEXC PROM_USDT | +0.0100% | 4h | 5.0500 | −0.005% | $425K | $155K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 5.0608 | +0.208% | $1.1M | $88K | 30x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 5.0525 | +0.045% | $931 | — | 5x | as long as short |
| BingX PROM-USDT | +0.0132% | 4h | 5.0540 | +0.074% | — | $1.4M | — | as long as short |
| Bitget PROMUSDTshort | +0.0146% | 4h | 5.0572 | +0.137% | $4.3M | $408K | 10x | |
| Gate PROM_USDT | +0.0410% | 4h | 5.0590 | +0.173% | $790K | $911K | 50x | as long as short |
BloFin PROM-USDT
Aster PROMUSDT
MEXC PROM_USDT
KuCoin PROMUSDTM
Extended PROM-USD
BingX PROM-USDT
Gate PROM_USDT