Funding you earn now, next payment 08:00 UTC+0.0316%/8h= +34.6% APRnext payment +$1.58 per $10,000 · paid last 24h +0.050%
Price spread now: Gate against Binance+0.222%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$1011.011% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.222%, 7d avg +0.112%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Gate is 0.109% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.112%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.169% in total (about 8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.58 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PROMUSDT | 4.8872 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $15.7M | $9.1M | 50x |
| Short | Gate PROM_USDT | 4.8980 | 0.0416 | get 0.0208% / 4h | 1h 03m | $744K | $1.2M | 50x |
Binance PROMUSDT
Gate PROM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $66.36
- Price spread: +0.222% → +0.112%
- $10.94
- Slippage, 4 orders
- −$76.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$23.83
- Costs to cover
- 1.011%
- Break-even
- 9.5 days
Slippage from Binance: live order book, 7 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 7 min ago | 1.03 bp | 13.5 bp −$14 | 47.0 bp −$470 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.04 bp | 31.5 bp −$31 | 141.5 bp −$1,415 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PROMUSDT | +0.0100% | 4h | 4.8871 | −0.002% | $135K | $15K | 5x | as long as short |
| Binance PROMUSDTlong | +0.0100% | 4h | 4.8872 | long leg | $15.7M | $9.1M | 50x | |
| MEXC PROM_USDT | +0.0100% | 4h | 4.8870 | −0.004% | $418K | $156K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.8907 | +0.072% | $1.1M | $98K | 30x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 4.8849 | −0.047% | $897 | — | 5x | as long as short |
| BloFin PROM-USDT | +0.0138% | 4h | 4.8880 | +0.017% | $801K | $290K | 50x | as long as short |
| BingX PROM-USDT | +0.0296% | 4h | 4.8920 | +0.099% | — | $1.5M | — | as long as short |
| Bitget PROMUSDT | +0.0342% | 4h | 4.8965 | +0.191% | $4.2M | $446K | 10x | as long as short |
| Gate PROM_USDTshort | +0.0416% | 4h | 4.8980 | +0.222% | $744K | $1.2M | 50x |
Aster PROMUSDT
MEXC PROM_USDT
KuCoin PROMUSDTM
Extended PROM-USD
BloFin PROM-USDT
BingX PROM-USDT
Bitget PROMUSDT