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

PROM

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.021%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$500.497% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.021%, 7d avg 0.000%
Together, before fees−0.230%−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.021% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PROMUSDT4.82500.0100pay 0.0050% / 4h3h 58m$15.5M$8.9M50x
ShortMEXC PROM_USDT4.82600.0100get 0.0050% / 4h3h 58m$404K$152K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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
$0
Price spread: +0.021% → 0.000%
$2.11
Slippage, 4 orders
−$35.68
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$47.57
Costs to cover
0.497%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 42 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 Binance live order book, 12 min ago1.03 bp13.8 bp −$1456.5 bp −$565doesn't fitdoesn't fit
Sell MEXC live order book, 42 min ago2.06 bp11.3 bp −$1149.2 bp −$492190.7 bp −$19.1K544.6 bp −$272.3K

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 PROMUSDT+0.0100%4h4.8249−0.003%$129K$20K5xas long as short
Binance PROMUSDTlong+0.0100%4h4.8250long leg$15.5M$8.9M50x
Gate PROM_USDT+0.0100%4h4.8270+0.041%$711K$947K50xas long as short
MEXC PROM_USDTshort+0.0100%4h4.8260+0.021%$404K$152K20x
KuCoin PROMUSDTM+0.0100%4h4.8311+0.126%$1.1M$86K30xas long as short
Extended PROM-USD+0.0104%1h4.8234−0.034%$8865xas long as short
BloFin PROM-USDT+0.0130%4h4.8270+0.041%$795K$284K50xas long as short
BingX PROM-USDT+0.0300%4h4.82500.000%$1.5Mas long as short
Bitget PROMUSDT+0.0316%4h4.8388+0.286%$4.2M$415K10xas long as short