Funding you earn now, next payment 00:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against BingX−0.160%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$590.594% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 3 days (all we have)−0.058%−$6 · spread now −0.160%, 7d avg −0.078%
=Funding pays, the price is against you. BloFin is 0.083% cheaper against BingX than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of −0.078%). If the spread goes back, that is −$8 on $10k: about 6.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PROM-USDT | 4.9870 | 0.0100 | pay 0.0050% / 4h | 1h 42m | — | $1.4M | — |
| Short | BloFin PROM-USDT | 4.9790 | 0.0143 | get 0.0072% / 4h | 1h 42m | $813K | $299K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $9.11
- Price spread: −0.160% → −0.078%
- −$8.29
- Slippage, 4 orders
- −$37.39
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$58.57
- Costs to cover
- 0.594%
- Break-even
- 52.0 days
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 39 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 BingX live order book, 4 min ago | 2.01 bp | 15.2 bp −$15 | 38.1 bp −$381 | 507.6 bp −$50.8K | 833.8 bp −$416.9K |
| Sell BloFin live order book, 39 min ago | 3.00 bp | 16.6 bp −$17 | 30.8 bp −$308 | 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 | −0.0111% | 4h | 4.9844 | −0.052% | $133K | $21K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 4.9870 | −0.001% | $16.2M | $8.1M | 50x | as long as short |
| Gate PROM_USDT | +0.0100% | 4h | 4.9890 | +0.040% | $768K | $902K | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 4.9860 | −0.020% | $422K | $154K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.9862 | −0.016% | $1.1M | $76K | 30x | as long as short |
| Bitget PROMUSDT | +0.0100% | 4h | 4.9894 | +0.048% | $4.3M | $420K | 10x | as long as short |
| BingX PROM-USDTlong | +0.0100% | 4h | 4.9870 | long leg | — | $1.4M | — | |
| Extended PROM-USD | +0.0104% | 1h | 4.9862 | −0.017% | $918 | — | 5x | as long as short |
| BloFin PROM-USDTshort | +0.0143% | 4h | 4.9790 | −0.160% | $813K | $299K | 50x |
BingX PROM-USDT
BloFin PROM-USDT
Aster PROMUSDT
Binance PROMUSDT
Gate PROM_USDT
MEXC PROM_USDT
KuCoin PROMUSDTM
Bitget PROMUSDT
Extended PROM-USD