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

PROM

all PROM markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.059%−$6 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PROM-USDT4.98700.0100pay 0.0050% / 4h1h 42m$1.4M
ShortBloFin PROM-USDT4.97900.0143get 0.0072% / 4h1h 42m$813K$299K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago2.01 bp15.2 bp −$1538.1 bp −$381507.6 bp −$50.8K833.8 bp −$416.9K
Sell BloFin live order book, 39 min ago3.00 bp16.6 bp −$1730.8 bp −$308doesn't fitdoesn't fit

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−0.0111%4h4.9844−0.052%$133K$21K5xas long as short
Binance PROMUSDT+0.0100%4h4.9870−0.001%$16.2M$8.1M50xas long as short
Gate PROM_USDT+0.0100%4h4.9890+0.040%$768K$902K50xas long as short
MEXC PROM_USDT+0.0100%4h4.9860−0.020%$422K$154K20xas long as short
KuCoin PROMUSDTM+0.0100%4h4.9862−0.016%$1.1M$76K30xas long as short
Bitget PROMUSDT+0.0100%4h4.9894+0.048%$4.3M$420K10xas long as short
BingX PROM-USDTlong+0.0100%4h4.9870long leg$1.4M
Extended PROM-USD+0.0104%1h4.9862−0.017%$9185xas long as short
BloFin PROM-USDTshort+0.0143%4h4.9790−0.160%$813K$299K50x