Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against BingX+0.082%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1161.158% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now +0.082%, 7d avg +0.022%
=The price spread pays, funding is against you. KuCoin is 0.060% dearer against BingX than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of +0.022%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PROM-USDT | 4.9920 | 0.0100 | pay 0.0050% / 4h | 2h 26m | — | $1.4M | — |
| Short | KuCoin PROMUSDTM | 4.9961 | 0.0048 | get 0.0024% / 4h | 2h 26m | $1.1M | $77K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$10.92
- Price spread: +0.082% → +0.022%
- $6
- Slippage, 4 orders
- −$93.76
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$120.68
- Costs to cover
- 1.158%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; KuCoin: 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 BingX live order book, 10 min ago | 2.01 bp | 14.8 bp −$15 | 43.3 bp −$433 | 531.4 bp −$53.1K | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 14.31 bp | 39.3 bp −$39 | 159.0 bp −$1,590 | 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 | −0.0245% | 4h | 4.9929 | +0.018% | $134K | $22K | 5x | as long as short |
| BloFin PROM-USDT | +0.0002% | 4h | 4.9910 | −0.020% | $812K | $300K | 50x | as long as short |
| MEXC PROM_USDT | +0.0044% | 4h | 4.9950 | +0.060% | $423K | $157K | 20x | as long as short |
| Binance PROMUSDT | +0.0045% | 4h | 4.9953 | +0.066% | $16.2M | $8.1M | 50x | as long as short |
| Extended PROM-USD | +0.0048% | 1h | 4.9940 | +0.041% | $918 | — | 5x | as long as short |
| KuCoin PROMUSDTMshort | +0.0048% | 4h | 4.9961 | +0.082% | $1.1M | $77K | 30x | |
| Gate PROM_USDT | +0.0100% | 4h | 4.9970 | +0.100% | $771K | $910K | 50x | as long as short |
| Bitget PROMUSDT | +0.0100% | 4h | 5.0054 | +0.268% | $4.3M | $420K | 10x | as long as short |
| BingX PROM-USDTlong | +0.0100% | 4h | 4.9920 | long leg | — | $1.4M | — |
BingX PROM-USDT
KuCoin PROMUSDTM
Aster PROMUSDT
BloFin PROM-USDT
MEXC PROM_USDT
Binance PROMUSDT
Extended PROM-USD
Gate PROM_USDT
Bitget PROMUSDT