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

PROM

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BitgetPROMUSDT
5.2845+0.0100pay 0.0050% / 4h8m 25s$1.9M$310K10xLong Bitget
SHORT
AsterPROMUSDT
5.2885−0.0754pay 0.0377% / 4h8m 25s$185K$105K5xShort Aster≤10% back
Price gap+0.077%
Funding gap−0.0854% /8h

The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $26 a day and eats that in about 3 hours. At the last 7 days' pace that is about 11 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$45−0.0854% /8h now · paid −0.454% over the last 7D
Price+$3spread +0.077% now, avg +0.046% → +0.031% if it goes back
Costs−$1141.142% of $10k · taker + slippage, in and out
Result−$156−1.56%+ Points / potential airdropAster: Stage 5 · farm board

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.454% in total, about −0.0216%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.077%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PROM on 9 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Thin at this size35.6 / 26.0 bp
    At $10k entering Bitget costs 35.6 bp, fee and slippage, 1.4× Aster’s.
  • Note: Margin at max leverage$1,000 + $2,000
    Bitget 10x, Aster 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$25.63Long Bitget: 6 payments, −$3.00; short Aster: 6 payments, −$22.63.
  • OK: Entry gap works for you+0.077% vs +0.046%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$185K vs $1.9M OI
    Aster sets your exit cost. Check its book before closing.
  • OK: Points on a legAster Stage 5
    Volume here counts toward the points program.
  • Watch: KYCBitget Yes · Aster No
    KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0216%/8h × 21 periods−$45.35
Price spread+0.077% → +0.046% (7d avg)+$3.06
Slippage, 4 orderslive order books−$94.18
Fee Bitget bp × 2 orders−$12.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$156.47
Costs to cover1.142%Break-evennever at this rate
Slippage: Bitget: live order book, 3 min ago; Aster: live order book, 34 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBitget3.8835.6 bp−$36190.8 bp−$1,908doesn’t fitdoesn’t fit
SELL · SHORTAster11.4026.0 bp−$26doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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