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

PROM

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against Bitget−0.201%7-day average −0.222% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$740.742% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 7 days−0.040%−$4 · spread now −0.201%, 7d avg −0.222%
Together, before fees−0.065%−$6 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: Binance is 0.021% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.222%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PROMUSDT5.02310.0100pay 0.0050% / 4h3h 20m$4.3M$392K10x
ShortBinance PROMUSDT5.01300.0100get 0.0050% / 4h3h 20m$16.2M$8.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: −0.201% → −0.222%
$2.09
Slippage, 4 orders
−$52.22
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$72.13
Costs to cover
0.742%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 5 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 Bitget live order book, 2 min ago2.19 bp27.2 bp −$2759.7 bp −$597doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago1.00 bp16.0 bp −$1646.1 bp −$461doesn'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+0.0100%4h5.0130−0.201%$134K$20K5xas long as short
Binance PROMUSDTshort+0.0100%4h5.0130−0.201%$16.2M$8.3M50x
Gate PROM_USDT+0.0100%4h5.0150−0.161%$782K$914K50xas long as short
MEXC PROM_USDT+0.0100%4h5.0120−0.221%$418K$154K20xas long as short
KuCoin PROMUSDTM+0.0100%4h5.0209−0.044%$1.1M$81K30xas long as short
Bitget PROMUSDTlong+0.0100%4h5.0231long leg$4.3M$392K10x
BingX PROM-USDT+0.0100%4h5.0130−0.201%$1.5Mas long as short
Extended PROM-USD+0.0104%1h5.0113−0.236%$9225xas long as short
BloFin PROM-USDT+0.0115%4h5.0140−0.181%$818K$299K50xas long as short