Funding you earn now, next payment 00:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.53 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Bitget−0.292%75s7-day average −0.244% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$660.659% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)−0.310%−$31 · spread now −0.292%, 7d avg −0.244%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.048% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.244%). Swap the legs. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PROMUSDT | 4.9916 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $4.3M | $436K | 10x |
| Short | BloFin PROM-USDT | 4.9770 | −0.0006 | pay 0.0003% / 4h | 2h 50m | $814K | $299K | 50x |
Bitget PROMUSDT
BloFin PROM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$22.19
- Price spread: −0.292% → −0.244%
- −$4.82
- Slippage, 4 orders
- −$41.95
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$92.96
- Costs to cover
- 0.659%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 36 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 Bitget live order book, 3 min ago | 3.11 bp | 22.9 bp −$23 | 62.4 bp −$624 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 36 min ago | 2.98 bp | 14.1 bp −$14 | 27.3 bp −$273 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PROM_USDT | −0.0594% | 4h | 4.9920 | +0.008% | $771K | $902K | 50x | as long as short |
| Aster PROMUSDT | −0.0320% | 4h | 4.9894 | −0.043% | $134K | $22K | 5x | as long as short |
| Extended PROM-USD | −0.0016% | 1h | 4.9896 | −0.040% | $918 | — | 5x | as long as short |
| Binance PROMUSDT | −0.0015% | 4h | 4.9904 | −0.025% | $16.2M | $8.2M | 50x | as long as short |
| MEXC PROM_USDT | −0.0014% | 4h | 4.9900 | −0.032% | $421K | $155K | 20x | as long as short |
| KuCoin PROMUSDTM | −0.0006% | 4h | 4.9910 | −0.012% | $1.1M | $78K | 30x | as long as short |
| BloFin PROM-USDTshort | −0.0006% | 4h | 4.9770 | −0.292% | $814K | $299K | 50x | |
| Bitget PROMUSDTlong | +0.0100% | 4h | 4.9916 | long leg | $4.3M | $436K | 10x | |
| BingX PROM-USDT | +0.0100% | 4h | 4.9930 | +0.028% | — | $1.4M | — | as long as short |
Gate PROM_USDT
Aster PROMUSDT
Extended PROM-USD
Binance PROMUSDT
MEXC PROM_USDT
KuCoin PROMUSDTM
BingX PROM-USDT