Funding you earn now, next payment 04:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h +0.048%
Price spread now: Gate against Bitget−0.195%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1211.211% of the position
Funding, last 7 days+0.145%+$14 on $10k
+Price spread, last 7 days+0.126%+$13 · spread now −0.195%, 7d avg −0.106%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.088% cheaper against Bitget than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.106%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.145%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PROMUSDT | 4.9306 | 0.0124 | pay 0.0062% / 4h | 2h 11m | $4.2M | $422K | 10x |
| Short | Gate PROM_USDT | 4.9210 | 0.0100 | get 0.0050% / 4h | 2h 11m | $742K | $944K | 50x |
Bitget PROMUSDT
Gate PROM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$5.04
- Price spread: −0.195% → −0.106%
- −$8.84
- Slippage, 4 orders
- −$94.13
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$135.02
- Costs to cover
- 1.211%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 55 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, 1 min ago | 3.14 bp | 14.9 bp −$15 | 43.5 bp −$435 | doesn't fit | doesn't fit |
| Sell Gate live order book, 55 min ago | 1.99 bp | 36.6 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
PROM on 8 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 | +0.0100% | 4h | 4.9190 | −0.235% | $132K | $20K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 4.9168 | −0.281% | $15.7M | $8.6M | 50x | as long as short |
| Gate PROM_USDTshort | +0.0100% | 4h | 4.9210 | −0.195% | $742K | $944K | 50x | |
| MEXC PROM_USDT | +0.0100% | 4h | 4.9200 | −0.215% | $405K | $153K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.9271 | −0.071% | $1.1M | $85K | 30x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 4.9185 | −0.245% | $906 | — | 5x | as long as short |
| BingX PROM-USDT | +0.0116% | 4h | 4.9180 | −0.256% | — | $1.5M | — | as long as short |
| Bitget PROMUSDTlong | +0.0124% | 4h | 4.9306 | long leg | $4.2M | $422K | 10x |
Aster PROMUSDT
Binance PROMUSDT
MEXC PROM_USDT
KuCoin PROMUSDTM
Extended PROM-USD
BingX PROM-USDT