Funding you earn now, next payment 04:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.05 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against BloFin−0.060%96s7-day average +0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as 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−$680.685% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.250%+$25 · spread now −0.060%, 7d avg +0.076%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.136% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.076%). Swap the legs. The two prices were read 96 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 | BloFin PROM-USDT | 5.0130 | 0.0111 | pay 0.0055% / 4h | 3h 39m | $815K | $301K | 50x |
| Short | BingX PROM-USDT | 5.0100 | 0.0100 | get 0.0050% / 4h | 3h 39m | — | $1.4M | — |
BloFin PROM-USDT
BingX PROM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$2.3
- Price spread: −0.060% → +0.076%
- −$13.62
- Slippage, 4 orders
- −$46.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$84.37
- Costs to cover
- 0.685%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 32 min ago; BingX: live order book, 2 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 BloFin live order book, 32 min ago | 3.98 bp | 16.2 bp −$16 | 29.0 bp −$290 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 2.99 bp | 16.6 bp −$17 | 38.8 bp −$388 | 403.0 bp −$40.3K | 756.4 bp −$378.2K |
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 | +0.0100% | 4h | 5.0095 | −0.071% | $134K | $21K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 5.0082 | −0.095% | $16.2M | $8.4M | 50x | as long as short |
| Gate PROM_USDT | +0.0100% | 4h | 5.0110 | −0.040% | $782K | $906K | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 5.0080 | −0.100% | $417K | $153K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 5.0172 | +0.084% | $1.1M | $88K | 30x | as long as short |
| Bitget PROMUSDT | +0.0100% | 4h | 5.0200 | +0.140% | $4.3M | $421K | 10x | as long as short |
| BingX PROM-USDTshort | +0.0100% | 4h | 5.0100 | −0.060% | — | $1.4M | — | |
| Extended PROM-USD | +0.0104% | 1h | 5.0068 | −0.124% | $922 | — | 5x | as long as short |
| BloFin PROM-USDTlong | +0.0111% | 4h | 5.0130 | long leg | $815K | $301K | 50x |
Aster PROMUSDT
Binance PROMUSDT
Gate PROM_USDT
MEXC PROM_USDT
KuCoin PROMUSDTM
Bitget PROMUSDT
Extended PROM-USD