Funding you earn now, next payment 08:00 UTC+0.0205%/8h= +22.4% APRnext payment +$1.02 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against BloFin+0.237%55s7-day average +0.249% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as 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−$760.758% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.213%+$21 · spread now +0.237%, 7d avg +0.249%
=The price spread sits at its 7-day average of +0.249%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.02 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PROM-USDT | 4.8170 | 0.0123 | pay 0.0062% / 4h | 3h 32m | $790K | $284K | 50x |
| Short | Bitget PROMUSDT | 4.8284 | 0.0328 | get 0.0164% / 4h | 3h 32m | $4.2M | $412K | 10x |
BloFin PROM-USDT
Bitget PROMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $42.96
- Price spread: +0.237% → +0.249%
- −$1.23
- Slippage, 4 orders
- −$51.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.06
- Costs to cover
- 0.758%
- Break-even
- 12.5 days
Slippage from BloFin: live order book, 64 min ago; Bitget: live order book, 1 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, 64 min ago | 2.07 bp | 16.0 bp −$16 | 41.4 bp −$414 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.69 bp | 22.5 bp −$22 | 61.0 bp −$610 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PROMUSDT | +0.0100% | 4h | 4.8164 | −0.012% | $129K | $19K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 4.8187 | +0.035% | $15.5M | $9.0M | 50x | as long as short |
| Gate PROM_USDT | +0.0100% | 4h | 4.8180 | +0.021% | $709K | $967K | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 4.8200 | +0.062% | $415K | $155K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.8231 | +0.127% | $1.1M | $89K | 30x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 4.8169 | −0.002% | $886 | — | 5x | as long as short |
| BloFin PROM-USDTlong | +0.0123% | 4h | 4.8170 | long leg | $790K | $284K | 50x | |
| BingX PROM-USDT | +0.0322% | 4h | 4.8200 | +0.062% | — | $1.5M | — | as long as short |
| Bitget PROMUSDTshort | +0.0328% | 4h | 4.8284 | +0.237% | $4.2M | $412K | 10x |
Aster PROMUSDT
Binance PROMUSDT
Gate PROM_USDT
MEXC PROM_USDT
KuCoin PROMUSDTM
Extended PROM-USD
BingX PROM-USDT