Funding you earn now, next payment 04:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against BloFin+0.156%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1191.194% of the position
Funding, last 7 days−0.167%−$17 on $10k
+Price spread, last 4 days (all we have)+0.415%+$42 · spread now +0.156%, 7d avg +0.117%
=The price spread pays, funding is against you. KuCoin is 0.039% dearer against BloFin than usual: you sell high and buy low (spread +0.156% now, against its 7-day average of +0.117%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.6 days. At the pace of the last 7 days (−0.167% in total) that is about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PROM-USDT | 4.8740 | 0.0123 | pay 0.0062% / 4h | 1h 12m | $799K | $287K | 50x |
| Short | KuCoin PROMUSDTM | 4.8816 | 0.0100 | get 0.0050% / 4h | 1h 12m | $1.1M | $86K | 30x |
BloFin PROM-USDT
KuCoin PROMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$4.88
- Price spread: +0.156% → +0.117%
- $3.88
- Slippage, 4 orders
- −$95.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$120.39
- Costs to cover
- 1.194%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 29 min ago; KuCoin: 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, 29 min ago | 2.05 bp | 13.9 bp −$14 | 37.4 bp −$374 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 10.66 bp | 47.9 bp −$48 | 314.9 bp −$3,149 | 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 | 4.8763 | +0.048% | $131K | $20K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 4.8740 | 0.000% | $15.6M | $8.7M | 50x | as long as short |
| Gate PROM_USDT | +0.0100% | 4h | 4.8780 | +0.082% | $724K | $958K | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 4.8740 | 0.000% | $409K | $154K | 20x | as long as short |
| KuCoin PROMUSDTMshort | +0.0100% | 4h | 4.8816 | +0.156% | $1.1M | $86K | 30x | |
| Bitget PROMUSDT | +0.0100% | 4h | 4.8839 | +0.203% | $4.2M | $419K | 10x | as long as short |
| BingX PROM-USDT | +0.0100% | 4h | 4.8760 | +0.041% | — | $1.5M | — | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 4.8726 | −0.028% | $897 | — | 5x | as long as short |
| BloFin PROM-USDTlong | +0.0123% | 4h | 4.8740 | long leg | $799K | $287K | 50x |
Aster PROMUSDT
Binance PROMUSDT
Gate PROM_USDT
MEXC PROM_USDT
Bitget PROMUSDT
BingX PROM-USDT
Extended PROM-USD