Funding you earn now, next payment 12:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against BloFin+0.083%94s7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as 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−$530.528% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.083%, 7d avg +0.044%
=The price spread pays, funding is against you. MEXC is 0.039% dearer against BloFin than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of +0.044%): +$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 3.2 days. At the pace of the last 7 days (−0.011% in total) that is about 24 days. The two prices were read 94 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 | 4.8350 | 0.0140 | pay 0.0070% / 4h | 3h 51m | $802K | $287K | 50x |
| Short | MEXC PROM_USDT | 4.8390 | 0.0100 | get 0.0050% / 4h | 3h 51m | $413K | $151K | 20x |
BloFin PROM-USDT
MEXC PROM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$8.43
- Price spread: +0.083% → +0.044%
- $3.89
- Slippage, 4 orders
- −$36.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$57.33
- Costs to cover
- 0.528%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 25 min ago; MEXC: live order book, 29 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, 25 min ago | 3.08 bp | 9.1 bp −$9 | 26.8 bp −$268 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 29 min ago | 1.03 bp | 11.0 bp −$11 | 39.8 bp −$398 | 210.9 bp −$21.1K | 591.2 bp −$295.6K |
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 | 4.8462 | +0.231% | $133K | $16K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 4.8389 | +0.081% | $15.5M | $9.3M | 50x | as long as short |
| Gate PROM_USDT | +0.0100% | 4h | 4.8370 | +0.041% | $726K | $1.1M | 50x | as long as short |
| MEXC PROM_USDTshort | +0.0100% | 4h | 4.8390 | +0.083% | $413K | $151K | 20x | |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.8422 | +0.149% | $1.1M | $104K | 30x | as long as short |
| Bitget PROMUSDT | +0.0100% | 4h | 4.8464 | +0.236% | $4.2M | $470K | 10x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 4.8407 | +0.118% | $889 | — | 5x | as long as short |
| BingX PROM-USDT | +0.0106% | 4h | 4.8420 | +0.145% | — | $1.6M | — | as long as short |
| BloFin PROM-USDTlong | +0.0140% | 4h | 4.8350 | long leg | $802K | $287K | 50x |
Aster PROMUSDT
Binance PROMUSDT
Gate PROM_USDT
KuCoin PROMUSDTM
Bitget PROMUSDT
Extended PROM-USD
BingX PROM-USDT