Funding you earn now, next payment 00:00 UTC−0.0138%/8h= −15.1% APRnext payment −$0.69 per $10,000 · paid last 24h −0.057%
Price spread now: Binance against Gate−0.020%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1051.053% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 7 days−0.138%−$14 · spread now −0.020%, 7d avg −0.115%
=The price spread pays, funding is against you. Binance is 0.095% dearer against Gate than usual: you sell high and buy low (spread −0.020% now, against its 7-day average of −0.115%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PROM_USDT | 5.0310 | 0.0238 | pay 0.0119% / 4h | 10m 33s | $785K | $930K | 50x |
| Short | Binance PROMUSDT | 5.0300 | 0.0100 | get 0.0050% / 4h | 10m 33s | $16.3M | $8.4M | 50x |
Gate PROM_USDT
Binance PROMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$28.98
- Price spread: −0.020% → −0.115%
- $9.54
- Slippage, 4 orders
- −$80.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$124.71
- Costs to cover
- 1.053%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 15 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 Gate live order book, 1 min ago | 2.98 bp | 38.4 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.00 bp | 16.2 bp −$16 | 49.0 bp −$490 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PROM-USDT | +0.0092% | 4h | 5.0280 | −0.060% | $817K | $303K | 50x | as long as short |
| Aster PROMUSDT | +0.0100% | 4h | 5.0307 | −0.007% | $135K | $21K | 5x | as long as short |
| Binance PROMUSDTshort | +0.0100% | 4h | 5.0300 | −0.020% | $16.3M | $8.4M | 50x | |
| MEXC PROM_USDT | +0.0100% | 4h | 5.0290 | −0.040% | $426K | $157K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 5.0340 | +0.060% | $1.1M | $88K | 30x | as long as short |
| Bitget PROMUSDT | +0.0100% | 4h | 5.0394 | +0.167% | $4.3M | $426K | 10x | as long as short |
| BingX PROM-USDT | +0.0100% | 4h | 5.0330 | +0.040% | — | $1.4M | — | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 5.0290 | −0.040% | $926 | — | 5x | as long as short |
| Gate PROM_USDTlong | +0.0238% | 4h | 5.0310 | long leg | $785K | $930K | 50x |
BloFin PROM-USDT
Aster PROMUSDT
MEXC PROM_USDT
KuCoin PROMUSDTM
Bitget PROMUSDT
BingX PROM-USDT
Extended PROM-USD