Settings8H · net · $10k
Funding arb · Price arb /

PROM

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.048%
Price spread now: BingX against Gate+0.041%7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1161.160% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.156%−$16 on $10k
Price spread, last 7 days−0.155%−$15 · spread now +0.041%, 7d avg −0.075%
Together, before fees−0.311%−$31 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.116% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PROM_USDT4.91200.0100pay 0.0050% / 4h2h 32m$748K$928K50x
ShortBingX PROM-USDT4.91400.0100get 0.0050% / 4h2h 32m$1.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.041% → −0.075%
$11.57
Slippage, 4 orders
−$91.03
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$104.46
Costs to cover
1.160%
Break-even
never at this rate
Slippage from Gate: live order book, 34 min ago; BingX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 34 min ago1.99 bp44.1 bp −$44152.6 bp −$1,526doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago2.04 bp18.3 bp −$1856.3 bp −$563437.9 bp −$43.8K739.5 bp −$369.7K

PROM on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PROMUSDT+0.0100%4h4.9116−0.008%$131K$20K5xas long as short
Binance PROMUSDT+0.0100%4h4.9210+0.183%$15.8M$8.6M50xas long as short
Gate PROM_USDTlong+0.0100%4h4.9120long leg$748K$928K50x
MEXC PROM_USDT+0.0100%4h4.9220+0.204%$405K$152K20xas long as short
KuCoin PROMUSDTM+0.0100%4h4.9184+0.130%$1.1M$85K30xas long as short
Bitget PROMUSDT+0.0100%4h4.9236+0.236%$4.2M$425K10xas long as short
BingX PROM-USDTshort+0.0100%4h4.9140+0.041%$1.5M
Extended PROM-USD+0.0104%1h4.9207+0.178%$9015xas long as short