Funding you earn now, next payment 00:00 UTC+0.0300%/8h= +32.8% APRnext payment +$1.50 per $10,000 · paid last 24h −0.053%
Price spread now: BloFin against Gate+0.040%7-day average −0.153% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$1031.025% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 3 days (all we have)−0.338%−$34 · spread now +0.040%, 7d avg −0.153%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.193% dearer against Gate than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.153%. Mind the row above: over the last 7 days funding on this pair cost −0.150%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.150% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.50 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 | Gate PROM_USDT | 4.9850 | −0.0360 | get 0.0180% / 4h | 2h 46m | $770K | $903K | 50x |
| Short | BloFin PROM-USDT | 4.9870 | −0.0060 | pay 0.0030% / 4h | 2h 46m | $816K | $299K | 50x |
Gate PROM_USDT
BloFin PROM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $62.9
- Price spread: +0.040% → −0.153%
- $19.28
- Slippage, 4 orders
- −$75.54
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$20.36
- Costs to cover
- 1.025%
- Break-even
- 9.3 days
Slippage from Gate: live order book, 40 min ago; BloFin: live order book, 40 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, 40 min ago | 2.98 bp | 43.8 bp −$44 | 120.1 bp −$1,201 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 40 min ago | 2.98 bp | 14.1 bp −$14 | 27.3 bp −$273 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PROM_USDTlong | −0.0360% | 4h | 4.9850 | long leg | $770K | $903K | 50x | |
| Aster PROMUSDT | −0.0304% | 4h | 4.9868 | +0.035% | $133K | $22K | 5x | as long as short |
| BloFin PROM-USDTshort | −0.0060% | 4h | 4.9870 | +0.040% | $816K | $299K | 50x | |
| Binance PROMUSDT | −0.0004% | 4h | 4.9760 | −0.181% | $16.1M | $8.2M | 50x | as long as short |
| MEXC PROM_USDT | −0.0002% | 4h | 4.9790 | −0.120% | $420K | $155K | 20x | as long as short |
| Extended PROM-USD | 0.0000% | 1h | 4.9818 | −0.065% | $918 | — | 5x | as long as short |
| KuCoin PROMUSDTM | +0.0002% | 4h | 4.9879 | +0.058% | $1.1M | $78K | 30x | as long as short |
| Bitget PROMUSDT | +0.0100% | 4h | 4.9901 | +0.102% | $4.3M | $431K | 10x | as long as short |
| BingX PROM-USDT | +0.0100% | 4h | 4.9800 | −0.100% | — | $1.4M | — | as long as short |
Aster PROMUSDT
Binance PROMUSDT
MEXC PROM_USDT
Extended PROM-USD
KuCoin PROMUSDTM
Bitget PROMUSDT
BingX PROM-USDT