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

PROM

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0198%/8h= −21.7% APRnext payment $0.99 per $10,000 · paid last 24h −0.041%
Price spread now: Aster against KuCoin−0.082%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1201.200% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.098%−$10 on $10k
Price spread, last 4 days (all we have)+0.258%+$26 · spread now −0.082%, 7d avg −0.050%
Together, before fees+0.160%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.033% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.098% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.99 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PROMUSDTM4.98410.0100pay 0.0050% / 4h1h 38m$1.1M$76K30x
ShortAster PROMUSDT4.9800−0.0098pay 0.0049% / 4h1h 38m$133K$21K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
−$41.59
Price spread: −0.082% → −0.050%
−$3.26
Slippage, 4 orders
−$99.99
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$164.83
Costs to cover
1.200%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Aster: live order book, 43 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 KuCoin live order book, 2 min ago6.12 bp34.0 bp −$34121.8 bp −$1,218doesn't fitdoesn't fit
Sell Aster live order book, 43 min ago8.01 bp21.7 bp −$22doesn't fitdoesn't fitdoesn't fit

PROM on 9 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 PROMUSDTshort−0.0098%4h4.9800−0.082%$133K$21K5x
Binance PROMUSDT+0.0100%4h4.9738−0.206%$16.2M$8.1M50xas long as short
Gate PROM_USDT+0.0100%4h4.9790−0.102%$767K$904K50xas long as short
MEXC PROM_USDT+0.0100%4h4.9760−0.163%$422K$154K20xas long as short
KuCoin PROMUSDTMlong+0.0100%4h4.9841long leg$1.1M$76K30x
Bitget PROMUSDT+0.0100%4h4.9845+0.008%$4.3M$420K10xas long as short
BingX PROM-USDT+0.0100%4h4.9780−0.122%$1.4Mas long as short
BloFin PROM-USDT+0.0102%4h4.9790−0.102%$812K$299K50xas long as short
Extended PROM-USD+0.0104%1h4.9741−0.201%$9185xas long as short