Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.057%
Price spread now: Gate against KuCoin+0.014%7-day average +0.056% · 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−$167as in the Price arb table
costs, in and out, $10k−$1631.631% of the position
Funding, last 7 days+0.314%+$31 on $10k
+Price spread, last 7 days+0.086%+$9 · spread now +0.014%, 7d avg +0.056%
=Funding pays, the price is against you. Gate is 0.042% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.014% now, against its 7-day average of +0.056%). If the spread goes back, that is −$4 on $10k: about 2.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.314% in total) that is about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PROMUSDTM | 4.9913 | 0.0040 | pay 0.0020% / 4h | 2h 29m | $1.1M | $77K | 30x |
| Short | Gate PROM_USDT | 4.9920 | 0.0100 | get 0.0050% / 4h | 2h 29m | $771K | $909K | 50x |
KuCoin PROMUSDTM
Gate PROM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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
- $12.6
- Price spread: +0.014% → +0.056%
- −$4.18
- Slippage, 4 orders
- −$136.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$154.7
- Costs to cover
- 1.631%
- Break-even
- 92.9 days
Slippage from KuCoin: live order book, 5 min ago; Gate: live order book, 57 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 KuCoin live order book, 5 min ago | 11.82 bp | 45.0 bp −$45 | 163.9 bp −$1,639 | doesn't fit | doesn't fit |
| Sell Gate live order book, 57 min ago | 2.98 bp | 31.2 bp −$31 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PROMUSDT | −0.0256% | 4h | 4.9868 | −0.091% | $133K | $22K | 5x | as long as short |
| MEXC PROM_USDT | +0.0038% | 4h | 4.9920 | +0.014% | $422K | $157K | 20x | as long as short |
| Binance PROMUSDT | +0.0038% | 4h | 4.9896 | −0.034% | $16.2M | $8.1M | 50x | as long as short |
| Extended PROM-USD | +0.0040% | 1h | 4.9879 | −0.069% | $918 | — | 5x | as long as short |
| KuCoin PROMUSDTMlong | +0.0040% | 4h | 4.9913 | long leg | $1.1M | $77K | 30x | |
| BloFin PROM-USDT | +0.0048% | 4h | 4.9880 | −0.066% | $813K | $300K | 50x | as long as short |
| Gate PROM_USDTshort | +0.0100% | 4h | 4.9920 | +0.014% | $771K | $909K | 50x | |
| Bitget PROMUSDT | +0.0100% | 4h | 4.9997 | +0.168% | $4.3M | $420K | 10x | as long as short |
| BingX PROM-USDT | +0.0100% | 4h | 4.9890 | −0.046% | — | $1.4M | — | as long as short |
Aster PROMUSDT
MEXC PROM_USDT
Binance PROMUSDT
Extended PROM-USD
BloFin PROM-USDT
Bitget PROMUSDT
BingX PROM-USDT