Funding you earn now, next payment 08:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.41 per $10,000 · paid last 24h +0.012%
Price spread now: Bitget against MEXC+0.146%7-day average +0.201% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$590.590% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.146%, 7d avg +0.201%
=Funding pays, the price is against you. Bitget is 0.055% cheaper against MEXC than usual: you would sell low and buy high (spread +0.146% now, against its 7-day average of +0.201%). If the spread goes back, that is −$5 on $10k: about 2.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.036% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PROM_USDT | 4.8590 | 0.0100 | pay 0.0050% / 4h | 23m 46s | $415K | $154K | 20x |
| Short | Bitget PROMUSDT | 4.8661 | 0.0182 | get 0.0091% / 4h | 23m 46s | $4.2M | $464K | 10x |
MEXC PROM_USDT
Bitget PROMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- $17.22
- Price spread: +0.146% → +0.201%
- −$5.47
- Slippage, 4 orders
- −$42.96
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$47.21
- Costs to cover
- 0.590%
- Break-even
- 26.2 days
Slippage from MEXC: live order book, 62 min ago; Bitget: live order book, 4 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 MEXC live order book, 62 min ago | 2.07 bp | 11.4 bp −$11 | 29.7 bp −$297 | 189.3 bp −$18.9K | 576.9 bp −$288.5K |
| Sell Bitget live order book, 4 min ago | 4.41 bp | 13.8 bp −$14 | 41.2 bp −$412 | 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 | +0.0041% | 4h | 4.8640 | +0.103% | $805K | $289K | 50x | as long as short |
| Aster PROMUSDT | +0.0100% | 4h | 4.8669 | +0.163% | $134K | $16K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 4.8584 | −0.013% | $15.6M | $9.3M | 50x | as long as short |
| MEXC PROM_USDTlong | +0.0100% | 4h | 4.8590 | long leg | $415K | $154K | 20x | |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.8649 | +0.121% | $1.1M | $99K | 30x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 4.8577 | −0.026% | $898 | — | 5x | as long as short |
| Bitget PROMUSDTshort | +0.0182% | 4h | 4.8661 | +0.146% | $4.2M | $464K | 10x | |
| BingX PROM-USDT | +0.0218% | 4h | 4.8620 | +0.062% | — | $1.6M | — | as long as short |
| Gate PROM_USDT | +0.0242% | 4h | 4.8640 | +0.103% | $727K | $1.2M | 50x | as long as short |
BloFin PROM-USDT
Aster PROMUSDT
Binance PROMUSDT
KuCoin PROMUSDTM
Extended PROM-USD
BingX PROM-USDT
Gate PROM_USDT