Funding you earn now, next payment 12:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.11 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against MEXC−0.164%79s7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.479% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)−0.193%−$19 · spread now −0.164%, 7d avg −0.044%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.121% cheaper against MEXC than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.044%). Swap the legs. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PROM_USDT | 4.8650 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $413K | $155K | 20x |
| Short | BloFin PROM-USDT | 4.8570 | 0.0077 | get 0.0039% / 4h | 3h 03m | $800K | $284K | 50x |
MEXC PROM_USDT
BloFin PROM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$4.81
- Price spread: −0.164% → −0.044%
- −$12.06
- Slippage, 4 orders
- −$31.87
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$64.75
- Costs to cover
- 0.479%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 12 min ago; BloFin: live order book, 8 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, 12 min ago | 1.03 bp | 4.3 bp −$4 | 25.1 bp −$251 | 190.8 bp −$19.1K | 532.0 bp −$266.0K |
| Sell BloFin live order book, 8 min ago | 2.06 bp | 20.4 bp −$20 | 34.7 bp −$347 | 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-USDTshort | +0.0077% | 4h | 4.8570 | −0.164% | $800K | $284K | 50x | |
| Aster PROMUSDT | +0.0100% | 4h | 4.8617 | −0.068% | $134K | $16K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 4.8620 | −0.062% | $15.6M | $9.3M | 50x | as long as short |
| MEXC PROM_USDTlong | +0.0100% | 4h | 4.8650 | long leg | $413K | $155K | 20x | |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.8612 | −0.078% | $1.1M | $106K | 30x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 4.8647 | −0.006% | $895 | — | 5x | as long as short |
| BingX PROM-USDT | +0.0182% | 4h | 4.8670 | +0.041% | — | $1.6M | — | as long as short |
| Bitget PROMUSDT | +0.0204% | 4h | 4.8752 | +0.210% | $4.2M | $529K | 10x | as long as short |
| Gate PROM_USDT | +0.1422% | 4h | 4.8710 | +0.123% | $746K | $1.2M | 50x | as long as short |
Aster PROMUSDT
Binance PROMUSDT
KuCoin PROMUSDTM
Extended PROM-USD
BingX PROM-USDT
Bitget PROMUSDT
Gate PROM_USDT