Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against Binance+0.069%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$590.587% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now +0.069%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.030% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PROMUSDT | 4.9086 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $15.7M | $8.5M | 50x |
| Short | BingX PROM-USDT | 4.9120 | 0.0122 | get 0.0061% / 4h | 1h 57m | — | $1.5M | — |
Binance PROMUSDT
BingX PROM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $4.62
- Price spread: +0.069% → +0.039%
- $3.01
- Slippage, 4 orders
- −$38.68
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$51.05
- Costs to cover
- 0.587%
- Break-even
- 84.3 days
Slippage from Binance: live order book, 13 min ago; BingX: 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 Binance live order book, 13 min ago | 1.02 bp | 13.5 bp −$13 | 43.3 bp −$433 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 2.03 bp | 16.2 bp −$16 | 42.6 bp −$426 | 443.4 bp −$44.3K | 738.5 bp −$369.3K |
PROM on 8 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 | +0.0100% | 4h | 4.9104 | +0.038% | $131K | $20K | 5x | as long as short |
| Binance PROMUSDTlong | +0.0100% | 4h | 4.9086 | long leg | $15.7M | $8.5M | 50x | |
| Gate PROM_USDT | +0.0100% | 4h | 4.9110 | +0.049% | $736K | $928K | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 4.9100 | +0.029% | $404K | $148K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.9118 | +0.065% | $1.1M | $85K | 30x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 4.9088 | +0.005% | $906 | — | 5x | as long as short |
| Bitget PROMUSDT | +0.0112% | 4h | 4.9181 | +0.194% | $4.2M | $417K | 10x | as long as short |
| BingX PROM-USDTshort | +0.0122% | 4h | 4.9120 | +0.069% | — | $1.5M | — |
Aster PROMUSDT
Gate PROM_USDT
MEXC PROM_USDT
KuCoin PROMUSDTM
Extended PROM-USD
Bitget PROMUSDT