Funding you earn now, next payment 00:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against BingX+0.020%7-day average −0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$580.581% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 3 days (all we have)−0.238%−$24 · spread now +0.020%, 7d avg −0.078%
=The price spread pays, funding is against you. BloFin is 0.098% dearer against BingX than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.078%): +$10 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 20 days. At the pace of the last 7 days (−0.001% in total) that is about 18 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PROM-USDT | 4.9770 | 0.0100 | pay 0.0050% / 4h | 1h 08m | — | $1.4M | — |
| Short | BloFin PROM-USDT | 4.9780 | 0.0084 | get 0.0042% / 4h | 1h 08m | $811K | $300K | 50x |
BingX PROM-USDT
BloFin PROM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$3.43
- Price spread: +0.020% → −0.078%
- $9.77
- Slippage, 4 orders
- −$36.09
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.76
- Costs to cover
- 0.581%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 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 BingX live order book, 3 min ago | 2.01 bp | 15.1 bp −$15 | 46.0 bp −$460 | 529.2 bp −$52.9K | 836.4 bp −$418.2K |
| Sell BloFin live order book, 8 min ago | 1.00 bp | 14.7 bp −$15 | 28.0 bp −$280 | 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 | +0.0006% | 4h | 4.9800 | +0.060% | $133K | $21K | 5x | as long as short |
| BloFin PROM-USDTshort | +0.0084% | 4h | 4.9780 | +0.020% | $811K | $300K | 50x | |
| Binance PROMUSDT | +0.0100% | 4h | 4.9748 | −0.043% | $16.2M | $8.1M | 50x | as long as short |
| Gate PROM_USDT | +0.0100% | 4h | 4.9810 | +0.080% | $768K | $915K | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 4.9760 | −0.020% | $421K | $157K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.9817 | +0.094% | $1.1M | $76K | 30x | as long as short |
| Bitget PROMUSDT | +0.0100% | 4h | 4.9851 | +0.163% | $4.3M | $419K | 10x | as long as short |
| BingX PROM-USDTlong | +0.0100% | 4h | 4.9770 | long leg | — | $1.4M | — | |
| Extended PROM-USD | +0.0104% | 1h | 4.9777 | +0.013% | $916 | — | 5x | as long as short |
Aster PROMUSDT
Binance PROMUSDT
Gate PROM_USDT
MEXC PROM_USDT
KuCoin PROMUSDTM
Bitget PROMUSDT
Extended PROM-USD