Funding you earn now, next payment 08:00 UTC−0.0210%/8h= −23.0% APRnext payment −$1.05 per $10,000 · paid last 24h −0.012%
Price spread now: MEXC against BingX−0.021%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$510.507% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.021%, 7d avg −0.039%
=The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.05 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PROM-USDT | 4.8200 | 0.0310 | pay 0.0155% / 4h | 1h 47m | — | $1.5M | — |
| Short | MEXC PROM_USDT | 4.8190 | 0.0100 | get 0.0050% / 4h | 1h 47m | $409K | $153K | 20x |
BingX PROM-USDT
MEXC PROM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$44.1
- Price spread: −0.021% → −0.039%
- $1.83
- Slippage, 4 orders
- −$36.68
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$92.95
- Costs to cover
- 0.507%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; MEXC: live order book, 44 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, 14 min ago | 3.09 bp | 16.7 bp −$17 | 38.6 bp −$386 | 504.5 bp −$50.4K | 807.5 bp −$403.7K |
| Sell MEXC live order book, 44 min ago | 1.03 bp | 8.9 bp −$9 | 47.7 bp −$477 | 188.0 bp −$18.8K | 526.1 bp −$263.0K |
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 | 4.8150 | −0.104% | $794K | $287K | 50x | as long as short |
| Aster PROMUSDT | +0.0100% | 4h | 4.8139 | −0.127% | $129K | $15K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 4.8180 | −0.041% | $15.4M | $9.1M | 50x | as long as short |
| Gate PROM_USDT | +0.0100% | 4h | 4.8200 | 0.000% | $707K | $1.1M | 50x | as long as short |
| MEXC PROM_USDTshort | +0.0100% | 4h | 4.8190 | −0.021% | $409K | $153K | 20x | |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.8227 | +0.056% | $1.1M | $88K | 30x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 4.8192 | −0.016% | $888 | — | 5x | as long as short |
| Bitget PROMUSDT | +0.0298% | 4h | 4.8289 | +0.185% | $4.2M | $430K | 10x | as long as short |
| BingX PROM-USDTlong | +0.0310% | 4h | 4.8200 | long leg | — | $1.5M | — |
BloFin PROM-USDT
Aster PROMUSDT
Binance PROMUSDT
Gate PROM_USDT
KuCoin PROMUSDTM
Extended PROM-USD
Bitget PROMUSDT