Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against BloFin−0.925%559s7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as 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−$480.475% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 3 days (all we have)+1.107%+$111 · spread now −0.925%, 7d avg +0.037%
=Funding pays, the price is against you. MEXC is 0.961% cheaper against BloFin than usual: you would sell low and buy high (spread −0.925% now, against its 7-day average of +0.037%). If the spread goes back, that is −$96 on $10k: about 4 months of funding at the current rate (+$1 a day). The two prices were read 559 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 | BloFin PROM-USDT | 4.9740 | 0.0073 | pay 0.0037% / 4h | 2h 39m | $820K | $296K | 50x |
| Short | MEXC PROM_USDT | 4.9280 | 0.0100 | get 0.0050% / 4h | 2h 39m | $410K | $151K | 20x |
BloFin PROM-USDT
MEXC PROM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- $5.66
- Price spread: −0.925% → +0.037%
- −$96.13
- Slippage, 4 orders
- −$31.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$137.98
- Costs to cover
- 0.475%
- Break-even
- 177.7 days
Slippage from BloFin: live order book, 27 min ago; MEXC: live order book, 11 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 BloFin live order book, 27 min ago | 2.00 bp | 16.8 bp −$17 | 35.8 bp −$358 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 11 min ago | 1.01 bp | 11.9 bp −$12 | 25.4 bp −$254 | 189.3 bp −$18.9K | 554.3 bp −$277.1K |
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-USDTlong | +0.0073% | 4h | 4.9740 | long leg | $820K | $296K | 50x | |
| Aster PROMUSDT | +0.0100% | 4h | 4.9448 | −0.586% | $132K | $20K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 4.9240 | −1.005% | $15.9M | $8.5M | 50x | as long as short |
| Gate PROM_USDT | +0.0100% | 4h | 4.9260 | −0.965% | $755K | $919K | 50x | as long as short |
| MEXC PROM_USDTshort | +0.0100% | 4h | 4.9280 | −0.925% | $410K | $151K | 20x | |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.9305 | −0.875% | $1.1M | $81K | 30x | as long as short |
| Bitget PROMUSDT | +0.0100% | 4h | 4.9321 | −0.842% | $4.2M | $422K | 10x | as long as short |
| BingX PROM-USDT | +0.0100% | 4h | 4.9280 | −0.925% | — | $1.5M | — | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 4.9312 | −0.861% | $907 | — | 5x | as long as short |
Aster PROMUSDT
Binance PROMUSDT
Gate PROM_USDT
KuCoin PROMUSDTM
Bitget PROMUSDT
BingX PROM-USDT
Extended PROM-USD