Settings8H · net · $10k
Funding arb · Price arb /

PROM

all PROM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.126%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1081.081% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.152%+$15 on $10k
Price spread, last 7 days+0.028%+$3 · spread now −0.126%, 7d avg −0.061%
Together, before fees+0.180%+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.065% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PROMUSDTM5.09240.0100pay 0.0050% / 4h39m 40s$1.1M$88K30x
ShortBinance PROMUSDT5.08600.0100get 0.0050% / 4h39m 40s$16.5M$8.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.126% → −0.061%
−$6.48
Slippage, 4 orders
−$86.06
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$114.53
Costs to cover
1.081%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago7.48 bp37.3 bp −$37159.8 bp −$1,598doesn't fitdoesn't fit
Sell Binance live order book, 16 min ago0.99 bp15.6 bp −$1648.9 bp −$489doesn't fitdoesn't fit

PROM on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PROMUSDT+0.0100%4h5.0839−0.166%$136K$21K5xas long as short
Binance PROMUSDTshort+0.0100%4h5.0860−0.126%$16.5M$8.1M50x
MEXC PROM_USDT+0.0100%4h5.0860−0.126%$428K$155K20xas long as short
KuCoin PROMUSDTMlong+0.0100%4h5.0924long leg$1.1M$88K30x
BingX PROM-USDT+0.0100%4h5.0870−0.106%$1.4Mas long as short
Extended PROM-USD+0.0104%1h5.0861−0.123%$9365xas long as short
Bitget PROMUSDT+0.0132%4h5.0884−0.079%$4.4M$387K10xas long as short
BloFin PROM-USDT+0.0152%4h5.0840−0.165%$816K$305K50xas long as short
Gate PROM_USDT+0.0422%4h5.0890−0.067%$795K$907K50xas long as short