Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against KuCoin−0.053%50s7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as 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−$1171.173% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 4 days (all we have)−0.291%−$29 · spread now −0.053%, 7d avg −0.126%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.073% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.126%. The two prices were read 50 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 | KuCoin PROMUSDTM | 4.8876 | 0.0100 | pay 0.0050% / 4h | 3h 14m | $1.1M | $90K | 30x |
| Short | BloFin PROM-USDT | 4.8850 | 0.0133 | get 0.0067% / 4h | 3h 14m | $799K | $288K | 50x |
KuCoin PROMUSDTM
BloFin PROM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $6.99
- Price spread: −0.053% → −0.126%
- $7.27
- Slippage, 4 orders
- −$93.26
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$103
- Costs to cover
- 1.173%
- Break-even
- 110.2 days
Slippage from KuCoin: live order book, 6 min ago; BloFin: live order book, 17 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 KuCoin live order book, 6 min ago | 9.94 bp | 41.9 bp −$42 | 390.3 bp −$3,903 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 4.13 bp | 24.9 bp −$25 | 62.6 bp −$626 | 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 | +0.0100% | 4h | 4.8784 | −0.189% | $131K | $19K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 4.8796 | −0.164% | $15.7M | $9.1M | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 4.8790 | −0.176% | $418K | $156K | 20x | as long as short |
| KuCoin PROMUSDTMlong | +0.0100% | 4h | 4.8876 | long leg | $1.1M | $90K | 30x | |
| Extended PROM-USD | +0.0104% | 1h | 4.8776 | −0.205% | $899 | — | 5x | as long as short |
| BloFin PROM-USDTshort | +0.0133% | 4h | 4.8850 | −0.053% | $799K | $288K | 50x | |
| BingX PROM-USDT | +0.0398% | 4h | 4.8820 | −0.115% | — | $1.5M | — | as long as short |
| Bitget PROMUSDT | +0.0462% | 4h | 4.8930 | +0.110% | $4.2M | $426K | 10x | as long as short |
| Gate PROM_USDT | +0.0946% | 4h | 4.8890 | +0.029% | $731K | $1.0M | 50x | as long as short |
Aster PROMUSDT
Binance PROMUSDT
MEXC PROM_USDT
Extended PROM-USD
BingX PROM-USDT
Bitget PROMUSDT
Gate PROM_USDT