Funding you earn now, next payment 00:00 UTC−0.0238%/8h= −26.1% APRnext payment −$1.19 per $10,000 · paid last 24h +0.057%
Price spread now: Gate against KuCoin−0.065%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1651.653% of the position
Funding, last 7 days+0.314%+$31 on $10k
+Price spread, last 7 days+0.180%+$18 · spread now −0.065%, 7d avg +0.057%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.122% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.057%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.314%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PROMUSDTM | 5.0513 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $1.1M | $77K | 30x |
| Short | Gate PROM_USDT | 5.0480 | −0.0138 | pay 0.0069% / 4h | 3h 32m | $777K | $911K | 50x |
KuCoin PROMUSDTM
Gate PROM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$49.98
- Price spread: −0.065% → +0.057%
- −$12.2
- Slippage, 4 orders
- −$138.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$227.46
- Costs to cover
- 1.653%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 13 min ago; Gate: live order book, 15 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, 13 min ago | 10.69 bp | 42.7 bp −$43 | 220.8 bp −$2,208 | doesn't fit | doesn't fit |
| Sell Gate live order book, 15 min ago | 4.94 bp | 28.1 bp −$28 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PROM_USDTshort | −0.0138% | 4h | 5.0480 | −0.065% | $777K | $911K | 50x | |
| Aster PROMUSDT | +0.0100% | 4h | 5.0552 | +0.076% | $135K | $22K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 5.0480 | −0.065% | $16.3M | $8.1M | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 5.0460 | −0.105% | $432K | $154K | 20x | as long as short |
| KuCoin PROMUSDTMlong | +0.0100% | 4h | 5.0513 | long leg | $1.1M | $77K | 30x | |
| Bitget PROMUSDT | +0.0100% | 4h | 5.0561 | +0.095% | $4.4M | $432K | 10x | as long as short |
| BingX PROM-USDT | +0.0100% | 4h | 5.0480 | −0.065% | — | $1.4M | — | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 5.0454 | −0.117% | $928 | — | 5x | as long as short |
| BloFin PROM-USDT | +0.0127% | 4h | 5.0320 | −0.382% | $826K | $301K | 50x | as long as short |
Aster PROMUSDT
Binance PROMUSDT
MEXC PROM_USDT
Bitget PROMUSDT
BingX PROM-USDT
Extended PROM-USD
BloFin PROM-USDT