Funding you earn now, next payment 08:00 UTC+0.0420%/8h= +46.0% APRnext payment +$2.10 per $10,000 · paid last 24h +0.012%
Price spread now: Bitget against MEXC+0.233%7-day average +0.201% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$630.633% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.233%, 7d avg +0.201%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bitget is 0.032% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.201%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.10 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 | MEXC PROM_USDT | 4.8440 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $412K | $154K | 20x |
| Short | Bitget PROMUSDT | 4.8553 | 0.0520 | get 0.0260% / 4h | 2h 27m | $4.2M | $409K | 10x |
MEXC PROM_USDT
Bitget PROMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- $88.2
- Price spread: +0.233% → +0.201%
- $3.19
- Slippage, 4 orders
- −$47.29
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $28.11
- Costs to cover
- 0.633%
- Break-even
- 4.8 days
Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 1 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 MEXC live order book, 4 min ago | 1.03 bp | 9.3 bp −$9 | 28.4 bp −$284 | 181.4 bp −$18.1K | 524.1 bp −$262.0K |
| Sell Bitget live order book, 1 min ago | 2.57 bp | 22.3 bp −$22 | 65.4 bp −$654 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PROM-USDT | +0.0077% | 4h | 4.8460 | +0.041% | $794K | $288K | 50x | as long as short |
| Aster PROMUSDT | +0.0100% | 4h | 4.8462 | +0.045% | $130K | $13K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 4.8462 | +0.045% | $15.6M | $9.1M | 50x | as long as short |
| MEXC PROM_USDTlong | +0.0100% | 4h | 4.8440 | long leg | $412K | $154K | 20x | |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.8490 | +0.103% | $1.1M | $89K | 30x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 4.8427 | −0.026% | $893 | — | 5x | as long as short |
| BingX PROM-USDT | +0.0504% | 4h | 4.8450 | +0.021% | — | $1.5M | — | as long as short |
| Bitget PROMUSDTshort | +0.0520% | 4h | 4.8553 | +0.233% | $4.2M | $409K | 10x | |
| Gate PROM_USDT | +0.0796% | 4h | 4.8460 | +0.041% | $713K | $1.1M | 50x | as long as short |
BloFin PROM-USDT
Aster PROMUSDT
Binance PROMUSDT
KuCoin PROMUSDTM
Extended PROM-USD
BingX PROM-USDT
Gate PROM_USDT