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

PROM

all PROM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC+0.118%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$990.990% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.151%−$15 on $10k
Price spread, last 4 days (all we have)+0.160%+$16 · spread now +0.118%, 7d avg +0.093%
Together, before fees+0.009%+$1 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: KuCoin is 0.024% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PROM_USDT5.01200.0100pay 0.0050% / 4h3h 22m$418K$154K20x
ShortKuCoin PROMUSDTM5.01790.0100get 0.0050% / 4h3h 22m$1.1M$81K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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: +0.118% → +0.093%
$2.43
Slippage, 4 orders
−$83.05
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$96.62
Costs to cover
0.990%
Break-even
never at this rate
Slippage from MEXC: live order book, 34 min ago; KuCoin: live order book, 3 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 MEXC live order book, 34 min ago2.00 bp10.0 bp −$1032.2 bp −$322192.8 bp −$19.3K551.5 bp −$275.8K
Sell KuCoin live order book, 3 min ago6.76 bp38.8 bp −$39159.6 bp −$1,596doesn'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%4h5.0141+0.041%$134K$20K5xas long as short
Binance PROMUSDT+0.0100%4h5.0130+0.020%$16.2M$8.3M50xas long as short
Gate PROM_USDT+0.0100%4h5.0160+0.080%$782K$913K50xas long as short
MEXC PROM_USDTlong+0.0100%4h5.0120long leg$418K$154K20x
KuCoin PROMUSDTMshort+0.0100%4h5.0179+0.118%$1.1M$81K30x
Bitget PROMUSDT+0.0100%4h5.0230+0.219%$4.3M$392K10xas long as short
BingX PROM-USDT+0.0100%4h5.0150+0.060%$1.5Mas long as short
Extended PROM-USD+0.0104%1h5.0128+0.017%$9225xas long as short
BloFin PROM-USDT+0.0113%4h5.0180+0.120%$819K$299K50xas long as short