Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against Binance+0.200%7-day average +0.222% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$670.674% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now +0.200%, 7d avg +0.222%
=Funding pays, the price is against you. Bitget is 0.022% cheaper against Binance than usual: you would sell low and buy high (spread +0.200% now, against its 7-day average of +0.222%). If the spread goes back, that is −$2 on $10k: about 7.2 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PROMUSDT | 5.0219 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $16.2M | $8.3M | 50x |
| Short | Bitget PROMUSDT | 5.0320 | 0.0110 | get 0.0055% / 4h | 3h 09m | $4.4M | $391K | 10x |
Binance PROMUSDT
Bitget PROMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $2.1
- Price spread: +0.200% → +0.222%
- −$2.16
- Slippage, 4 orders
- −$45.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$67.46
- Costs to cover
- 0.674%
- Break-even
- 231.9 days
Slippage from Binance: live order book, 17 min ago; Bitget: live order book, 4 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 Binance live order book, 17 min ago | 1.00 bp | 15.3 bp −$15 | 45.5 bp −$455 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.79 bp | 11.5 bp −$11 | 45.9 bp −$459 | 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 | 5.0206 | −0.027% | $134K | $20K | 5x | as long as short |
| Binance PROMUSDTlong | +0.0100% | 4h | 5.0219 | long leg | $16.2M | $8.3M | 50x | |
| Gate PROM_USDT | +0.0100% | 4h | 5.0210 | −0.019% | $783K | $921K | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 5.0230 | +0.021% | $419K | $155K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 5.0217 | −0.005% | $1.1M | $81K | 30x | as long as short |
| BingX PROM-USDT | +0.0100% | 4h | 5.0250 | +0.061% | — | $1.5M | — | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 5.0222 | +0.004% | $922 | — | 5x | as long as short |
| Bitget PROMUSDTshort | +0.0110% | 4h | 5.0320 | +0.200% | $4.4M | $391K | 10x | |
| BloFin PROM-USDT | +0.0119% | 4h | 5.0210 | −0.019% | $819K | $299K | 50x | as long as short |
Aster PROMUSDT
Gate PROM_USDT
MEXC PROM_USDT
KuCoin PROMUSDTM
BingX PROM-USDT
Extended PROM-USD
BloFin PROM-USDT