Funding you earn now, next payment 20:00 UTC−0.0055%/8hnext payment −$0.28 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance−0.180%111s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as 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−$740.740% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 3 days (all we have)+0.024%+$2 · spread now −0.180%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.150% cheaper against Binance than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.031%). Swap the legs. The two prices were read 111 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 | Binance PROMUSDT | 5.0962 | 0.0100 | pay 0.0050% / 4h | 5m 17s | $16.5M | $8.0M | 50x |
| Short | BloFin PROM-USDT | 5.0870 | 0.0045 | get 0.0022% / 4h | 5m 17s | $835K | $302K | 50x |
Binance PROMUSDT
BloFin PROM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$11.58
- Price spread: −0.180% → −0.031%
- −$14.97
- Slippage, 4 orders
- −$52.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$100.56
- Costs to cover
- 0.740%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 26 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, 10 min ago | 1.96 bp | 19.9 bp −$20 | 65.0 bp −$650 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 26 min ago | 0.99 bp | 18.4 bp −$18 | 30.6 bp −$306 | 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-USDTshort | +0.0045% | 4h | 5.0870 | −0.180% | $835K | $302K | 50x | |
| Aster PROMUSDT | +0.0100% | 4h | 5.0987 | +0.050% | $136K | $22K | 5x | as long as short |
| Binance PROMUSDTlong | +0.0100% | 4h | 5.0962 | long leg | $16.5M | $8.0M | 50x | |
| Gate PROM_USDT | +0.0100% | 4h | 5.0970 | +0.016% | $784K | $921K | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 5.0970 | +0.016% | $436K | $158K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 5.1005 | +0.084% | $1.2M | $76K | 30x | as long as short |
| Bitget PROMUSDT | +0.0100% | 4h | 5.1066 | +0.204% | $4.4M | $429K | 10x | as long as short |
| BingX PROM-USDT | +0.0100% | 4h | 5.1000 | +0.075% | — | $1.4M | — | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 5.0957 | −0.009% | $938 | — | 5x | as long as short |
Aster PROMUSDT
Gate PROM_USDT
MEXC PROM_USDT
KuCoin PROMUSDTM
Bitget PROMUSDT
BingX PROM-USDT
Extended PROM-USD