Funding you earn now, next payment 08:00 UTC−0.0232%/8h= −25.4% APRnext payment −$1.16 per $10,000 · paid last 24h −0.012%
Price spread now: Binance against BingX−0.041%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$640.639% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now −0.041%, 7d avg −0.040%
=The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.16 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 | BingX PROM-USDT | 4.8790 | 0.0332 | pay 0.0166% / 4h | 39m 33s | — | $1.5M | — |
| Short | Binance PROMUSDT | 4.8770 | 0.0100 | get 0.0050% / 4h | 39m 33s | $15.6M | $9.3M | 50x |
BingX PROM-USDT
Binance PROMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$48.72
- Price spread: −0.041% → −0.040%
- −$0.12
- Slippage, 4 orders
- −$43.91
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$112.75
- Costs to cover
- 0.639%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Binance: live order book, 16 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 BingX live order book, 7 min ago | 2.03 bp | 14.9 bp −$15 | 40.5 bp −$405 | 460.0 bp −$46.0K | 772.0 bp −$386.0K |
| Sell Binance live order book, 16 min ago | 3.07 bp | 15.9 bp −$16 | 56.8 bp −$568 | 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 | 4.8820 | +0.061% | $134K | $16K | 5x | as long as short |
| Binance PROMUSDTshort | +0.0100% | 4h | 4.8770 | −0.041% | $15.6M | $9.3M | 50x | |
| MEXC PROM_USDT | +0.0100% | 4h | 4.8750 | −0.082% | $416K | $153K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.8834 | +0.090% | $1.1M | $100K | 30x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 4.8757 | −0.067% | $898 | — | 5x | as long as short |
| BloFin PROM-USDT | +0.0127% | 4h | 4.8920 | +0.266% | $808K | $291K | 50x | as long as short |
| Bitget PROMUSDT | +0.0292% | 4h | 4.8842 | +0.107% | $4.2M | $474K | 10x | as long as short |
| BingX PROM-USDTlong | +0.0332% | 4h | 4.8790 | long leg | — | $1.5M | — | |
| Gate PROM_USDT | +0.0358% | 4h | 4.8830 | +0.082% | $728K | $1.2M | 50x | as long as short |
Aster PROMUSDT
MEXC PROM_USDT
KuCoin PROMUSDTM
Extended PROM-USD
BloFin PROM-USDT
Bitget PROMUSDT
Gate PROM_USDT