Funding you earn now, next payment 04:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against BingX+0.141%201s7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as 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−$570.567% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)−0.356%−$36 · spread now +0.141%, 7d avg −0.076%
=The price spread pays, funding is against you. BloFin is 0.217% dearer against BingX than usual: you sell high and buy low (spread +0.141% now, against its 7-day average of −0.076%): +$22 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 27 days. The two prices were read 201 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 | BingX PROM-USDT | 4.9670 | 0.0100 | pay 0.0050% / 4h | 2h 45m | — | $1.5M | — |
| Short | BloFin PROM-USDT | 4.9740 | 0.0073 | get 0.0037% / 4h | 2h 45m | $820K | $296K | 50x |
BingX PROM-USDT
BloFin PROM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$5.66
- Price spread: +0.141% → −0.076%
- $21.73
- Slippage, 4 orders
- −$34.73
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$40.66
- Costs to cover
- 0.567%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; BloFin: live order book, 21 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, 16 min ago | 2.00 bp | 16.6 bp −$17 | 45.3 bp −$453 | 522.4 bp −$52.2K | 833.6 bp −$416.8K |
| Sell BloFin live order book, 21 min ago | 2.00 bp | 8.0 bp −$8 | 21.0 bp −$210 | 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 | +0.0073% | 4h | 4.9740 | +0.141% | $820K | $296K | 50x | |
| Aster PROMUSDT | +0.0100% | 4h | 4.9748 | +0.156% | $133K | $20K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 4.9661 | −0.018% | $16.0M | $8.3M | 50x | as long as short |
| Gate PROM_USDT | +0.0100% | 4h | 4.9690 | +0.040% | $767K | $906K | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 4.9660 | −0.020% | $414K | $150K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.9728 | +0.117% | $1.1M | $81K | 30x | as long as short |
| Bitget PROMUSDT | +0.0100% | 4h | 4.9782 | +0.225% | $4.3M | $407K | 10x | as long as short |
| BingX PROM-USDTlong | +0.0100% | 4h | 4.9670 | long leg | — | $1.5M | — | |
| Extended PROM-USD | +0.0104% | 1h | 4.9657 | −0.026% | $916 | — | 5x | as long as short |
Aster PROMUSDT
Binance PROMUSDT
Gate PROM_USDT
MEXC PROM_USDT
KuCoin PROMUSDTM
Bitget PROMUSDT
Extended PROM-USD