Funding you earn now, next payment 00:00 UTC−0.0047%/8h= −5.2% APRnext payment −$0.24 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against Bitget−0.246%7-day average −0.223% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$740.743% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.246%, 7d avg −0.223%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.023% cheaper against Bitget than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.223%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PROMUSDT | 5.0168 | 0.0100 | pay 0.0050% / 4h | 2h 23m | $4.3M | $420K | 10x |
| Short | Binance PROMUSDT | 5.0044 | 0.0053 | get 0.0026% / 4h | 2h 23m | $16.2M | $8.1M | 50x |
Bitget PROMUSDT
Binance PROMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$9.89
- Price spread: −0.246% → −0.223%
- −$2.33
- Slippage, 4 orders
- −$52.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.56
- Costs to cover
- 0.743%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 2 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 Bitget live order book, 5 min ago | 3.10 bp | 21.8 bp −$22 | 58.6 bp −$586 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.00 bp | 16.7 bp −$17 | 42.5 bp −$425 | 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 | −0.0227% | 4h | 5.0032 | −0.271% | $134K | $22K | 5x | as long as short |
| BloFin PROM-USDT | +0.0037% | 4h | 5.0050 | −0.235% | $816K | $301K | 50x | as long as short |
| MEXC PROM_USDT | +0.0052% | 4h | 5.0050 | −0.235% | $424K | $157K | 20x | as long as short |
| Binance PROMUSDTshort | +0.0053% | 4h | 5.0044 | −0.246% | $16.2M | $8.1M | 50x | |
| Extended PROM-USD | +0.0056% | 1h | 5.0024 | −0.288% | $918 | — | 5x | as long as short |
| KuCoin PROMUSDTM | +0.0062% | 4h | 5.0049 | −0.237% | $1.1M | $77K | 30x | as long as short |
| Gate PROM_USDT | +0.0100% | 4h | 5.0080 | −0.175% | $773K | $912K | 50x | as long as short |
| Bitget PROMUSDTlong | +0.0100% | 4h | 5.0168 | long leg | $4.3M | $420K | 10x | |
| BingX PROM-USDT | +0.0100% | 4h | 5.0070 | −0.195% | — | $1.4M | — | as long as short |
Aster PROMUSDT
BloFin PROM-USDT
MEXC PROM_USDT
Extended PROM-USD
KuCoin PROMUSDTM
Gate PROM_USDT
BingX PROM-USDT