Settings8H · net · $10k
Funding arb · Price arb /

PROM

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against Bitget−0.229%7-day average −0.204% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$640.642% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.229%, 7d avg −0.204%
Together, before fees+0.042%+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.025% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.204%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PROMUSDT4.98840.0100pay 0.0050% / 4h1h 17m$4.3M$418K10x
ShortMEXC PROM_USDT4.97700.0100get 0.0050% / 4h1h 17m$421K$156K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.229% → −0.204%
−$2.5
Slippage, 4 orders
−$48.17
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$66.67
Costs to cover
0.642%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 56 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago3.10 bp22.8 bp −$2364.6 bp −$646doesn't fitdoesn't fit
Sell MEXC live order book, 56 min ago1.00 bp9.6 bp −$1027.0 bp −$270174.8 bp −$17.5K522.8 bp −$261.4K

PROM on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PROMUSDT−0.0031%4h4.9800−0.168%$133K$21K5xas long as short
BloFin PROM-USDT+0.0062%4h4.9750−0.269%$812K$300K50xas long as short
Binance PROMUSDT+0.0100%4h4.9774−0.221%$16.2M$8.1M50xas long as short
Gate PROM_USDT+0.0100%4h4.9810−0.148%$768K$912K50xas long as short
MEXC PROM_USDTshort+0.0100%4h4.9770−0.229%$421K$156K20x
KuCoin PROMUSDTM+0.0100%4h4.9846−0.076%$1.1M$76K30xas long as short
Bitget PROMUSDTlong+0.0100%4h4.9884long leg$4.3M$418K10x
BingX PROM-USDT+0.0100%4h4.9780−0.208%$1.4Mas long as short
Extended PROM-USD+0.0104%1h4.9760−0.248%$9185xas long as short