Funding you earn now, next payment 04:00 UTC+0.0141%/8h= +15.4% APRnext payment +$0.70 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against BloFin−0.021%51s7-day average +0.083% · 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—prices read too far apart to compare
costs, in and out, $10k−$650.655% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.269%+$27 · spread now −0.021%, 7d avg +0.083%
=Funding pays, the price is against you. BingX is 0.103% cheaper against BloFin than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.083%). If the spread goes back, that is −$10 on $10k: about 2.5 days of funding at the current rate (+$4 a day). The two prices were read 51 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 | BloFin PROM-USDT | 4.8490 | 0.0065 | pay 0.0033% / 4h | 18m 23s | $795K | $286K | 50x |
| Short | BingX PROM-USDT | 4.8480 | 0.0206 | get 0.0103% / 4h | 18m 23s | — | $1.5M | — |
BloFin PROM-USDT
BingX PROM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $29.55
- Price spread: −0.021% → +0.083%
- −$10.35
- Slippage, 4 orders
- −$43.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$46.26
- Costs to cover
- 0.655%
- Break-even
- 18.0 days
Slippage from BloFin: live order book, 18 min ago; BingX: live order book, 13 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 BloFin live order book, 18 min ago | 2.07 bp | 16.0 bp −$16 | 41.4 bp −$414 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 2.06 bp | 14.7 bp −$15 | 39.1 bp −$391 | 487.5 bp −$48.8K | 834.1 bp −$417.0K |
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-USDTlong | +0.0065% | 4h | 4.8490 | long leg | $795K | $286K | 50x | |
| Aster PROMUSDT | +0.0100% | 4h | 4.8461 | −0.059% | $130K | $20K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 4.8443 | −0.097% | $15.6M | $8.8M | 50x | as long as short |
| Gate PROM_USDT | +0.0100% | 4h | 4.8490 | 0.000% | $716K | $968K | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 4.8450 | −0.082% | $405K | $156K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 4.8548 | +0.120% | $1.1M | $86K | 30x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 4.8453 | −0.076% | $891 | — | 5x | as long as short |
| BingX PROM-USDTshort | +0.0206% | 4h | 4.8480 | −0.021% | — | $1.5M | — | |
| Bitget PROMUSDT | +0.0266% | 4h | 4.8578 | +0.181% | $4.2M | $413K | 10x | as long as short |
Aster PROMUSDT
Binance PROMUSDT
Gate PROM_USDT
MEXC PROM_USDT
KuCoin PROMUSDTM
Extended PROM-USD
Bitget PROMUSDT