Funding you earn now, next payment 00:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.003%
Price spread now: Bitget against BloFin+0.222%7-day average +0.242% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$660.663% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 3 days (all we have)+0.202%+$20 · spread now +0.222%, 7d avg +0.242%
=Funding pays, the price is against you. Bitget is 0.021% cheaper against BloFin than usual: you would sell low and buy high (spread +0.222% now, against its 7-day average of +0.242%). If the spread goes back, that is −$2 on $10k: about 5.3 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.012% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PROM-USDT | 5.0080 | 0.0105 | pay 0.0053% / 4h | 26m 55s | $825K | $301K | 50x |
| Short | Bitget PROMUSDT | 5.0191 | 0.0118 | get 0.0059% / 4h | 26m 55s | $4.3M | $411K | 10x |
BloFin PROM-USDT
Bitget PROMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $2.71
- Price spread: +0.222% → +0.242%
- −$2.06
- Slippage, 4 orders
- −$42.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$65.68
- Costs to cover
- 0.663%
- Break-even
- 176.7 days
Slippage from BloFin: live order book, 50 min ago; Bitget: live order book, 1 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, 50 min ago | 1.00 bp | 12.3 bp −$12 | 28.4 bp −$284 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.88 bp | 21.4 bp −$21 | 53.7 bp −$537 | 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 | 5.0069 | −0.022% | $134K | $21K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 5.0068 | −0.024% | $16.2M | $8.3M | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 5.0080 | 0.000% | $421K | $155K | 20x | as long as short |
| KuCoin PROMUSDTM | +0.0100% | 4h | 5.0137 | +0.114% | $1.1M | $88K | 30x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 5.0080 | +0.001% | $921 | — | 5x | as long as short |
| BloFin PROM-USDTlong | +0.0105% | 4h | 5.0080 | long leg | $825K | $301K | 50x | |
| Bitget PROMUSDTshort | +0.0118% | 4h | 5.0191 | +0.222% | $4.3M | $411K | 10x | |
| BingX PROM-USDT | +0.0128% | 4h | 5.0080 | 0.000% | — | $1.4M | — | as long as short |
| Gate PROM_USDT | +0.0232% | 4h | 5.0050 | −0.060% | $781K | $920K | 50x | as long as short |
Aster PROMUSDT
Binance PROMUSDT
MEXC PROM_USDT
KuCoin PROMUSDTM
Extended PROM-USD
BingX PROM-USDT
Gate PROM_USDT