Funding you earn now, next payment 08:00 UTC+0.0057%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against BloFin+0.216%50s7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as 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−$1331.333% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.216%, 7d avg +0.127%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.089% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.127%. Mind the row above: over the last 7 days funding on this pair cost −0.166%, so the current rate has only just turned in your favour. The two prices were read 50 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 | 4.8160 | 0.0043 | pay 0.0021% / 4h | 1h 26m | $793K | $286K | 50x |
| Short | KuCoin PROMUSDTM | 4.8264 | 0.0100 | get 0.0050% / 4h | 1h 26m | $1.1M | $93K | 30x |
BloFin PROM-USDT
KuCoin PROMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $12.07
- Price spread: +0.216% → +0.127%
- $8.9
- Slippage, 4 orders
- −$109.29
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$112.31
- Costs to cover
- 1.333%
- Break-even
- 72.1 days
Slippage from BloFin: live order book, 60 min ago; KuCoin: live order book, 8 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, 60 min ago | 5.16 bp | 12.8 bp −$13 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 11.42 bp | 57.6 bp −$58 | 200.0 bp −$2,000 | 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-USDTlong | +0.0043% | 4h | 4.8160 | long leg | $793K | $286K | 50x | |
| Aster PROMUSDT | +0.0100% | 4h | 4.8249 | +0.185% | $133K | $15K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 4.8277 | +0.243% | $15.5M | $9.1M | 50x | as long as short |
| Gate PROM_USDT | +0.0100% | 4h | 4.8170 | +0.021% | $706K | $1.1M | 50x | as long as short |
| MEXC PROM_USDT | +0.0100% | 4h | 4.8260 | +0.208% | $409K | $154K | 20x | as long as short |
| KuCoin PROMUSDTMshort | +0.0100% | 4h | 4.8264 | +0.216% | $1.1M | $93K | 30x | |
| Extended PROM-USD | +0.0104% | 1h | 4.8159 | −0.002% | $888 | — | 5x | as long as short |
| Bitget PROMUSDT | +0.0230% | 4h | 4.8278 | +0.245% | $4.2M | $433K | 10x | as long as short |
| BingX PROM-USDT | +0.0242% | 4h | 4.8270 | +0.228% | — | $1.5M | — | as long as short |
Aster PROMUSDT
Binance PROMUSDT
Gate PROM_USDT
MEXC PROM_USDT
Extended PROM-USD
Bitget PROMUSDT
BingX PROM-USDT