Funding you earn now, next payment 00:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.053%
Price spread now: BloFin against Gate−0.060%78s7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as 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−$1041.036% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 3 days (all we have)−0.238%−$24 · spread now −0.060%, 7d avg −0.153%
=The price spread pays, funding is against you. BloFin is 0.092% dearer against Gate than usual: you sell high and buy low (spread −0.060% now, against its 7-day average of −0.153%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 7 days (−0.150% in total) that is about 4.3 days. The two prices were read 78 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 | Gate PROM_USDT | 4.9850 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $769K | $916K | 50x |
| Short | BloFin PROM-USDT | 4.9820 | 0.0083 | get 0.0041% / 4h | 2h 07m | $812K | $299K | 50x |
Gate PROM_USDT
BloFin PROM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$3.59
- Price spread: −0.060% → −0.153%
- $9.25
- Slippage, 4 orders
- −$76.6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$97.93
- Costs to cover
- 1.036%
- Break-even
- never at this rate
Slippage from Gate: live order book, 14 min ago; BloFin: live order book, 14 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 Gate live order book, 14 min ago | 6.99 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 3.00 bp | 16.6 bp −$17 | 30.8 bp −$308 | 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 | −0.0173% | 4h | 4.9836 | −0.028% | $133K | $22K | 5x | as long as short |
| BloFin PROM-USDTshort | +0.0083% | 4h | 4.9820 | −0.060% | $812K | $299K | 50x | |
| MEXC PROM_USDT | +0.0088% | 4h | 4.9880 | +0.060% | $422K | $158K | 20x | as long as short |
| Binance PROMUSDT | +0.0092% | 4h | 4.9872 | +0.045% | $16.2M | $8.1M | 50x | as long as short |
| Extended PROM-USD | +0.0096% | 1h | 4.9874 | +0.049% | $918 | — | 5x | as long as short |
| KuCoin PROMUSDTM | +0.0098% | 4h | 4.9866 | +0.032% | $1.1M | $77K | 30x | as long as short |
| Gate PROM_USDTlong | +0.0100% | 4h | 4.9850 | long leg | $769K | $916K | 50x | |
| Bitget PROMUSDT | +0.0100% | 4h | 4.9920 | +0.140% | $4.3M | $420K | 10x | as long as short |
| BingX PROM-USDT | +0.0100% | 4h | 4.9840 | −0.020% | — | $1.4M | — | as long as short |
Aster PROMUSDT
MEXC PROM_USDT
Binance PROMUSDT
Extended PROM-USD
KuCoin PROMUSDTM
Bitget PROMUSDT
BingX PROM-USDT