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

PROM

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.006%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1251.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.152%+$15 on $10k
Price spread, last 7 days−0.048%−$5 · spread now +0.006%, 7d avg −0.062%
Together, before fees+0.104%+$10 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: Binance is 0.067% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PROMUSDTM4.85610.0100pay 0.0050% / 4h2h 01m$1.1M$88K30x
ShortBinance PROMUSDT4.85640.0100get 0.0050% / 4h2h 01m$15.6M$9.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: +0.006% → −0.062%
$6.71
Slippage, 4 orders
−$102.93
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$118.22
Costs to cover
1.249%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 9 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 KuCoin live order book, 3 min ago7.41 bp40.0 bp −$40134.3 bp −$1,343doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago1.03 bp14.8 bp −$1548.5 bp −$485doesn't fitdoesn't fit

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
BloFin PROM-USDT+0.0094%4h4.8520−0.084%$792K$289K50xas long as short
Aster PROMUSDT+0.0100%4h4.8609+0.099%$130K$11K5xas long as short
Binance PROMUSDTshort+0.0100%4h4.8564+0.006%$15.6M$9.0M50x
MEXC PROM_USDT+0.0100%4h4.8550−0.023%$413K$156K20xas long as short
KuCoin PROMUSDTMlong+0.0100%4h4.8561long leg$1.1M$88K30x
Extended PROM-USD+0.0104%1h4.8496−0.133%$8935xas long as short
Bitget PROMUSDT+0.0392%4h4.8633+0.148%$4.2M$409K10xas long as short
BingX PROM-USDT+0.0392%4h4.8570+0.019%$1.5Mas long as short
Gate PROM_USDT+0.0406%4h4.8550−0.023%$712K$1.1M50xas long as short