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

PROM

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0052%/8h= −5.7% APRnext payment $0.26 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against KuCoin−0.109%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1341.342% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.166%+$17 on $10k
Price spread, last 4 days (all we have)−0.175%−$18 · spread now −0.109%, 7d avg −0.125%
Together, before fees−0.010%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.125%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.166%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PROMUSDTM4.87130.0100pay 0.0050% / 4h2h 10m$1.1M$88K30x
ShortBloFin PROM-USDT4.86600.0048get 0.0024% / 4h2h 10m$794K$289K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$11
Price spread: −0.109% → −0.125%
$1.67
Slippage, 4 orders
−$110.17
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$143.5
Costs to cover
1.342%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 16 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, 4 min ago8.73 bp49.3 bp −$49160.4 bp −$1,604doesn't fitdoesn't fit
Sell BloFin live order book, 16 min ago5.16 bp16.8 bp −$1741.1 bp −$411doesn'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-USDTshort+0.0048%4h4.8660−0.109%$794K$289K50x
Aster PROMUSDT+0.0100%4h4.8667−0.094%$130K$11K5xas long as short
Binance PROMUSDT+0.0100%4h4.8680−0.068%$15.6M$9.0M50xas long as short
MEXC PROM_USDT+0.0100%4h4.8670−0.088%$414K$155K20xas long as short
KuCoin PROMUSDTMlong+0.0100%4h4.8713long leg$1.1M$88K30x
Extended PROM-USD+0.0104%1h4.8667−0.094%$8935xas long as short
BingX PROM-USDT+0.0446%4h4.8690−0.047%$1.5Mas long as short
Bitget PROMUSDT+0.0458%4h4.8762+0.101%$4.2M$408K10xas long as short
Gate PROM_USDT+0.0628%4h4.8700−0.027%$715K$1.1M50xas long as short