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

PROM

all PROM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.021%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$540.545% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.188%+$19 · spread now +0.021%, 7d avg 0.000%
Together, before fees+0.189%+$19 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 0.020% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PROM_USDT4.84500.0100pay 0.0050% / 4h16m 56s$405K$156K20x
ShortBinance PROMUSDT4.84600.0100get 0.0050% / 4h16m 56s$15.6M$8.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: +0.021% → 0.000%
$2.03
Slippage, 4 orders
−$40.47
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$52.44
Costs to cover
0.545%
Break-even
never at this rate
Slippage from MEXC: live order book, 24 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 MEXC live order book, 24 min ago2.06 bp9.8 bp −$1027.9 bp −$279182.1 bp −$18.2K541.9 bp −$271.0K
Sell Binance live order book, 9 min ago2.06 bp17.1 bp −$1750.8 bp −$508doesn'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+0.0082%4h4.8500+0.103%$796K$286K50xas long as short
Aster PROMUSDT+0.0100%4h4.8452+0.004%$130K$20K5xas long as short
Binance PROMUSDTshort+0.0100%4h4.8460+0.021%$15.6M$8.8M50x
Gate PROM_USDT+0.0100%4h4.8480+0.062%$716K$969K50xas long as short
MEXC PROM_USDTlong+0.0100%4h4.8450long leg$405K$156K20x
KuCoin PROMUSDTM+0.0100%4h4.8540+0.186%$1.1M$86K30xas long as short
Extended PROM-USD+0.0104%1h4.8447−0.007%$8915xas long as short
BingX PROM-USDT+0.0258%4h4.8470+0.041%$1.5Mas long as short
Bitget PROMUSDT+0.0272%4h4.8572+0.252%$4.2M$413K10xas long as short