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

PROM

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against MEXC+0.020%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$490.491% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 3 days (all we have)−0.199%−$20 · spread now +0.020%, 7d avg −0.037%
Together, before fees−0.185%−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.058% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PROM_USDT4.97800.0100pay 0.0050% / 4h1h 45m$422K$153K20x
ShortBloFin PROM-USDT4.97900.0120get 0.0060% / 4h1h 45m$813K$299K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$4.12
Price spread: +0.020% → −0.037%
$5.75
Slippage, 4 orders
−$33.07
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$39.19
Costs to cover
0.491%
Break-even
73.5 days
Slippage from MEXC: live order book, 29 min ago; BloFin: live order book, 37 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, 29 min ago1.00 bp10.1 bp −$1040.7 bp −$407188.1 bp −$18.8K533.1 bp −$266.6K
Sell BloFin live order book, 37 min ago3.00 bp16.6 bp −$1730.8 bp −$308doesn'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
Aster PROMUSDT−0.0127%4h4.9800+0.040%$133K$21K5xas long as short
Binance PROMUSDT+0.0100%4h4.97800.000%$16.2M$8.1M50xas long as short
Gate PROM_USDT+0.0100%4h4.9820+0.080%$767K$901K50xas long as short
MEXC PROM_USDTlong+0.0100%4h4.9780long leg$422K$153K20x
KuCoin PROMUSDTM+0.0100%4h4.9839+0.119%$1.1M$77K30xas long as short
Bitget PROMUSDT+0.0100%4h4.9884+0.209%$4.3M$420K10xas long as short
BingX PROM-USDT+0.0100%4h4.9810+0.060%$1.4Mas long as short
Extended PROM-USD+0.0104%1h4.9770−0.019%$9185xas long as short
BloFin PROM-USDTshort+0.0120%4h4.9790+0.020%$813K$299K50x