Funding you earn now, next payment 00:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.057%
Price spread now: Gate against MEXC+0.080%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$980.983% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.080%, 7d avg +0.113%
=Funding pays, the price is against you. Gate is 0.033% cheaper against MEXC than usual: you would sell low and buy high (spread +0.080% now, against its 7-day average of +0.113%). If the spread goes back, that is −$3 on $10k: about 19 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PROM_USDT | 5.0190 | 0.0100 | pay 0.0050% / 4h | 21m 47s | $422K | $156K | 20x |
| Short | Gate PROM_USDT | 5.0230 | 0.0240 | get 0.0120% / 4h | 21m 47s | $784K | $924K | 50x |
MEXC PROM_USDT
Gate PROM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- $29.4
- Price spread: +0.080% → +0.113%
- −$3.3
- Slippage, 4 orders
- −$79.33
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$72.23
- Costs to cover
- 0.983%
- Break-even
- 24.2 days
Slippage from MEXC: live order book, 39 min ago; Gate: live order book, 55 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 MEXC live order book, 39 min ago | 2.00 bp | 12.1 bp −$12 | 56.2 bp −$562 | 220.3 bp −$22.0K | 595.3 bp −$297.6K |
| Sell Gate live order book, 55 min ago | 2.01 bp | 32.5 bp −$33 | doesn't fit | 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 | +0.0100% | 4h | 5.0200 | +0.020% | $134K | $21K | 5x | as long as short |
| Binance PROMUSDT | +0.0100% | 4h | 5.0180 | −0.020% | $16.2M | $8.3M | 50x | as long as short |
| MEXC PROM_USDTlong | +0.0100% | 4h | 5.0190 | long leg | $422K | $156K | 20x | |
| KuCoin PROMUSDTM | +0.0100% | 4h | 5.0238 | +0.096% | $1.1M | $88K | 30x | as long as short |
| Bitget PROMUSDT | +0.0102% | 4h | 5.0298 | +0.215% | $4.3M | $426K | 10x | as long as short |
| Extended PROM-USD | +0.0104% | 1h | 5.0160 | −0.059% | $921 | — | 5x | as long as short |
| BingX PROM-USDT | +0.0108% | 4h | 5.0200 | +0.020% | — | $1.4M | — | as long as short |
| BloFin PROM-USDT | +0.0129% | 4h | 5.0190 | 0.000% | $827K | $302K | 50x | as long as short |
| Gate PROM_USDTshort | +0.0240% | 4h | 5.0230 | +0.080% | $784K | $924K | 50x |
Aster PROMUSDT
Binance PROMUSDT
KuCoin PROMUSDTM
Bitget PROMUSDT
Extended PROM-USD
BingX PROM-USDT
BloFin PROM-USDT