PEARL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AsterPEARLUSDT	1.4797	+0.0758	pay 0.0095% / 1h	46m 50s	$117K	$129K	5x	Long Aster≤10% back
SHORT	Entropyio:PRL	1.5101	−0.4899	pay 0.0612% / 1h	46m 50s	$7.9M	$3.1M	3x	Short Entropy

Price gap+2.056%

Funding gap−0.5657% /8h

The gap pays +$89 on $10k if it goes back to its 7d average, but funding costs $170 a day and eats that in about 13 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$262−0.5657% /8h now · paid +2.618% over the last 7D

Price+$89spread +2.056% now, avg +1.162% → +0.894% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs+$351+3.51%+ Points / potential airdropAster: Stage 5 · farm boardcosts unknown: book too thin at $10k ·

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +2.618% in total, about +0.1247%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+2.056%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PEARL on 8 exchanges

lowest funding first

Before you open

4 ok · 2 to watch

Watch: Thin at this size1625.0 / 133.9 bp
At $10k entering Aster costs 1625.0 bp, fee and slippage, 12.1× Entropy’s.
Note: Margin at max leverage$2,000 + $3,333
Aster 5x, Entropy 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$169.71Long Aster: 24 payments, −$22.74; short Entropy: 24 payments, −$146.97.
OK: Entry gap works for you+2.056% vs +1.162%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$117K vs $7.9M OI
Aster sets your exit cost. Check its book before closing.
OK: Points on a legAster Stage 5
Volume here counts toward the points program.
OK: No KYC on either legAster No · Entropy No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.1247%/8h × 21 periods+$261.77

Price spread+2.056% → +1.162% (7d avg)+$89.41

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee Aster bp × 2 orders−$8.00

Fee Entropy bp × 2 orders−$1.80

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: Aster: live order book, 32 min ago; Entropy: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGAster77.501625.0 bp−$1,625doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTEntropy26.72133.9 bp−$134412.6 bp−$4,126doesn’t fitdoesn’t fit

Closing costs about the same again.

PEARL news

posts that mention PEARL, from every exchange

11-05 14:20	Ondo Perps	Listing	new market PEARL-USD.P ($PEARL) seen by our collector
11-02 14:42	TxFlow	Listing	At the community’s request, TxFlow has listed $PEARL. Pearl, a Layer 1 blockchain designed to use AI computation for security through Proof-of-Useful-Work, now available with up to 3x leverage. @TxFlow_L1 on X ↗
10-31 10:23	Orderly	Listing	Our listing spree continues $PEARL, the native token of @prlnet's proof-of-useful-work L1, is now LIVE as a perp on Orderly Go long or short across 500+ Orderly-powered DEXs @OrderlyNetwork on X ↗
10-30 14:58	Orderly	Listing	new market PERP_PEARL_USDC_mythos ($PEARL) seen by our collector
10-30 05:30	TxFlow	Listing	new market PEARL-USDC ($PEARL) seen by our collector
10-22 10:09	edgeX	Listing	new market PEARLUSDC ($PEARL) seen by our collector