PEARL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	edgeXPEARLUSDC	1.4754	+0.0067	pay 0.0034% / 4h	3h 46m	$9K	$164K	5x	Long edgeX
SHORT	Entropyio:PRL	1.5101	−0.4899	pay 0.0612% / 1h	46m 38s	$7.9M	$3.1M	3x	Short Entropy

Price gap+2.355%59s

Funding gap−0.4966% /8h

The gap pays +$172 on $10k if it goes back to its 7d average, but funding costs $149 a day and eats that in about 28 hours.

If you open now and hold

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

Funding+$356−0.4966% /8h now · paid +3.556% over the last 7D

Price—spread +2.355%59s now · prices read too far apart to compare

Costs−$4664.659% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropedgeX: points · farm boardneeds both prices read together

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+2.355%

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

2 ok · 4 to watch

Watch: Thin at this size75.6 / 133.9 bp
At $10k entering Entropy costs 133.9 bp, fee and slippage, 1.8× edgeX’s.
Note: Margin at max leverage$2,000 + $3,333
edgeX 5x, Entropy 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$148.98Long edgeX: 6 payments, −$2.01; short Entropy: 24 payments, −$146.97.
Watch: Prices read 59 s apart+2.355% vs +0.639%
Part of this gap may be the market moving.
Watch: Long leg is thinner$9K vs $7.9M OI
edgeX sets your exit cost. Check its book before closing.
OK: Points on a legedgeX points
Volume here counts toward the points program.
OK: No KYC on either legedgeX 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+0.1693%/8h × 21 periods+$355.63

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$455.10

Fee edgeX bp × 2 orders−$9.00

Fee Entropy bp × 2 orders−$1.80

Net · 7 days · $10k−$110.27

price spread not counted: prices read too far apart

Costs to cover4.659%Break-even9.2 days

Slippage: edgeX: live order book, 33 min ago; Entropy: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGedgeX20.5975.6 bp−$76doesn’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