Funding arb · Price arb / Crypto
PEARL
All PEARL markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.5334 | −0.3929 | get 0.0491% / 1h | 51m 42s | $8.0M | $3.0M | 3x | Long Entropy | |
| SHORT | 1.5167 | +0.0045 | get 0.0023% / 4h | 3h 51m | $9K | $164K | 5x | Short edgeX |
Price gap−1.087%
Funding gap+0.3974% /8h
Funding pays +$119 a day on $10k, but the gap is 0.449% under its 7d average: −$45 if it goes back, about 9 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$356+0.3974% /8h now · paid −3.556% over the last 7D
Price−$45spread −1.087% now, avg −0.638% → −0.449% if it goes back
Costs−$3803.799% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / 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−1.087%
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
/8hPEARL on 8 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size65.4 / 115.8 bpAt $10k entering edgeX costs 115.8 bp, fee and slippage, 1.8× Entropy’s.
- Note: Margin at max leverage$3,333 + $2,000Entropy 3x, edgeX 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$119.22Long Entropy: 24 payments, +$117.87; short edgeX: 6 payments, +$1.35.
- Watch: Gap narrower than usual−1.087% vs −0.638%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$9K vs $8.0M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legEntropy No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.1693%/8h × 21 periods−$355.63
Price spread−1.087% → −0.638% (7d avg)−$44.88
Slippage, 4 orderslive order books−$369.07
Fee Entropy bp × 2 orders−$1.80
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$780.38
Costs to cover3.799%Break-evennever at this rate
Slippage: Entropy: live order book, 7 min ago; edgeX: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGEntropy8.4565.4 bp−$65doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTedgeX20.59115.8 bp−$116doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
PEARL news
posts that mention PEARL, from every exchange| 11-05 14:20 | Ondo Perps | Listing | new market PEARL-USD.P ($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 |
