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

PRL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0236%/8h= +25.9% APRnext payment +$1.18 per $10,000 · paid last 24h +0.020%
Price spread now: BingX against Aster+0.197%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.197% dearer against Aster than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PRLUSDT0.11730.0534pay 0.0267% / 4h2h 33m$6K$6145x
ShortBingX PRL-USDT0.11750.0770get 0.0385% / 4h2h 33m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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
$49.59
Price spread: +0.197% → 0.000%
$19.7
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$51.3
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; BingX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell BingX live order book, 4 min ago12.78 bp32.2 bp −$3297.2 bp −$972984.0 bp −$98.4K1374.8 bp −$687.4K
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PRL on 12 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
Gate PRL_USDT+0.0100%4h0.1175+0.189%$99K$63K20xas long as short
Bitget PRLUSDT+0.0100%4h0.1173+0.026%$838K$404K20xas long as short
SunX PRL-USDT+0.0100%4h0.1172−0.059%$1K$1.1M20xas long as short
Coinbase International PRL-PERP-INTX+0.0272%1h0.1184+0.952%$17K$12K50xas long as short
KuCoin PRLUSDTM+0.0426%4h0.1173+0.026%$1.5M$262K20xas long as short
Extended PRL-USD+0.0472%1h0.11730.000%$2K$157K5xas long as short
MEXC PRL_USDT+0.0472%4h0.1173+0.026%$466K$172K20xas long as short
Binance PRLUSDT+0.0477%4h0.1174+0.104%$2.1M$2.4M20xas long as short
Aster PRLUSDTlong+0.0534%4h0.1173long leg$6K$6145x
BingX PRL-USDTshort+0.0770%4h0.1175+0.197%$1.6M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PRLUSDT+0.0953%4h0.1174+0.112%$782K$548K25xas long as short
Deribit PRL_USDC-PERPETUAL+0.2870%1h0.1174+0.085%10xas long as short