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

PRL

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0615%/8h= −67.3% APRnext payment $3.07 per $10,000 · paid last 24h −0.134%
Price spread now: Bitget against Aster−0.033%7-day average · you buy dearer than you sell
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 6 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 against this trade now: funding costs −$18 a day on $10k at the current rate, and Bitget is 0.033% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PRLUSDT0.11780.0715pay 0.0357% / 4h2h 32m$5K$1K5x
ShortBitget PRLUSDT0.11780.0100get 0.0050% / 4h2h 32m$846K$419K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$129.11
Price spread: −0.033% → 0.000%
−$3.28
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$152.39
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 13 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 Bitget live order book, 13 min ago8.47 bp25.9 bp −$26221.8 bp −$2,218doesn't fitdoesn't fit
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 13 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
BloFin PRL-USDT+0.0095%4h0.1184+0.476%$139K$14K25xas long as short
Bybit PRLUSDT+0.0100%4h0.1179+0.052%$726K$583K25xas long as short
Gate PRL_USDT+0.0100%4h0.1181+0.188%$100K$65K20xas long as short
Bitget PRLUSDTshort+0.0100%4h0.1178−0.033%$846K$419K20x
SunX PRL-USDT+0.0100%4h0.1176−0.202%$2K$1.1M20xas long as short
Coinbase International PRL-PERP-INTX+0.0352%1h0.1179+0.070%$17K$12K50xas long as short
KuCoin PRLUSDTM+0.0548%4h0.1178−0.050%$1.5M$264K20xas long as short
Deribit PRL_USDC-PERPETUAL+0.0617%1h0.1178−0.029%10xas long as short
BingX PRL-USDT+0.0666%4h0.1178−0.033%$1.6Mas long as short
Binance PRLUSDT+0.0672%4h0.1179+0.085%$2.1M$2.4M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PRL_USDT+0.0684%4h0.1179+0.052%$473K$176K20xas long as short
Extended PRL-USD+0.0688%1h0.1179+0.050%$3K$167K5xas long as short
Aster PRLUSDTlong+0.0715%4h0.1178long leg$5K$1K5x