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+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h −0.067%
Price spread now: Bybit against Aster+0.263%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 Bybit is 0.263% dearer against Aster than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PRLUSDT0.11680.0683pay 0.0341% / 4h56m 31s$6K$6145x
ShortBybit PRLUSDT0.11710.0923get 0.0462% / 4h56m 31s$761K$547K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$50.47
Price spread: +0.263% → 0.000%
$26.3
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$57.77
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 63 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 Bybit live order book, 63 min ago4.26 bp91.3 bp −$91doesn't fitdoesn'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
Gate PRL_USDT+0.0100%4h0.1169+0.075%$99K$65K20xas long as short
Bitget PRLUSDT+0.0100%4h0.1171+0.263%$836K$402K20xas long as short
SunX PRL-USDT+0.0100%4h0.1166−0.165%$1K$1.1M20xas long as short
Binance PRLUSDT+0.0592%4h0.1172+0.354%$2.1M$2.3M20xas long as short
Extended PRL-USD+0.0600%1h0.1170+0.167%$3K$149K5xas long as short
MEXC PRL_USDT+0.0602%4h0.1169+0.092%$462K$170K20xas long as short
KuCoin PRLUSDTM+0.0614%4h0.1168+0.006%$1.5M$247K20xas long as short
Aster PRLUSDTlong+0.0683%4h0.1168long leg$6K$6145x
Coinbase International PRL-PERP-INTX+0.0840%1h0.1171+0.276%$17K$12K50xas long as short
BingX PRL-USDT+0.0878%4h0.1171+0.263%$1.6Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PRLUSDTshort+0.0923%4h0.1171+0.263%$761K$547K25x
BloFin PRL-USDT+0.0958%4h0.1172+0.349%$136K$14K25xas long as short
Deribit PRL_USDC-PERPETUAL+0.2264%1h0.1168+0.045%10xas long as short