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+0.1953%/8h= +213.9% APRpaid last 24h
Price spread now: Deribit against Aster+0.141%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 7 daysno 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 +$59 a day on $10k at the current rate, and Deribit is 0.141% dearer against Aster than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PRLUSDT0.11800.0367pay 0.0184% / 4h14m 53s$5K$1K5x
ShortDeribit PRL_USDC-PERPETUAL0.11820.2320get 0.0290% / 1h14m 53s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$410.14
Price spread: +0.141% → 0.000%
$14.11
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$409.26
Costs to cover
0.150%
Break-even
0.0 days
Slippage unknown: Aster: no order-book sample; Deribit: no order-book sample. 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 Deribit no order-book sample
Aster and Deribit: 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+0.0045%4h0.1182+0.145%$137K$14K25xas long as short
Bybit PRLUSDT+0.0100%4h0.1182+0.145%$737K$592K25xas long as short
Gate PRL_USDT+0.0100%4h0.1183+0.196%$100K$61K20xas long as short
KuCoin PRLUSDTM+0.0100%4h0.1181+0.018%$1.5M$270K20xas long as short
Bitget PRLUSDT+0.0100%4h0.1182+0.145%$850K$398K20xas long as short
SunX PRL-USDT+0.0100%4h0.1180−0.024%$1K$1.1M20xas long as short
Aster PRLUSDTlong+0.0367%4h0.1180long leg$5K$1K5x
BingX PRL-USDT+0.0368%4h0.1181+0.061%$1.6Mas long as short
Coinbase International PRL-PERP-INTX+0.0368%1h0.1179−0.091%$17K$12K50xas long as short
MEXC PRL_USDT+0.0374%4h0.1181+0.061%$502K$167K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PRLUSDT+0.0375%4h0.1182+0.138%$2.1M$2.4M20xas long as short
Extended PRL-USD+0.0376%1h0.1181+0.066%$773$215K5xas long as short
Deribit PRL_USDC-PERPETUALshort+0.2320%1h0.1182+0.141%10x