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+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h −0.015%
Price spread now: Aster against Binance−0.090%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
Funding pays, the price is against you. Aster is 0.090% cheaper against Binance than usual: you would sell low and buy high (spread −0.090% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 7.1 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PRLUSDT0.11800.0672pay 0.0336% / 4h2h 32m$2.1M$2.4M20x
ShortAster PRLUSDT0.11780.0715get 0.0357% / 4h2h 32m$5K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$8.92
Price spread: −0.090% → 0.000%
−$8.99
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$18.07
Costs to cover
0.180%
Break-even
21.2 days
Slippage unknown: Binance: live order book, 3 min ago; Aster: 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 Binance live order book, 3 min ago4.22 bp29.1 bp −$29303.7 bp −$3,037doesn't fitdoesn't fit
Sell Aster no order-book sample
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+0.377%$139K$14K25xas long as short
Bybit PRLUSDT+0.0100%4h0.1179−0.047%$726K$583K25xas long as short
Gate PRL_USDT+0.0100%4h0.1181+0.080%$100K$65K20xas long as short
Bitget PRLUSDT+0.0100%4h0.1178−0.132%$846K$419K20xas long as short
SunX PRL-USDT+0.0100%4h0.1177−0.217%$2K$1.1M20xas long as short
Coinbase International PRL-PERP-INTX+0.0352%1h0.1179−0.029%$17K$12K50xas long as short
KuCoin PRLUSDTM+0.0548%4h0.1178−0.149%$1.5M$264K20xas long as short
BingX PRL-USDT+0.0666%4h0.1178−0.132%$1.6Mas long as short
Extended PRL-USD+0.0672%1h0.1179−0.027%$3K$167K5xas long as short
Binance PRLUSDTlong+0.0672%4h0.1180long leg$2.1M$2.4M20x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PRL_USDT+0.0684%4h0.1179−0.047%$473K$176K20xas long as short
Aster PRLUSDTshort+0.0715%4h0.1178−0.090%$5K$1K5x
Deribit PRL_USDC-PERPETUAL+0.1483%1h0.1179−0.051%10xas long as short