Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against Binance0.000%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1101.101% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now 0.000%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.035% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PRLUSDT | 0.1181 | 0.0410 | pay 0.0205% / 4h | 6m 16s | $2.1M | $2.4M | 20x |
| Short | MEXC PRL_USDT | 0.1181 | 0.0408 | get 0.0204% / 4h | 6m 16s | $472K | $175K | 20x |
Binance PRLUSDT
MEXC PRL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.38
- Price spread: 0.000% → −0.035%
- $3.46
- Slippage, 4 orders
- −$96.14
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$107.06
- Costs to cover
- 1.101%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 63 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 14 min ago | 4.22 bp | 35.8 bp −$36 | 354.3 bp −$3,543 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 63 min ago | 4.25 bp | 20.9 bp −$21 | 68.2 bp −$682 | 296.3 bp −$29.6K | 886.5 bp −$443.2K |
PRL on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PRL_USDT | +0.0100% | 4h | 0.1184 | +0.220% | $99K | $62K | 20x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1182 | +0.085% | $845K | $378K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1181 | 0.000% | $2K | $1.1M | 20x | as long as short |
| Coinbase International PRL-PERP-INTX | +0.0176% | 1h | 0.1166 | −1.312% | $17K | $12K | 50x | as long as short |
| BloFin PRL-USDT | +0.0225% | 4h | 0.1184 | +0.254% | $136K | $14K | 25x | as long as short |
| Bybit PRLUSDT | +0.0247% | 4h | 0.1183 | +0.169% | $803K | $526K | 25x | as long as short |
| KuCoin PRLUSDTM | +0.0278% | 4h | 0.1182 | +0.068% | $1.5M | $266K | 20x | as long as short |
| BingX PRL-USDT | +0.0390% | 4h | 0.1183 | +0.169% | — | $1.6M | — | as long as short |
| Extended PRL-USD | +0.0408% | 1h | 0.1181 | −0.020% | $4K | $158K | 5x | as long as short |
| MEXC PRL_USDTshort | +0.0408% | 4h | 0.1181 | 0.000% | $472K | $175K | 20x |
Gate PRL_USDT
Bitget PRLUSDT
SunX PRL-USDT
Coinbase International PRL-PERP-INTX
BloFin PRL-USDT
Bybit PRLUSDT
KuCoin PRLUSDTM
BingX PRL-USDT
Extended PRL-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PRLUSDTlong | +0.0410% | 4h | 0.1181 | long leg | $2.1M | $2.4M | 20x | |
| Aster PRLUSDT | +0.0491% | 4h | 0.1181 | +0.009% | $6K | $614 | 5x | as long as short |
| Deribit PRL_USDC-PERPETUAL | +0.1301% | 1h | 0.1181 | +0.029% | — | — | 10x | as long as short |
Aster PRLUSDT
Deribit PRL_USDC-PERPETUAL