Funding you earn now, next payment 01:00 UTC+0.0985%/8h= +107.8% APRpaid last 24h —
Price spread now: Deribit against BingX+0.089%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Deribit is 0.089% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PRL-USDT | 0.1177 | 0.1728 | pay 0.0864% / 4h | 3h 18m | — | $1.6M | — |
| Short | Deribit PRL_USDC-PERPETUAL | 0.1178 | 0.2713 | get 0.0339% / 1h | 18m 35s | — | — | 10x |
BingX PRL-USDT
Deribit PRL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BingX. 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
- $206.81
- Price spread: +0.089% → 0.000%
- $8.92
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $198.73
- Costs to cover
- 0.170%
- Break-even
- 0.3 days
Slippage unknown: BingX: live order book, 13 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 13 min ago | 12.72 bp | 45.5 bp −$45 | 130.8 bp −$1,308 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PRL_USDT | +0.0100% | 4h | 0.1177 | +0.008% | $99K | $62K | 20x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1177 | 0.000% | $835K | $390K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1176 | −0.085% | $1K | $1.1M | 20x | as long as short |
| Coinbase International PRL-PERP-INTX | +0.0176% | 1h | 0.1166 | −0.977% | $17K | $12K | 50x | as long as short |
| KuCoin PRLUSDTM | +0.0350% | 4h | 0.1177 | +0.034% | $1.5M | $263K | 20x | as long as short |
| Binance PRLUSDT | +0.0453% | 4h | 0.1177 | −0.015% | $2.1M | $2.4M | 20x | as long as short |
| Extended PRL-USD | +0.0456% | 1h | 0.1177 | −0.008% | $2K | $164K | 5x | as long as short |
| MEXC PRL_USDT | +0.0456% | 4h | 0.1176 | −0.085% | $470K | $174K | 20x | as long as short |
| Aster PRLUSDT | +0.0529% | 4h | 0.1177 | −0.001% | $6K | $614 | 5x | as long as short |
| Bybit PRLUSDT | +0.1288% | 4h | 0.1178 | +0.085% | $796K | $531K | 25x | as long as short |
Gate PRL_USDT
Bitget PRLUSDT
SunX PRL-USDT
Coinbase International PRL-PERP-INTX
KuCoin PRLUSDTM
Binance PRLUSDT
Extended PRL-USD
MEXC PRL_USDT
Aster PRLUSDT
Bybit PRLUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PRL-USDT | +0.1357% | 4h | 0.1179 | +0.170% | $136K | $14K | 25x | as long as short |
| BingX PRL-USDTlong | +0.1728% | 4h | 0.1177 | long leg | — | $1.6M | — | |
| Deribit PRL_USDC-PERPETUALshort | +0.2713% | 1h | 0.1178 | +0.089% | — | — | 10x |
BloFin PRL-USDT