Settings8H · net · $10k
Funding arb · Price arb /

PRL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.003%
Price spread now: Extended against BingX+0.065%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$2052.045% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.253%−$25 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.065%, 7d avg −0.006%
Together, before fees−0.369%+ Points / potential airdropExtended: Active · farm board−$37 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.071% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PRL-USDT0.11820.0392pay 0.0196% / 4h9m 44s$1.6M
ShortExtended PRL-USD0.11830.0400get 0.0050% / 1h9m 44s$4K$158K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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
$1.68
Price spread: +0.065% → −0.006%
$7.08
Slippage, 4 orders
−$189.53
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$195.77
Costs to cover
2.045%
Break-even
822.7 days
Slippage from BingX: live order book, 8 min ago; Extended: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago12.69 bp49.4 bp −$49135.9 bp −$1,359doesn't fitdoesn't fit
Sell Extended live order book, 1 min ago5.08 bp74.1 bp −$74doesn't fitdoesn't fitdoesn't fit

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%4h0.1184+0.212%$100K$62K20xas long as short
Bitget PRLUSDT+0.0100%4h0.1183+0.085%$846K$377K20xas long as short
SunX PRL-USDT+0.0100%4h0.11820.000%$2K$1.1M20xas long as short
Coinbase International PRL-PERP-INTX+0.0176%1h0.1166−1.396%$17K$12K50xas long as short
Bybit PRLUSDT+0.0252%4h0.1183+0.085%$802K$526K25xas long as short
BloFin PRL-USDT+0.0269%4h0.1183+0.085%$136K$14K25xas long as short
KuCoin PRLUSDTM+0.0282%4h0.11820.000%$1.5M$267K20xas long as short
BingX PRL-USDTlong+0.0392%4h0.1182long leg$1.6M
Extended PRL-USDshort+0.0400%1h0.1183+0.065%$4K$158K5x
MEXC PRL_USDT+0.0400%4h0.1183+0.085%$474K$174K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PRLUSDT+0.0403%4h0.1184+0.135%$2.1M$2.4M20xas long as short
Aster PRLUSDT+0.0482%4h0.1181−0.060%$6K$6145xas long as short
Deribit PRL_USDC-PERPETUAL+0.1978%1h0.1183+0.090%10xas long as short