PRL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0864%/8h= −94.6% APRnext payment −$4.32 per $10,000 · paid last 24h −0.124%

Price spread now: Gate against BingX+0.017%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.235%−$24 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$26 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.235% in total (about -12.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX PRL-USDT	0.1171	0.0964	pay 0.0482% / 4h	1h 45m	—	$1.6M	—
Short	Gate PRL_USDT	0.1171	0.0100	get 0.0050% / 4h	1h 45m	$99K	$64K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BingXbpFee GatebpOrdersPrice spread, now +0.017%Rate

Funding earned: −$181.44
Price spread: +0.017% → 0.000%: $1.71
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$204.73
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 17 min ago; Gate: 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, 17 min ago	8.52 bp	36.3 bp −$36	114.1 bp −$1,141	doesn't fit	doesn't fit
Sell Gate no order-book sample	—	—	—	—	—

Gate: 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_USDTshort	+0.0100%	4h	0.1171	+0.017%	$99K	$64K	20x
Bitget PRLUSDT	+0.0100%	4h	0.1170	−0.085%	$829K	$392K	20x	as long as short
SunX PRL-USDT	+0.0100%	4h	0.1169	−0.171%	$2K	$1.1M	20x	as long as short
KuCoin PRLUSDTM	+0.0462%	4h	0.1170	−0.077%	$1.5M	$243K	20x	as long as short
Extended PRL-USD	+0.0496%	1h	0.1170	−0.044%	$2K	$151K	5x	as long as short
MEXC PRL_USDT	+0.0496%	4h	0.1170	−0.085%	$468K	$171K	20x	as long as short
Binance PRLUSDT	+0.0496%	4h	0.1171	0.000%	$2.1M	$2.3M	20x	as long as short
Aster PRLUSDT	+0.0529%	4h	0.1170	−0.098%	$6K	$614	5x	as long as short
Coinbase International PRL-PERP-INTX	+0.0632%	1h	0.1184	+1.097%	$17K	$12K	50x	as long as short
BloFin PRL-USDT	+0.0935%	4h	0.1173	+0.171%	—	$14K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PRL-USDTlong	+0.0964%	4h	0.1171	long leg	—	$1.6M	—
Bybit PRLUSDT	+0.0964%	4h	0.1171	0.000%	$781K	$528K	25x	as long as short
Deribit PRL_USDC-PERPETUAL	+0.1265%	1h	0.1170	−0.061%	—	—	10x	as long as short