Funding you earn now, next payment 08:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.49 per $10,000 · paid last 24h −0.023%
Price spread now: KuCoin against BingX−0.119%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$456as in the Funding arb table
Net, price: spread back to 7d avg − costs−$442as in the Price arb table
costs, in and out, $10k−$4364.358% of the position
Funding, last 7 days−0.198%−$20 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.119%, 7d avg −0.054%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.064% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.054%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PRL-USDT | 0.1178 | 0.0634 | pay 0.0317% / 4h | 3h 58m | — | $1.6M | — |
| Short | KuCoin PRLUSDTM | 0.1177 | 0.0536 | get 0.0268% / 4h | 3h 58m | $1.5M | $251K | 20x |
BingX PRL-USDT
KuCoin PRLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$20.58
- Price spread: −0.119% → −0.054%
- −$6.44
- Slippage, 4 orders
- −$413.79
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$462.81
- Costs to cover
- 4.358%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 8 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 BingX live order book, 9 min ago | 8.50 bp | 30.6 bp −$31 | 101.5 bp −$1,015 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 9.77 bp | 195.5 bp −$195 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PRL-USDT | +0.0093% | 4h | 0.1180 | +0.170% | $139K | $14K | 25x | as long as short |
| Gate PRL_USDT | +0.0100% | 4h | 0.1178 | +0.025% | $99K | $65K | 20x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1177 | −0.085% | $850K | $414K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1176 | −0.170% | $2K | $1.1M | 20x | as long as short |
| KuCoin PRLUSDTMshort | +0.0536% | 4h | 0.1177 | −0.119% | $1.5M | $251K | 20x | |
| Coinbase International PRL-PERP-INTX | +0.0584% | 1h | 0.1169 | −0.792% | $17K | $12K | 50x | as long as short |
| BingX PRL-USDTlong | +0.0634% | 4h | 0.1178 | long leg | — | $1.6M | — | |
| Binance PRLUSDT | +0.0677% | 4h | 0.1177 | −0.085% | $2.1M | $2.4M | 20x | as long as short |
| MEXC PRL_USDT | +0.0678% | 4h | 0.1178 | 0.000% | $461K | $171K | 20x | as long as short |
| Extended PRL-USD | +0.0680% | 1h | 0.1177 | −0.113% | $6K | $149K | 5x | as long as short |
BloFin PRL-USDT
Gate PRL_USDT
Bitget PRLUSDT
SunX PRL-USDT
Coinbase International PRL-PERP-INTX
Binance PRLUSDT
MEXC PRL_USDT
Extended PRL-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PRLUSDT | +0.0758% | 4h | 0.1175 | −0.233% | $5K | $1K | 5x | as long as short |
| Bybit PRLUSDT | +0.1017% | 4h | 0.1178 | 0.000% | $731K | $581K | 25x | as long as short |
| Deribit PRL_USDC-PERPETUAL | +0.2628% | 1h | 0.1178 | −0.030% | — | — | 10x | as long as short |
Aster PRLUSDT
Bybit PRLUSDT
Deribit PRL_USDC-PERPETUAL