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

PRL

all PRL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0550%/8h= −60.2% APRnext payment $2.75 per $10,000 · paid last 24h −0.159%
Price spread now: SunX against BingX−0.170%7-day average −0.088% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.485%−$48 on $10k
Price spread, last 4 days (all we have)+0.388%+$39 · spread now −0.170%, 7d avg −0.088%
Together, before fees−0.097%−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and SunX is 0.082% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.088%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PRL-USDT0.11780.0650pay 0.0325% / 4h3m 11s$1.6M
ShortSunX PRL-USDT0.11760.0100get 0.0050% / 4h3m 11s$2K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$115.5
Price spread: −0.170% → −0.088%
−$8.18
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$141.68
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 4 min ago; SunX: live order book, 10 min ago. Net counts fees only.

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, 4 min ago8.50 bp30.6 bp −$31101.5 bp −$1,015doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago509.90 bpdoesn't fitdoesn'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
Bitget PRLUSDT+0.0100%4h0.1177−0.085%$850K$415K20xas long as short
SunX PRL-USDTshort+0.0100%4h0.1176−0.170%$2K$1.1M20x
Gate PRL_USDT+0.0102%4h0.1178+0.042%$99K$65K20xas long as short
KuCoin PRLUSDTM+0.0542%4h0.1177−0.068%$1.5M$252K20xas long as short
Bybit PRLUSDT+0.0596%4h0.1177−0.085%$733K$579K25xas long as short
BingX PRL-USDTlong+0.0650%4h0.1178long leg$1.6M
BloFin PRL-USDT+0.0652%4h0.1175−0.255%$138K$14K25xas long as short
MEXC PRL_USDT+0.0664%4h0.11780.000%$461K$175K20xas long as short
Binance PRLUSDT+0.0668%4h0.11780.000%$2.1M$2.4M20xas long as short
Extended PRL-USD+0.0672%1h0.1178−0.029%$6K$149K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PRLUSDT+0.0753%4h0.1175−0.271%$5K$1K5xas long as short
Coinbase International PRL-PERP-INTX+0.0840%1h0.1169−0.792%$17K$12K50xas long as short
Deribit PRL_USDC-PERPETUAL+0.2601%1h0.1178+0.020%10xas long as short