Funding you earn now, next payment 01:00 UTC+0.2390%/8h= +261.7% APRpaid last 24h —
Price spread now: Deribit against Bitget+0.112%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 +$72 a day on $10k at the current rate, and Deribit is 0.112% dearer against Bitget than usual: you sell high and buy low: +$11 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 | Bitget PRLUSDT | 0.1177 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $835K | $390K | 20x |
| Short | Deribit PRL_USDC-PERPETUAL | 0.1178 | 0.2490 | get 0.0311% / 1h | 19m 34s | — | — | 10x |
Bitget PRLUSDT
Deribit PRL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bitget. 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
- $501.94
- Price spread: +0.112% → 0.000%
- $11.21
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $494.15
- Costs to cover
- 0.190%
- Break-even
- 0.1 days
Slippage unknown: Bitget: live order book, 51 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 Bitget live order book, 51 min ago | 12.69 bp | 34.3 bp −$34 | 253.3 bp −$2,533 | 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 | 0.1179 | +0.144% | $99K | $62K | 20x | as long as short |
| Bitget PRLUSDTlong | +0.0100% | 4h | 0.1177 | long leg | $835K | $390K | 20x | |
| 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 | +0.0356% | 4h | 0.1178 | +0.127% | $1.5M | $263K | 20x | as long as short |
| Extended PRL-USD | +0.0456% | 1h | 0.1178 | +0.065% | $2K | $168K | 5x | as long as short |
| MEXC PRL_USDT | +0.0456% | 4h | 0.1177 | 0.000% | $469K | $173K | 20x | as long as short |
| Binance PRLUSDT | +0.0458% | 4h | 0.1178 | +0.058% | $2.1M | $2.4M | 20x | as long as short |
| Aster PRLUSDT | +0.0536% | 4h | 0.1178 | +0.069% | $6K | $614 | 5x | as long as short |
| Bybit PRLUSDT | +0.1394% | 4h | 0.1177 | 0.000% | $795K | $531K | 25x | as long as short |
Gate PRL_USDT
SunX PRL-USDT
Coinbase International PRL-PERP-INTX
KuCoin PRLUSDTM
Extended PRL-USD
MEXC PRL_USDT
Binance PRLUSDT
Aster PRLUSDT
Bybit PRLUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PRL-USDT | +0.1669% | 4h | 0.1178 | +0.085% | $136K | $14K | 25x | as long as short |
| BingX PRL-USDT | +0.1728% | 4h | 0.1177 | 0.000% | — | $1.6M | — | as long as short |
| Deribit PRL_USDC-PERPETUALshort | +0.2490% | 1h | 0.1178 | +0.112% | — | — | 10x |
BloFin PRL-USDT
BingX PRL-USDT