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 08:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.90 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against BloFin−0.110%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$615as in the Funding arb table
Net, price: spread back to 7d avg − costs−$606as in the Price arb table
costs, in and out, $10k−$6056.051% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 4 days (all we have)−0.334%−$33 · spread now −0.110%, 7d avg −0.099%
Together, before fees−0.430%−$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.099%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PRL-USDT0.11790.0058pay 0.0029% / 4h1h 30m$137K$14K25x
ShortKuCoin PRLUSDTM0.11780.0238get 0.0119% / 4h1h 30m$1.5M$271K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
$37.77
Price spread: −0.110% → −0.099%
−$1.08
Slippage, 4 orders
−$581.13
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$568.44
Costs to cover
6.051%
Break-even
112.4 days
Slippage from BloFin: live order book, 41 min ago; KuCoin: live order book, 5 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 BloFin live order book, 41 min ago12.65 bp66.9 bp −$67doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago11.46 bp224.4 bp −$224doesn'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
BloFin PRL-USDTlong+0.0058%4h0.1179long leg$137K$14K25x
Bybit PRLUSDT+0.0100%4h0.1178−0.085%$731K$596K25xas long as short
Gate PRL_USDT+0.0100%4h0.1178−0.059%$100K$62K20xas long as short
Bitget PRLUSDT+0.0100%4h0.1178−0.085%$847K$420K20xas long as short
SunX PRL-USDT+0.0100%4h0.1178−0.085%$2K$1.2M20xas long as short
KuCoin PRLUSDTMshort+0.0238%4h0.1178−0.110%$1.5M$271K20x
Coinbase International PRL-PERP-INTX+0.0336%1h0.1179+0.018%$17K$12K50xas long as short
Extended PRL-USD+0.0472%1h0.1179+0.017%$3K$144K5xas long as short
Binance PRLUSDT+0.0475%4h0.1179+0.042%$2.1M$2.4M20xas long as short
MEXC PRL_USDT+0.0484%4h0.11790.000%$498K$174K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PRL-USDT+0.0494%4h0.1180+0.085%$1.6Mas long as short
Aster PRLUSDT+0.0499%4h0.1178−0.100%$5K$1K5xas long as short
Deribit PRL_USDC-PERPETUAL+0.1790%1h0.1179−0.020%10xas long as short