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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PRL-USDT | 0.1179 | 0.0058 | pay 0.0029% / 4h | 1h 30m | $137K | $14K | 25x |
| Short | KuCoin PRLUSDTM | 0.1178 | 0.0238 | get 0.0119% / 4h | 1h 30m | $1.5M | $271K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 41 min ago | 12.65 bp | 66.9 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 11.46 bp | 224.4 bp −$224 | 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-USDTlong | +0.0058% | 4h | 0.1179 | long leg | $137K | $14K | 25x | |
| Bybit PRLUSDT | +0.0100% | 4h | 0.1178 | −0.085% | $731K | $596K | 25x | as long as short |
| Gate PRL_USDT | +0.0100% | 4h | 0.1178 | −0.059% | $100K | $62K | 20x | as long as short |
| Bitget PRLUSDT | +0.0100% | 4h | 0.1178 | −0.085% | $847K | $420K | 20x | as long as short |
| SunX PRL-USDT | +0.0100% | 4h | 0.1178 | −0.085% | $2K | $1.2M | 20x | as long as short |
| KuCoin PRLUSDTMshort | +0.0238% | 4h | 0.1178 | −0.110% | $1.5M | $271K | 20x | |
| Coinbase International PRL-PERP-INTX | +0.0336% | 1h | 0.1179 | +0.018% | $17K | $12K | 50x | as long as short |
| Extended PRL-USD | +0.0472% | 1h | 0.1179 | +0.017% | $3K | $144K | 5x | as long as short |
| Binance PRLUSDT | +0.0475% | 4h | 0.1179 | +0.042% | $2.1M | $2.4M | 20x | as long as short |
| MEXC PRL_USDT | +0.0484% | 4h | 0.1179 | 0.000% | $498K | $174K | 20x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PRL-USDT | +0.0494% | 4h | 0.1180 | +0.085% | — | $1.6M | — | as long as short |
| Aster PRLUSDT | +0.0499% | 4h | 0.1178 | −0.100% | $5K | $1K | 5x | as long as short |
| Deribit PRL_USDC-PERPETUAL | +0.1790% | 1h | 0.1179 | −0.020% | — | — | 10x | as long as short |
BloFin PRL-USDT
KuCoin PRLUSDTM
Bybit PRLUSDT
Gate PRL_USDT
Bitget PRLUSDT
SunX PRL-USDT
Coinbase International PRL-PERP-INTX
Extended PRL-USD
Binance PRLUSDT
MEXC PRL_USDT
BingX PRL-USDT
Aster PRLUSDT
Deribit PRL_USDC-PERPETUAL